PNC vs. RY: PNC Financial Services vs. Royal Bank of Canada Stock Comparison
This page compares PNC Financial Services (PNC) with Royal Bank of Canada (RY) using performance and risk, profitability, financial strength, growth, dividends, and valuation metrics.
Performance
Cumulative Growth
Trailing Returns
Performance at a Glance
| Metric | PNC | RY |
|---|---|---|
| 1-Year Return | 36.84% | 57.29% |
Risk
Drawdown
Risk at a Glance
| Metric | PNC | RY |
|---|---|---|
| 1-Year Volatility | 21.78% | 15.16% |
| Beta | 0.92 | 0.80 |
| 3-Month Avg. Volume | 2.16M | 1.50M |
Company Profile
PNC Financial Services (PNC) and Royal Bank of Canada (RY) are both classified in the Diversified Banks sub-industry within the broader Banks industry, placing them in the closest GICS peer bucket.
| Profile Item | PNC | RY |
|---|---|---|
| Name | The PNC Financial Services Group, Inc. | Royal Bank of Canada |
| Country/Region | United States | Canada |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Banks | Banks |
| GICS Industry | Banks | Banks |
| GICS Sub-Industry | Diversified Banks | Diversified Banks |
| Market Capitalization | 93.18 billion USD | 277.29 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | November 17, 1975 | October 16, 1995 |
| Security Type | Common Stock | Common Stock |
Valuation
Price-to-Earnings Ratio (TTM)
PNC Financial Services (PNC) at 13.49 is near its industry’s usual P/E ratio, while Royal Bank of Canada (RY) at 18.11 sits in the richer quartile — RY needs stronger growth or earnings quality to justify the premium.
PNC
Banks industry group
13.49
- Max
- 20.85
- Q3
- 15.27
- PNC
- 13.49
- Median
- 12.70
- Q1
- 11.13
- Min
- 6.36
RY
Banks industry group
18.11
- Max
- 20.85
- RY
- 18.11
- Q3
- 15.27
- Median
- 12.70
- Q1
- 11.13
- Min
- 6.36
Price-to-Sales Ratio (TTM)
P/S ratio is set aside for both PNC Financial Services (PNC) in Banks and Royal Bank of Canada (RY) in Banks: without a conventional revenue line, pricing per dollar of sales isn’t meaningful, and book- or earnings-based multiples make the better comparison.
Price-to-Book Ratio (MRQ)
Both look rich against book: PNC Financial Services (PNC) at 1.62 sits in the upper P/B ratio quartile, and Royal Bank of Canada (RY) at 2.95 prices even higher, above its industry range.
PNC
Banks industry group
1.62
- Max
- 2.23
- PNC
- 1.62
- Q3
- 1.56
- Median
- 1.27
- Q1
- 1.10
- Min
- 0.62
RY
Banks industry group
2.95
- RY
- 2.95
- Max
- 2.23
- Q3
- 1.56
- Median
- 1.27
- Q1
- 1.10
- Min
- 0.62
Valuation at a Glance
| Metric | PNC | RY |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 13.49 | 18.11 |
| Price-to-Sales Ratio (TTM) | -- | -- |
| Price-to-Book Ratio (MRQ) | 1.62 | 2.95 |
| Free Cash Flow Yield | -- | -- |
Profitability
Return on Equity (TTM)
Royal Bank of Canada (RY) at 16.20% sits in the top ROE quartile, while PNC Financial Services (PNC) at 12.10% is closer to the peer norm — stronger capital efficiency for RY.
PNC
Banks industry group
12.10%
- Max
- 19.15%
- Q3
- 13.07%
- PNC
- 12.10%
- Median
- 10.82%
- Q1
- 8.57%
- Min
- 3.15%
RY
Banks industry group
16.20%
- Max
- 19.15%
- RY
- 16.20%
- Q3
- 13.07%
- Median
- 10.82%
- Q1
- 8.57%
- Min
- 3.15%
Net Profit Margin (TTM)
Both PNC Financial Services (PNC) at 31.31% and Royal Bank of Canada (RY) at 33.69% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
PNC
Banks industry group
31.31%
- Max
- 47.55%
- Q3
- 34.61%
- PNC
- 31.31%
- Median
- 30.31%
- Q1
- 25.62%
- Min
- 12.76%
RY
Banks industry group
33.69%
- Max
- 47.55%
- Q3
- 34.61%
- RY
- 33.69%
- Median
- 30.31%
- Q1
- 25.62%
- Min
- 12.76%
Operating Profit Margin (TTM)
Neither side reports a meaningful operating margin: for PNC Financial Services (PNC) in Banks and Royal Bank of Canada (RY) in Banks, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.
Profitability at a Glance
| Metric | PNC | RY |
|---|---|---|
| Return on Equity (TTM) | 12.10% | 16.20% |
| Return on Assets (TTM) | 1.26% | 0.96% |
| Net Profit Margin (TTM) | 31.31% | 33.69% |
| Operating Profit Margin (TTM) | -- | -- |
| Gross Profit Margin (TTM) | -- | -- |
Growth
Revenue Growth
Revenue Growth at a Glance
| Metric | PNC | RY |
|---|---|---|
| 1-Year Revenue Growth | 10.90% | 15.73% |
| 3-Year Revenue CAGR | 3.01% | 10.90% |
EPS Growth
EPS Growth at a Glance
| Metric | PNC | RY |
|---|---|---|
| 1-Year EPS Growth | 20.74% | -- |
| 3-Year EPS CAGR | 6.20% | -- |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: PNC Financial Services (PNC) in Banks and Royal Bank of Canada (RY) in Banks both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.
Debt-to-Equity Ratio (MRQ)
debt-to-equity ratio is set aside for both: PNC Financial Services (PNC) in Banks and Royal Bank of Canada (RY) in Banks run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.
Financial Strength at a Glance
| Metric | PNC | RY |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt-to-Equity Ratio (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Both PNC Financial Services (PNC) at 2.90% and Royal Bank of Canada (RY) at 2.55% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
PNC
Banks industry group
2.90%
- Max
- 6.87%
- Q3
- 2.97%
- PNC
- 2.90%
- Median
- 1.82%
- Q1
- 0.00%
- Min
- 0.00%
RY
Banks industry group
2.55%
- Max
- 6.87%
- Q3
- 2.97%
- RY
- 2.55%
- Median
- 1.82%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both PNC Financial Services (PNC) at 38.93% and Royal Bank of Canada (RY) at 41.35% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
PNC
Banks industry group
38.93%
- Max
- 67.80%
- Q3
- 42.56%
- PNC
- 38.93%
- Median
- 28.63%
- Q1
- 20.42%
- Min
- 0.00%
RY
Banks industry group
41.35%
- Max
- 67.80%
- Q3
- 42.56%
- RY
- 41.35%
- Median
- 28.63%
- Q1
- 20.42%
- Min
- 0.00%
Dividends at a Glance
| Metric | PNC | RY |
|---|---|---|
| Dividend Yield (TTM) | 2.90% | 2.55% |
| Dividend Payout Ratio (TTM) | 38.93% | 41.35% |