Welcome to our dedicated page for PNC Financial Services Group SEC filings (Ticker: PNC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The PNC Financial Services Group, Inc. filings document a regulated financial services issuer with common stock listed on the New York Stock Exchange and multiple capital instruments. Form 8-K disclosures cover operating results, earnings releases, Regulation FD presentation materials, capital and liquidity measures, share repurchase activity, dividends, and material events affecting senior notes, subordinated notes and preferred stock.
PNC's proxy materials describe shareholder voting matters and governance practices. Other filings record capital-structure changes tied to completed transactions, including the establishment of Series X preferred stock in connection with the completed FirstBank merger, and disclose underwriting agreements, indenture supplements and security terms for public debt offerings.
The PNC Financial Services Group, Inc. is offering $2,000,000,000 of senior unsecured debt in two tranches: $1,000,000,000 of 5.463% Fixed Rate/Floating Rate Senior Notes due July 21, 2037 and $1,000,000,000 of 4.831% Fixed Rate/Floating Rate Senior Notes due July 19, 2030. Both series pay fixed interest semi-annually from July 21, 2026 until one year before maturity, then convert to a floating rate of Compounded SOFR plus 1.267% (2037 notes) or Compounded SOFR plus 0.798% (2030 notes), paid quarterly. PNC may redeem the notes at par on the respective par call dates and earlier at a make-whole premium based on the Treasury Rate plus 15 or 10 basis points, as applicable. Estimated net proceeds are $1,990,300,000, to be used for general corporate purposes including subsidiary funding, debt repayment, and potential repurchases or redemptions of PNC securities.
PNC also provides unaudited preliminary results for the quarter ended June 30, 2026, reporting net income of $2.1 billion on total revenue of $6.9 billion. At June 30, 2026, total assets were $616.0 billion, total deposits $449.8 billion, and common shareholders’ equity $58.1 billion, with book value per common share of $145.52.
The PNC Financial Services Group, Inc. is offering three tranches of senior unsecured notes: two fixed rate/floating rate senior notes maturing in July 2030 and July 2037, and a senior floating rate note maturing in July 2030. The fixed/floating series pay a fixed rate semi-annually before switching to a floating rate based on Compounded SOFR plus a spread, while the floating series pays Compounded SOFR plus a spread throughout, with quarterly payments. The notes rank equally with PNC’s other senior unsecured debt, have no sinking fund, are redeemable at PNC’s option at specified times and prices, and are not insured by the FDIC. Net proceeds are expected to be used for general corporate purposes.
PNC also presents preliminary results for the quarter ended June 30, 2026, reporting net income of $2.1 billion on total revenue of $6.9 billion. At June 30, 2026, total assets were $616.0 billion, loans $368.0 billion, deposits $449.8 billion and common shareholders’ equity $58.1 billion, with book value per common share of $145.52. The disclosure highlights risks including holding-company structural subordination, limited covenants in the indenture, optional redemption, credit rating sensitivity, and complexities and market risks associated with SOFR-based floating rates and potential benchmark transitions.
The PNC Financial Services Group, Inc. reported strong second-quarter 2026 results, with net income of $2.1 billion and diluted EPS of $4.81, or $4.85 on a non-GAAP adjusted basis. Total revenue was $6,875 million, up 21% year over year, and pretax, pre-provision earnings rose 22%.
Average loans grew 13% year over year to $363.2 billion and deposits 8% to $457.0 billion, while credit metrics improved: nonperforming loans were 0.55% of total loans and net charge-offs were 0.25% of average loans. The Basel III CET1 capital ratio was 9.9%, and tangible book value per common share reached $111.09.
PNC returned $1.3 billion to shareholders in the quarter, including $0.7 billion in common dividends and $0.6 billion of share repurchases, and announced an 18% dividend increase to $2.00 per share. Updated 2026 guidance calls for total revenue up ~13% versus 2025 and net interest income up 15%–15.5%, with average loans up ~12.5%.
The PNC Financial Services Group reported second quarter 2026 net income of $2.1 billion, or $4.81 diluted EPS and $4.85 adjusted EPS, on record revenue of $6.88 billion, up 12% from the prior quarter and 21% from a year earlier. Net interest income was $4.11 billion with a net interest margin of 2.96%, while fee income rose 10% sequentially to $2.28 billion, driven by strong capital markets activity. Pretax, pre-provision earnings grew 16% quarter-over-quarter and return on average tangible common equity reached 17.9%.
