PNC · 10-Q · 2026Q3 · Full report

Segment Revenue Performance

PNC FINANCIAL SERVICES GROUP, INC. · 2026-11-03 · Importance 48 · Surprise 40

For the first nine months of 2026, Retail Banking revenue increased $1.4 billion, or approximately 13%, to $12.6 billion, and earnings rose $636 million to $4.5 billion. Corporate & Institutional Banking revenue increased $979 million, or approximately 11%, to $9.6 billion, while earnings grew $424 million to $4.6 billion. Retail Banking revenue growth reflected higher net interest income, a Visa exchange-program gain, FirstBank customers, and greater client activity; Corporate & Institutional Banking growth reflected capital markets and advisory activity and higher treasury management revenue. Asset Management Group revenue increased to $1.376 billion from $1.282 billion, while earnings rose $24 million, supported by higher average equity markets and positive net flows.

Key facts

• PNC Retail Banking earnings for the first nine months of 2026 increased $636 million compared with the same period in 2025, driven by higher revenue and partly offset by higher noninterest expense. source
• PNC Corporate & Institutional Banking earnings for the first nine months of 2026 increased $424 million compared with the same period in 2025, driven by higher revenue and lower credit-loss provision, partly offset by higher noninterest expense. source