PNC Financial Services Group IncPNC
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PNC raises its prime lending rate to 7.00%, lifting interest income on its loan book.
PNC Bank, N.A. announced an increase in its prime lending rate to 7.00%, effective tomorrow, Sept. 17, 2026. The Pittsburgh-based bank is a member of The PNC Financial Services Group, Inc., which trades on the New York Stock Exchange under the ticker PNC. PNC is one of the largest diversified financial services institutions in the United States, offering retail and business banking, corporate banking, real estate finance, asset-based lending, wealth management and asset management. The rate change was announced on Sept. 16, 2026.
PNC Financial Services Group IncPNC raises its prime lending rate to 7.00%, lifting interest income on its loan book.
CTBC Financial Holding Co LtdPNC's prime rate hike signals a higher policy-rate environment, pushing the Canada prime rate benchmark up.