PNC reports USD 2.1 billion profit and PNC stock trades at EUR 196.50

Published on 10/22/2026 at 11:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

PNC stock trades at EUR 196.50 on October 22, 2026. Adjusted diluted EPS was USD 5.09 in the third quarter versus USD 4.91 consensus.

Quarterly earnings and capital

PNC reported USD 2.1 billion of net income for the third quarter on October 15, 2026.
Adjusted diluted earnings per share reached USD 5.09 in the third quarter of 2026 against USD 4.91 consensus.
PNC stock trades at EUR 196.50 at 11:17 a.m. CEST at Lang & Schwarz on October 22, 2026.

PNC, US6934751057, Illustration mit AI erstellt.

The PNC Financial Services Group, Inc. (US6934751057) reported USD 2.1 billion of net income for the third quarter ended September 30, 2026, while its stock was trading at EUR 196.50 in Berlin. In its October 15 release, PNC reported diluted earnings per share of USD 4.97 and adjusted diluted earnings per share of USD 5.09.

Three dated developments

On October 2, 2026, PNC declared a quarterly cash dividend of USD 2.00 per common share. On October 9, 2026, it announced the redemption of 6.615 percent fixed rate/floating rate senior notes due October 20, 2027. On October 15, 2026, PNC reported third-quarter net income of USD 2.1 billion and adjusted diluted earnings per share of USD 5.09, according to PNC and the company investor-relations calendar.

What drove the quarter?

The earnings mix was uneven. Total revenue reached USD 6.562 billion in the third quarter, up 10.9 percent from USD 5.915 billion a year earlier, while net interest income rose 15.3 percent year over year to USD 4.206 billion. The company reported a 2.94 percent net interest margin and a 57 percent efficiency ratio for the quarter, according to PNC.

Loan growth supported the result, with average loans of USD 372.2 billion, up USD 9.0 billion or 2 percent from the second quarter. Average deposits reached USD 461.2 billion, an increase of USD 4.2 billion or 1 percent quarter over quarter. Credit costs remained visible: net loan charge-offs were USD 257 million and nonperforming loans reached USD 2.2 billion at September 30, 2026.

Next payment date

PNC's next substantiated shareholder date is November 5, 2026, when the USD 2.00 quarterly dividend is scheduled for payment to shareholders of record as of October 14, 2026. The third-quarter earnings release also states that fourth-quarter share repurchases are expected to approximate the third-quarter level.

PNC stock in euro trading

The euro quote gives German investors a separate view of the NYSE-listed bank. PNC was trading at EUR 196.50 at Lang & Schwarz on October 22, 2026 at 11:17 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of PNC stock.