PNC - Dividend announcements

PITTSBURGH, April 2, 2026 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE:PNC) declared a quarterly cash dividend on the common stock of $1.70 per share. The dividend will be payable May 5, 2026, to shareholders of record at the close of business April 14, 2026.The board also declared a cash dividend to shareholders of record on the following series of preferred stocks, which will be payable to shareholders of record as of the close of business on each related record date. The preferred stocks listed below (except for Preferred Series B and X) are each represented by 100 depositary shares:PreferredSeriesDividend Amount (per Preferred Share)Dividend Amou

PITTSBURGH and LAKEWOOD, Colo., Jan. 5, 2026 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE:PNC) today announced that it has completed its acquisition of FirstBank Holding Company, including its banking subsidiary, FirstBank, following receipt of all required regulatory approvals and satisfaction of customary closing conditions. The transaction further advances PNC's strategic growth strategy and expands the bank's presence across high-growth communities in Colorado and Arizona. "Today's legal close is more than a milestone, it's the beginning of a partnership built on shared values and a vision for growth," said William S. Demchak, chairman and chief executive officer of PNC.

PITTSBURGH, Jan. 5, 2026 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE:PNC) declared a quarterly cash dividend on the common stock of $1.70 per share. The dividend will be payable Feb. 5, 2026, to shareholders of record at the close of business Jan. 20, 2026. The board also declared a cash dividend to shareholders of record on the following series of preferred stocks, which will be payable to shareholders of record as of the close of business on each related record date. The preferred stocks listed below (except for Preferred Series B) are each represented by 100 depositary shares: Preferred Series Dividend Amount(per Preferred Share) Dividend Amount

PITTSBURGH and LAKEWOOD, Colo., Dec. 12, 2025 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE:PNC) today announced that it has received the regulatory approvals required to complete its previously announced acquisition of FirstBank Holding Company, including its banking subsidiary, FirstBank. Regulatory approvals have been received from the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency and the Colorado Division of Banking. PNC expects the transaction to close on or about Jan. 5, 2026, subject to the satisfaction of customary closing conditions. "Final regulatory approval of this acquisition marks an important milestone for PNC as

PITTSBURGH, Oct. 2, 2025 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE:PNC) declared a quarterly cash dividend on the common stock of $1.70 per share. The dividend will be payable Nov. 5, 2025, to shareholders of record at the close of business Oct. 14, 2025. The board also declared a cash dividend on the following series of preferred stocks: Series B: a quarterly dividend of 45 cents per share will be payable Dec. 10, 2025, to shareholders of record at the close of business Nov. 14, 2025.Series S: a semi-annual dividend of $2,500.00 per share ($25.00 per each depositary share, 100 of which represent one share of Series S preferred stock) with a payme

Acquisition bolsters PNC's national presence in high-growth markets PITTSBURGH and LAKEWOOD, Colo., Sept. 8, 2025 /PRNewswire/ --The PNC Financial Services Group, Inc. (NYSE:PNC) today announced a definitive agreement to acquire FirstBank Holding Company, including its banking subsidiary FirstBank, headquartered in Lakewood, CO. FirstBank, with $26.8 billion in assets as of June 30, 2025, provides commercial and retail banking services across Colorado and Arizona. FirstBank operates 95 branches, with a leading position in Colorado and a substantial presence in Arizona. The addition of FirstBank's strong presence in these fast-growing markets will reinforce PNC as a leading national bank in t

PITTSBURGH, July 3, 2025 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE:PNC) declared a quarterly cash dividend on the common stock of $1.70 per share, an increase of $0.10 cents per share, or 6%, from the second quarter dividend of $1.60 per share. The dividend will be payable Aug. 5, 2025, to shareholders of record at the close of business July 15, 2025. "The increase in our dividend reflects our continued financial strength and our board's confidence in our strategy and outlook," said William S. Demchak, PNC chairman and chief executive officer. The board also declared a cash dividend on the following series of preferred stocks: Series B: a quarterl

