PNC金融服务集团（PNC）2026年第一季度业绩报告「NYSE」（英文版）（20页）.pdf

1、 PNC Reports First Quarter 2026 Net Income of$1.8 Billion,$4.13 Diluted EPS or$4.32 as AdjustedNII increased 6%,NIM of 2.95%;grew average loans 7%;$700 million of share repurchases PITTSBURGH,Apr.15,2026 The PNC Financial Services Group,Inc.(NYSE:PNC)today reported:For the quarterIn millions,except

2、per share data and as noted1Q264Q251Q25First Quarter HighlightsFinancial ResultsComparisons reflect 1Q26 vs.4Q25Net interest income(NII)$3,961$3,731$3,476 Income Statement First quarter results include FirstBank operations since acquisition close on Jan.5th 2026 Adjusted EPS was$4.32,excluding First

3、Bank integration costs of$98 million,pre-tax Revenue increased 2%NII increased 6%;NIM of 2.95%increased 11 bps Fee income decreased 2%Other noninterest income of$125 million Noninterest expense increased 5%primarily due to FirstBank operating and integration expenses.Excluding integration expenses,n

4、oninterest expense increased 2%Balance Sheet Average loans increased$23.0 billion,or 7%,driven by loans acquired from FirstBank and commercial loan growth Total loans increased$29.4 billion,or 9%Average deposits grew$18.8 billion,or 4%,driven by FirstBank deposits Net loan charge-offs were$253 milli

5、on and included$45 million of acquired net loan charge-offs related to FirstBank loans.Maintained strong capital position CET1 capital ratio of 10.1%Returned$1.4 billion to shareholders through$0.7 billion of share repurchases and$0.7 billion of common stock dividendsFee income(non-GAAP)2,079 2,123

6、1,839 Other noninterest income125217137Noninterest income 2,204 2,340 1,976 Revenue 6,165 6,071 5,452 Noninterest expense 3,768 3,603 3,387 Pretax,pre-provision earnings(PPNR)(non-GAAP)2,397 2,468 2,065 Integration costs 98 PPNR excluding integration costs(non-GAAP)2,495 2,468 2,065 Provision for cr