PNC · 8-K · 20261015PR065936
Capital Return Program
PNC FINANCIAL SERVICES GROUP, INC. · 2026-10-15 · Importance 54 · Surprise 40 · In source text
PNC returned $1.4 billion to shareholders in 3Q26, comprising $0.8 billion of common dividends and $0.6 billion of common share repurchases. The board declared a quarterly common dividend of $2.00 per share on October 2, payable November 5, 2026, compared with $1.70 per share declared in each of the prior-year and prior-quarter periods. Approximately 27% of the 100 million shares authorized under the existing repurchase program remained available at September 30, and 4Q26 repurchases were expected to approximate 3Q26 levels.
Key facts
- On October 2, 2026, PNC’s board declared a quarterly common-stock cash dividend of $2.00 per share, payable November 5, 2026, to shareholders of record at close of business October 14, 2026. source
- PNC expects fourth-quarter 2026 share repurchases to approximate third-quarter 2026 levels. source
- Approximately 27% of the 100 million common shares under PNC’s previously approved repurchase program remained available for repurchase at September 30, 2026. source
- PNC returned $1.4 billion of capital to shareholders in the third quarter of 2026: $0.8 billion in common dividends and $0.6 billion in common share repurchases. source
- PNC's ability to take capital actions, including returning capital to shareholders, is subject to meeting or exceeding minimum capital levels, including a stress capital buffer established by the Federal Reserve Board through CCAR. source
- PNC returned $0.8 billion through common dividends and $0.6 billion through share repurchases in the third quarter of 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | — | On October 2, 2026, PNC’s board declared a quarterly common-stock cash dividend of $2.00 per share, payable November 5, 2026, to… |
| liability | negative | committed | — | On October 2, 2026, PNC’s board declared a quarterly common-stock cash dividend of $2.00 per share, payable November 5, 2026, to… |
| cash | negative | committed | — | PNC expects fourth-quarter 2026 share repurchases to approximate third-quarter 2026 levels. |