Every 424B that PNC Financial Services Group (PNC) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow PNC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PNC filings page.
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. is offering $1,650,000,000 of Senior Notes. The offering consists of $1,350,000,000 of 4.618% Fixed Rate/Floating Rate Senior Notes due October 26, 2029 and $300,000,000 of Senior Floating Rate Notes due October 26, 2029.
The Senior Fixed/Floating Notes pay 4.618% until October 26, 2028, then Compounded SOFR+0.681%. The Senior Floating Notes pay Compounded SOFR+0.680% from issuance. Net proceeds are estimated to be approximately $1,645,125,000 for general corporate purposes.
PNC is offering two series of senior unsecured notes due October 2029: a fixed-to-floating series and a floating-rate series. The notes will be issued in May 2026, pay interest tied to Compounded SOFR (with stated spreads) and will be pari passu with PNC's other senior unsecured debt.
The prospectus supplement is preliminary and subject to completion; aggregate principal amounts, fixed rates and spreads are shown as placeholders in this excerpt. Net proceeds are expected to be used for general corporate purposes, including advances to subsidiaries, debt repayment and potential share repurchases.
The PNC Financial Services Group, Inc. is offering $1.5 billion of senior unsecured notes due January 26, 2029. The issue includes $1.2 billion of 4.075% fixed‑rate/floating‑rate notes that pay semiannual fixed interest to January 26, 2028, then switch to a floating rate of Compounded SOFR plus 0.610% with quarterly payments, and $300 million of floating‑rate notes that pay Compounded SOFR plus 0.620% quarterly from issuance.
PNC may redeem either series at par on January 26, 2028 or, in whole or in part, during the 30‑day period before maturity, paying accrued interest in addition to principal. Estimated net proceeds of about $1.4956 billion are earmarked for general corporate purposes, including funding subsidiaries, repaying debt, and potentially repurchasing PNC common and preferred stock.
PNC highlights solid recent performance, with 2025 net income of $7.0 billion versus $6.0 billion in 2024, and, as of December 31, 2025, assets of $573.6 billion, deposits of $440.9 billion, and total shareholders’ equity of $60.6 billion.
The PNC Financial Services Group, Inc. is offering $1,500,000,000 of 5.423% fixed-rate reset subordinated notes due January 25, 2041. The notes pay 5.423% interest semi-annually through January 25, 2036, then reset every five years to the five-year U.S. Treasury rate plus 1.170% until maturity. PNC may redeem them at par on January 25, 2036 or during the 90 days before maturity, in each case plus accrued interest and subject to Federal Reserve approval.
The notes are unsecured and subordinated to all senior indebtedness, including $32.7 billion of senior unsecured debt as of September 30, 2025, and are structurally subordinated to liabilities of subsidiaries. PNC expects net proceeds of approximately $1,491,050,000 for general corporate purposes, including investments in subsidiaries, debt repayment, and potential share or preferred stock repurchases.
Pnc also provides preliminary results, reporting net income of $2.0 billion for the fourth quarter of 2025 and $7.0 billion for full-year 2025, up from $1.6 billion and $6.0 billion, respectively, in 2024. For 2025, total revenue was $23,099 million and total assets were $573,572 million, with total deposits of $440,866 million and common shareholders’ equity of $54,828 million.
The PNC Financial Services Group, Inc. plans to issue two types of senior unsecured notes maturing in January 2029: fixed‑to‑floating rate senior notes and fully floating‑rate senior notes, both tied during their floating periods to Compounded SOFR plus a spread. The fixed/floating notes pay a fixed coupon until January 2028 and then switch to a SOFR-based floating rate, while the floating notes use a SOFR-based rate for their entire term.
Both series can be redeemed at par, plus accrued interest, in whole on a call date one year before maturity or in whole or in part during the 30 days before maturity. PNC intends to use net proceeds for general corporate purposes, including funding subsidiaries, repaying debt and potentially repurchasing common or preferred stock. The notes are not FDIC insured and rank equally with PNC’s other senior unsecured debt.
PNC also highlights strong recent performance, with unaudited net income of $2.0 billion in the fourth quarter of 2025 and $7.0 billion for full‑year 2025, up from $6.0 billion in 2024, on total 2025 revenue of $23.1 billion. At December 31, 2025, PNC reported assets of $573.6 billion, deposits of $440.9 billion and common shareholders’ equity of $54.8 billion.
The PNC Financial Services Group, Inc. is offering fixed-rate reset subordinated notes maturing in January 2041. The notes pay a fixed interest rate until January 2036, then reset every five years to the prevailing five-year U.S. Treasury rate plus a spread, with interest paid semi-annually. They are unsecured, subordinated to PNC’s senior debt, structurally subordinated to subsidiary obligations, and are intended to qualify as Tier 2 regulatory capital.
PNC may redeem the notes at par in January 2036 or during the 90 days before maturity, subject to Federal Reserve approval. The notes will not be listed on an exchange and are not FDIC insured. PNC expects to use the net proceeds for general corporate purposes, including funding subsidiaries, repaying debt, and repurchasing PNC common and preferred stock. For context, PNC reported net income of $2.0 billion for the fourth quarter of 2025 and $7.0 billion for 2025, up from $6.0 billion in 2024, and book value per common share of $140.44 as of December 31, 2025.