PNC announces note redemption as PNC stock costs EUR 196.50

Published on 10/12/2026 at 12:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

PNC posted USD 6.88 billion in second-quarter revenue, up 21.40 percent year over year. PNC stock is priced at EUR 196.50 on October 12, 2026.

Key points in brief

PNC announced a senior-note redemption on October 9, 2026, while its euro quote stood at EUR 196.50.
Second-quarter 2026 revenue reached USD 6.88 billion, up 21.40 percent year over year.
PNC has a USD 2.00 dividend, with October 14, 2026 as the record date and October 15, 2026 as the earnings-call date.
Market capitalization was USD 87.5 billion, with a 52-week range of USD 176.88 to USD 258.96.

PNC, US6934751057, Illustration mit AI erstellt.

PNC (ISIN US6934751057) was trading at EUR 196.50 at Lang & Schwarz on October 12, 2026, at 12:17 p.m. CEST. The bank had announced a redemption of 6.615 percent fixed-rate and floating-rate senior notes due October 20, 2027, on October 9, 2026, according to PNC.

Three capital actions since September

On September 29, 2026, PNC announced the redemption of USD 525.0 million of depositary shares representing Series S preferred stock, according to PNC. The redemption price was USD 1,000 per depositary share, with 525,000 shares outstanding.

On October 2, 2026, PNC declared a quarterly dividend of USD 2.00 per common share, according to PNC. The October 9 senior-note announcement therefore followed two other capital-related releases within eleven days.

Second-quarter earnings set the benchmark

PNC reported USD 2.1 billion of net income and USD 4.81 diluted earnings per share, or USD 4.85 on an adjusted basis, for the second quarter of 2026, according to PNC. MarketBeat reported second-quarter revenue of USD 6.88 billion against a USD 6.51 billion consensus estimate, while adjusted earnings per share reached USD 4.85 against USD 4.46 expected, according to MarketBeat.

What does the payout mean?

MarketBeat put the annualized dividend at USD 8.00 per share and the dividend yield at 3.60 percent, with a payout ratio of 44.03 percent, according to MarketBeat. That combination gives the capital actions a measurable earnings context rather than leaving the releases as isolated balance-sheet events.

Two dates shape the next step

PNC investors of record on October 14, 2026, are scheduled to receive the USD 2.00 dividend on November 5, 2026, according to MarketBeat. PNC's next earnings conference call is scheduled for October 15, 2026, at 10:00 a.m. EDT, according to PNC.

PNC stock stays below its yearly high

PNC's market capitalization was USD 87.5 billion on October 12, 2026, while its 52-week range stood at USD 176.88 to USD 258.96. The euro quote remained below the dollar-denominated high on a currency-separated basis, so the two prices are not combined into a percentage comparison. The further course of trading is shown by the continuously updated real-time quote of PNC stock.