PNC cites $11.1 billion retail banking revenue for nine months in Boston talk
PNC's CFO and head of retail banking discussed business performance and strategy at the BancAnalysts Association of Boston Conference on November 7, 2025, and furnished the slides as Exhibit 99.1. The slides show retail banking revenue and pretax, pre-provision earnings for the nine months ended September 30, 2025, but the filing does not report new consolidated quarterly results, net income, EPS or guidance.
Key points
- Retail Banking revenue was $11.1 billion for the nine months ended September 30, 2025, versus $7.4 billion for the same period of 2022.
- Retail Banking noninterest expense was $5.7 billion in both periods, and non-GAAP pretax, pre-provision earnings rose to $5.4 billion from $1.8 billion.
- The slides cite about 60 branch builds a year through 2030 and an anticipated FirstBank acquisition.
- The filing contains no new consolidated earnings or guidance figures.
The filing
Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 07, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.