Computed from published fixed rules, not a model's judgement — though one input, the count of high-severity risks, comes from the AI analysis below.
Not investment advice and not a price target: it scores the quarter's fundamentals, not the stock. Full methodology →
AI Takeaway
PNC Financial Services delivered strong Q1 FY2026 results with revenue surging 13.1% year-over-year to $6.17B and diluted EPS jumping 17.7% to $4.13, while total assets grew 8.7% to $603B.
Revenue
$6.17B
+13.08% YoY
EPS (Diluted)
$4.13
+17.66% YoY
Source: SEC XBRL
Pnc Financial Services Group (PNC) reported Q1 FY2026 revenue of $6.17B, up 13.1% year over year. Operating cash flow was $1.93B. PNC's fiscal Q1 FY2026 corresponds to calendar Q1 2026.
Last 4 quarters: 4 beats
| Quarter | Actual EPS (USD) | Consensus (USD) | Result |
|---|---|---|---|
| Jun 2026 | 4.81 | 4.46 | Beat +7.9% |
| Mar 2026This filing | 4.13 | 4.10 | Beat +0.8% |
| Dec 2025 | 4.88 | 4.26 | Beat +14.6% |
| Sep 2025 | 4.35 | 4.09 | Beat +6.4% |
Reported EPS of $4.13 versus the $4.10 analyst consensus — a +0.8% beat for Mar 2026.
Compiled by AI from this SEC filing
PNC reported Q1 FY2026 revenue of $6.17B, up 13.1% from $5.45B in the prior-year period, reflecting broad-based strength across the bank's business lines and a favorable interest rate environment supporting net interest income expansion.
Source: 10-Q Financial Data (Income Statement)
Basic and diluted EPS both reached $4.13 in Q1 FY2026, representing a 17.3–17.7% year-over-year improvement from $3.52/$3.51, indicating that earnings growth outpaced revenue growth, suggesting improved operational efficiency or lower credit costs.
Source: 10-Q Financial Data (Income Statement)
Operating cash flow swung dramatically to $1.93B in Q1 FY2026 from negative $509M in the prior-year quarter, a 478.8% improvement, signaling significantly stronger cash generation from core banking operations.
Source: 10-Q Financial Data (Cash Flow Statement)
Total assets grew 8.7% year-over-year to $603B, supported by a 12.8% increase in stockholders' equity to $63.6B, reflecting both organic growth and retained earnings accumulation that strengthened the capital base.
Source: 10-Q Financial Data (Balance Sheet)
Share buybacks totaled $796M in Q1 FY2026, more than tripling the $262M repurchased in Q1 FY2025 (up 203.8%), demonstrating management's confidence in the bank's capital position and commitment to returning value to shareholders.
Source: 10-Q Financial Data (Cash Flow Statement)
Compiled by AI from this SEC filing · 2 high, 3 medium, 0 low
PNC carries a debt-to-equity ratio of approximately 8.48x, which is characteristic of large banks but reflects significant leverage. Long-term debt rose 9.8% year-over-year to $66.7B, meaning any deterioration in credit markets or rising funding costs could pressure net interest margins and profitability.
Source: 10-Q Financial Data (Balance Sheet & Key Ratios)
Investing cash outflows surged to -$10.59B in Q1 FY2026 from -$980M in the prior year, a nearly 10x increase. This level of investment activity—potentially in securities or loan growth—raises questions about asset quality and the risk of deploying capital at potentially unfavorable valuations or credit conditions.
Source: 10-Q Financial Data (Cash Flow Statement)
As a large regional bank, PNC's net interest income is highly sensitive to changes in the Federal Reserve's rate policy. A pivot to rate cuts could compress net interest margins, which appear to be a key driver of the strong revenue growth seen in Q1 FY2026.
Source: 10-Q Financial Data (Income Statement)
With total assets expanding rapidly to $603B and significant new investment activity, PNC faces elevated exposure to potential credit deterioration if economic conditions weaken. Rising loan balances in a slowing economy could lead to higher provision for credit losses, impacting net income.
Source: 10-Q Financial Data (Balance Sheet)
PNC accelerated share buybacks by over 200% to $796M while simultaneously increasing long-term debt by 9.8%. Sustaining this level of capital return alongside heavy investment spending may strain capital ratios if earnings growth moderates or regulatory capital requirements tighten.
Source: 10-Q Financial Data (Cash Flow Statement & Balance Sheet)
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Revenue $B | 6.17 $B | 5.45 $B | +13.08% |
EPS (Basic) $ | 4.13 $ | 3.52 $ | +17.33% |
EPS (Diluted) $ | 4.13 $ | 3.51 $ | +17.66% |
Answers draw on this SEC filing and the data on this page
PNC reported a strong second quarter of FY2026, with net income growing 16% sequentially driven by the FirstBank integration and a $448 million Visa exchange gain, while raising its dividend by 18%.
PNC Financial Services delivered strong FY2025 results with revenue rising 7.2% to $23.1B and EPS surging 20.6% to $16.60, though operating cash flow declined sharply by 44.4% amid a significant ramp-up in investing activities.
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