PNC vs WFC
PNC Financial Services Group, Inc. and Wells Fargo & Company, side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | PNC | WFC |
|---|---|---|
| Revenue | $23.1B | $83.7B |
| Net income | $7.0B | $21.3B |
| Gross margin | · | · |
| Net margin | 30.3% | 25.5% |
| Return on equity | 12.2% | 11.8% |
| Diluted EPS | $16.59 | $6.26 |
| Dividend / share | $6.60 | $1.70 |
| Payout ratio | 37.7% | 25.5% |
| Free cash flow | · | · |
| Equity | $60.6B | $181.1B |
| Net debt / equity | 0.29× | 0.11× |
| Current ratio | · | · |
| Revenue CAGR 5y | 6.4% | 2.4% |
| Profit CAGR 5y | −1.5% | 44.6% |
WFC bills 3.6× the revenue of PNC, and PNC keeps more of each dollar of revenue as profit (30.3% against 25.5%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | PNC | WFC |
|---|---|---|
| FY2025 | $23.1B | $83.7B |
| FY2024 | $21.6B | $82.3B |
| FY2023 | $21.5B | $82.6B |
| FY2022 | $21.1B | $74.4B |
| FY2021 | $19.2B | $79.2B |
| FY2020 | $16.9B | $74.3B |
| FY2019 | $16.8B | $86.8B |
| FY2018 | $16.2B | $86.4B |
| FY2017 | $16.3B | $88.4B |
| FY2016 | $15.2B | $88.3B |
Bottom line
| Fiscal year | PNC | WFC |
|---|---|---|
| FY2025 | $7.0B | $21.3B |
| FY2024 | $6.0B | $19.7B |
| FY2023 | $5.6B | $19.1B |
| FY2022 | $6.1B | $13.7B |
| FY2021 | $5.7B | $22.1B |
| FY2020 | $7.6B | $3.4B |
| FY2019 | $5.4B | $19.7B |
| FY2018 | $5.3B | $22.4B |
| FY2017 | $5.4B | $22.2B |
| FY2016 | $4.0B | $21.9B |
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$60,600,000,000 | WFC |
| FY2024 | −$60,741,000,000 | WFC |
| FY2023 | −$61,107,000,000 | WFC |
| FY2022 | −$53,248,000,000 | WFC |
| FY2021 | −$59,955,000,000 | WFC |
| FY2020 | −$57,363,000,000 | WFC |
| FY2019 | −$69,993,000,000 | WFC |
| FY2018 | −$70,218,000,000 | WFC |
| FY2017 | −$72,060,000,000 | WFC |
| FY2016 | −$73,105,000,000 | WFC |
WFC has reported the higher revenue in every one of these 10 fiscal years. The gap has narrowed since the earliest year compared.
10 of 19 comparable fiscal years — a year missing data on either side is not counted.
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +4.8 pp | PNC |
| FY2024 | +3.7 pp | PNC |
| FY2023 | +3.2 pp | PNC |
| FY2022 | +11.0 pp | PNC |
| FY2021 | −0.3 pp | WFC |
| FY2020 | +39.8 pp | PNC |
| FY2019 | +9.1 pp | PNC |
| FY2018 | +6.5 pp | PNC |
| FY2017 | +7.9 pp | PNC |
| FY2016 | +1.4 pp | PNC |
The higher net margin has changed hands between PNC and WFC over this period.
10 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
WFC's net margin has been more volatile than PNC's over the 10 comparable fiscal years — 6.5 percentage points of standard deviation against 5.1.
10 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between PNC and WFC over these 10 fiscal years — PNC led in 9 and WFC in 1.
10 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
WFC's return on equity has been more volatile than PNC's over the 19 comparable fiscal years — 3.3 percentage points of standard deviation against 2.1.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between PNC and WFC over these 19 fiscal years — PNC led in 10 and WFC in 9.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.