BAC vs PNC: Which Is the Better Dividend Stock?
As of Oct 23, 2026, PNC (The PNC Financial Services Group, Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. PNC offers the higher yield at 3.55%, BAC has the higher dividend-safety score, and PNC looks like the better value (its fair-value estimate is 46% above its share price).
Key facts: BAC vs PNC
Data as of · Source: SmarterDividends data
- As of Oct 23, 2026, The PNC Financial Services Group, Inc. (PNC) has the higher forward dividend yield at 3.55%, versus 2.51% for Bank of America Corporation (BAC).
- As of Oct 23, 2026, SmarterDividends grades BAC's dividend safety A (87/100) and PNC's A (86/100).
- By SmarterDividends' count as of Oct 23, 2026, BAC has raised its dividend for 12 consecutive years and PNC for 15.
- As of Oct 23, 2026, BAC pays out 26% of its earnings as dividends and PNC pays out 37%.
- As of Oct 23, 2026, BAC's fair-value estimate is 24% above its share price and PNC's fair-value estimate is 46% above its share price, so PNC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BAC vs PNC: Dividend Yield, Safety & Value Compared," updated Oct 23, 2026, https://smarterdividends.com/compare/bac-vs-pnc
| Metric | BAC | PNC |
|---|---|---|
| Forward yield | 2.51% | 3.55% |
| Annual dividend | $1.28 | $8.00 |
| Payout ratio | 26% | 37% |
| Years of growth | 12 yr | 15 yr |
| 5-yr dividend growth | 8.4% | 7.5% |
| 5-yr total return | 14% | 14% |
| Dividend safety score | 87 (A) | 86 (A) |
| Fair value estimate | $63.43 | $328.66 |
| Upside to fair value | +24% | +46% |
| Frequency | quarterly | quarterly |
| Market cap | $357.2B | $90.0B |
| P/E ratio | 12.2 | 11.9 |
Higher yield
PNC
3.55%
Safer dividend
BAC
Grade A
Faster growth
BAC
8.4%
Better value
PNC
+46% upside
BAC vs PNC — FAQ
Is BAC or PNC a better dividend stock?
On the data, PNC wins more head-to-head categories (5 vs 3). PNC offers the higher yield (3.55%), while BAC has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, BAC or PNC?
PNC has the higher forward dividend yield at 3.55%, versus 2.51% for BAC.
Is BAC or PNC safer?
BAC has the higher dividend-safety score (87/100 vs 86/100), reflecting stronger payout coverage and dividend-growth history.
Is BAC or PNC better value right now?
As of Oct 23, 2026, PNC looks like the better value: its fair-value estimate is 46% above its share price (undervalued). For BAC, its fair-value estimate is 24% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.