PNC FINANCIAL SERVICES GROUP, INC.
For the period ended Jun 30, 2026. Filed Aug 5, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Aug 5, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Noninterest Expense
Table 5: Noninterest Expense
| Three months ended · Six months ended | ||||||||
|---|---|---|---|---|---|---|---|---|
| June 30 · March 31 · Change · June 30 · June 30 · Change | ||||||||
| Dollars in millions | 2026 | 2026 | $ | % | 2026 | 2025 | $ | % |
| Noninterest expense | ||||||||
| Personnel | $2,273 | $2,106 | $167 | 8% | $4,379 | $3,779 | $600 | 16% |
| Occupancy | 252 | 262 | (10) | (4)% | 514 | 480 | 34 | 7% |
| Equipment | 435 | 415 | 20 | 5% | 850 | 778 | 72 | 9% |
| Marketing | 110 | 87 | 23 | 26% | 197 | 184 | 13 | 7% |
| Other | 1,028 | 898 | 130 | 14% | 1,926 | 1,549 | 377 | 24% |
| Total noninterest expense | $4,098 | $3,768 | $330 | 9% | $7,866 | $6,770 | $1,096 | 16% |
Noninterest expense increased compared to the first quarter of 2026 and included higher personnel costs as a result of increased business activity as well as second quarter of 2026 integration expenses related to the FirstBank acquisition of $121 million and a PNC Foundation contribution expense of $140 million pre-tax. The first quarter of 2026 included $97 million of FirstBank integration expenses.
Compared to the first six months of 2025, noninterest expense increased reflecting FirstBank operating expenses, higher personnel costs as a result of increased business activity and $218 million of integration expenses related to the FirstBank acquisition, as well as a $140 million pre-tax expense related to a PNC Foundation contribution.
Effective Income Tax Rate
The effective income tax rate was 20.5% for the second quarter of 2026 compared to 19.0% for the first quarter of 2026 and 19.8% for the first six months of 2026 compared to 18.8% for the first six months of 2025.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.