PNC Financial Services Group reported second-quarter 2026 net income of $2.1 billion, or $4.81 per diluted share, with adjusted diluted earnings per share of $4.85. Total revenue grew 12% linked quarter to $6.9 billion, driven by a 4% increase in net interest income and a 10% rise in fee income, while the company raised its quarterly common stock dividend by 18% to $2 per share. Average loans grew 4% to $363 billion, led by commercial and industrial lending, and the net interest margin edged up 1 basis point to 2.96%. PNC expects full-year 2026 average loan growth of approximately 12.5% and net interest income to increase 15% to 15.5%, with a CET1 ratio estimated at 9.9%.
PNC Financial Services Group IncPNC reported strong Q2 earnings with net income of $2.1B, revenue growth, and an 18% dividend increase.
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