The PNC Financial Services Group, Inc. (PNC) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 1.93B | 757M | 2.66B | 1.48B | -509M | 1.8B | 3.29B | 1.03B | 1.76B | 4.86B | 115M | 3.26B | 1.88B | 4.05B | 3.39B | 2.63B | -989M | 3.49B | 1.52B | 1.42B |
| Operating CF Growth % | 478.78% | -57.94% | -19.2% | 43% | -128.95% | -62.99% | 2758.26% | -68.21% | -6.29% | 20.22% | -96.61% | 23.71% | 289.69% | 15.8% | 122.56% | 86.01% | -226.79% | 80.57% | 288.04% | -53.25% |
| Net Income | 1.77B | 2.03B | 1.82B | 1.64B | 1.5B | 1.63B | 1.5B | 1.48B | 1.34B | 883M | 1.57B | 1.5B | 1.69B | 1.55B | 1.64B | 1.5B | 1.43B | 1.31B | 1.49B | 1.1B |
| Depreciation & Amortization | 66M | 108M | 101M | 82M | 90M | 164M | 21M | 37M | 37M | 43M | 49M | 60M | 65M | 64M | 58M | 144M | 385M | 558M | 421M | 419M |
| Deferred Taxes | -102M | 28M | -10M | -11M | -47M | 59M | -68M | 23M | -44M | -133M | -44M | -45M | -30M | -50M | 198M | 142M | 61M | 252M | -239M | 303M |
| Other Non-Cash Items | 798M | 545M | 514M | 541M | 388M | 1.15B | 320M | 278M | 539M | 487M | 438M | 474M | 577M | 751M | 209M | 239M | -427M | -277M | -211M | 464M |
| Working Capital Changes | -606M | -1.96B | 229M | -775M | -2.44B | -1.2B | 1.51B | -780M | -118M | 3.58B | -1.9B | 1.27B | -430M | 1.73B | 1.29B | 611M | -2.44B | 1.66B | 64M | -874M |
| Cash from Investing | -10.59B | -2.11B | -820M | -11.71B | -980M | 7.13B | -3.78B | -220M | -6.37B | -4.67B | 4.91B | 13.25B | -5.71B | -2.75B | -21.69B | -1.69B | 12.71B | -9.06B | 3.31B | 9.02B |
| Purchase of Investments | -9.07B | -4.78B | -4.28B | -8.89B | -4.13B | -5.58B | -9.35B | -15.29B | -1.89B | -1.11B | -1.69B | -846M | -2.01B | -9.45B | -8.12B | -7.83B | -15.6B | -27.59B | -13.54B | -22.34B |
| Sale/Maturity of Investments | 14.14B | 7.67B | 5.59B | 5.17B | 6.39B | 8.6B | 6.79B | 7.27B | 3.94B | 2.84B | 4B | 3.32B | 3.79B | 5.13B | 4.07B | 4.12B | 9.26B | 17.58B | 16.06B | 10.68B |
| Net Investment Activity | 5.07B | 2.89B | 1.31B | -3.72B | 2.26B | 3.02B | -2.56B | -8.03B | 2.05B | 1.73B | 2.31B | 2.47B | 1.79B | -4.32B | -4.05B | -3.72B | -6.34B | -10.01B | 2.52B | -11.66B |
| Acquisitions | -80M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing | -15.58B | -5B | -2.13B | -7.99B | -3.24B | 4.12B | -1.22B | 7.81B | -8.42B | -6.39B | 2.6B | 10.78B | -7.5B | 1.57B | -17.64B | 2.03B | 19.05B | 951M | 792M | 20.69B |
| Cash from Financing | 644M | 2.19B | 6.64B | 2.22B | -6.36B | -3.87B | 2.4B | -11.27B | 3.62B | 1.42B | -2.69B | -5.32B | 2.73B | -796M | 16.26B | 68M | -12.15B | 4.72B | -4.72B | -9.17B |
| Dividends Paid | -769M | -759M | -749M | -725M | -710M | -738M | -728M | -718M | -705M | -742M | -728M | -733M | -675M | -732M | -687M | -697M | -576M | -604M | -595M | -540M |
| Share Repurchases | -796M | -406M | -334M | -336M | -262M | -721M | -130M | -113M | -223M | -1.05B | -11M | -129M | -459M | -2.15B | -1B | -797M | -1.28B | -638M | -374M | -1M |
| Stock Issued | 26M | 9M | 27M | 9M | 25M | 9M | 27M | 9M | 24M | 10M | 26M | 10M | 26M | 10M | 24M | 12M | 22M | 8M | 22M | 9M |
| Net Stock Activity | -770M | -397M | -307M | -327M | -237M | -712M | -103M | -104M | -199M | -1.04B | 15M | -119M | -433M | -2.14B | -978M | -785M | -1.26B | -630M | -352M | 8M |
| Debt Issuance (Net) | 1000K | -1000K | 1000K | -1000K | -1000K | -1000K | -1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | -1000K | -1000K | -1000K |
| Other Financing | -5.88B | 8.12B | 6.18B | 3.75B | -3.83B | 2.73B | 7.71B | -9.22B | 4B | -2.04B | -3.73B | -9.19B | 467M | -1.89B | -2.63B | -8.42B | -7.04B | 8.23B | -2.53B | -7.7B |
| Net Change in Cash | -8.01B | 842M | 8.48B | -8.01B | -7.85B | 5.07B | 1.91B | -10.46B | -988M | 1.62B | 2.33B | 11.19B | -1.1B | 495M | -2.03B | 1.01B | -432M | -839M | 119M | 1.27B |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 39.71B | 38.87B | 30.39B | 38.4B | 46.25B | 41.19B | 39.28B | 49.74B | 6.92B | 5.3B | 44.45B | 33.26B | 7.04B | 6.55B | 8.58B | 7.57B | 8B | 8.84B | 8.72B | 7.46B |
| Cash at End | 31.7B | 39.71B | 38.87B | 30.39B | 38.4B | 46.25B | 41.19B | 39.28B | 5.93B | 6.92B | 46.78B | 44.45B | 5.94B | 7.04B | 6.55B | 8.58B | 7.57B | 8B | 8.84B | 8.72B |
| Interest Paid | 2.52B | 2.84B | 2.8B | 2.81B | 2.71B | 3.47B | 3.27B | 3.45B | 2.86B | 3.18B | 3.69B | 895M | 1.69B | 1.28B | 475M | 335M | 85M | 187M | 59M | 148M |
| Income Taxes Paid | 0 | 0 | 104M | 315M | 77M | 102M | 44M | 253M | 35M | 52M | 226M | 663M | 56M | 117M | 18M | 46M | 16M | 273M | 18M | 369M |
| Free Cash Flow | 1.93B | 757M | 2.66B | 1.48B | -509M | 1.8B | 3.29B | 1.03B | 1.76B | 4.86B | 115M | 3.26B | 1.88B | 4.05B | 3.39B | 2.63B | -989M | 3.49B | 1.52B | 1.42B |
| FCF Growth % | 478.78% | -57.94% | -19.2% | 43% | -128.95% | -62.99% | 2758.26% | -68.21% | -6.29% | 20.22% | -96.61% | 23.71% | 289.69% | 15.8% | 122.56% | 86.01% | -226.79% | 80.57% | 288.04% | -53.25% |