---
title: "PNC Reports Q2 2026 Net Income $2.1B, Diluted EPS $4.81; Revenue $6.875B"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292753421.md"
description: "PNC Financial Services reported Q2 2026 net income of $2.055 billion and diluted EPS of $4.81, with total revenue reaching $6.875 billion. Results were bolstered by record fee income, higher net interest income, and full-quarter benefits from the FirstBank acquisition. The company returned $1.3 billion to shareholders and increased its quarterly dividend to $2.00 per share."
datetime: "2026-07-15T10:43:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292753421.md)
  - [en](https://longbridge.com/en/news/292753421.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292753421.md)
generator: "portal-rs"
---

# PNC Reports Q2 2026 Net Income $2.1B, Diluted EPS $4.81; Revenue $6.875B

PNC reported second-quarter 2026 net income of $2.055 billion and diluted EPS of $4.81 ($4.85 as adjusted), with total revenue of $6.875 billion. Results reflected record fee income, higher net interest income of $4.107 billion and integration activity from the FirstBank acquisition. The board raised the quarterly common dividend 30 cents to $2.00 per share and returned $1.3 billion of capital to shareholders in the quarter.

**Financial Highlights**

-   Total revenue: $6,875 million for 2Q26 (up 12% vs 1Q26).
-   Net interest income: $4,107 million for 2Q26 (increase of $146 million vs 1Q26); net interest margin 2.96%.
-   Noninterest income: $2,768 million for 2Q26 (included $218 million of integration costs and significant items); fee income (non-GAAP) $2,279 million.
-   Noninterest expense: $4,098 million for 2Q26 (included $261 million of integration costs and significant items); noninterest expense excluding those items $3,837 million.
-   Net income: $2,055 million for 2Q26; diluted EPS $4.81 and diluted EPS as adjusted (excl. integration & significant items) $4.85.

**Business Highlights**

-   Acquisition and conversion: Successfully converted approximately 780,000 FirstBank customers, ~1,620 employees and 95 branches (conversion completed June 22, 2026); 2Q26 includes full-quarter benefit of FirstBank.
-   Revenue drivers: Fee income growth driven by record capital markets and advisory activity; capital markets and advisory fees were $577 million in 2Q26 (up 25% vs 1Q26).
-   Loan and deposit activity: Average loans rose $12.3 billion to $363.2 billion (commercial loans strong); average deposits stable at $457.0 billion with noninterest-bearing deposits up 4% sequentially.
-   Balance sheet repositioning: Sold ~$4 billion of available-for-sale securities and redeployed proceeds into higher-yielding securities; investment securities average $147.1 billion.
-   Capital and shareholder returns: CET1 ratio estimated at 9.9% at June 30, 2026; returned $1.3 billion to shareholders (including $0.6 billion share repurchases) and increased quarterly dividend to $2.00 per share.

Original SEC Filing: PNC FINANCIAL SERVICES GROUP, INC. \[ PNC \] - 8-K - Jul. 15, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**