PNC Bank
PNC Bank reported total assets of $609.8 bn at Q2 2026, up 10.0% on a year earlier, the 8th largest of 497 banks in our US coverage. The CET1 capital ratio at PNC Bank was 11.20%, and the uninsured share of PNC Bank was 44.83%. Source: FDIC Call Reports.
Key takeaways
- Since , PNC Bank has taken over 2 institutions; the latest was FirstBank on (FDIC Call Reports).
- On noncurrent loans to total loans, PNC Bank climbed from 368th to 292nd among 500 US banks between and (1 = lowest; FDIC Call Reports).
- PNC Bank reports one of the lowest common equity tier 1 (CET1) ratio readings among banks of over $100 bn: 11.20% at , where the median of the 32 banks is 13.06% (FDIC Call Reports).
What sets PNC Bank apart
How large is PNC Bank?
The balance sheet of PNC Bank at : assets $609.8 bn, deposits $457.8 bn, net loans $364.9 bn (loans equal to 79.70% of deposits). Securities make up 24.7% of total assets at PNC Bank. Since , when PNC Bank held $350.6 bn, its assets grew 73.9%. In the year to , deposits at PNC Bank rose 5.7% while its total assets rose 10.0%. At , PNC Bank employed 56,903 full-time equivalent staff across 2,414 offices, about $10.7 mn of assets per employee and $189.6 mn of deposits per office.
How much funding at PNC Bank is uninsured?
At PNC Bank, uninsured deposits (above the FDIC limit) made up 44.83% of domestic deposits at (+0.55 pp on a year earlier); PNC Bank ranks 140th of 500 on this measure. In dollars, PNC Bank estimated $204.9 bn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $457.8 bn | +5.7% | 8th of 499 |
| Net loans and leases | $364.9 bn | +12.7% | 7th of 500 |
| Loan-to-deposit ratio | 79.70% | +4.96 pp | 348th of 500 |
| Tier 1 leverage ratio | 8.98% | -0.23 pp | 433rd of 500 |
| Total risk-based capital ratio | 12.82% | -0.59 pp | 374th of 448 |
| Net interest margin | 3.15% | +0.17 pp | 378th of 500 |
| Return on assets (ROA) | 1.32% | +0.12 pp | 240th of 500 |
| Efficiency ratio | 59.23% | +0.95 pp | 322nd of 500 (1 = lowest) |
| Unrealized gain/loss on held-to-maturity securities | Loss of $2.9 bn | Narrowed by $407.7 mn | |
| Unrealized gain/loss on available-for-sale securities | Loss of $2.2 bn | Narrowed by $517.0 mn | |
| Noncurrent loans to total loans | 0.74% | -0.10 pp | 292nd of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.24% | -0.01 pp | 370th of 500 (1 = lowest) |
US rank of PNC Bank: 1 = highest unless marked 1 = lowest.
Balance sheet
PNC Bank: assets, deposits and loans
- Total assets $610bn
- Deposits $458bn
- Net loans $365bn
Capital and securities
The CET1 ratio of PNC Bank stood at 11.20% in , -0.66 pp year on year. Low and high at PNC Bank since : 9.30% () to 11.96% (). Equity capital of PNC Bank at : $63.2 bn, or 10.4% of total assets. PNC Bank also reported a total capital ratio of 12.82% for , and a tier 1 leverage ratio of 8.98%.
On held-to-maturity securities, PNC Bank carried an unrealized loss of $2.9 bn at , equal to 4.6% of equity capital. The loss narrowed by $407.7 mn over the year. Its deepest point: $7.4 bn in . The available-for-sale portfolio of PNC Bank showed an unrealized loss of $2.2 bn at ; the loss narrowed by $517.0 mn over the year.
PNC Bank: capital ratios
- Total capital 13%
- CET1 11%
- Tier 1 leverage 9.0%
PNC Bank: unrealized securities gains and losses
- Available for sale -$2.2bn
- Held to maturity -$2.9bn
Profitability and loan quality
For the year to , PNC Bank earned a return on equity of 12.59%; return on assets: 1.32%. Net interest margin at PNC Bank: 3.15%, +0.17 pp in a year. PNC Bank net income: $4.0 bn, up 19.3% year on year. The efficiency ratio of PNC Bank was 59.23%: about 59 cents cost per revenue dollar, against 52 cents at the median peer.
