PNC Financial Services Group (PNC)

The company now

PNC Financial Services Group reported third-quarter 2026 net income of $2.1 billion, or $4.97 per diluted share, on 15 October 2026 1. Revenue was $6,562 million, up from $5,915 million a year earlier 1. Retail Banking earnings fell to $1,425 million from $1,747 million, because the second quarter held a $448 million Visa gain 1.

Lending drove the quarter, as average loans rose $9.0 billion, or 2 percent, from the second quarter, helped by new production and customers drawing more on existing credit lines 1. Net interest income, the gap between what the bank earns on loans and pays on deposits, was $4.2 billion, up 2 percent 1.

The company gave guidance on the same day 2. It expects fourth-quarter net interest income up about 4 percent and adjusted expenses up about 5 percent from the third quarter 2. For the full year it expects total revenue up about 13.7 percent from last year's $23,099 million 2.

PNC acquired FirstBank, a Colorado bank, on 5 January 2026 and merged it into PNC Bank in June 4. The release said fourth-quarter share repurchases should approximate the third quarter's $0.6 billion 1.

As of Oct 30, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.