PNC Financial Services Group (PNC) Financials
Key financial figures for PNC Financial Services Group (Q3 2026).
PNC reported Q3 2026 net income of $2.1 billion and diluted EPS of $4.97 ($5.09 as adjusted), with net interest income up 2% sequentially to $4.206 billion and the efficiency ratio improving to 57%. Net income was $2,097 million and GAAP diluted EPS was $4.97, versus $4.81 in Q2 2026 and $4.35 in Q3 2025. Adjusted diluted EPS (non-GAAP, excludes integration costs and significant items) was $5.09 versus $4.85 in Q2 2026. Net interest income rose $99 million, or 2%, to $4,206 million on commercial loan growth and higher asset yields, partly offset by higher funding costs. Net interest margin (non-GAAP) was 2.94%, down 2 basis points from 2.96%. Average loans grew $9.0 billion, or 2%, to $372.2 billion; average deposits grew 1% to $461.2 billion. On the outlook: Per PNC's third quarter 2026 earnings slides (8-K), full year 2026 guidance versus the 2025 base was updated to: average loans up about 13.5% (previously about 12.5%), net interest income up about 15.5% (previously 15% to 15.5%), noninterest income up about 10.5% (previously about 9%), total revenue up about 13.7% (previously about 13%), noninterest expense up about 9.5% (previously about 8.5%), and an effective tax rate of about 19.5%. For the fourth quarter of 2026 versus Q3 2026, PNC guided average loans up about 2.5%, net interest income up about 4.0%, fee income (non-GAAP) up about 3.5%, other noninterest income of about $250 million, noninterest expense as adjusted (non-GAAP) up about 5.0%, and net charge-offs of about $250 million, and said it expects a net interest margin of 3.0% or above in the fourth quarter. The release also says fourth quarter share repurchases are expected to approximate third quarter levels. Figures are for Q3 2026, as The PNC Financial Services Group, Inc. reported them.
- Revenue
- $9.4B
- Net Income
- $2.1B
- EPS
- $4.98
- Total Assets
- $627.8B
- Operating Cash Flow
- $3.1B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $9.4B | $2.1B | $4.97 | $3.1B | |
| Q2 FY2026 | $9.0B | $2.0B | $4.81 | $2.1B | |
| Q1 FY2026 | $8.6B | $1.8B | $4.13 | $1.9B | |
| Q4 FY2025 | $8.7B | $2.0B | $4.88 | $757M | |
| Q3 FY2025 | $8.8B | $1.8B | $4.35 | 26.05% | $2.7B |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $34.0B | $6.9B | $16.59 | $4.4B | |
| FY2024 | $33.7B | $5.9B | $13.74 | 21.49% | $7.9B |
| FY2023 | $31.9B | $5.6B | $12.79 | 21.12% | $10.1B |
Frequently asked questions
What was The PNC Financial Services Group, Inc.'s revenue last quarter?
The PNC Financial Services Group, Inc. reported revenue of $9.36 billion for Q3 FY2026, up 6.6% from the same period a year earlier.
Is The PNC Financial Services Group, Inc. profitable?
Yes. The PNC Financial Services Group, Inc. reported net income of $2.08 billion for Q3 FY2026, a net margin of 22.23% on revenue.
How much free cash flow did The PNC Financial Services Group, Inc. generate?
The PNC Financial Services Group, Inc. generated free cash flow of $3.07 billion in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for PNC Financial Services Group on SentiSense, with up to forty quarters and twenty fiscal years of history.