PNC delivered a strong Q1 2026 with 7% loan growth, expanded net interest margin, and robust fee income, supported by strategic acquisitions and disciplined execution.

• Completed acquisition of FirstBank, contributing $15B in loans and $22B in deposits, with organic loan growth reaching a three-year high.
• Net interest margin expanded by 11 basis points to 2.95%, driving a 6% increase in net interest income to $4.0 billion.
• Total revenue grew 2% quarter-over-quarter to $6.2 billion, despite a decline in noninterest income due to specific factors.
• Shareholder returns remained strong with $1.4 billion capital distribution, including ~$700 million in dividends and share repurchases; CET1 ratio at 10.1%.
• Credit quality remains solid amidst market concerns, with no systemic risks identified in private credit exposure, and the bank maintains bias toward disciplined growth.