PNC Q1 2025 net income $1.5 billion, $3.51 diluted EPS, down from $3.77 in Q4
PNC reported first quarter 2025 net income of $1.5 billion, or $3.51 per diluted share, compared with $3.77 in the fourth quarter of 2024 and $3.10 a year earlier. Total revenue of $5.5 billion fell 2% from the prior quarter, which the company attributed to two fewer days, seasonality and slower capital markets activity, but rose 6% from a year earlier. The board declared a quarterly dividend of $1.60 per share, payable May 5, 2025.
Key points
- Net income was $1,499 million, down from $1,627 million in Q4 2024 and up from $1,344 million in Q1 2024.
- Total revenue was $5,452 million, down $115 million from Q4 2024 and up $307 million from Q1 2024.
- Net interest margin rose 3 basis points to 2.78% from Q4 2024; the CET1 capital ratio was 10.6%.
- PNC repurchased approximately $200 million of common shares and declared a $1.60 per share dividend on April 3, 2025.
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 April 15, 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.