PITTSBURGH, July 1, 2025 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE:PNC) last week received the results of the Federal Reserve's 2025 Comprehensive Capital Analysis and Review (CCAR). The Federal Reserve's CCAR disclosure included its estimate of PNC's minimum capital ratios for the period from the first quarter of 2025 through the first quarter of 2027 under the hypothetical Supervisory Severely Adverse scenario. Based on PNC's strong results, PNC's calculated Stress Capital Buffer (SCB) for the four-quarter period beginning Oct. 1, 2025 under the rules currently in effect is 1.5%, which is below the regulatory minimum SCB amount, resulting in an SCB of 2.5%. This is consi

PITTSBURGH, April 3, 2025 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE:PNC) declared a quarterly cash dividend on the common stock of $1.60 per share. The dividend will be payable May 5, 2025, to shareholders of record at the close of business April 16, 2025. The board also declared a cash dividend on the following series of preferred stocks: Series B: a quarterly dividend of 45 cents per share will be payable June 10, 2025, to shareholders of record at the close of business May 16, 2025.Series S: a semi-annual dividend of $2,500.00 per share ($25.00 per each depositary share, 100 of which represent one share of Series S preferred stock) will be paya

PITTSBURGH, Jan. 3, 2025 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE:PNC) declared a quarterly cash dividend on the common stock of $1.60 per share. The dividend will be payable Feb. 5, 2025, to shareholders of record at the close of business Jan. 15, 2025. The board also declared a cash dividend on the following series of preferred stocks: Series B: a quarterly dividend of 45 cents per share will be payable March 10, 2025, to shareholders of record at the close of business Feb. 14, 2025.Series T: a quarterly dividend of $850.00 per share ($8.50 per each depositary share, 100 of which represent one share of Series T preferred stock) with a payment d

PITTSBURGH, Oct. 30, 2024 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE:PNC) today announced the redemption on Dec. 2, 2024, of $500,000,000 of Depositary Shares (CUSIP: 693475AM7) (the "Depositary Shares") representing interests in PNC's Fixed-To-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series R (the "Series R Preferred Stock"). Each Depositary Share represents a 1/100th interest in a share of the Series R Preferred Stock. All 500,000 Depositary Shares currently outstanding will be redeemed. The Depositary Shares will be redeemed at a redemption price of $1,000 per Depositary Share. Such redemption price does not include the regular quarterly dividend on the De

PITTSBURGH, Oct. 3, 2024 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE:PNC) declared a quarterly cash dividend on the common stock of $1.60 per share. The dividend will be payable Nov. 5, 2024, to shareholders of record at the close of business Oct. 16, 2024. The board also declared a cash dividend on the following series of preferred stocks: Series B: a quarterly dividend of 45 cents per share will be payable Dec. 10, 2024, to shareholders of record at the close of business Nov. 15, 2024.Series R: a quarterly dividend of $2,102.43 per share ($21.0243 per each depositary share, 100 of which represent one share of Series R preferred stock) at a quarter

PITTSBURGH, July 2, 2024 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE:PNC) declared a quarterly cash dividend on the common stock of $1.60 per share, an increase of $0.05 cents per share, or 3%, from the second quarter dividend of $1.55 per share. The dividend will be payable Aug. 5, 2024, to shareholders of record at the close of business July 15, 2024. "The increase in our dividend reflects our continued financial strength and our board's confidence in our strategy and outlook," said William S. Demchak, PNC chairman and chief executive officer. The board also declared a cash dividend on the following series of preferred stocks: Series B: a quarterl

PITTSBURGH, June 28, 2024 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE:PNC) announced today the results of its biennial company-run stress test conducted in accordance with regulations of the Board of Governors of the Federal Reserve System (Federal Reserve) and the Office of the Comptroller of the Currency (OCC) under the Dodd-Frank Wall Street Reform and Consumer Protection Act. These company-run stress tests are designed to help assess whether banking organizations have sufficient capital to absorb losses and support operations during hypothetical severely adverse economic conditions over a nine-quarter projection period. The projection period for the 2024 test covers Jan.

