PNC Financial Services Group, Inc. (The) (PNC) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Greetings and welcome to the PNC Financial Services Group Q1 2026 Earnings Conference Call. At this time, all participants are in a listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. Please note that this conference is being recorded. I will now turn the conference over to Brian Gill, Executive VP and Director of Investor Relations. Thank you, Brian. You may begin. Well, good morning. Welcome to today's conference call for the PNC Financial Services Group. I am Brian Gill, the Director of Investor Relations for PNC, and participating on this call are PNC's Chairman and CEO, Bill Domchek, and Rob Riley, Executive Vice President and CFO. Today's presentation contains forward-looking information. Questionary statements about this information, as well as reconciliations of non-GAAP measures, are included in today's earnings release materials, as well as our SEC filings and other investor materials. These are all available on our corporate website, pnc.com under investor relations. These statements speak only as of April 15th, 2026, and PNC undertakes no obligation to update them. Now I'd like to turn the call over to Bill. Thank you, Brian, and good morning, everyone. As you've seen, we're off to a really strong start this year. We achieved a great deal this quarter, and we continue to build upon the strength of our franchise. As you know, we completed the acquisition of First Bank early in the quarter, and we're well on our way to a mid-June conversion. Our financial performance was solid. Organic loan growth hit a three-year high. Net interest margin expanded meaningfully, and we had 13% year-over-year fee income growth....