PNC Q3 2026: EPS in line, revenue slips sequentially
PNC's Q3 2026 quarter is a split print: EPS of $4.97 matched the $4.9685 consensus and revenue rose 10.9% year over year, but revenue fell 4.6% from Q2 and credit metrics weakened modestly. Read the quarter by separating solid year-over-year growth from sequential softness in Retail Banking and the absence of numeric guidance in the supplied materials.
1 · Expected vs. Actual
Free preview belowDiluted EPS was $4.97, up 14.3% from $4.35 a year earlier and matched the $4.9685 consensus estimate. Net income was $2.08 billion, up 15.1% from $1.81 billion a year earlier. The EPS comparison is clean at the headline level, but it does not resolve the revenue run-rate decline or the higher credit costs.
Revenue was $6.56 billion, up 10.9% from $5.92 billion a year earlier but down 4.6% from $6.88 billion in Q2 2026. The sequential drop was led by Retail Banking, where revenue fell to $4.09 billion from $4.52 billion. Reported revenue is also below the $7.76 billion simple sum of the three segment revenue lines, a reconciliation gap flagged in the data.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-11-04
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