PNC Reports Second Quarter 2026 Net Income of $2.1 Billion, $4.81 Diluted EPS or $4.85 as Adjusted

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    "url": "https://www.prnewswire.com/news-releases/pnc-reports-second-quarter-2026-net-income-of-2-1-billion-4-81-diluted-eps-or-4-85-as-adjusted-302826322.html",
    "title": "PNC Reports Second Quarter 2026 Net Income of $2.1 Billion, $4.81 Diluted EPS or $4.85 as Adjusted",
    "excerpt": "Generated record revenue, net interest income and fee income Increased quarterly common stock dividend 30 cents, or 18%, to $2.00 per share PITTSBURGH , July 15, 2026 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC ) today reported: For the quarter In millions, except per share data and as noted 2Q26 1Q26 2Q25 Second Quarter Highlights Financial Results Comparisons reflect 2Q26 vs. 1Q26 Net interest income (NII) $ 4,107 $ 3,961 $ 3,555 Income Statement Balance Sheet Fee income (non-GAAP) 2,279 2,079 1,894 Other noninterest income 489 125 212 Noninterest income 2,768 2,204 2,106 Revenue 6,875 6,165 5,661 Noninterest expense 4,098 3,768 3,383 Pretax, pre-provision earnings (PPNR) (non-GAAP) 2,777 2,397 2,278 Provision for credit losses 191 210 254 Net income 2,055 1,772 1,643 Per Common Share Diluted earnings per share (EPS) $ 4.81 $ 4.13 $ 3.85 EPS impact of integration costs and 2Q26 significant items 0.04 0.19 - Diluted EPS - as adjusted (non-GAAP) 4.85 4.32 3.85 Average diluted common shares outstanding 403 405 397 Book value 145.52 143.65 131.61 Tangible book value (TBV) (non-GAAP) 111.09 109.42 103.96 Balance Sheet & Credit Quality Average loans In billions $ 363.2 $ 350.9 $ 322.8 Noninterest-bearing deposits In billions 103.5 99.1 93.1 Interest-bearing deposits In billions 353.5 359.3 329.8 Average deposits In billions 457.0 458.4 423.0 Accumulated other...",
    "summary": "The PNC Financial Services Group reported revenue of $6,875 million for the second quarter of 2026.",
    "location": "Pittsburgh, Pennsylvania, USA",
    "planning": false,
    "image_url": "https://mmx.prnewswire.com/media/MS1882224/PNC-Logo_original.jpg?id=OA2761482&p=facebook",
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    "published_at": "2026-07-15T10:32:00Z",
    "location_data": [
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        "city": "Pittsburgh",
        "state": "Pennsylvania",
        "region": "Northern America",
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    "article_sentence": "Revenue 6,875 6,165 5,661",
    "amount_normalized": 6875000000
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  -H "X-API-KEY: $AUTOBOUND_API_KEY" \
  -H "Content-Type: application/json" \
  -d '{"domain":"pnc.com","limit":20}'