Overview
- Fourth-quarter profit rose to $2.03 billion, or $4.88 per share, up from $1.63 billion a year earlier.
- Total revenue reached a record $6.07 billion as net interest income increased 6% to $3.73 billion on loan growth, lower deposit costs and asset repricing.
- Capital markets and advisory fees climbed 41% to $489 million, supported by a 2025 global M&A tally that exceeded $5 trillion.
- PNC completed its $4.1 billion acquisition of FirstBank this month, expanding its presence in Colorado and Arizona.
- Management projects 2026 growth with guidance for roughly 11% higher total revenue, about 14% net interest income growth and positive operating leverage of around 400 basis points.