The super-regional bank PNC Financial Services (NYSE: PNC) recently reported first-quarter earnings results that easily beat analyst estimates, although they slightly missed on revenue. While near-term challenges remain, I think PNC presents a more conservative risk-reward opportunity when compared to some of its more immediate peers like U.S. Bancorp and Truist. One thing that stands out about PNC is that its balance sheet is very sound when you look at liquidity, capital, its securities book, and deposits.