PITTSBURGH, June 28, 2024 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE:PNC) this week received the results of the Federal Reserve's 2024 Comprehensive Capital Analysis and Review (CCAR). The Federal Reserve's CCAR disclosure included its estimate of PNC's minimum capital ratios for the period from the first quarter of 2024 through the first quarter of 2026 under the hypothetical Supervisory Severely Adverse scenario. Based on PNC's strong results, PNC's calculated Stress Capital Buffer (SCB) for the four-quarter period beginning Oct. 1, 2024 is 2.2%, which is below the regulatory minimum SCB amount, resulting in an SCB of 2.5%. This is consistent with PNC's SCB in effect thro

PITTSBURGH, April 3, 2024 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE:PNC) declared a quarterly cash dividend on the common stock of $1.55 per share. The dividend, with a payment date of May 5, 2024, will be payable the next business day to shareholders of record at the close of business April 15, 2024. The board also declared a cash dividend on the following series of preferred stocks: Series B: a quarterly dividend of 45 cents per share will be payable June 10, 2024, to shareholders of record at the close of business May 17, 2024.Series R: a quarterly dividend of $2,208.73 per share ($22.0873 per each depositary share, 100 of which represent one s

PITTSBURGH, Jan. 4, 2024 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE:PNC) declared a quarterly cash dividend on the common stock of $1.55 per share. The dividend will be payable Feb. 5, 2024, to shareholders of record at the close of business Jan. 16, 2024. The board also declared a cash dividend on the following series of preferred stocks: Series B: a quarterly dividend of 45 cents per share, with a payment date of March 10, 2024, will be payable the next business day to shareholders of record at the close of business Feb. 16, 2024.Series R: a quarterly dividend of $2,193.78 per share ($21.9378 per each depositary share, 100 of which represent one

PITTSBURGH, Oct. 2, 2023 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE:PNC) today announced the redemption on Nov. 1, 2023, of $1,000,000,000 of Depositary Shares (CUSIP: 693475AK1) (the "Depositary Shares") representing interests in PNC's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series O (the "Series O Preferred Stock"). Each Depositary Share represents a 1/100th interest in a share of the Series O Preferred Stock. All 1,000,000 Depositary Shares currently outstanding will be redeemed.  The Depositary Shares will be redeemed at a redemption price of $1,000 per Depositary Share. Such redemption price does not include the regular quarterly dividend on th

PITTSBURGH, Oct. 2, 2023 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE:PNC) declared a quarterly cash dividend on the common stock of $1.55 per share. The dividend, with a payment date of Nov. 5, 2023, will be payable the next business day to shareholders of record at the close of business Oct. 17, 2023. The board also declared a cash dividend on the following series of preferred stocks: Series B: a quarterly dividend of 45 cents per share, with a payment date of Dec. 10, 2023, will be payable the next business day to shareholders of record at the close of business Nov. 17, 2023.Series O: a quarterly dividend of $2,379.61 per share ($23.7961 per each

PITTSBURGH, July 3, 2023 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE:PNC) last week received the results of the Federal Reserve's 2023 Comprehensive Capital Analysis and Review (CCAR). The Federal Reserve's CCAR disclosure included its estimate of PNC's minimum capital ratios for the period from the first quarter of 2023 through the first quarter of 2025 under the hypothetical Supervisory Severely Adverse scenario. Based on PNC's strong results, PNC's calculated Stress Capital Buffer (SCB) for the four-quarter period beginning Oct. 1, 2023 is below the 2.5% regulatory floor and minimum SCB amount, resulting in an SCB established at the 2.5% floor. This is a decrease from the

