E William Parsley III
Mr. Parsley will cease to serve as Chief Operating Officer of the Corporation effective July 1, 2025 (the "Transition Date").
Highest-materiality recent filing
PNC closes $1.65B senior notes offering; $1.35B at 4.618%, $300M floating rate
$1.35B aggregate principal of 4.618% Fixed Rate/Floating Rate Senior Notes due Oct 26, 2029.
PNC shareholders approve 2026 Omnibus Equity Incentive Plan authorizing 28M new shares
Shareholders approved 2026 Omnibus Equity Incentive Plan (96.64% for), authorizing 28 million new shares plus carryover from prior plan.
PNC Q1 net income $1.8B ($4.13 EPS); adj EPS $4.32; NII +6% QoQ on FirstBank deal
Net income $1.772B, diluted EPS $4.13 (adjusted $4.32) vs $1.499B/$3.51 in 1Q25.
PNC holds Q1 2026 earnings call; slides lack specific financial results in filing text
Filing reports PNC held an investor conference call on April 15, 2026 for Q1 2026 earnings.
PNC completes $3.0B debt offering in three tranches: sub notes and senior notes
Issued $1.5B of 5.423% Fixed-Rate Reset Subordinated Notes due 2041.
PNC Q4 net income $2.0B, EPS $4.88; full-year record revenue $23.1B, EPS $16.59
Q4 net income $2.0B, diluted EPS $4.88; full-year net income $7.0B, diluted EPS $16.59 vs $13.74 prior year.
PNC Holds Q4 & Full Year 2025 Earnings Conference Call
On January 16, 2026, PNC held a conference call to discuss Q4 and full year 2025 earnings results.
PNC completes acquisition of FirstBank; issues Series X preferred, declares $18.13 dividend
PNC completed acquisition of FirstBank Holding Co. on Jan 5, 2026, after receiving all regulatory approvals.
PNC receives regulatory approvals for FirstBank acquisition; close expected Jan 5, 2026
Regulatory approvals received from Federal Reserve, OCC, and Colorado Division of Banking.
CFO Robert Q. Reilly and Head of Retail Banking Alexander E. C. Overstrom presented on business performance and strategy on November 7, 2025.
PNC Q3 net income $1.8B, EPS $4.35; announces FirstBank acquisition for $4.1B
Net income $1.8B, diluted EPS $4.35 vs $3.85 in Q2 2025 and $3.49 in Q3 2024.
Q3 2025 earnings call held; no financial details extractable from filing excerpt
PNC held its Q3 2025 earnings conference call on October 15, 2025.
PNC to acquire FirstBank for $4.1B; adds 95 branches in Colorado and Arizona
Deal valued at $4.1B: ~13.9M PNC shares + $1.2B cash; FirstBank has $26.8B assets.
PNC completes $1.5B issuance of 5.373% senior notes due 2036
Issued $1.5B aggregate principal of 5.373% Fixed/Floating Rate Senior Notes due July 21, 2036.
PNC Q2 2025 net income $1.6B, EPS $3.85; dividend raised to $1.70
Net income $1.64B, diluted EPS $3.85 vs $3.39 YoY; revenue $5.66B (+4% YoY).
PNC held an investor conference call on July 16, 2025, to discuss Q2 2025 earnings and business results.
PNC closes $1.25B senior note offering at 4.899% due 2031
Issued $1.25B aggregate principal of 4.899% Fixed/Floating Rate Senior Notes due May 13, 2031.
Effective July 1, 2025, COO E William Parsley III transitions to Executive Advisor through Dec 31, 2025; then eligible for severance plan.
PNC Q1 net income $1.5B, EPS $3.51; NIM expands to 2.78%, TBV up 5% QoQ
Net income $1.5B, diluted EPS $3.51 vs $3.10 in Q1 2024; revenue $5.45B.
PNC provides Q1 2025 earnings slides via 8-K; no specific figures in filing text
Q1 2025 earnings conference call held on April 15, 2025; slides furnished as Exhibit 99.1.
PNC Appoints Mark Wiedman as President; Former BlackRock Exec
Wiedman, previously BlackRock head of global client business, appointed President of PNC and PNC Bank effective April 7, 2025.
