PNC reported FY 2025 net income of USD 7.0 billion, up 18%, with diluted EPS of USD 16.59. Total revenue rose 7% to USD 23.1 billion, driven by net interest income of USD 14.41 billion (up 7%) and noninterest income of USD 8.69 billion (up 8%). Net interest margin increased to 2.83% from 2.66%. Noninterest expense increased 2% to USD 13.83 billion, while provision for credit losses was USD 779 million. At year-end 2025, PNC had total assets of USD 573.57 billion, loans of USD 331.48 billion and deposits of USD 440.87 billion; CET1 capital ratio was 10.6%. PNC returned USD 3.9 billion to shareholders in FY 2025, including more than USD 2.6 billion in common dividends and USD 1.2 billion in share repurchases (6.8 million shares). The board declared a quarterly common dividend of USD 1.70 per share (declared Jan. 5, 2026; paid Feb. 5, 2026). Corporate updates included completion of the acquisition of FirstBank Holding Company on Jan. 5, 2026 (FirstBank had USD 26.4 billion of assets, USD 16.0 billion of loans and USD 23.1 billion of deposits at close), with customer conversion to PNC Bank expected this summer. PNC also cited FDIC special assessment impacts, including a FY 2025 accrual release of USD 108 million. For FY 2026, PNC guided for average loans up approximately 8%, net interest income up approximately 14%, revenue up approximately 11%, and noninterest expense (excluding one-time integration costs) up approximately 7%, and said it expects non-recurring merger and integration costs of approximately USD 325 million, mostly in H1 2026.

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