Filing Flows › PNC Financial Services Group (PNC) › Q2 2026
PNC Financial Services Group (PNC) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
PNC Financial Services Group (PNC) reported revenue of $6.9B for the second quarter 2026 (Q2 2026), +21% from a year earlier and +12% from the quarter before. Operating margin was 37.6%, net earnings $2.0B (29.7% of revenue).
PNC Financial Services Group, Q2 2026: revenue $6.9B (+21% year over year), operating margin 37.6%, net earnings $2.0B, operating cash flow $2.1B. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.9B | +12% | +21% |
| Operating profit | $2.6B | +18% | +28% |
| Net earnings | $2.0B | +22% | +25% |
| Operating cash flow | $2.1B | +11% | +45% |
What changed
Revenue was $6.9B in Q2 2026, up 21% year over year and up 12% from the previous quarter.
Operating profit was $2.6B, a 37.6% margin (up 1.9 points year over year). Of the extra revenue versus Q2 2025, 46% reached operating profit, above the 36% margin then. Total costs grew 18% against revenue growth of 21%. The fastest-growing cost line was Other operating costs (+18%). Net earnings were $2.0B, up 25% year over year. The effective tax rate was 20.5%.
Operating cash flow was $2.1B (up 45% year over year), 104% of net earnings. Non-cash charges added back $0.11B of depreciation and amortization.
Questions
What was PNC Financial Services Group's revenue in the second quarter 2026?
PNC Financial Services Group (PNC) reported revenue of $6.9B for the second quarter 2026 (Q2 2026), +21% from a year earlier and +12% from the quarter before.
Was PNC Financial Services Group profitable in the second quarter 2026?
Operating profit was $2.6B (37.6% of revenue) and net earnings $2.0B.