PNC adopts Executive Severance Plan for NEOs and selected executives
Plan provides 52 weeks base salary continuation and prorated target annual incentive for involuntary termination without Cause or resignation for Good Reason.
PNC amends equity awards to continue vesting upon qualifying termination without cause
On Feb 14, 2025, the HR Committee approved changes to RSU and PSU awards for Section 16 officers.
PNC appoints Douglas Dachille to Board of Directors effective February 3, 2025
Board expanded to 13 members; Dachille appointed effective Feb 3, 2025.
PNC issues $2.75B in senior notes across two tranches at 5.222% and 5.575%
Issued $1.0B of 5.222% Fixed/Floating Rate Senior Notes due Jan 29, 2031.
PNC President Michael P. Lyons resigns to become President & CEO-Elect at Fiserv
Michael P. Lyons resigned as President of PNC effective January 23, 2025.
PNC reports FY2024 net income $6.0B, diluted EPS $13.74, up 7.4% YoY
Full year net income $5,953M ($13.74 diluted EPS) vs $5,647M ($12.79) in 2023.
PNC holds Q4 2024 earnings conference call; slides provided without detailed figures in filing
Conference call held January 16, 2025 for Q4 and full year 2024 earnings.
PNC presents at BA Conference; no material new information disclosed
President Michael P. Lyons and CFO Robert Q. Reilly discussed business performance and strategy at the BancAnalysts Association of Boston Conference on Nov 8, 2024.
PNC redeems $500M of Series R Preferred Depositary Shares on Dec 2, 2024
Redeems all 500,000 outstanding Depositary Shares ($500M principal) of Series R Fixed-to-Floating Non-Cumulative Perpetual Preferred Stock.
PNC closes $1.5B offering of 4.812% senior notes due 2032
Completed public sale of $1,500,000,000 aggregate principal of 4.812% Fixed/Floating Rate Senior Notes due October 21, 2032.
PNC Q3 net income $1.5B, EPS $3.49; NII up 3% QoQ, fee income up 10%
Net income $1.5B vs Q2 $1.477B; diluted EPS $3.49 vs Q2 $3.39.
PNC Q3 2024 earnings call held; presentation slides filed without detailed financial data
PNC held its Q3 2024 earnings conference call on Oct 15, 2024.
PNC completes $2.5B senior notes offering in two tranches
$1.0B 5.102% Fixed/Floating Rate Senior Notes due July 23, 2027 issued.
PNC Q2 net income $1.5B, EPS $3.39; raises dividend to $1.60/share
Net income $1.5B, diluted EPS $3.39; generated positive operating leverage with PPNR up 13% QoQ.
PNC Q2 2024 earnings; presentation slides filed but key figures not in provided excerpt
PNC reported Q2 2024 earnings on July 16, 2024 via conference call.
PNC raises President Michael Lyons' 2024 target compensation to $10.5M
Target total compensation increased from $9M to $10.5M, effective Feb 16, 2024.
PNC issues $1.75B of 5.492% senior notes due 2030
$1.75B aggregate principal of 5.492% Fixed Rate/Floating Rate Senior Notes due May 14, 2030.
PNC Shareholders Elect 12 Directors, Approve Compensation and 2025 Stock Plan at Annual Meeting
Shareholders elected all 12 director nominees, including William S. Demchak with 95.52% for votes.
PNC Q1 net income $1.3B, EPS $3.10 ($3.36 adj.); CEO plans to sell 64,500 shares for diversification
Net income $1.344B ($3.10 diluted EPS); adjusted EPS $3.36 excluding $130M FDIC special assessment.
PNC held its Q1 2024 earnings conference call on April 16, 2024.
Mr. Parsley will cease to serve as Chief Operating Officer of the Corporation effective July 1, 2025 (the "Transition Date").
the Board of Directors of the Corporation (the “Board”) appointed Mark Wiedman as President of the Corporation
appointed Douglas Dachille to serve on the Board effective February 3, 2025.
On January 23, 2025, The PNC Financial Services Group, Inc. (“PNC”) issued a press release announcing that Michael P. Lyons, President of PNC, resigned from PNC effective January 23, 2025, to pursue a position at another company.
Max materiality 0.85 · Median 0.50 · Most common event earnings