At , noncurrent loans were 0.74% of total loans at PNC Bank; net charge-offs: 0.24% of average loans. Gross loans and leases at PNC Bank: $369.5 bn, up 12.6% in a year.
PNC Bank: profitability
- Return on equity 13%
- Net interest margin 3.2%
- Return on assets 1.3%
Peer group of PNC Bank
The peer group of PNC Bank is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 3 share the charter type of PNC Bank (national bank), 6 sit in the same size group (over $100 bn) and 0 have head offices in Delaware. Against them, PNC Bank shows CET1 ratio 11.20% against a peer median of 13.35%, return on equity 12.59% against a peer median of 13.05% and uninsured deposit share 44.83% against a peer median of 45.07%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Bank USA | State member bank | NY | $758.8 bn | 13.48% | 13.72% | 45.23% | |
| U.S. Bank | National bank | OH | $705.6 bn | 12.91% | 12.38% | 53.09% | |
| Capital One | National bank | VA | $662.2 bn | 13.21% | 11.35% | 20.82% | |
| PNC Bank | National bank | DE | $609.8 bn | 11.20% | 12.59% | 44.83% | |
| Truist Bank | State nonmember bank | NC | $548.3 bn | 12.11% | 10.00% | 44.91% | |
| The Bank of New York Mellon | State member bank | NY | $425.1 bn | 14.56% | 19.63% | 99.26% | |
| Morgan Stanley Bank | National bank | UT | $419.3 bn | 18.25% | 15.33% | 43.96% | |
. FDIC Call Reports.
Last eight quarters
Two years at PNC Bank, to : assets +8.9%, deposits +6.4%, equity +16.4%. Staff 54,333 to 56,903; offices 2,351 to 2,414.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $559.7 bn | $556.1 bn | $549.3 bn | $554.6 bn | $564.0 bn | $568.3 bn | $567.9 bn | $609.8 bn |
| Total deposits | $430.3 bn | $433.6 bn | $429.5 bn | $433.0 bn | $439.7 bn | $450.7 bn | $441.5 bn | $457.8 bn |
| Bank equity capital | $54.3 bn | $53.5 bn | $55.4 bn | $56.7 bn | $57.9 bn | $59.4 bn | $59.4 bn | $63.2 bn |
| CET1 ratio | 11.68% | 11.85% | 11.92% | 11.86% | 11.96% | 11.91% | 11.63% | 11.20% |
| Return on equity (ROE) | 11.76% | 11.95% | 11.82% | 12.02% | 12.34% | 12.79% | 12.59% | 12.59% |
| Uninsured share of domestic deposits | 44.09% | 45.02% | 43.62% | 44.28% | 45.10% | 46.51% | 45.28% | 44.83% |
| Full-time equivalent employees | 54,333 | 54,309 | 54,383 | 54,344 | 54,034 | 54,545 | 57,168 | 56,903 |
| Number of offices | 2,351 | 2,344 | 2,328 | 2,328 | 2,329 | 2,331 | 2,327 | 2,414 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of PNC Bank, oldest first; figures before and after each event are not like for like.
- . Absorbed BBVA USA (FDIC certificate 19048).
- . Absorbed FirstBank (FDIC certificate 18714).
Questions and identifiers
What were the total assets of PNC Bank?
PNC Bank reported $609.8 bn at in its Call Report. That makes PNC Bank the 8th largest of 497 banks in our US coverage.
Is PNC Bank the same as its holding company?
No. This page covers PNC Bank, FDIC certificate 6384; PNC FINL SERVICES GROUP INC (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is PNC Bank profitable?
PNC Bank reported net income of $4.0 bn for the year to ; annualized return on equity: 12.59%. So yes: PNC Bank made a profit over these months.
When is data for PNC Bank next updated?
Figures from PNC Bank for are due after .
Where can I check the figures for PNC Bank?
In the FDIC BankFind Suite record for certificate 6384, and in the Call Reports of PNC Bank (RSSD ID 817824) at the FFIEC Central Data Repository.