Published
## Filings that contain financial statements - **8-K, accession 0001628280-26-048244 (filed July 15, 2026, Exhibit 99.1/99.2)** — second-quarter 2026 results: net income of $2.1 billion ($4.81 diluted EPS, $4.85 as adjusted), a full consolidated income statement summary and financial supplement for the quarter ended June 30, 2026. - **8-K, accession 0000713676-26-000026 (filed April 15, 2026, Exhibit 99.1/99.2)** — first-quarter 2026 results: net income of $1.8 billion ($4.13 diluted EPS, $4.32 as adjusted), income statement and financial supplement for the quarter ended March 31, 2026, including FirstBank Holding Company operations since the January 5, 2026 acquisition close. - **8-K, accession 0000713676-26-000006 (filed January 16, 2026, Exhibit 99.1/99.2)** — fourth-quarter and full-year 2025 results: full-year net income of $7.0 billion ($16.59 diluted EPS) and fourth-quarter net income of $2.0 billion ($4.88 diluted EPS), income statement and financial supplement for the periods ended December 31, 2025. ## Earnings - **July 15, 2026 (Q2 2026, accession 0001628280-26-048244).** PNC reported second-quarter net income of $2.1 billion, or $4.81 diluted EPS ($4.85 as adjusted, excluding FirstBank integration costs and other significant items). Total revenue of $6.9 billion rose 12% from the first quarter on record net interest income ($4.1 billion, up 4%) and record fee income ($2.3 billion, up 10%). Net interest margin was 2.96%. Average loans grew 4% to $363.2 billion. The company returned $1.3 billion to shareholders, including $0.6 billion of share repurchases. The CET1 capital ratio was an estimated 9.9%. - **April 15, 2026 (Q1 2026, accession 0000713676-26-000026).** PNC reported first-quarter net income of $1.8 billion, or $4.13 diluted EPS ($4.32 as adjusted, excluding $98 million of pre-tax FirstBank integration costs). Revenue of $6.2 billion rose 2% from the fourth quarter, net interest margin expanded 11 basis points to 2.95%, and average loans grew 7% (including loans acquired from FirstBank). The company returned $1.4 billion to shareholders, including $0.7 billion of share repurchases. - **January 16, 2026 (Q4 and full-year 2025, accession 0000713676-26-000006).** PNC reported full-year 2025 net income of $7.0 billion, or $16.59 diluted EPS, on record revenue of $23.1 billion. Fourth-quarter net income was $2.0 billion, or $4.88 diluted EPS, on revenue of $6.1 billion (up 3% sequentially), with net interest margin of 2.84%. - Each earnings release was accompanied by a same- or near-day 8-K furnishing investor conference-call presentation slides under Item 7.01 (accessions 0001628280-26-048308 for July 2026, 0000713676-26-000029 for April 2026, and 0000713676-26-000008 for January 2026). ## FirstBank Holding Company acquisition - **December 12, 2025 (accession 0000713676-25-000137).** PNC announced it had received the regulatory approvals — from the Federal Reserve, the Office of the Comptroller of the Currency, and the Colorado Division of Banking — needed to complete its previously announced acquisition of FirstBank Holding Company and its banking subsidiary, FirstBank, and said the deal was expected to close January 5, 2026. - **January 5, 2026 (accession 0000713676-26-000003).** PNC completed the acquisition of FirstBank Holding Company. Merger Sub merged into FirstBank, and FirstBank then merged into PNC, with PNC as the surviving entity. At closing, PNC issued 115,200 shares of a new 7.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series X, to former holders of FirstBank's Series B preferred stock. As of close, FirstBank had approximately $26 billion of assets, $16 billion of loans and $23 billion of deposits (disclosed in the fourth-quarter and full-year 2025 earnings release, accession 0000713676-26-000006). - **June 22, 2026 (accession 0001628280-26-044499).** PNC announced completion of the conversion of FirstBank's customers and branches onto PNC Bank's systems. FirstBank merged with and into PNC Bank, National Association, effective June 18, 2026 at 11:59 p.m. ET, with PNC Bank as the surviving entity. PNC converted approximately 780,000 customers, more than 1,620 employees and 95 branches across Colorado and Arizona. PNC expects approximately $325 million of total non-recurring merger and integration costs related to the acquisition, of which $98 million was incurred in the first quarter of 2026 (disclosed in the Q1 2026 earnings release, accession 0000713676-26-000026) and $127 million in the second quarter of 2026 (disclosed in the Q2 2026 earnings release, accession 0001628280-26-048244), for $225 million recognized in the first half of 2026 (disclosed in the Form 10-Q for the quarter ended June 30, 2026, accession 0001628280-26-053170). ## Capital actions - **Dividend increase.** On July 6, 2026, PNC's board raised the quarterly common stock dividend by 30 cents, or 18%, to $2.00 per share, payable August 5, 2026 to shareholders of record as of July 20, 2026 (disclosed in the Q2 2026 earnings release, accession 0001628280-26-048244). - **Senior notes offering, July 2026 (accession 0001628280-26-048994).** On July 21, 2026, PNC completed a public offering of $1.0 billion of 5.463% Fixed Rate/Floating Rate Senior Notes due 2037 and $1.0 billion of 4.831% Fixed Rate/Floating Rate Senior Notes due 2030. - **Senior notes offering, May 2026 (accession 0000713676-26-000042).** On May 26, 2026, PNC completed a public offering of $1.35 billion of 4.618% Fixed Rate/Floating Rate Senior Notes due 2029 and $300 million of Senior Floating Rate Notes due 2029. - **Subordinated and senior notes offering, January 2026 (accession 0000713676-26-000014).** On January 26, 2026, PNC completed a public offering of $1.5 billion of 5.423% Fixed-Rate Reset Subordinated Notes due 2041, $1.2 billion of 4.075% Fixed Rate/Floating Rate Senior Notes due 2029, and $300 million of Senior Floating Rate Notes due 2029. ## Governance - **April 22, 2026 annual meeting (accession 0000713676-26-000031).** Shareholders elected all 13 director nominees, ratified PricewaterhouseCoopers LLP as independent auditor for 2026, approved executive compensation on an advisory basis, and approved the 2026 Omnibus Equity Incentive Plan, which authorizes 28,000,000 shares plus any shares remaining under the predecessor 2016 plan. ## Other investor disclosures - PNC executives presented at the BancAnalysts Association of Boston Conference on November 7, 2025 (accession 0000713676-25-000136) and held an investor conference call for third-quarter 2025 earnings on October 15, 2025 (accession 0000713676-25-000128); neither filing carried new financial statements beyond what PNC had already reported.