PNC financial statements
The full income statement, balance sheet, and cash-flow statement for PNC Financial Services Group Inc. (The) (PNC), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 23.1B+7.2% | 21.6B+0.3% | 21.5B+1.8% | 21.1B+9.9% | 19.2B+13.7% | ||
| Lease income | 33.0M+26.9% | 26.0M-43.5% | 46.0M-27.0% | 63.0M-16.0% | 75.0M-21.1% | |
| Noninterest income | 8.69B+7.9% | 8.06B+6.4% | 7.57B-6.6% | 8.11B-5.3% | 8.56B+23.1% | |
| Noninterest expense | 13.8B+2.3% | 13.5B-3.5% | 14.0B+6.4% | 13.2B+1.3% | 13.0B+26.3% | |
| Interest expense | — | — | 10.4B+329.1% | 2.42B+397.3% | 487M-64.2% | |
| Interest & investment income | 25.3B-4.1% | 26.4B+8.5% | 24.3B+57.5% | 15.4B+38.6% | 11.1B-1.5% | |
| Net interest income | 14.4B+6.7% | 13.5B-3.0% | 13.9B+6.9% | 13.0B+22.2% | 10.6B+7.0% | |
| Pre-tax income | 8.49B+17.2% | 7.24B+7.5% | 6.74B-9.9% | 7.47B+6.9% | 6.99B+103.8% | |
| Income tax | 1.49B+15.5% | 1.29B+18.4% | 1.09B-19.9% | 1.36B+7.7% | 1.26B+196.5% | |
| 7.00B+17.5% | 5.95B+5.4% | 5.65B-7.6% | 6.11B+6.8% | 5.72B-24.3% | ||
| Income from continuing operations | — | — | 5.58B-7.7% | 6.04B+6.5% | 5.67B+91.6% | |
| Net income to non-controlling interest | 61.0M-4.7% | 64.0M-7.2% | 69.0M-4.2% | 72.0M+41.2% | 51.0M | |
| Preferred dividends | — | — | 8.00M+60.0% | 5.00M+0.0% | 5.00M+25.0% | |
| Net income to common | 6.58B+19.7% | 5.50B+7.2% | 5.13B-10.2% | 5.71B+5.5% | 5.41B+99.2% | |
| $16.59+20.7% | $13.74+7.4% | $12.79-7.7% | $13.85+9.1% | $12.70-25.1% | ||
| EPS (basic) | $16.60+20.6% | $13.76+7.5% | $12.80-7.6% | $13.86+9.0% | $12.71-25.2% | |
| Weighted-avg shares (basic) | 396M-0.8% | 399M-0.5% | 401M-2.7% | 412M-3.3% | 426M-0.2% | |
| Weighted-avg shares (diluted) | 396M-1.0% | 400M-0.2% | 401M-2.7% | 412M-3.3% | 426M-0.2% | |
| Dividends per share | $6.60+4.8% | $6.30+3.3% | $6.10+6.1% | $5.75+19.8% | $4.80+2.8% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Cash & equivalents | 39.7B-14.1% | 46.3B-8.8% | 50.7B+47.6% | 34.4B-58.2% | 82.3B+1072.2% | |
| 574B+2.4% | 560B-0.3% | 562B+0.8% | 557B+0.0% | 557B+19.4% | ||
| Property, plant & equipment | 8.94B+3.0% | 8.67B+1.8% | 8.52B-2.7% | 8.75B+1.9% | 8.59B+11.8% | |
| Operating lease right-of-use | 1.69B+4.5% | 1.62B-7.2% | 1.75B-6.0% | 1.86B-3.2% | 1.92B+2.3% | |
| Goodwill | 11.0B+0.2% | 10.9B+0.0% | 10.9B-0.5% | 11.0B+0.7% | 10.9B+18.2% | |
| 513B+1.5% | 506B-1.0% | 510B-0.2% | 511B+2.0% | 501B+21.5% | ||
| Long-term debt | 57.1B-7.4% | 61.7B-15.2% | 72.7B+23.9% | 58.7B | — | |
| Operating lease liability (total) | 1.93B+3.4% | 1.87B-6.4% | 2.00B-7.5% | 2.16B-2.7% | 2.22B+5.9% | |
| 60.6B+11.3% | 54.4B+6.5% | 51.1B+11.6% | 45.8B-17.8% | 55.7B+3.1% | ||
| Preferred stock | 0.00 | 0.00 | — | — | — | |
| Common stock | 2.72B+0.0% | 2.72B+0.0% | 2.72B+0.1% | 2.71B+0.0% | 2.71B+0.0% | |
