Summary
PNC Financial Services Group, Inc. (PNC) reported a strong financial performance for the fiscal year ended December 31, 2025. The company saw a significant increase in net income to $7.0 billion, or $16.59 per diluted share, up 18% from the previous year. This growth was driven by higher net interest income and noninterest income, reflecting a robust increase in total revenue to $23.1 billion. Key drivers of this performance include a 7% rise in net interest income to $14.4 billion, attributed to lower funding costs and loan growth, and an 8% increase in noninterest income to $8.7 billion, boosted by capital markets, advisory, card, and cash management services. The company also demonstrated sound credit quality, with net charge-offs decreasing significantly compared to the prior year. PNC maintained a strong capital position, with its Common Equity Tier 1 (CET1) ratio increasing to 10.6%. The company also announced the completion of its acquisition of FirstBank Holding Company on January 5, 2026, which is expected to be accretive to earnings.
Financial Highlights
33 data points| Revenue | $23.10B |
| Net Income | $7.00B |
| EPS (Basic) | $16.60 |
| EPS (Diluted) | $16.59 |
| Shares Outstanding (Basic) | 396.00M |
| Shares Outstanding (Diluted) | 396.00M |
Key Highlights
- 1Net income increased by 18% to $7.0 billion ($16.59 per diluted share) in 2025.
- 2Total revenue grew by 7% to $23.1 billion.
- 3Net interest income rose by 7% to $14.4 billion, with net interest margin improving to 2.83%.
- 4Noninterest income increased by 8% to $8.7 billion, driven by strength in capital markets, advisory, and card/cash management services.
- 5Provision for credit losses decreased slightly to $779 million from $789 million in 2024.
- 6Net charge-offs decreased by 29% to $0.7 billion, reflecting improved credit quality.
- 7Common Equity Tier 1 (CET1) capital ratio improved to 10.6% at year-end 2025.
- 8Acquisition of FirstBank Holding Company completed on January 5, 2026, expanding asset base by $26.4 billion.