Which has the lower trailing P/E, PNC or USB?

USB has the lower trailing P/E: PNC trades at 13.44 and USB at 12.57. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, PNC or USB?

Over the past five years, PNC grew revenue faster — PNC at a 14.47% CAGR versus USB at 12.72%.

Does PNC or USB pay a bigger dividend?

PNC yields 2.95% and USB yields 3.35% based on trailing dividends and the latest price.

Is PNC or USB more profitable?

PNC runs the higher net margin — PNC at 21.70% versus USB at 18.69%.

How have PNC and USB total returns compared?

Over the past 10 years, PNC delivered 14.03% and USB delivered 7.51% annualized total return. Past performance doesn't predict future results.

The PNC Financial Services Group, Inc. (PNC) vs U.S. Bancorp (USB)

A side-by-side comparison of The PNC Financial Services Group, Inc. and U.S. Bancorp across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 10, 2026. Differences are shown without an overall score or investment verdict.

PNC

The PNC Financial Services Group, Inc.

$97.45B

$244.24Financial ServicesDelayed quote: Sep 11, 2026, 4:00 PM EDT

USB

U.S. Bancorp

$97.89B

$62.84Financial ServicesDelayed quote: Sep 11, 2026, 4:00 PM EDT

Total return — PNC vs USB

growth of $100 · dividends reinvested · last 10y

PNC +273.9% (+14.1%/yr)USB +105.1% (+7.4%/yr)PNC compounded faster over this window

PNC USB

PNC vs USB: by the numbers

•USB is the larger company ($97.89B vs $97.45B market cap).
•USB trades at the lower trailing earnings multiple (12.57 vs 13.44 P/E), one valuation lens rather than an overall verdict.
•PNC converts more revenue to profit (21.70% vs 18.69% net margin).
•PNC grew revenue faster over the past five years (14.47% vs 12.72% CAGR).
•USB pays the higher dividend yield (3.35% vs 2.95%).

Metrics side by side

Valuation

Metric	PNC	USB
P/E ratio	13.44	12.57
Forward P/E	12.86	12.04
P/S ratio	2.77	2.24
P/B ratio	1.52	1.45

Profitability

Metric	PNC	USB
Gross margin	67.91%	63.78%
Operating margin	26.71%	23.95%
Net margin	21.70%	18.69%
ROE	11.92%	12.12%

Dividends

Metric	PNC	USB
Dividend yield	2.95%	3.35%
Payout ratio	39.08%	41.60%

Growth (annualized)

Metric	PNC	USB
Revenue CAGR (5Y)	14.47%	12.72%
EPS CAGR (5Y)	21.18%	8.59%
Total return CAGR (5Y)	8.51%	6.69%

Frequently asked

Which has the lower trailing P/E, PNC or USB?: USB has the lower trailing P/E: PNC trades at 13.44 and USB at 12.57. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, PNC or USB?: Over the past five years, PNC grew revenue faster — PNC at a 14.47% CAGR versus USB at 12.72%.
Does PNC or USB pay a bigger dividend?: PNC yields 2.95% and USB yields 3.35% based on trailing dividends and the latest price.
Is PNC or USB more profitable?: PNC runs the higher net margin — PNC at 21.70% versus USB at 18.69%.
How have PNC and USB total returns compared?: Over the past 10 years, PNC delivered 14.03% and USB delivered 7.51% annualized total return. Past performance doesn't predict future results.

Go deeper

Full PNC analysis Full USB analysis Interactive comparison tool

Dig into the metrics

PNC Financial Services P/E ratio U.S. Bancorp P/E ratio PNC Financial Services dividend yield U.S. Bancorp dividend yield PNC Financial Services ROE U.S. Bancorp ROE PNC Financial Services operating margin U.S. Bancorp operating margin PNC Financial Services revenue growth U.S. Bancorp revenue growth

PNC Financial Services & U.S. Bancorp appear in these rankings

Highest Dividend Yield Stocks Highest FCF Yield Stocks Highest 10-Year Total Return Stocks Lowest P/E Ratio Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 10, 2026.