Summary
PNC Financial Services Group, Inc. (PNC) filed its quarterly report for the period ending March 31, 2026, on May 5, 2026. The filing indicates no material changes to previously disclosed risk factors from its 2025 Form 10-K. Additionally, there were no unregistered sales of equity securities during the quarter. A key area of focus for investors is PNC's share repurchase activity. During the first quarter of 2026, the company repurchased a total of 3,720 shares at an average price of $218.03 per share. A significant portion of these repurchases, 3,194 shares, were part of publicly announced programs. PNC continues to have substantial capacity for future repurchases, with approximately 32% of its 100 million common share repurchase program still available as of March 31, 2026. The company anticipates share repurchase activity to be in the range of $600 million to $700 million for the second quarter of 2026, subject to market and economic conditions.
Financial Highlights
33 data points| Revenue | $6.17B |
| Net Income | $1.77B |
| EPS (Basic) | $4.13 |
| EPS (Diluted) | $4.13 |
| Shares Outstanding (Basic) | 405.00M |
| Shares Outstanding (Diluted) | 405.00M |
Key Highlights
- 1No material changes to previously disclosed risk factors.
- 2No unregistered sales of equity securities during Q1 2026.
- 3PNC repurchased 3,720 shares of common stock in Q1 2026.
- 4Average price paid per share for repurchases was $218.03.
- 53,194 shares repurchased were part of publicly announced programs.
- 6Approximately 32% of the 100 million share repurchase program remains available.
- 7Expected share repurchase activity for Q2 2026 is between $600 million and $700 million.