---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-001669"
form_type: "8-K"
ticker: "PNC"
cik: "0000713676"
company_name: "PNC FINANCIAL SERVICES GROUP, INC."
filed_at: "2025-01-16T23:59:59+00:00"
generated_at: "2026-05-28T00:35:00.147187+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PNC reports FY2024 net income $6.0B, diluted EPS $13.74, up 7.4% YoY

## Summary
- Full year net income $5,953M ($13.74 diluted EPS) vs $5,647M ($12.79) in 2023.
- Q4 net income $1,627M ($3.77 diluted EPS), up 8% from $1,505M ($3.49) in Q3 2024.
- Q4 net interest margin expanded 11 bps to 2.75%; average deposits up $3.1B vs Q3.
- CET1 capital ratio 10.5% at year-end; $0.2B of common shares repurchased in Q4.
- Full year net charge-offs $1,041M (0.33% of avg loans) vs $710M (0.22%) in 2023.

## SEC filing metadata
- accession: 0001628280-25-001669
- form_type: 8-K
- ticker: PNC
- cik: 0000713676
- company_name: PNC FINANCIAL SERVICES GROUP, INC.
- filed_at: 2025-01-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/713676/000162828025001669/0001628280-25-001669-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/713676/000162828025001669/pnc-20250116.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-001669
- JSON: https://secwatch.observer/filing/0001628280-25-001669.json
- Plain text: https://secwatch.observer/filing/0001628280-25-001669.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.