8-KItem 7.01 · Reg FD DisclosureItem 9.01 · Financial Statements
PNC reports 15% revenue growth and raises 2026 outlook
Filed with the SEC on · Summarized by InvestorsBot
PNC reported third-quarter 2026 net income of $2.1 billion, or $4.97 diluted EPS, on revenue of $6.56 billion, with net income and revenue up 15% and 11% year over year, respectively. Average loans rose 14% year over year to $372.2 billion, while PNC returned $1.4 billion to shareholders through $800 million of common dividends and $600 million of share repurchases. PNC raised its full-year 2026 guidance for average loan growth to about 13.5%, net interest income growth to about 15.5%, and total revenue growth to about 13.7%; it expects fourth-quarter net interest margin of at least 3.0%.