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PNC FINANCIAL SERVICES GROUP, INC.

CIK: 713676 SIC: 6021
$13.01B
Net Interest Income
$5.65B
Net Income
62.4%
Efficiency Ratio
2.32%
Net Int. Margin
11.0%
ROE
Financial Statements Annual (10-K)
Showing 10 of 16 annual reports available (2009 - 2024)
Breakdown TTM
(Sep 30, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
Interest Income $25.42B $26.38B $24.31B $15.44B $11.13B $11.31B $13.76B $12.58B $10.81B $9.65B $9.32B
Interest Expense $11.22B $12.88B $10.39B $2.42B $487.00M $1.36B $3.80B $2.86B $1.71B $1.26B $1.04B
Net Interest Income $14.20B $13.50B $13.92B $13.01B $10.65B $9.95B $9.96B $9.72B $9.11B $8.39B $8.28B
Provision for Credit Losses - - - - - - $773.00M $408.00M $441.00M $433.00M $255.00M
Non-Interest Income $8.39B $8.06B $7.57B $8.11B $8.56B $6.96B $7.86B $7.41B $7.22B $6.77B $6.95B
Investment Banking Revenue $1.41B $1.25B $952.00M $1.30B - - - - - - -
Asset Management Fees - - - - - - - - $1.94B $1.52B $1.57B
Other Non-Interest Income $722.00M $711.00M $619.00M $952.00M - - - - - - -
+ Total Revenue $22.59B $21.55B $21.49B $21.12B $19.21B $16.90B $16.84B $17.13B $16.33B $15.16B $15.22B
Revenue Growth % 4.8% 0.3% 1.8% 9.9% 13.7% 0.4% -1.7% 4.9% 7.7% -0.4% nan%
Non-Interest Expense $13.74B $13.52B $14.01B $13.17B $13.00B $10.30B $10.57B $10.30B $10.40B $9.48B $9.46B
Compensation & Benefits $7.61B $7.30B $7.43B $7.24B $7.14B $5.67B $5.65B $5.47B $5.22B $4.84B $4.83B
Occupancy Expense $955.00M $954.00M $982.00M $992.00M $940.00M $826.00M $834.00M $818.00M $868.00M $861.00M $842.00M
Technology & Equipment $1.67B $1.53B $1.41B $1.40B $1.41B $1.18B $1.21B $1.10B $1.06B $974.00M $925.00M
Marketing Expense $389.00M $362.00M $350.00M $355.00M $319.00M $236.00M $301.00M $285.00M $244.00M $247.00M $249.00M
Other Non-Interest Expense $3.12B $3.38B $3.84B $3.18B $3.19B $2.39B $2.58B $2.62B $3.00B $2.55B $2.62B
Income Before Tax $8.06B $7.24B $6.74B $7.47B $6.99B $3.43B $6.48B $6.43B $5.49B $5.25B $5.51B
Income Tax Expense $1.47B $1.29B $1.09B $1.36B $1.26B $426.00M $1.06B $1.08B $102.00M $1.27B $1.36B
+ Net Income $6.59B $5.95B $5.65B $6.11B $5.72B $7.56B $5.42B $5.35B $5.39B $3.98B $4.14B
Net Margin % 29.2% 27.6% 26.3% 28.9% 29.8% 44.7% 32.2% 31.2% 33.0% 26.3% 27.2%
Basic EPS 15.51 13.76 12.80 13.86 12.71 16.99 11.43 10.79 10.49 7.42 7.52
Diluted EPS 15.47 13.74 12.79 13.85 12.70 16.96 11.39 10.71 10.36 7.30 7.39
Breakdown FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
Cash & Due from Banks $6.90B $6.92B $7.04B $8.00B $7.02B $5.06B $5.61B $5.25B $4.88B $4.07B
Interest-Bearing Deposits $39.35B $43.80B $27.32B $74.25B $85.17B $23.41B $10.89B $28.59B $25.71B $30.55B
Fed Funds Sold & Repos - - - - - - - - - $1.37B
Trading Assets - - - - - - - - - $1.73B
Investment Securities - AFS $62.04B $41.78B $44.16B $131.54B $87.36B $69.16B $63.39B - - -
Investment Securities - HTM $77.69B $90.78B $95.17B $1.43B $1.44B $17.66B $19.31B $18.51B $15.84B $14.77B
Loans & Leases (Gross) $316.47B $321.51B $326.02B $288.37B $241.93B $239.84B - - - -
Loans & Leases (Net) $311.98B $316.72B $321.28B $283.50B $236.57B $237.10B $223.62B $217.85B $208.24B $203.97B
Goodwill & Intangibles $10.93B $10.93B $10.99B $10.92B $9.23B $9.23B $9.22B $9.17B $9.10B $9.10B
Other Assets $36.98B $37.90B $38.42B $35.33B $31.00B $32.20B $34.41B $27.89B $27.51B $23.09B
Total Assets $560.04B $561.58B $557.26B $557.19B $466.68B $410.30B $382.31B $380.77B $366.38B $358.49B
Total Deposits $426.74B $421.42B $436.28B $457.28B $365.35B $288.54B $267.84B $265.05B $257.16B $249.00B
Fed Funds Purchased & Repos - - - - - - - - - $1.78B
Long-term Debt $61.67B $72.74B - - - - - - - -
Other Liabilities - - - - - - - - - $3.74B
Total Liabilities $505.57B $510.44B $511.45B $501.46B $412.64B $360.95B $334.55B $333.18B $319.53B $312.51B
