PNC Reports First Quarter 2026 Net Income of $1.8 Billion, $4.13 Diluted EPS or $4.32 as Adjusted

NII increased 6%, NIM of 2.95%; grew average loans 7%; ~$700 million of share repurchases PITTSBURGH, April 15, 2026 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported: For the quarter In millions, except per share data and as noted 1Q26 4Q25 1Q25 First Quarter Highlights Financial Results Comparisons reflect 1Q26 vs. 4Q25 Net interest income (NII) $ 3,961 $ 3,731 $ 3,476 Income Statement First quarter results include FirstBank operations since acquisition close on Jan. 5th 2026 Adjusted EPS was $4.32, excluding FirstBank integration costs of $98 million, pre-tax Revenue increased 2% NII increased 6%; NIM of 2.95% increased 11 bps Fee income decreased 2% Other noninterest income of $125 million Noninterest expense increased 5% primarily due to FirstBank operating and integration expenses.
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