The PNC Financial Services Group (PNC) Financial Statements & Analysis

The PNC Financial Services Group (PNC) Income Statement

The PNC Financial Services Group reported revenue of $22.32B in fiscal 2025 (fiscal year ended Dec 31, 2025), up 7.5% from $20.77B a year earlier. Net income was $6.62B, up 19.7% year over year, a net margin of 29.7%. Gross margin was 100.0% and operating margin 38.0%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $9.02B, up 59.2% from the same quarter a year earlier.

The PNC Financial Services Group Income Statement Analysis

Values in billions USD

Income Statement Balance Sheet Cash Flow Ratios

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The PNC Financial Services Group, Inc. income statement - Annual data in billions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	22.32	20.77	31.90	21.11	19.99	18.26	20.64	19.05	18.04
Cost of Revenue	11.65	13.68	11.15	2.89	-0.29	4.54	4.57	3.27	2.15
Gross Profit	22.32	20.01	20.75	20.64	19.99	13.73	16.07	15.78	15.89
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	2.95	2.84	7.78	7.60	2.67	5.91	5.95	5.76	5.51
Operating Expenses	13.83	12.77	14.01	13.17	13.00	10.30	10.57	10.30	10.40
Operating Income	8.49	7.24	6.74	7.47	6.99	3.43	5.49	5.49	5.49
Other Income/Expense
Interest Income	25.31	26.38	24.31	15.44	11.13	11.31	13.76	12.58	10.81
Interest Expense	10.90	12.89	10.39	2.42	0.49	1.36	3.80	2.86	1.71
Other Income/Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income
Income Before Tax	8.49	7.24	6.74	7.47	6.99	3.43	5.49	5.49	5.49
Income Tax Expense	1.49	1.29	1.09	1.36	1.26	0.43	0.90	0.93	0.10
Net Income	6.62	5.53	5.58	6.04	5.44	7.52	5.37	5.30	5.34
Net Income - Continuous Operations	6.94	5.89	5.58	6.11	5.67	7.52	5.37	5.30	5.34
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	0.38	0.26	6.95	0.65	1.77	4.93	6.81	6.62	6.61
EBIT	-	-	-	-	-	-	-	-	-
Depreciation & Amortization	0.38	0.26	0.22	0.65	1.77	1.50	1.32	1.13	1.12
Earnings Per Share
Basic EPS	17.00	14.00	13.00	14.00	13.00	6.00	11.00	11.00	10.00
Diluted EPS	17.00	14.00	13.00	14.00	13.00	6.00	11.00	11.00	10.00
Basic Shares Outstanding	0.40	0.40	0.40	0.41	0.43	0.43	0.45	0.47	0.48
Diluted Shares Outstanding	0.40	0.40	0.40	0.41	0.43	0.43	0.45	0.47	0.49

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About The PNC Financial Services Group Financial Statements

What was The PNC Financial Services Group's revenue in fiscal 2025?

The PNC Financial Services Group reported revenue of $22.32B in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 7.5% from $20.77B a year earlier.

Is The PNC Financial Services Group profitable?

Yes. The PNC Financial Services Group earned net income of $6.62B in fiscal 2025, a net margin of 29.7%. In fiscal 2024 it earned $5.53B.

What is The PNC Financial Services Group's operating margin?

The PNC Financial Services Group's operating income was $8.49B on revenue of $22.32B in fiscal 2025, an operating margin of 38.0%, compared with 34.9% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition