PNC announced USD 1.25 billion note redemption and PNC stock costs EUR 194.50

Published on 10/14/2026 at 11:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

PNC declared a USD 2.00 dividend on October 2, 2026. PNC stock costs EUR 194.50 on October 14, 2026 before results.

Debt redemption and earnings calendar

PNC announced a USD 1.25 billion senior-note redemption on October 9, 2026.
PNC declared a USD 2.00 common-stock dividend on October 2, 2026.
PNC stock was trading at EUR 194.50 at 11:07 a.m. CEST at Lang & Schwarz on October 14, 2026.

PNC, US6934751057, Illustration mit AI erstellt.

PNC (ISIN US6934751057) was trading at EUR 194.50 at Lang & Schwarz on October 14, 2026 at 11:07 a.m. CEST as investors assessed the bank's USD 1.25 billion senior-note redemption announced on October 9, 2026. The debt action and an imminent earnings report give PNC stock two concrete dates for the next phase.

Redemption sets the near date

According to PR Newswire on October 9, 2026, PNC announced the redemption of all outstanding 6.615% fixed-rate/floating-rate senior notes due October 20, 2027. The notes have a principal amount of USD 1.25 billion, and PNC plans to pay 100% of principal plus accrued interest on October 20, 2026.

The redemption shortens the stated maturity schedule by one year. For investors, the relevant figure is the USD 1.25 billion cash obligation rather than a change to common-share capital, while interest on the notes stops accruing on the redemption date.

What does the dividend add

PNC declared a USD 2.00 quarterly common-stock dividend on October 2, 2026. The payment is scheduled for November 5, 2026, for shareholders recorded at the close of business on October 14, 2026.

The dividend provides a second dated capital-allocation signal alongside the note redemption. PNC's most recent reported quarter was the second quarter of 2026, when net income reached USD 1.95 billion and diluted earnings per share were USD 4.81 in the standardized financial statements.

Chronology of key actions

On July 15, 2026, PNC reported second-quarter results with diluted earnings per share of USD 4.85 and revenue of USD 6.88 billion, according to MarketBeat. On October 2, 2026, the company declared the USD 2.00 dividend, and on October 9, 2026, it announced the USD 1.25 billion note redemption.

Upcoming dates matter

The October 14, 2026 record date applies to the USD 2.00 common dividend, according to PNC. The next earnings event is scheduled for October 15, 2026, with a conference call at 10:00 a.m. ET, according to PNC.

Stock price before results

PNC stock was trading at EUR 194.50 at Lang & Schwarz on October 14, 2026 at 11:07 a.m. CEST. The quote is an intraday euro reference ahead of the third-quarter reporting date, while the primary listing is on the NYSE.

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