AI English summary of an SEC filing — figures as filed
The company said net income for Q2 2026 was $2,055 million, diluted EPS was $4.81, and adjusted EPS, which excludes integration costs and 2Q26 significant items, was $4.85.
Key points
AI summaryThe company said net income for Q2 2026 was $2,055 million, diluted EPS was $4.81, and adjusted EPS, which excludes integration costs and 2Q26 significant items, was $4.85.
PNC said total revenue for Q2 2026 was $6,875 million, up 12% from Q1, and net interest income was $4,107 million, up 4% from Q1.
The company said in Q2 2026 it monetized 50% of its Visa Class B-2 shares through the Visa exchange program, booking a gain of $448 million. It said the gain was largely offset by a $140 million PNC Foundation contribution expense and a $139 million securities loss, among other items.
PNC said it returned $1.3 billion to shareholders in Q2 2026, consisting of $0.7 billion in common stock dividends and $0.6 billion in share repurchases. It also said its board raised the quarterly common stock dividend by 30 cents to $2.00 per share on July 6, 2026.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Q2 2026 Net Income and Diluted EPS
The company said net income for Q2 2026 was $2,055 million, diluted EPS was $4.81, and adjusted EPS, which excludes integration costs and 2Q26 significant items, was $4.85.
Source · Based on the filing body and exhibits
Q2 Revenue and Net Interest Income
PNC said total revenue for Q2 2026 was $6,875 million, up 12% from Q1, and net interest income was $4,107 million, up 4% from Q1.
Source · Based on the filing body and exhibits
Visa Exchange Gain and Offsetting Items
The company said in Q2 2026 it monetized 50% of its Visa Class B-2 shares through the Visa exchange program, booking a gain of $448 million. It said the gain was largely offset by a $140 million PNC Foundation contribution expense and a $139 million securities loss, among other items.
Source · Based on the filing body and exhibits
Shareholder Returns and Dividend Increase
PNC said it returned $1.3 billion to shareholders in Q2 2026, consisting of $0.7 billion in common stock dividends and $0.6 billion in share repurchases. It also said its board raised the quarterly common stock dividend by 30 cents to $2.00 per share on July 6, 2026.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
Loading the filing text…