PNC FY26 Q2 net income rises 16% to $2.1 billion; revenue climbs 12% to $6.88 billion

PNC Financial Services Group, Inc.

PNC

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PNC posts 2Q26 net income of USD 2.06 billion, rising 16% from 1Q26; diluted EPS climbs to USD 4.81.
Revenue rises 12% to USD 6.88 billion from 1Q26, driven by net interest income up 4% to USD 4.11 billion.
Fee income increases 10% to USD 2.28 billion; net interest margin widens 0.01 percentage point to 2.96%.
Noninterest expense increases 9% to USD 4.1 billion; provision for credit losses falls 9% to USD 191 million.
Quarterly common dividend raised 18% to USD 2.00 per share; FirstBank conversion completed June 22, CEO cites disciplined execution.

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