PNC stock falls after quarterly earnings beat estimates

PNC stock, issued by The PNC Financial Services Group (ISIN US6934751057), stood at USD 224.03 on the NYSE on September 23, 2026, down 1.72 percent from the prior close. The latest quarterly figures show adjusted EPS of USD 4.85 against consensus of USD 4.46.

Q2 earnings beat estimates

For the quarter ended June 30, 2026, PNC reported net income of USD 2.055 billion and diluted GAAP EPS of USD 4.81, according to PNC. The company also reported net interest income of USD 4.107 billion and non-interest income of USD 2.588 billion.

MarketBeat reported adjusted quarterly EPS of USD 4.85 versus the USD 4.46 consensus estimate and revenue of USD 6.88 billion versus USD 6.51 billion expected. Revenue was up 21.4 percent year over year, while adjusted EPS increased from USD 3.85 in the comparable quarter, according to MarketBeat.

October brings the next checkpoint

PNC investor relations lists the Q3 2026 earnings conference call for October 15, 2026, at 10:00 a.m. EDT. That date gives the market its next scheduled checkpoint after the June quarter, with the second-quarter net margin at 31 percent based on the reported figures.

The bank also had USD 616.034 billion in total assets and USD 449.792 billion in deposits at June 30, 2026. Deposits declined from USD 457.648 billion at March 31, 2026, while assets increased from USD 603.028 billion.

Stock remains below its yearly high

At USD 224.03 on September 23, 2026, PNC stock was 13.49 percent below its 52-week high of USD 258.96 and above its 52-week low of USD 176.88. The market capitalization stood at USD 89.388 billion.

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