PNC FINANCIAL SERVICES GROUP, INC. (PNC) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Low Risk
Limited dilution potential
Last updated: May 05, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 1.76% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
410M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

PNC currently has 405M outstanding shares. with minimal authorized share overhang for future dilution. The company has minimally diluted shareholders by 1.76% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 05, 2026

10-Q filing | 405.0M shares outstanding

410M 0
May 02, 2025

10-Q filing | 398.0M shares outstanding

400M 0
Feb 21, 2025

10-K filing | 399.0M shares outstanding

400M 0
Nov 01, 2024

10-Q filing | 399.0M shares outstanding

400M 0
Oct 30, 2024

8-K filing: The PNC Financial Services Group, Inc. announced the redemption on December 2, 2024 of $500,000,000 of Depositary Shares representing interests in PNC's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series R. ($500.0M proceeds)

400M 0
Aug 02, 2024

10-Q filing | 400.0M shares outstanding

400M 0
May 02, 2024

10-Q filing | 400.0M shares outstanding

400M 0
Apr 16, 2024

8-K filing: William S. Demchak, Chairman and CEO of PNC, plans to sell up to 64,500 shares of PNC stock starting in June 2024 for financial diversification.

400M 0
Feb 21, 2024

10-K filing | 401.0M shares outstanding

400M 0
Nov 02, 2023

10-Q filing | 400.0M shares outstanding

400M 0
Oct 02, 2023

8-K filing: On October 2, 2023, The PNC Financial Services Group, Inc. announced the redemption on November 1, 2023 of $1,000,000,000 of Depositary Shares representing interests in PNC's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series O. ($1000.0M proceeds)

400M 0
Aug 02, 2023

10-Q filing | 401.0M shares outstanding

400M 0
May 02, 2023

10-Q filing | 401.0M shares outstanding

400M 0
Feb 22, 2023

10-K filing | 412.0M shares outstanding

410M 0
Feb 07, 2023

8-K filing: The PNC Financial Services Group, Inc. completed a public offering of 1,500,000 Depositary Shares representing ownership in a newly authorized Series W Preferred Stock, with each share having a liquidation preference of $100,000 and non-cumulative cash dividends.

410M 0
Nov 02, 2022

10-Q filing | 410.0M shares outstanding

410M 0
Sep 30, 2022

8-K filing: The PNC Financial Services Group, Inc. announced the redemption on November 1, 2022 of $1,500,000,000 of Depositary Shares representing interests in PNC's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series P. ($1500.0M proceeds)

410M 0
Aug 19, 2022

8-K filing: The PNC Financial Services Group, Inc. closed a public offering of 1,250,000 Depositary Shares, each representing a 1/100th ownership interest in a share of the Series V Preferred Stock.

410M 0
Aug 02, 2022

10-Q filing | 414.0M shares outstanding

410M 0
May 04, 2022

10-Q filing | 420.0M shares outstanding

420M 0
Apr 26, 2022

8-K filing: The PNC Financial Services Group, Inc. filed a statement establishing the rights of a new series of preferred stock, Series U, and closed a public offering of 1,000,000 Depositary Shares representing ownership in the Series U Preferred Stock.

430M 0
Feb 25, 2022

10-K filing | 426.0M shares outstanding

430M 0
Nov 03, 2021

10-Q filing | 426.0M shares outstanding

430M 0
Sep 13, 2021

8-K filing: The PNC Financial Services Group, Inc. closed a public offering of 1,500,000 Depositary Shares, each representing a 1/100th ownership interest in a share of the Series T Preferred Stock.

430M 0
Aug 06, 2021

10-Q filing | 427.0M shares outstanding

430M 0
May 05, 2021

10-Q filing | 426.0M shares outstanding

430M 0
Feb 26, 2021

10-K filing | 427.0M shares outstanding

430M 0
Nov 03, 2020

10-Q filing | 426.0M shares outstanding

430M 0
Aug 04, 2020

8-K filing: PNC Bancorp completed the sale of 31,628,573 shares of BlackRock common stock and BlackRock repurchased 2,650,857 shares of Common Stock from PNC Bancorp, resulting in PNC Bancorp receiving approximately $14.2 billion in cash. ($14200.0M proceeds)

430M 0
Aug 04, 2020

10-Q filing | 426.0M shares outstanding

430M 0
May 15, 2020

8-K filing: PNC Bancorp sold 28,753,248 shares of BlackRock common stock to underwriters in a secondary offering and BlackRock repurchased 2,650,857 shares of its common stock from PNC Bancorp. ($1100.0M proceeds)

430M 0
May 05, 2020

10-Q filing | 429.0M shares outstanding

430M 0
Mar 02, 2020

10-K filing | 447.0M shares outstanding

450M 0
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