PITTSBURGH, July 3, 2023 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE:PNC) declared a quarterly cash dividend on the common stock of $1.55 per share, an increase of $0.05 cents per share, or 3%, from the second quarter dividend of $1.50 per share. The dividend, with a payment date of Aug. 5, 2023, will be payable the next business day to shareholders of record at the close of business July 17, 2023. "The increase in our dividend reflects the continued strength of our capital and liquidity levels, and our board's confidence in our strategy and outlook," said William S. Demchak, PNC chairman, president and chief executive officer. The board also declar

PITTSBURGH, April 3, 2023 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE:PNC) declared a quarterly cash dividend on the common stock of $1.50 per share. The dividend will be payable May 5, 2023, to shareholders of record at the close of business April 18, 2023. The board also declared a cash dividend on the following series of preferred stocks: Series B: a quarterly dividend of 45 cents per share, with a payment date of June 10, 2023, will be payable the next business day to shareholders of record at the close of business May 19, 2023.Series O: a quarterly dividend of $2,099.30 per share ($20.9930 per each depositary share, 100 of which represent one s

PITTSBURGH, Jan. 4, 2023 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE:PNC) declared a quarterly cash dividend on the common stock of $1.50 per share. The dividend, with a payment date of Feb. 5, 2023, will be payable the next business day to shareholders of record at the close of business Jan. 17, 2023. The board also declared a cash dividend on the following series of preferred stocks: Series B: a quarterly dividend of 45 cents per share will be payable March 10, 2023, to shareholders of record at the close of business Feb. 17, 2023.Series O: a quarterly dividend of $2,074.49 per share ($20.7449 per each depositary share, 100 of which represent one

PITTSBURGH, Oct. 3, 2022 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE:PNC) declared a quarterly cash dividend on the common stock of $1.50 per share. The dividend, with a payment date of Nov. 5, 2022, will be payable the next business day to shareholders of record at the close of business Oct. 17, 2022. The board also declared a cash dividend on the following series of preferred stocks: Series B: a quarterly dividend of 45 cents per share, with a payment date of Dec. 10, 2022, will be payable the next business day to shareholders of record at the close of business Nov. 18, 2022.Series O: a quarterly dividend of $1,650.96 per share ($16.5096 per each

PITTSBURGH, Sept. 30, 2022 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE:PNC) today announced the redemption on Nov. 1, 2022, of $1,500,000,000 of Depositary Shares (CUSIP: 693475857) (the "Depositary Shares") representing interests in PNC's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series P (the "Series P Preferred Stock"). Each Depositary Share represents a 1/4,000th interest in a share of the Series P Preferred Stock. All 60,000,000 Depositary Shares currently outstanding will be redeemed.  The Depositary Shares will be redeemed at a redemption price of $25.00 per Depositary Share plus declared and unpaid dividends of $0.43763 per Depositary Share, re

PITTSBURGH, July 1, 2022 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE:PNC) declared a quarterly cash dividend on the common stock of $1.50 per share. The dividend will be payable Aug. 5, 2022, to shareholders of record at the close of business July 13, 2022. The board also declared a cash dividend on the following series of preferred stocks: Series B: a quarterly dividend of 45 cents per share, with a payment date of Sept. 10, 2022, will be payable the next business day to shareholders of record at the close of business Aug. 19, 2022.S

PITTSBURGH, June 27, 2022 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE:PNC) last week received the results of the Federal Reserve's 2022 Comprehensive Capital Analysis and Review (CCAR).  The Federal Reserve's CCAR disclosure included its estimate of PNC's minimum capital ratios for the period from the first quarter of 2022 through the first quarter of 2024 under the hypothetical Supervisory Severely Adverse scenario.  Based on PNC's strong results, PNC's Stress Capital Buffer (SCB) for the four-quarter period beginning Oct. 1, 2022 is 2.9%.  PNC's Common Equity Tier 1 (CET1) ratio significantly exceeds the regulatory minimum (4.5%) plus our SCB, reflecting our strong capital

PITTSBURGH, June 23, 2022 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE:PNC) announced today the results of its biennial company-run stress test conducted in accordance with regulations of the Board of Governors of the Federal Reserve System (Federal Reserve) and the Office of the Comptroller of the Currency (OCC) under the Dodd-Frank Wall Street Reform and Consumer Protection Act. These company-run stress tests are designed to help assess whether banking organizations have sufficient capital to absorb losses and support operations during hypothetical severely adverse economic conditions over a nine-quarter projection period. The projection period for the 2022 test covers Jan.

