PNC announced note redemption and PNC stock trades at EUR 199.00

Published on 10/13/2026 at 12:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

PNC reported USD 2.10 billion net income in the second quarter. PNC stock trades at EUR 199.00 on October 13, 2026 before October 15 results.

PNC announced the redemption of 6.615% senior notes due October 20, 2027, on October 9, 2026.
Second-quarter 2026 net income reached USD 2.10 billion, with adjusted diluted EPS of USD 4.85.
Third-quarter consensus calls for USD 4.89 earnings per share and USD 6.59 billion in revenue on October 15, 2026.
PNC stock was trading at EUR 199.00 at Lang & Schwarz on October 13, 2026 at 12:30 p.m. CEST.

PNC, US6934751057, Illustration mit AI erstellt.

PNC (ISIN US6934751057) was trading at EUR 199.00 at Lang & Schwarz on October 13, 2026 at 12:30 p.m. CEST. On October 9, 2026, PNC announced the redemption of 6.615% fixed rate and floating rate senior notes due October 20, 2027. The debt action arrives before the bank reports third-quarter results on October 15, 2026.

Three dated developments shape expectations

On July 15, 2026, PNC reported USD 2.10 billion in net income for the second quarter of 2026 and adjusted diluted earnings per share of USD 4.85. On October 2, 2026, it declared a quarterly common-stock dividend of USD 2.00, while the October 9 note redemption carried a stated coupon of 6.615%.

The sequence points to two separate investor questions: earnings momentum and capital deployment. The upcoming report will show whether the second-quarter profit level translated into another period of double-digit growth while management continues to manage funding costs.

What does the October 15 report imply?

AlphaStreet reported that consensus for the third quarter of 2026 stands at USD 4.89 in earnings per share across 16 analysts and USD 6.59 billion in revenue. The consensus earnings estimate is 12.40 percent above USD 4.35 in the third quarter of 2025, while the revenue estimate is 11.40 percent above USD 5.92 billion.

The comparison gives the market a clear measuring stick for the October 15 release. A result above USD 4.89 in earnings per share would extend the year-over-year growth path, while revenue below USD 6.59 billion would challenge the double-digit expansion implied by estimates.

Dates and business mix matter

PNC's next scheduled reporting event is the third-quarter 2026 earnings conference call on October 15, 2026 at 10:00 a.m. EDT, according to the company's investor-relations calendar. Stock Analysis describes PNC's operating structure as three segments: Retail Banking, Corporate and Institutional Banking, and Asset Management Group.

That mix makes the earnings release more informative than a single net-income figure. Retail deposits and lending, institutional activity, and asset-management fees can move differently as interest rates and credit conditions change.

PNC stock stays tied to the earnings test

PNC's market capitalization stood at USD 88.3 billion on October 12, 2026, while its 52-week range was USD 176.88 to USD 258.96. The EUR 199.00 Lang & Schwarz quote therefore sits alongside a substantial valuation gap between the reported market price and the next earnings benchmark of USD 4.89 per share.

The further course of trading is shown by the continuously updated real-time quote of PNC stock.