PNC Financial Services reported stronger-than-expected quarterly earnings, lifting its stock price, while State Street and J.B. Hunt posted below-consensus results, triggering declines. Market reactions underscore divergent performance in financial and transportation sectors.
- PNC reported EPS of $3.42, surpassing the $3.30 consensus
- PNC’s revenue rose 4% YoY to $6.31 billion
- State Street’s EPS of $2.15 fell below the $2.22 expected
- J.B. Hunt posted a $0.48 loss per share, missing breakeven estimates
- PNC stock gained 3.7%, STT declined 2.3%, JBHT dropped 5.6%
- Market reactions reflect sector-specific challenges in banking and logistics
PNC Financial Services Inc. (PNC) posted adjusted earnings per share of $3.42 for the fourth quarter of 2025, surpassing analyst forecasts of $3.30. Revenue reached $6.31 billion, up 4% year-over-year, driven by robust loan growth and improved net interest margins. The results fueled a 3.7% surge in PNC’s share price during after-hours trading, marking its highest intraday gain in over three months. In contrast, State Street Corporation (STT) reported EPS of $2.15, falling short of the $2.22 consensus. The asset management and banking giant cited lower trading volumes and elevated operational expenses, contributing to a 2.3% drop in its stock price. STT’s revenue declined 1.8% to $2.48 billion, reflecting ongoing headwinds in global equity markets and client activity. J.B. Hunt Transport Services (JBHT) reported a quarterly loss of $0.48 per share, significantly worse than the expected break-even result. The company attributed the miss to reduced freight demand in the intermodal segment and higher fuel costs, which pressured margins. JBHT’s shares dropped 5.6% in early trading, marking its steepest one-day decline since late 2024. The divergent earnings outcomes highlight growing sectoral fragmentation. While banks with strong credit quality and fee income resilience outperformed, logistics firms face persistent macroeconomic pressures, including inflationary input costs and slowing industrial output.