PITTSBURGH, April 1, 2022 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE:PNC) declared a quarterly cash dividend on the common stock of $1.50 per share, an increase of 25 cents per share, or 20%, from the fourth quarter dividend of $1.25 per share. The dividend will be payable May 5, 2022 to shareholders of record at the close of business April 13, 2022. "The significant increase in our dividend is reflective of PNC's financial performance, strong capital levels and our board's confidence in our business model and strategies," said Willi

PITTSBURGH, Jan. 5, 2022 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE:PNC) declared a quarterly cash dividend on the common stock of $1.25 per share. The dividend, with a payment date of Feb. 5, 2022, will be payable the next business day to shareholders of record at the close of business Jan. 18, 2022. The board also declared a cash dividend on the following series of preferred stocks: Series B: a quarterly dividend of 45 cents per share will be payable March 10, 2022, to shareholders of record at the close of business Feb. 11, 2022. Series O: a quarterly dividend of $973.57 per share ($9.7357 per each depositary share, 100 of which represent one sh

PITTSBURGH, July 1, 2021 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE:PNC) declared a quarterly cash dividend on the common stock of $1.25 per share, an increase of $0.10 per share, or 9%, from the second quarter dividend of $1.15 per share. The dividend will be payable Aug. 5, 2021, to shareholders of record at the close of business July 16, 2021. The board also declared a cash dividend on the following series of preferred stocks: Series B: a quarterly dividend of 45 cents per share will be payable Sept. 10, 2021, to shareholders of record at the close of business Aug. 20, 2021. Series O: a semi-annual dividend of $3,375.00 per share ($33.75 per eac

PITTSBURGH, June 28, 2021 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE:PNC) last week received the results of the Federal Reserve's 2021 Comprehensive Capital Analysis and Review (CCAR). The results included the Federal Reserve's estimate of PNC's minimum capital ratios for the period from the first quarter of 2021, through the first quarter of 2023, under the Supervisory Severely Adverse Scenario. Based on its strong results, PNC's Stress Capital Buffer (SCB) for the four-quarter period beginning Oct. 1, 2021, applicable to PNC inclusive of the BBVA USA acquisition, is 2.5%, which is the regulatory floor and the minimum SCB amount. PNC's Common Equity Tier 1 (CET1) ratio sig

PITTSBURGH, April 16, 2021 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE:PNC) today reported: For the quarter In millions, except per share data and as noted 1Q21 4Q20 1Q20 First Quarter Highlights Financial Results   ▪  5% linked quarter positive operating leverage, driven by modest revenue growth and lower expenses  ▪  Significant provision recapture reflecting improved macroeconomic expectations  ▪  NIM contracted 5 basis points linked quarter, reflecting the impact of higher balances held at the Federal Reserve  ▪  Average loans declined 3% linked quarter primarily due to lower utilization and originations ▪  Average deposits grew 2% on a linked quarter basis – Loan to

PITTSBURGH, April 1, 2021 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of $1.15 per share. The dividend will be payable May 5, 2021, to shareholders of record at the close of business April 16, 2021. The board also declared a cash dividend on the following series of preferred stocks: Series B: a quarterly dividend of 45 cents per share will be payable June 10, 2021, to shareholders of record at the close of business May 14, 2021. Series P: a quarterly dividend of $1,531.25 per share ($.3828125 per each depositary share, 4,000 of which represent one share of Series P preferred stock) with