Average loans increased to $363.2 billion, up 4% from the prior quarter, and average deposits were stable at $457.0 billion. Credit metrics remained solid with net charge-offs of $226 million, or 0.25% of average loans, and an allowance for credit losses equal to 1.48% of total loans. The common equity tier 1 capital ratio was 9.9%, and PNC returned $1.3 billion to shareholders, including $0.6 billion of share repurchases. The quarterly common dividend was increased 18% to $2.00 per share. Second quarter results also reflected FirstBank integration costs and several Visa- and securities-related items that together reduced net income by $15 million, or $0.04 per share.
Khator Renu reported acquisition or exercise transactions in this Form 4 filing.
PNC Financial Services Group director Renu Khator reported compensation-related equity awards. She received 204 phantom stock units on July 1, 2026 at $251.62 per unit under the PNC Deferred Compensation Plan. Each phantom unit is economically equivalent to one share of PNC common stock and will be settled in cash upon distribution.
Following this grant, she holds 3,627 phantom stock units indirectly through the Deferred Compensation Plan, including units accrued as dividend equivalents. Separately, she holds 4,719 deferred stock units directly under the PNC Directors Deferred Stock Unit Program, each representing the right to receive one share of PNC common stock (or, in limited circumstances, cash) at retirement, including additional units received as dividend equivalents.
Salesky Bryan Scott reported acquisition or exercise transactions in this Form 4 filing.
PNC Financial Services Group director Bryan Scott Salesky reported routine equity-based compensation awards. He received 184 phantom stock units on 2026-07-01, each economically equivalent to one share of PNC common stock and settled in cash under the Deferred Compensation Plan.
Following this grant, he held 2,372 phantom stock units indirectly in the plan. Separately, he directly held deferred stock units representing 5,736 underlying shares of PNC common stock, which are scheduled to be delivered at retirement under the directors’ deferred stock unit program.
Dachille Douglas A. reported acquisition or exercise transactions in this Form 4 filing.
PNC Financial Services Group director Douglas A. Dachille reported compensation-related equity units, not open-market trades. He received a grant of 51 phantom stock units tied to PNC common stock at a reference value of $251.62 per unit under a deferred compensation plan.
Following this award, he holds 274 phantom stock units indirectly in the Deferred Compensation Plan, which will be settled in cash, and 2,089 deferred stock units directly under the Directors Deferred Stock Unit Program. Each deferred stock unit represents the right to receive one share of PNC common stock (or, in limited cases, cash) at retirement.
HARSHMAN RICHARD J reported acquisition or exercise transactions in this Form 4 filing.
PNC Financial Services Group director Richard J. Harshman reported routine compensation-related equity units. He received a grant of 91 phantom stock units on common stock at a reference price of $251.62 per unit under a Deferred Compensation Plan, bringing his indirect phantom stock balance to 2,288 units. Each phantom unit is economically equivalent to one PNC common share but will be settled in cash at distribution.
Harshman also holds 9,755 deferred stock units directly, each representing the right to receive one share of PNC common stock at retirement or, in limited circumstances, cash equal to the share’s fair market value, under the Directors Deferred Stock Unit Program. The filing notes both phantom and deferred stock units include additional units credited as dividend equivalents since his prior Form 4.
NIBLOCK ROBERT A reported acquisition or exercise transactions in this Form 4 filing.
PNC Financial Services Group director Robert A. Niblock received a compensation-related award of phantom stock units and updated his deferred stock unit holdings.
On July 1, 2026, he was granted 102 phantom stock units under the PNC Deferred Compensation Plan at an economic value tied to PNC common stock, bringing his indirect phantom stock holdings to 2,011 units. A separate entry reflects 5,736 deferred stock units, each representing the right to receive one share of PNC common stock at retirement under the directors’ Deferred Stock Unit Program. These instruments are primarily retirement and deferred compensation, not open-market stock purchases or sales.
CAFARO DEBRA A reported acquisition or exercise transactions in this Form 4 filing.
PNC Financial Services Group director Debra A. Cafaro received a compensation-related award of 303 phantom stock units on PNC common stock at $251.62 per unit. These units are held in a Deferred Compensation Plan, are economically equivalent to PNC shares, and will be settled in cash at distribution. Separately, she holds deferred stock units that entitle her to receive 11,056 PNC common shares at retirement, plus 9,640 phantom stock units after this grant. The filing shows no open-market purchases or sales.