The PNC Financial Services Group, Inc. (PNC) quarterly income statement — complete revenue, gross profit & net income 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 |
|---|
| Net Interest Income | 3.96B | 3.73B | 3.65B | 3.56B | 3.48B | 3.52B | 3.41B | 3.3B | 3.26B | 3.4B | 3.42B | 3.51B | 3.58B | 3.68B | 3.48B | 3.05B | 2.8B | 2.86B | 2.86B | 2.58B |
| NII Growth % | 13.95% | 5.9% | 6.98% | 7.66% | 6.5% | 3.53% | -0.23% | -5.93% | -8.95% | -7.63% | -1.64% | 15.04% | 27.85% | 28.72% | 21.67% | 18.21% | 19.42% | 18.07% | 14.98% | 2.14% |
| Net Interest Margin % | 0.66% | 0.65% | 0.64% | 0.64% | 0.63% | 0.63% | 0.6% | 0.59% | 0.58% | 0.61% | 0.61% | 0.63% | 0.64% | 0.66% | 0.62% | 0.56% | 0.52% | 0.51% | 0.52% | 0.47% |
| Interest Income | 6.44B | 6.38B | 6.53B | 6.27B | 6.13B | 6.49B | 6.82B | 6.57B | 6.5B | 6.5B | 6.2B | 5.94B | 5.66B | 5.11B | 4.13B | 3.28B | 2.91B | 2.98B | 2.98B | 2.7B |
| Interest Expense | 2.48B | 2.65B | 2.88B | 2.71B | 2.65B | 2.97B | 3.41B | 3.27B | 3.24B | 3.1B | 2.79B | 2.43B | 2.07B | 1.43B | 657M | 230M | 110M | 113M | 119M | 120M |
| Loan Loss Provision | -2.27B | 139M | 167M | 254M | 214M | 150M | 242M | 249M | 156M | 244M | 129M | 146M | 207M | 392M | 242M | 36M | -195M | -346M | -203M | 302M |
| Non-Interest Income | -279M | 2.34B | 2.27B | 2.11B | 1.97B | 2.04B | 2.02B | 1.37B | 1.88B | 1.97B | 1.81B | 1.78B | 1.99B | 2.06B | 2.08B | 2.06B | 1.9B | 2.25B | 2.34B | 2.09B |
| Non-Interest Income % | -4.53% | 26.83% | 25.78% | 25.14% | 24.33% | 23.89% | 22.85% | 17.25% | 22.45% | 23.25% | 22.64% | 23.07% | 26.02% | 28.76% | 33.43% | 38.63% | 39.48% | 43.02% | 44.04% | 43.58% |
| Total Revenue | 6.17B | 8.72B | 8.79B | 8.38B | 8.1B | 8.53B | 8.84B | 7.94B | 8.38B | 8.47B | 8.02B | 7.73B | 7.65B | 7.17B | 6.21B | 5.35B | 4.82B | 5.22B | 5.32B | 4.79B |
| Revenue Growth % | -23.9% | 2.2% | -0.55% | 5.53% | -3.35% | 0.71% | 10.29% | 2.72% | 9.58% | 18.13% | 29.18% | 44.54% | 58.86% | 37.37% | 16.76% | 11.68% | 11.28% | 20.16% | 20.14% | 9.47% |
| Non-Interest Expense | 3.77B | 3.6B | 3.46B | 3.38B | 3.39B | 3.51B | 3.33B | 2.6B | 3.33B | 4.07B | 3.25B | 3.37B | 3.32B | 3.47B | 3.28B | 3.24B | 3.17B | 3.79B | 3.59B | 3.05B |
| Efficiency Ratio | 61.12% | 41.32% | 39.36% | 40.39% | 41.81% | 41.09% | 37.62% | 32.8% | 39.78% | 48.09% | 40.47% | 43.64% | 43.42% | 48.44% | 52.84% | 60.68% | 65.88% | 72.61% | 67.48% | 63.71% |
| Operating Income | 2.19B | 2.33B | 2.29B | 2.02B | 1.85B | 1.91B | 1.86B | 1.82B | 1.66B | 1.05B | 1.86B | 1.77B | 2.05B | 1.88B | 2.03B | 1.84B | 1.73B | 1.66B | 1.81B | 1.31B |
