PNC Financial Services Group (PNC)
NYSE: PNC · National Commercial Banks · Pittsburgh, PA · filing with the SEC since 1994
Grade6.0
◀ Past 6.9● Present 5.9▶ Future 4.6
Income statement, as filed
In millions of US dollars (USD), as filed; per-share figures in US dollars; share counts in millions. The fiscal year ends in December.| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Period ending | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
| Report filed | Feb 20, 2026 | Feb 21, 2025 | Feb 21, 2024 | Feb 22, 2023 | Feb 25, 2022 | Feb 26, 2021 | Mar 2, 2020 | Mar 1, 2019 | Feb 28, 2018 | Feb 28, 2017 |
| Revenue | 23,099 | 21,555 | 21,490 | 21,120 | 19,211 | 16,901 | 16,839 | 16,190r | 16,329 | 15,162 |
| For lenders | ||||||||||
| Interest and dividend income | 25,307 | 26,384 | 24,308 | 15,436 | 11,134 | 11,307 | 13,762 | 12,582 | 10,814 | 9,652 |
| Interest expense on deposits and borrowings | 10,897 | 12,885 | 10,392 | 2,422 | · | · | · | · | · | · |
| Net interest income | 14,410 | 13,499 | 13,916 | 13,014 | 10,647 | 9,946 | 9,965 | 9,721 | 9,108 | 8,391 |
| Provision for credit losses | · | · | · | · | -887 | 2,985 | 773 | 408 | 441 | 433 |
| Net interest income after provision | · | · | · | · | · | · | 9,200 | 9,300 | 8,700 | 8,000 |
| Noninterest income | 8,689 | 8,056 | 7,574 | 8,106 | 8,564 | 6,955 | 6,874r | 6,469r | 7,221 | 6,771 |
| Noninterest expense | 13,834 | 13,524 | 14,012 | 13,170 | 13,002 | 10,297 | 10,574 | 10,296 | 10,398 | 9,476 |
| Interest expense | · | · | 10,392 | 2,422 | 487 | 1,361 | 3,797 | 2,861 | 1,706 | 1,261 |
| Share of profit of equity-method investments | · | · | · | · | · | · | 531 | 525 | 727 | 361 |
| Income before income taxes | 8,486 | 7,242 | 6,736 | 7,473 | 6,988 | 3,429 | 5,492r | 5,486r | 5,490 | 5,253 |
| Income tax expense | 1,489 | 1,289 | 1,089 | 1,360 | 1,263 | 426 | 901r | 928r | 102 | 1,268 |
| Income from continuing operations | · | · | 5,578 | 6,041 | 5,674 | 2,962 | 4,542 | 4,513 | · | · |
| Income from discontinued operations | · | · | · | · | · | 4,555 | 827 | 788 | · | · |
| Net income including non-controlling interests | 6,997 | 5,953 | 5,647 | 6,113 | 5,725 | 7,558 | 5,418 | 5,346 | 5,388 | 3,985 |
| Net income to non-controlling interests | 61 | 64 | 69 | 72 | 51 | · | 49 | 45 | 50 | 82 |
| Preferred dividends | 308 | 352 | 417 | 301 | · | · | · | · | · | · |
| Net income to common shareholders | 6,576 | 5,496 | 5,126 | 5,708 | 5,409 | 2,716 | 4,284r | 4,255r | 5,053 | 3,662 |
| Earnings per share, basic | 16.60 | 13.76 | 12.80 | 13.86 | 12.71 | 16.99 | 11.43 | 10.79 | 10.49 | 7.42 |
| Earnings per share, diluted | 16.59 | 13.74 | 12.79 | 13.85 | 12.70 | 16.96 | 11.39 | 10.71 | 10.36 | 7.30 |
| Weighted average shares, basic | 396 | 399 | 401 | 412 | 426 | 427 | 447 | 467 | 481 | 494 |
| Weighted average shares, diluted | 396 | 400 | 401 | 412 | 426 | 427 | 448 | 470 | 486 | 500 |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:RevenuesInterest and dividend income what its loans and securities earned
us-gaap:InterestAndDividendIncomeOperatingInterest expense on deposits and borrowings what it paid for the money it lends
us-gaap:InterestExpenseOperatingNet interest income interest earned less interest paid
us-gaap:InterestIncomeExpenseNetProvision for credit losses set aside for loans that may not be repaid
us-gaap:ProvisionForLoanLossesExpensed
us-gaap:ProvisionForLoanLeaseAndOtherLossesNet interest income after provision interest income left after the provision
us-gaap:InterestIncomeExpenseAfterProvisionForLoanLossNoninterest income fees and other income that is not interest
us-gaap:NoninterestIncomeNoninterest expense salaries, buildings and the other costs of running the bank
us-gaap:NoninterestExpenseInterest expense what its borrowing cost
us-gaap:InterestExpenseShare of profit of equity-method investments its share of companies it partly owns
us-gaap:IncomeLossFromEquityMethodInvestmentsIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterestIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitIncome from continuing operations profit from the businesses it keeps
us-gaap:IncomeLossFromContinuingOperationsIncome from discontinued operations profit or loss from businesses it sold or closed
us-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntityNet income including non-controlling interests the whole group's profit, minority holders' share included
us-gaap:ProfitLossNet income to non-controlling interests the share that belongs to minority holders
us-gaap:NetIncomeLossAttributableToNoncontrollingInterestPreferred dividends paid to preferred holders before common shareholders
us-gaap:PreferredStockDividendsIncomeStatementImpactNet income to common shareholders what is left for common shareholders
us-gaap:NetIncomeLossAvailableToCommonStockholdersBasicEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding