Highest-materiality recent filing
PNC Q2 2026 net income $2.1B, EPS $4.81; record revenue; dividend raised 18% to $2.00
Net income $2.055B, diluted EPS $4.81, adjusted EPS $4.85; record revenue $6.875B.
PNC completes FirstBank conversion: 780k customers, 95 branches now PNC Bank
Conversion of 780,000 customers, 1,620+ employees, and 95 branches in Colorado and Arizona completed.
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 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.
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.
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 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 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.
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 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 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 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 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 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 estimates $130M additional FDIC special assessment expense, total ~$645M pre-tax
FDIC revised DIF loss estimate from $16.3B to $20.4B, increasing assessments on large banks.
PNC appoints Michael P. Lyons as President, effective immediately
Michael P. Lyons appointed President of PNC and PNC Bank, effective Feb. 16, 2024.
PNC reports 2023 net income $5.6B ($12.79 EPS); Q4 adjusted EPS $3.16
FY2023 net income $5.6B ($12.79 diluted EPS); adjusted EPS $14.10 vs $13.85 in 2022.
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.
On February 20, 2024, The PNC Financial Services Group, Inc. (the “Corporation”) announced that on February 16, 2024 the Corporation’s Board of Directors unanimously appointed Michael P. Lyons to serve as President of the Corporation, effective immediately.
On May 15, 2023, Toni Townes-Whitley provided The PNC Financial Services Group, Inc. (“PNC”) with notice of her resignation from the Board of Directors of PNC, effective June 30, 2023, in light of her recent appointment as chief executive officer of Science Applications International Corp.
Michael J. Ward did not stand for re-election to the Board of Directors (the "Board") of The PNC Financial Services Group, Inc. ("PNC") at the annual meeting of shareholders of PNC held on April 26, 2023, as he had reached the mandatory retirement age set forth in PNC's corporate governance guidelines.
Alex Overstrom, PNC’s current Head of Small Business and Deputy Head of Retail Banking, will assume the role of Head of Retail Banking effective July 1, 2022.
On May 26, 2022, The PNC Financial Services Group, Inc. (“PNC”) announced that Karen Larrimer, Head of Retail Banking and Chief Customer Officer, has elected to retire effective December 31, 2022.
On May 10, 2022, the Board of Directors (the “Board”) of The PNC Financial Services Group, Inc. (“PNC”) increased the number of directors to 14 and appointed Renu Khator, Ph.D., Chancellor of the University of Houston System and President of University of Houston, to serve on the Board effective immediately.
Charles E. Bunch did not stand for re-election to the Board of Directors (the “Board”) of The PNC Financial Services Group, Inc. (“PNC”) at the annual meeting of shareholders held on April 27, 2022, as he had reached the mandatory retirement age set forth in PNC’s corporate governance guidelines.
On January 5, 2022, the Board of Directors (the “Board”) of The PNC Financial Services Group, Inc. (“PNC”) appointed Robert A. Niblock, retired chairman, president and chief executive officer of Lowe’s Companies, Inc., to serve on the Board effective immediately.
Max materiality 0.85 · Median 0.50 · Most common event earnings