Welcome to our dedicated page for PNC Financial Services Group news (Ticker: PNC), a resource for investors and traders seeking the latest updates and insights on PNC Financial Services Group stock.
The PNC Financial Services Group, Inc. reports developments from a diversified U.S. banking franchise organized around retail and business banking, corporate banking, real estate finance, asset-based lending, treasury management, wealth management and asset management. News commonly covers earnings drivers such as net interest income, loan and deposit trends, fee income, capital and liquidity metrics, and the integration of completed acquisitions.
Company updates also include capital actions such as common and preferred dividends, share repurchases and senior note redemptions. Product and client-service news has included Treasury Management insurance payments through the Claim Payments & Remittances platform, consumer relationship programs such as PNC TotalRewards, PNC Private Bank research, and community initiatives under PNC Grow Up Great.
PNC (NYSE: PNC), through PNC Wealth Management, launched a new Securities-Based Lending (SBL) solution for PNC Premier Client℠ customers, offering lines of credit starting at $100,000 to clients with more than $200,000 in assets at PNC Wealth Management.
The SBL facility is designed to give eligible clients fast, cost-free setup of a flexible, interest-only line of credit backed by their pledged investment portfolios, allowing access to liquidity without selling securities. The solution complements PNC’s Premier Client experience for investors with roughly $100,000–$3 million in investable assets and sits alongside offerings such as TotalRewards and digital brokerage account opening.
PNC (NYSE: PNC) reported second quarter 2026 net income of $2.1 billion, with diluted EPS of $4.81 and $4.85 as adjusted. Total revenue reached a record $6.9 billion, up 12% from 1Q26 and 21% from 2Q25, driven by higher net interest income of $4.1 billion and noninterest income of $2.8 billion. Fee income rose 10% quarter over quarter and 20% year over year, supported by strong capital markets and advisory activity. Pretax, pre-provision earnings increased 16% to $2.8 billion, generating 3% positive operating leverage and a 17.9% ROTCE.
Average loans grew 4% to $363.2 billion, while average deposits were stable at $457.0 billion and the net interest margin ticked up to 2.96%. Credit quality metrics improved, with delinquencies down 8%, nonperforming loans down 10%, and net loan charge-offs of $226 million (0.25% annualized) lower than 1Q26. PNC completed the conversion of FirstBank customers, employees and branches as of June 22, 2026.
Integration costs for FirstBank were $127 million in 2Q26. Significant items included a $448 million gain from the Visa exchange program, largely offset by a $140 million PNC Foundation contribution, a $139 million securities loss and negative $85 million Visa derivative fair value adjustments, resulting in a net $15 million decrease in net income, or $0.04 reduction to EPS. Noninterest expense rose to $4.1 billion, or 5% higher excluding integration and significant items. The CET1 capital ratio was an estimated 9.9%.
PNC returned $1.3 billion to shareholders through $0.7 billion of common dividends and $0.6 billion of share repurchases. The board raised the quarterly common dividend by $0.30, or 18%, to $2.00 per share, payable August 5, 2026, and share repurchases in 3Q26 are expected to approximate 2Q26 levels.
Superior Industries (PNC) announced the closing of a senior financing facility with PNC Bank, N.A., designed to strengthen liquidity and financial flexibility. The facility supports Superior’s operating priorities, long-term strategic plan, and key initiatives across its global operations, while establishing a committed banking relationship.
PNC (NYSE: PNC) will redeem on July 23, 2026 all outstanding 5.102% Fixed Rate/Floating Rate Senior Notes due July 23, 2027, with an aggregate principal of $1,000,000,000. The notes will be redeemed at 100% of principal plus accrued and unpaid interest, with interest ceasing on the redemption date.
PNC (NYSE:PNC) launched a new Mobile Banking app, offering a personalized, secure, high-performing digital experience for retail clients. The app is rolling out in phases, with all clients expected to access the modernized platform by the end of summer.
The app features customizable dashboards, improved navigation, language and display options, and is built on PNC’s agentic development system with patented microservices architecture. It supports embedded generative AI for intelligent assistance and insights. PNC’s existing mobile platform serves 8 million clients and handles 150 million monthly sessions, with active users up 8% year-over-year in Q1.
PNC (NYSE:PNC) raised its quarterly common stock dividend to $2.00 per share, up $0.30 or 18% from $1.70. The dividend is payable August 5, 2026, to shareholders of record on July 20, 2026.
PNC also declared 2026 dividends for preferred Series B, T, U, V, W and X, with specified per-share amounts and payment/record dates.
PNC Financial Services Group (NYSE: PNC) announced its planned 2027 quarterly earnings release and conference call dates. Earnings releases are expected pre-market, with calls at 10 a.m. ET on April 15, July 15, October 15, 2027, and January 18, 2028.
Webcasts and materials will be available at PNC’s investor events website.
PNC (NYSE: PNC) plans to recommend an 18% increase in its quarterly common stock dividend, raising it by $0.30 to $2.00 per share starting in the third quarter of 2026, subject to board approval on July 6, 2026.
PNC reported strong 2026 Federal Reserve CCAR stress test results, with a 0.3% start-to-minimum CET1 depletion, described as the best in its peer group. Its CET1 ratio was 10.1% on March 31, 2026, above its 7.0% SCB-based requirement. PNC’s stress capital buffer will remain at 2.5% until a new requirement takes effect Oct. 1, 2027.
PNC (NYSE: PNC) released results of its 2026 Dodd-Frank company-run stress test, detailing projected revenues, losses, net income before taxes, risk-weighted assets, and regulatory capital ratios under supervisory scenarios.
PNC’s stress capital buffer will remain at the 2.5% regulatory minimum until a new SCB, based on the 2027 supervisory stress test, becomes effective on October 1, 2027.
PNC (NYSE:PNC) completed the conversion of FirstBank customers and branches in Colorado and Arizona to PNC Bank. The move covers 780,000 customers, more than 1,620 employees and 95 branches, expanding access to PNC’s full product suite, digital banking and nationwide 2,400-branch/58,000-ATM network.