earnings
confidence high
sentiment positive
materiality 0.75
PNC Q1 net income $1.5B, EPS $3.51; NIM expands to 2.78%, TBV up 5% QoQ
PNC FINANCIAL SERVICES GROUP, INC.
2025-Q1 EPS reported
$3.51
revenue$5,452,000,000
- Net income $1.5B, diluted EPS $3.51 vs $3.10 in Q1 2024; revenue $5.45B.
- Net interest margin expanded 3 bps to 2.78% QoQ; net interest income $3.48B.
- Tangible book value per share $100.40 (+5% QoQ); CET1 ratio 10.6%.
- Repurchased ~$200M common shares; average deposits $420.6B, loans $316.6B.
- Net charge-offs $205M (0.26% annualized); allowance for credit losses 1.64% of loans.