| Additional paid-in capital | 18.9B+1.1% | 18.7B-1.6% | 19.0B+3.5% | 18.4B+5.3% | 17.5B+9.9% | |
| Retained earnings | 63.3B+6.7% | 59.3B+5.3% | 56.3B+5.1% | 53.6B+6.7% | 50.2B+7.2% | |
| Treasury stock | 20.9B+6.1% | 19.7B+2.7% | 19.2B+2.6% | 18.7B+23.8% | 15.1B+6.4% | |
| Accumulated other comprehensive income | -3.41B+48.1% | -6.57B+14.9% | -7.71B+24.2% | -10.2B-2587.0% | 409M-85.2% | |
| Non-controlling interest | 51.0M+15.9% | 44.0M+22.2% | 36.0M-5.3% | 38.0M+22.6% | 31.0M+0.0% | |
| Total equity incl. non-controlling | 60.6B+11.3% | 54.5B+6.5% | 51.1B+11.6% | 45.8B-17.8% | 55.7B+3.1% | |
| Total liabilities & equity | 574B+2.4% | 560B-0.3% | 562B+0.8% | 557B+0.0% | 557B+19.4% | |
| Common shares issued | 543M+0.0% | 543M+0.0% | 543M+0.0% | 543M-0.0% | 543M+0.0% | |
| Common shares outstanding | 390M-1.5% | 396M-0.5% | 398M-0.7% | 401M-4.5% | 420M-0.9% | |
| Shares outstanding (cover) | 403M+1.9% | 396M-0.5% | 398M-0.5% | 400M-4.5% | 418M-1.3% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 4.38B-44.4% | 7.88B-22.1% | 10.1B+11.3% | 9.08B+25.9% | 7.21B+54.8% | ||
| Depreciation & amortization | 381M+47.1% | 259M-77.5% | 1.15B+0.9% | 1.14B+6.8% | 1.07B+8.4% | |
| Deferred income taxes | -40.0M-33.3% | -30.0M+88.1% | -252M-171.8% | 351M+97.2% | 178M+144.4% | |
| -15.6B-383.2% | -3.23B-132.0% | 10.1B+116.7% | -60.4B-2059.5% | -2.79B+94.5% | ||
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00-100.0% | 10.5B | |
| Sales/maturities of investments | 6.67B+0.7% | 6.62B-4.3% | 6.92B-48.1% | 13.3B-56.6% | 30.7B-0.7% | |
| Other investing activities | 2.64B+139.0% | 1.10B-44.4% | 1.99B-33.7% | 3.00B+11.7% | 2.68B+112.2% | |
| 4.70B+151.5% | -9.12B-136.7% | -3.85B-213.9% | 3.38B+198.6% | -3.43B-107.1% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 1.34B+94.8% | 687M+5.5% | 651M-82.6% | 3.73B+245.8% | 1.08B-33.6% | |
| Dividends paid | 2.63B+3.9% | 2.54B+3.1% | 2.46B+2.9% | 2.39B+16.3% | 2.06B+3.8% | |
| Net change in cash | -6.54B-46.1% | -4.47B-127.3% | 16.4B+134.2% | -47.9B-4952.2% | 987M-49.5% | |
| Interest paid | 11.2B-14.5% | 13.1B+38.1% | 9.45B+335.1% | 2.17B+273.2% | 582M-55.0% | |
| Income taxes paid | 704M+81.0% | 389M+135.8% | 165M-16.2% | 197M-70.8% | 675M-80.2% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 84.2B+10.3% | 76.3B+23.7% | 61.7B-3.2% | 63.7B-24.1% | 83.9B+32.8% | |
| P/E | 12.0×-6.1% | 12.8×+31.2% | 9.8×-9.9% | 10.8×-26.0% | 14.7×+75.3% | |
| P/S | 3.6×+2.9% | 3.5×+25.7% | 2.8×-9.4% | 3.1×-28.8% | 4.4×+16.8% | |
| P/B | 1.4×-0.9% | 1.4×+12.4% | 1.2×-8.6% | 1.4×-9.4% | 1.5×+28.8% | |
| Earnings yield | 8.3%+6.5% | 7.8%-23.8% | 10.2%+11.0% | 9.2%+35.1% | 6.8%-43.0% | |
| Dividend yield | 3.2%-3.2% | 3.3%-17.1% | 3.9%+8.2% | 3.6%+52.1% | 2.4%-23.6% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: PNC’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all PNC filings on SEC EDGAR → Not investment advice.
