Form 8-K · Current report
PNC Financial Services 8-K, filed Oct 15, 2026
- Filed
- CIK
- 0000713676
- Accession no.
- 0001628280-26-065936
Summary
PNC Financial Services reported third-quarter 2026 net income of $2.1 billion, or $4.97 diluted EPS ($5.09 as adjusted), with growth in average loans and deposits, higher net interest income, lower expenses, and an 18.3% return on average tangible common equity. CEO Bill Demchak said PNC remains confident in its long-term outlook.
Key points
- PNC reported third-quarter 2026 net income of $2.1 billion, diluted EPS of $4.97, and adjusted diluted EPS of $5.09.
- Average loans rose 2% to $372.2 billion and average deposits rose 1% to $461.2 billion; net interest income increased 2% to $4.2 billion.
- PNC declared a quarterly common dividend of $2.00 per share and returned $1.4 billion of capital through $0.8 billion of dividends and $0.6 billion of share repurchases.
- PNC incurred $36 million in FirstBank integration costs and transferred a $1.4 billion student loan portfolio to held-for-sale.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 2.02Results of Operations and Financial Condition
- 9.01Financial Statements and Exhibits
From the filing
Item 2.02 Results of Operations and Financial Condition. On October 15, 2026, The PNC Financial Services Group, Inc. (“PNC”) issued a press release regarding PNC’s earnings and business results for the third quarter of 2026. A copy of PNC’s press release is included in this Report as Exhibit 99.1 and is furnished herewith. In connection therewith, PNC provided supplementary financial information on its website. A copy of PNC’s supplementary financial information is included in this Report as Exhibit 99.2 and is furnished herewith. Item 9.01 Financial Statements and Exhibits. (d) Exhibits. …
An excerpt of the text as filed with the SEC, cut for length.
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