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Earnings Data
Report Date
Jul 15, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
4.42Last Year’s EPS
3.85Same Quarter Last Year
Moderate Buy
Based on 14 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized strong balance sheet growth (including the FirstBank acquisition), robust loan growth and NII expansion, double-digit fee income growth year-over-year, solid credit metrics and active capital returns, supported by a favorable initial assessment of proposed Basel III changes. Offsetting items included short-term declines in noninterest income (notably mortgage MSR volatility), integration costs and modest increases in delinquencies and charge-offs. Management maintained constructive guidance for 2026 and reiterated confidence in the low-risk profile of NDFI-related exposures.Company Guidance
Completed FirstBank Acquisition and Balance Sheet Expansion
Closed acquisition of FirstBank in Q1 2026, adding approximately $15 billion in loans and $22 billion in deposits; average loans rose to $351 billion, up $23 billion (7%) linked quarter and $34 billion (11%) year-over-year; spot loans were up 9% from year-end (including the acquisition and $14 billion legacy growth).
Strong Loan Growth and Net Interest Income
Organic loan growth reached a three-year high with legacy C&I up $15 billion; net interest income was $4.0 billion, up $230 million (6%) linked quarter; net interest margin expanded to 2.95%, up 11 basis points linked quarter, and management expects NII up ~14.5% for full-year 2026.
Double-Digit Fee Income Growth Year-over-Year
Fee income increased $240 million, or 13% year-over-year, driven by broad-based strength across businesses (asset management & brokerage, card & cash management, capital markets underwriting/trading offsets).
Solid Profitability and EPS
Reported net income of $1.8 billion and earnings per common share of $4.13 for Q1 2026 ($4.32 adjusted for integration costs).
Capital Return and Capital Position
Returned $1.4 billion to shareholders in Q1 (approximately $700 million dividends and $700 million share repurchases); tangible book value $109.42 per share (down 3% linked quarter due to acquisition but up 9% year-over-year); estimated CET1 of 10.1% and continued share repurchases targeted at $600–$700 million per quarter.
Basel III Proposal Expected to Be Beneficial
Initial assessment of the Basel III proposal indicates roughly a 10% reduction in risk-weighted assets (~$45–50 billion), which management expects to be net positive for CET1 and provide additional capital flexibility.
Maintained Strong Credit Metrics and Allowance Coverage
Nonperforming loans represented 0.62% of total loans (down from 0.67% prior quarter); accruing loans past due 0.43% (down from 0.44%); total net loan charge-offs were $253 million (including $45 million of purchase-accounting related to the acquisition), and excluding acquired charge-offs NCO ratio was 24 basis points; allowance for credit losses totaled $5.5 billion (1.52% of total loans).
Forward Guidance and 2026 Outlook
Provided 2Q 2026 guidance: average loans up 2–3%, NII up ~3%, fee income up 2.5%, other noninterest income $150–200 million, total revenue up ~3.5%, and Q2 net charge-offs ~ $225 million. Full-year 2026 expectations: average loan growth ~11%, total revenue up ~11%, NII up ~14.5%, noninterest income up ~6%, and noninterest expense (ex-integration) up ~7%.
PNC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
PNC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 15, 2026 | $221.20 | $222.06 | +0.39% |
Jan 16, 2026 | $211.78 | $219.79 | +3.79% |
Oct 15, 2025 | $186.85 | $179.57 | -3.90% |
Jul 17, 2025 | $189.25 | $191.26 | +1.06% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does PNC Financial Services (PNC) report earnings?
PNC Financial Services (PNC) is schdueled to report earning on Jul 15, 2026, Before Open (Confirmed).
What is PNC Financial Services (PNC) earnings time?
PNC Financial Services (PNC) earnings time is at Jul 15, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PNC EPS forecast?
PNC EPS forecast for the fiscal quarter 2026 (Q2) is 4.42.
