PNC reported a strong full-year 2025 with record revenue and significant EPS growth, driven by solid performance across its business lines and the successful integration of FirstBank.
Record revenue of $23.1 billion for the full year 2025, up 7% year-over-year.
positiveFull-year 2025 diluted EPS of $16.59, a 21% increase compared to 2024.
positiveFourth quarter revenue of $6.1 billion increased 3% sequentially and 9% year-over-year.
positiveNet interest income increased 6% year-over-year for the fourth quarter, driven by loan growth and asset repricing.
positiveFee income increased 14% year-over-year for the fourth quarter, driven by strong capital markets and advisory activity.
positiveEfficiency ratio improved to 60% for the full year 2025 from 63% in 2024.
positiveAverage deposits grew 3% year-over-year in the fourth quarter.
positiveCompleted the acquisition of FirstBank on January 5, 2026, adding $26 billion in assets.
positiveNoninterest expense increased 4% sequentially in Q4 2025, driven by increased business activity and seasonality.
attentionDelinquencies increased 17% sequentially in Q4 2025, primarily due to higher commercial and consumer loan delinquencies.
attentionNet loan charge-offs were $162 million in Q4 2025, representing 0.20% annualized to average loans.
attentionResidential and commercial mortgage revenue decreased 8% sequentially in Q4 2025.
attentionMargin metrics will be available once backend extracts data from insights_json
| Segment | Current | Prior Yr | YoY | % Total |
|---|---|---|---|---|
Retail Banking | N/A | — | +15.0% | — |
Corporate & Institutional Banking | N/A | — | +11.0% | — |
Asset Management Group | N/A | — | +27.0% | — |
Other | N/A | — | — | — |
| Total Revenue | $0.00M | — | — | 100.0% |
Segment performance shows business unit health and growth drivers.
Special items are non-recurring events that may distort period-over-period comparisons. Analysts typically adjust for these when calculating normalized earnings.
2025 was a successful year with record revenue, well-controlled expenses, and 21% EPS growth.
Entering 2026 with great momentum and excited about opportunities, including the FirstBank acquisition.
PNC's baseline forecast anticipates continued economic expansion but slower growth in 2026 than in 2024 and 2025.
Commentary excerpts from earnings call transcripts provide management's perspective on performance, strategy, and outlook. Always review full transcripts for complete context.
Operational metrics provide insight into business drivers and customer engagement beyond traditional financial measures.