PNC金融服务集团（PNC）2025年第三季度业绩报告「NYSE」（英文版）（19页）.pdf

1、PNC Reports Third Quarter 2025 Net Income of$1.8 Billion,$4.35 Diluted EPSRecord revenue;8%noninterest income growth;strong credit qualityAnnounced agreement to acquire FirstBank on Sept.8,2025 PITTSBURGH,Oct.15,2025 The PNC Financial Services Group,Inc.(NYSE:PNC)today reported:For the quarterIn mil

2、lions,except per share data and as noted3Q252Q253Q24Third Quarter HighlightsFinancial ResultsComparisons reflect 3Q25 vs.2Q25Net interest income(NII)$3,648$3,555$3,410 Income Statement PPNR increased 8%;generated 2%positive operating leverage Revenue increased 4%NII increased 3%;NIM of 2.79%declined

3、 1 bp driven by 5%mercial deposit growth Fee income increased 9%Other noninterest income of$198 million Noninterest expense increased 2%Efficiency ratio improved to 59%Balance Sheet Average loans increased$3.2 billion,or 1%,driven by 2%growth in commercial and industrial loans Average deposits grew$

4、8.9 billion,or 2%,driven by commercial deposit growth Net loan charge-offs were$179 million,or 0.22%annualized to average loans AOCI improved$0.6 billion to negative$4.1 billion TBV per share increased 4%to$107.84 Maintained strong capital position CET1 capital ratio increased to 10.6%Returned$1 bil

5、lion of capital through common dividends and share repurchases On September 8,2025,PNC announced an agreement to acquire FirstBank for implied consideration of$4.1 billion,with an expected close in early 2026Fee income(non-GAAP)2,069 1,894 1,953 Other noninterest income19821269Noninterest income 2,2

6、67 2,106 2,022 Revenue 5,915 5,661 5,432 Noninterest expense 3,461 3,383 3,327 Pretax,pre-provision earnings(PPNR)(non-GAAP)2,454 2,278 2,105 Provision for credit losses 167 254 243 Net income 1,822 1,643 1,505 Per Common Share Diluted earnings per share(EPS)$4.35$3.85$3.49 Average diluted common sh