AI brief of an SEC Form 8-K · PNC Financial Services (PNC)

PNC Q1 2026 net income $1.8 billion, diluted EPS $4.13 or $4.32 adjusted

Mixed Impact 3 of 5 earnings Written later

PNC reported first quarter 2026 net income of $1.8 billion, or $4.13 per diluted share, and $4.32 per share excluding $98 million of pre-tax FirstBank integration costs. Revenue rose 13% from a year earlier to $6.2 billion, but net income and EPS fell from the fourth quarter of 2025, when EPS was $4.88, and the year-earlier EPS was $3.51.

Key points

  • Revenue of $6,165 million rose 13% from the first quarter of 2025 and 2% from the fourth quarter of 2025, led by net interest income of $3,961 million.
  • Diluted EPS was $4.13 versus $4.88 in the fourth quarter of 2025 and $3.51 in the first quarter of 2025; adjusted EPS was $4.32.
  • PNC completed its FirstBank acquisition on January 5, 2026, and expects total integration costs of $325 million.
  • The board declared a quarterly dividend of $1.70 per share payable May 5, 2026, and expects second-quarter 2026 share repurchases of $600 million to $700 million.

The filing

CompanyPNC Financial Services (PNC)
Form8-K, current report
Filed with the SECApr 15, 2026, 6:39 AM ET
Accession number0000713676-26-000026

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

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 April 15, 2026.

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.