PNC vs. FCNCA
PNC (The PNC Financial Services Group, Inc.) and FCNCA (First Citizens BancShares, Inc.) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. Over the past 10 years, PNC returned 15.09%/yr vs 24.72%/yr for FCNCA. At a 0.42 correlation, their price movements are largely independent.
Performance
PNC vs. FCNCA - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PNC achieves a 16.11% return, which is significantly higher than FCNCA's -1.43% return. Over the past 10 years, PNC has underperformed FCNCA with an annualized return of 15.09%, while FCNCA has yielded a comparatively higher 24.72% annualized return.
PNC
- 1D
- 1.69%
- 1M
- 8.87%
- YTD
- 16.11%
- 6M
- 14.34%
- 1Y
- 36.49%
- 3Y*
- 29.60%
- 5Y*
- 8.65%
- 10Y*
- 15.09%
FCNCA
- 1D
- 1.25%
- 1M
- 6.12%
- YTD
- -1.43%
- 6M
- -2.42%
- 1Y
- 12.20%
- 3Y*
- 20.90%
- 5Y*
- 20.19%
- 10Y*
- 24.72%
PNC vs. FCNCA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PNC The PNC Financial Services Group, Inc. | 16.11% | 12.24% | 29.39% | 2.71% | -18.59% | 38.18% | -2.78% | 40.91% | -16.98% | 25.95% |
FCNCA First Citizens BancShares, Inc. | -1.43% | 1.99% | 49.46% | 87.73% | -8.35% | 44.83% | 8.35% | 41.64% | -6.12% | 13.92% |
Correlation
The correlation between PNC and FCNCA is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.65 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.61 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.63 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.66 |
Correlation (All Time) Calculated using the full available price history since Feb 25, 1992 | 0.42 |
Over the past year, PNC and FCNCA have become more correlated (0.65) than their long-term average of 0.42, meaning their price movements have been converging.
Fundamentals
PNC:
$98.13B
FCNCA:
$25.18B
PNC:
$18.09
FCNCA:
$179.22
PNC:
13.19
FCNCA:
11.78
PNC:
1.78
FCNCA:
0.05
PNC:
2.97
FCNCA:
1.84
PNC:
1.54
FCNCA:
1.24
PNC:
$32.06B
FCNCA:
$14.45B
PNC:
$23.04B
FCNCA:
$9.08B
PNC:
$8.83B
FCNCA:
$3.47B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PNC vs. FCNCA — Risk / Return Rank
PNC
FCNCA
PNC vs. FCNCA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The PNC Financial Services Group, Inc. (PNC) and First Citizens BancShares, Inc. (FCNCA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PNC | FCNCA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.24 | ||
| Sortino ratioReturn per unit of downside risk | +1.56 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.10 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 2.13 | 0.51 | +1.62 |
| Martin ratioReturn relative to average drawdown | 4.83 | 1.09 | +3.73 |
Loading charts...
Drawdowns
PNC vs. FCNCA - Drawdown Comparison
The maximum PNC drawdown since its inception was -76.65%, which is greater than FCNCA's maximum drawdown of -63.51%. Use the drawdown chart below to compare losses from any high point for PNC and FCNCA.
Loading charts...
Drawdown Indicators
| PNC | FCNCA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.65% | -63.51% | -13.14% |
Max Drawdown (1Y)Largest decline over 1 year | -17.21% | -24.00% | +6.79% |
Max Drawdown (3Y)Largest decline over 3 years | -29.77% | -33.51% | +3.74% |
Max Drawdown (5Y)Largest decline over 5 years | -47.98% | -43.63% | -4.35% |
Max Drawdown (10Y)Largest decline over 10 years | -49.58% | -47.48% | -2.10% |
Current DrawdownCurrent decline from peak | -0.82% | -9.65% | +8.83% |
Average DrawdownAverage peak-to-trough decline | -15.67% | -13.96% | -1.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.58% | 11.17% | -3.59% |
Volatility
PNC vs. FCNCA - Volatility Comparison
The PNC Financial Services Group, Inc. (PNC) and First Citizens BancShares, Inc. (FCNCA) have volatilities of 7.28% and 7.41%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PNC | FCNCA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.28% | 7.41% | -0.13% |
Volatility (6M)Calculated over the trailing 6-month period | 16.68% | 20.10% | -3.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.79% | 27.61% | -5.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.09% | 41.57% | -14.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.66% | 38.01% | -8.35% |
Dividends
PNC vs. FCNCA - Dividend Comparison
PNC's dividend yield for the trailing twelve months is around 2.85%, more than FCNCA's 0.39% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCNCA First Citizens BancShares, Inc. | 0.39% | 0.37% | 0.33% | 0.27% | 0.28% | 0.23% | 0.29% | 0.30% | 0.38% | 0.31% | 0.34% | 0.46% |
PNC The PNC Financial Services Group, Inc. | 2.85% | 3.16% | 3.27% | 3.94% | 3.64% | 2.39% | 3.09% | 2.63% | 2.91% | 1.80% | 1.81% | 2.11% |
Financials
PNC vs. FCNCA - Financials Comparison
This section allows you to compare key financial metrics between The PNC Financial Services Group, Inc. and First Citizens BancShares, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
PNC vs. FCNCA - Profitability Comparison
PNC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The PNC Financial Services Group, Inc. reported a gross profit of 5.96B and revenue of 6.17B. Therefore, the gross margin over that period was 96.6%.
FCNCA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, First Citizens BancShares, Inc. reported a gross profit of 2.31B and revenue of 3.48B. Therefore, the gross margin over that period was 66.5%.
PNC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The PNC Financial Services Group, Inc. reported an operating income of 2.19B and revenue of 6.17B, resulting in an operating margin of 35.5%.
FCNCA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, First Citizens BancShares, Inc. reported an operating income of 705.00M and revenue of 3.48B, resulting in an operating margin of 20.3%.
PNC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The PNC Financial Services Group, Inc. reported a net income of 1.77B and revenue of 6.17B, resulting in a net margin of 28.7%.
FCNCA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, First Citizens BancShares, Inc. reported a net income of 534.00M and revenue of 3.48B, resulting in a net margin of 15.4%.
Frequently Asked Questions
PNC and FCNCA have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FCNCA has higher volatility (7.41%) compared to PNC (7.28%). In terms of maximum drawdown, PNC dropped -76.65% vs FCNCA's -63.51%.
PNC currently has the higher Sharpe Ratio (1.69 vs 0.44), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for PNC and FCNCA
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer