v3.26.1
Segment Reporting (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Results of Businesses
Results of our reportable business segments for the three and six months ended June 30, 2026 and 2025 are as follows:
Table 87: Business Segment Results and Reconciliation to Consolidated

Three months ended June 30Retail BankingCorporate & Institutional BankingAsset Management Group
In millions202620252026202520262025
Net interest income (a)$3,290 $3,012 $1,972 $1,791 $191 $184 
Noninterest income1,227 782 1,291 1,022 271 244 
Total revenue (a)4,517 3,794 3,263 2,813 462 428 
Provision for credit losses120 83 76 184 (3)(13)
Noninterest expense
Personnel551 539 502 370 120 115 
Segment allocations (b)1,090 978 418 381 128 118 
Depreciation and amortization138 87 50 49 11 10 
Other (c)332 286 161 150 30 25 
Total noninterest expense2,111 1,890 1,131 950 289 268 
Income before income taxes and noncontrolling interests (a)2,286 1,821 2,056 1,679 176 173 
Income taxes (a)531 425 463 356 41 41 
Net income (a)1,755 1,396 1,593 1,323 135 132 
Less: Net income attributable to noncontrolling interests8 105 5— — 
Net income excluding noncontrolling interests (a)$1,747 $1,386 $1,588 $1,318 $135 $132 
Average assets$130,460 $114,061 $263,912 $234,391 $15,048 $14,629 
Three months ended June 30Other activitiesConsolidated
In millions2026202520262025
Net interest income (a)$(1,346)$(1,432)$4,107 $3,555 
Noninterest income(21)(d)58 2,768 2,106 
Total revenue (a)(1,367)(1,374)6,875 5,661 
Provision for credit losses(2)— 191 254 
Total noninterest expense567 (e)275 4,098 3,383 
Income before income taxes and noncontrolling interests (a)(1,932)(1,649)2,586 2,024 
Income taxes (a)(504)(441)531 381 
Net income (a)(1,428)(1,208)2,055 1,643 
Less: Net income attributable to noncontrolling interests2 1 15 16 
Net income excluding noncontrolling interests (a)$(1,430)$(1,209)$2,040 $1,627 
Average Assets$206,850 $198,605 $616,270 $561,686 
(Continued from previous page)
Six months ended June 30Retail BankingCorporate & Institutional BankingAsset Management Group
In millions202620252026202520262025
Net interest income (a)$6,525 $5,885 $3,893 $3,535 $384 $362 
Noninterest income1,997 1,488 2,435 2,000 533 487 
Total revenue (a)8,522 7,373 6,328 5,535 917 849 
Provision for credit losses244 251 153 233 2 (12)
Noninterest expense
Personnel1,122 1,077 962 746 245 236 
Segment allocations (b)2,178 1,945 842 764 255 235 
Depreciation and amortization270 173 96 100 21 18 
Other (c)656 597 307 296 60 58 
Total noninterest expense4,226 3,792 2,207 1,906 581 547 
Income before income taxes and noncontrolling interests (a)4,052 3,330 3,968 3,396 334 314 
Income taxes (a)941 777 890 736 78 74 
Net income (a)3,111 2,553 3,078 2,660 256 240 
Less: Net income attributable to noncontrolling interests1519109— — 
Net income excluding noncontrolling interests (a)$3,096 $2,534 $3,068 $2,651 $256 $240 
Average Assets $130,537 $114,601 $256,890 $230,750 $14,927 $14,556 
Six months ended June 30Other activitiesConsolidated
In millions2026202520262025
Net interest income (a)$(2,734)$(2,751)$8,068 $7,031 
Noninterest income7 (d)107 4,972 4,082 
Total revenue (a)(2,727)(2,644)13,040 11,113 
Provision for credit losses2 1 401 473 
Total noninterest expense852 (e)525 7,866 6,770 
Income before income taxes and noncontrolling interests (a)(3,581)(3,170)4,773 3,870 
Income taxes (a)(963)(859)946 728 
Net income (a)(2,618)(2,311)3,827 3,142 
Less: Net income attributable to noncontrolling interests2 6 27 34 
Net income excluding noncontrolling interests (a)$(2,620)$(2,317)$3,800 $3,108 
Average Assets$206,568 $199,139 $608,922 $559,046 
(a)During the second quarter of 2026, PNC updated its internal FTP methodology. The update resulted in impacts to net interest income and associated income statement line items for all business segments. Prior periods have been adjusted to conform with the current presentation.
(b)Represents expense allocations for corporate overhead services used by each business segment; primarily comprised of technology, human resources and occupancy-related allocations.
(c)Other is primarily comprised of other direct expenses including outside services and equipment expense.
(d)Includes a $139 million securities loss related to the repositioning of the available-for-sale investment securities portfolio in the second quarter of 2026.
(e)Includes a $140 million expense related to a PNC Foundation contribution in the second quarter of 2026.