Common Stock $2.72B $2.72B $2.71B $2.71B $2.71B $2.71B $2.71B $2.71B $2.71B $2.71B
Retained Earnings $59.28B $56.29B $53.57B $50.23B $46.85B $42.22B $38.92B $35.48B $31.67B $29.04B
Treasury Stock - $19.21B $18.72B $15.11B $14.21B $12.78B $9.45B $6.90B $5.07B $3.37B
AOCI $-6.57B $-7.71B $-10.17B $409.00M $2.77B $799.00M $-725.00M $-148.00M $-265.00M $130.00M
Total Stockholders Equity $54.42B $51.10B $45.77B $55.70B $54.01B $49.31B $47.73B $47.51B $45.70B $44.71B
Total Liabilities & Equity $560.04B $561.58B $557.26B $557.19B $466.68B $410.30B $382.31B $380.77B $366.38B $358.49B
Breakdown TTM
(Sep 30, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
Net Income $8.09B $5.95B $5.65B $6.11B $5.72B $7.56B $5.42B $5.35B $5.39B $3.98B $4.14B
Provision for Credit Losses - - - - - - $773.00M $408.00M $441.00M $433.00M $255.00M
Depreciation & Amortization $699.00M $259.00M $217.00M $651.00M $1.77B $1.50B $1.31B $1.13B $1.12B $1.19B $1.09B
Deferred Taxes $-114.00M $-30.00M $-252.00M $351.00M - - $303.00M $133.00M $-403.00M $326.00M $404.00M
Net Change in Trading Assets $6.15B $-41.00M $767.00M $-433.00M $-671.00M $-957.00M $-560.00M $893.00M $-305.00M $1.17B $-203.00M
Net Change in Loans HFS $1.63B $151.00M $-210.00M $-1.04B $480.00M $372.00M $123.00M $-1.64B $1.15B $935.00M $-393.00M
Operating Cash Flow $5.89B $7.88B $10.11B $9.08B $7.21B $4.66B $7.36B $7.84B $5.58B $3.50B -
Purchases of Securities $30.13B $30.37B $3.81B $25.58B $85.50B $45.36B $23.74B $23.42B $13.61B $19.50B $4.90B
Sales of Securities - - $36.00M $4.14B $26.33B $13.85B $7.75B $7.50B $5.65B $3.46B -
Maturities of Securities $12.28B $6.62B $6.92B $13.32B $30.69B $30.90B $11.97B $9.39B $10.73B $11.06B $7.92B
Net Change in Loans - - - - - - - $7.33B $10.48B $5.94B $3.97B
Acquisitions - - - - $10.51B - $-75.00M - $1.34B - -
Investing Cash Flow $-20.04B $-3.23B $-6.38B $-13.43B $-2.79B $-51.12B $-24.99B $-3.97B $-14.89B $-7.31B -
Preferred Stock Issued - - $1.48B $2.23B $1.48B - - - - $519.00M -
Common Stock Repurchased $2.01B $687.00M $651.00M $3.73B $1.08B $1.62B $3.58B $2.88B $2.45B $2.06B $2.15B
Dividends Paid $4.52B $2.54B $2.46B $2.39B $2.06B $1.98B $1.90B $1.60B $1.27B $1.06B $1.04B
Financing Cash Flow $-11.87B $-9.12B $-3.85B $3.38B $-3.43B $48.42B $17.08B $-3.51B $9.69B $4.62B $10.44B
Net Change in Cash $-26.02B $-4.47B $-122.00M $-961.00M $987.00M $1.96B $-547.00M $359.00M $370.00M - -
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $5.92B $5.43B $17.03B $15.99B
Interest Expense $2.88B $3.41B $8.31B $9.59B
Income Before Tax $2.29B $1.86B $6.16B $5.34B
Income Tax Expense $465.00M $357.00M $1.19B $1.01B
Net Income $1.82B $1.50B $4.96B $4.33B
Basic EPS 4.36 3.50 11.73 9.99
Diluted EPS 4.35 3.49 11.72 9.98
Basic Shares Outstanding $396.00M $399.00M $397.00M $400.00M
Diluted Shares Outstanding $396.00M $400.00M $397.00M $400.00M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Goodwill $10.96B $10.93B
Total Assets $568.77B $560.04B
Long-term Debt $62.34B $61.67B
Total Liabilities $509.73B $505.57B
Common Stock $2.72B $2.72B
Retained Earnings $62.01B $59.28B
Total Stockholders Equity $58.99B $54.42B
Total Liabilities & Equity $568.77B $560.04B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $1.82B $1.50B $4.96B $4.33B
Depreciation & Amortization - - $273.00M $95.00M
Deferred Income Tax - - $-68.00M $-89.00M
Operating Cash Flow - - $3.63B $6.08B
Sales of Investments - - $5.64B $5.05B
Investing Cash Flow - - $-13.51B $-10.37B
Stock Repurchased - - $932.00M $466.00M
Dividends Paid - - $1.96B $1.89B
Financing Cash Flow - - $2.50B $-5.25B
Net Change in Cash - - $-7.38B $-9.54B

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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