| Operating Margin % | 35.47% | 26.71% | 26.01% | 24.16% | 22.79% | 22.33% | 21.06% | 22.92% | 19.76% | 12.45% | 23.19% | 22.97% | 26.76% | 26.23% | 32.67% | 34.34% | 35.89% | 31.85% | 34.1% | 27.47% |
| Operating Income Growth % | 18.47% | 22.26% | 22.82% | 11.27% | 11.47% | 80.57% | 0.16% | 2.48% | -19.1% | -43.91% | -8.33% | -3.32% | 18.46% | 13.11% | 11.86% | 39.62% | -21.35% | -5.19% | 6.77% | 245.79% |
| Pretax Income | 2.19B | 2.33B | 2.29B | 2.02B | 1.85B | 1.91B | 1.86B | 1.82B | 1.66B | 1.05B | 1.86B | 1.77B | 2.05B | 1.88B | 2.03B | 1.84B | 1.73B | 1.66B | 1.81B | 1.31B |
| Pretax Margin % | 35.47% | 26.71% | 26.01% | 24.16% | 22.79% | 22.33% | 21.06% | 22.92% | 19.76% | 12.45% | 23.19% | 22.97% | 26.76% | 26.23% | 32.67% | 34.34% | 35.89% | 31.85% | 34.1% | 27.47% |
| Income Tax | 415M | 296M | 465M | 381M | 347M | 278M | 357M | 342M | 312M | 172M | 289M | 275M | 353M | 333M | 388M | 340M | 299M | 357M | 323M | 212M |
| Effective Tax Rate % | 18.98% | 12.71% | 20.33% | 18.82% | 18.8% | 14.59% | 19.17% | 18.8% | 18.84% | 16.3% | 15.55% | 15.49% | 17.24% | 17.7% | 19.13% | 18.52% | 17.3% | 21.47% | 17.82% | 16.12% |
| Net Income | 1.76B | 2.02B | 1.81B | 1.63B | 1.48B | 1.61B | 1.49B | 1.46B | 1.33B | 864M | 1.55B | 1.48B | 1.68B | 1.53B | 1.62B | 1.48B | 1.41B | 1.29B | 1.47B | 1.09B |
| Net Margin % | 28.55% | 23.17% | 20.56% | 19.42% | 18.28% | 18.87% | 16.85% | 18.38% | 15.87% | 10.2% | 19.38% | 19.19% | 21.92% | 21.31% | 26.16% | 27.7% | 29.24% | 24.77% | 27.73% | 22.79% |
| Net Income Growth % | 18.84% | 25.47% | 21.34% | 11.51% | 11.35% | 86.34% | -4.12% | -1.62% | -20.69% | -43.46% | -4.31% | 0.14% | 19.11% | 18.17% | 10.18% | 35.75% | -22.47% | -78.44% | -2.96% | -70.09% |
| Net Income (Continuing) | 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 |
| EPS (Diluted) | 4.13 | 4.88 | 4.35 | 3.85 | 3.51 | 3.77 | 3.49 | 3.39 | 3.10 | 1.85 | 3.60 | 3.36 | 3.98 | 3.47 | 3.78 | 3.39 | 3.23 | 2.86 | 3.30 | 2.43 |
| EPS Growth % | 17.66% | 29.44% | 24.64% | 13.57% | 13.23% | 103.78% | -3.06% | 0.89% | -22.11% | -46.69% | -4.76% | -0.89% | 23.22% | 21.33% | 14.55% | 39.51% | -21.22% | -79.54% | -2.65% | -71.07% |
| EPS (Basic) | 4.13 | 4.88 | 4.36 | 3.86 | 3.52 | 3.77 | 3.50 | 3.39 | 3.10 | 1.85 | 3.60 | 3.36 | 3.99 | 3.47 | 3.78 | 3.39 | 3.23 | 2.87 | 3.31 | 2.43 |
| Diluted Shares Outstanding | 411.14M | 394M | 396M | 397M | 398M | 399M | 400M | 400M | 400M | 401M | 400M | 401M | 402M | 404M | 410M | 414M | 420M | 424M | 426M | 427M |