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PNC FINANCIAL SERVICES GROUP, INC. (PNC) Form 424B5 — Oct 20, 2026

$PNCForm 424B5Filed Oct 20, 2026, 7:59 AM ET0001628280-26-066394Original filing

PNC filed a preliminary prospectus supplement for a senior notes offering consisting of fixed-to-floating rate and floating rate senior notes due October 2029, ranking equally with its other senior unsecured debt. Pricing, principal amounts, coupons, and net proceeds are left blank pending finalization, with PNC Capital Markets, Citigroup, and Morgan Stanley as joint book-running managers. Proceeds are earmarked for general corporate purposes, potentially including subsidiary investments, debt repayment, and repurchases of PNC common and preferred stock. The filing notes PNC had $35.2 billion of senior unsecured debt outstanding as of June 30, 2026.

Key figures

Total Assets
627816000000
Cash Position
0
Maturity
October 2029
Loans sep30 2026
$378,792 million
Q3 2026 net income
$2.1 billion (vs. $2.1B Q2 2026, $1.8B Q3 2025)
Q3 2026 total revenue
$6,562 million
Total assets sep30 2026
$627,816 million
Total deposits sep30 2026
$466,362 million
Q3 2026 net interest income
$4,206 million
Common shares outstanding sep30 2026
397 million
Book value per common share sep30 2026
$142.17
Q3 2026 net income attributable to common
$2,006 million
Senior unsecured debt outstanding jun30 2026
$35.2 billion

AI analysis

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