---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-017763"
form_type: "8-K"
ticker: "PNC"
cik: "0000713676"
company_name: "PNC FINANCIAL SERVICES GROUP, INC."
filed_at: "2025-04-15T23:59:59+00:00"
generated_at: "2026-05-23T15:12:33.575347+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PNC Q1 net income $1.5B, EPS $3.51; NIM expands to 2.78%, TBV up 5% QoQ

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-25-017763
- form_type: 8-K
- ticker: PNC
- cik: 0000713676
- company_name: PNC FINANCIAL SERVICES GROUP, INC.
- filed_at: 2025-04-15T23:59:59+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/713676/000162828025017763/0001628280-25-017763-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/713676/000162828025017763/pnc-20250415.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-017763
- JSON: https://secwatch.observer/filing/0001628280-25-017763.json
- Plain text: https://secwatch.observer/filing/0001628280-25-017763.txt

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