PNC(PNC) - 2025 Q2 - Quarterly Report
PNC(US:PNC)2025-08-01 17:16Share Repurchase - In Q2 2025, PNC repurchased a total of 1,984 thousand shares at an average price of $169.25 per share[512] - As of June 30, 2025, approximately 39% of the authorized repurchase program of up to 100 million common shares remained available[513] - Share repurchase activity in Q3 2025 is expected to be consistent with Q2 levels, approximating $300 million to $400 million[513] Capital and Dividends - PNC's stress capital buffer (SCB) will remain at the regulatory minimum of 2.5% for the four-quarter period beginning October 1, 2025[513] - The company intends to continue its policy of paying quarterly cash dividends, subject to economic conditions and regulatory limitations[528]