PNC Plans 18% Dividend Rise to $2.00 and Reports 10.1% CET1 Ratio
PNC•PNC will recommend an 18% increase in its quarterly dividend to $2.00 per share for Q3 2026, with the board set to vote on July 6. Its CET1 ratio reached 10.1% as of March 31, exceeding the 7.0% requirement and reflecting only a 0.3% capital depletion under CCAR’s severely adverse stress test.
1. Dividend Increase Recommendation
PNC plans to recommend an 18% rise in its quarterly cash dividend to $2.00 per share in Q3 2026. The board will review this recommendation on July 6, aligning with its current capital plan.
2. CCAR Stress Test Performance
Under the Federal Reserve’s 2026 Comprehensive Capital Analysis and Review, PNC showed a CET1 depletion of just 0.3% under the Supervisory Severely Adverse scenario, marking the strongest performance among its peer group.
3. Capital Ratios and SCB Context
As of March 31, 2026, PNC’s CET1 ratio stood at 10.1%, well above the 7.0% requirement (4.5% minimum plus 2.5% stress capital buffer), reflecting robust capital levels until the next stress test in 2027.
