PNC Reports Q1 2026 Earnings Results
PNC reported Q1 2026 earnings with strong loan growth and balance sheet expansion driven by the FirstBank acquisition. The company saw a 7% sequential increase in average loan balances and a 4% rise in deposits, though its CET1 ratio declined slightly due to the acquisition. Net income reached $1.8 billion, with a tangible book value of $109.42 per share.
Tickers: $PNC
Topics: acquisition impact deposit balances earnings financial performance loan growth net income