PNC
PNC Financial Services Group Inc
NYSE: PNC · FINANCIAL SERVICES · BANKS - REGIONAL
$223.00
+1.96% today
Updated 2026-04-29
Market cap
$88.22B
P/E ratio
12.71
P/S ratio
3.83x
EPS (TTM)
$17.21
Dividend yield
3.03%
52W range
$158 – $242
Volume
2.5M
PNC Financial Services Group Inc (PNC) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.86B | $9.09B | $8.63B | $18.12B | $16.94B | $15.82B | $16.61B | $16.87B | $16.19B | $16.27B | $16.42B | $18.04B | $19.05B | $20.64B | $18.26B | $19.70B | $23.54B | $31.90B | $33.69B | $31.34B |
| Revenue growth (YoY) | — | +2.6% | -5.1% | +110.0% | -6.5% | -6.6% | +5.0% | +1.6% | -4.1% | +0.5% | +0.9% | +9.8% | +5.6% | +8.3% | -11.5% | +7.9% | +19.5% | +35.5% | +5.6% | -7.0% |
| Cost of revenue | $2.49B | $3.51B | $3.96B | $6.93B | $4.42B | $2.65B | $2.08B | $1.50B | $1.18B | $1.30B | $1.69B | $2.15B | $3.27B | $4.57B | $4.54B | $-292.00M | $2.89B | $11.15B | $13.68B | $8.88B |
| Gross profit | $6.37B | $5.58B | $4.67B | $11.19B | $12.51B | $13.17B | $14.53B | $15.37B | $15.01B | $14.97B | $14.73B | $15.89B | $15.78B | $16.07B | $13.73B | $19.99B | $20.64B | $20.75B | $20.01B | $22.46B |
| Gross margin | 71.9% | 61.4% | 54.1% | 61.7% | 73.9% | 83.3% | 87.5% | 91.1% | 92.7% | 92.0% | 89.7% | 88.1% | 82.8% | 77.9% | 75.2% | 101.5% | 87.7% | 65.0% | 59.4% | 71.7% |
| R&D | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $2.43B | $1.81B | $1.77B | $4.12B | $3.91B | $3.97B | $4.62B | $4.74B | $4.61B | $4.83B | $4.87B | $5.27B | $5.47B | $5.65B | $5.67B | $7.14B | $7.24B | $7.43B | $7.30B | $9.09B |
| Operating income | $4.00B | $1.92B | $1.09B | $3.23B | $4.06B | $4.07B | $4.04B | $5.69B | $5.61B | $5.51B | $5.25B | $5.49B | $5.49B | $5.49B | $3.43B | $6.99B | $7.47B | $6.74B | $7.24B | $8.49B |
| Operating margin | 45.2% | 21.2% | 12.7% | 17.8% | 24.0% | 25.7% | 24.3% | 33.7% | 34.7% | 33.8% | 32.0% | 30.4% | 28.8% | 26.6% | 18.8% | 35.5% | 31.8% | 21.1% | 21.5% | 27.1% |
| EBITDA | $4.35B | $2.31B | $1.56B | $4.20B | $5.12B | $5.21B | $5.20B | $6.83B | $6.60B | $6.59B | $6.45B | $6.61B | $6.62B | $6.81B | $4.93B | $8.76B | $8.12B | $6.95B | $7.50B | $8.58B |
| EBITDA margin | 49.1% | 25.5% | 18.0% | 23.2% | 30.2% | 32.9% | 31.3% | 40.5% | 40.8% | 40.5% | 39.2% | 36.6% | 34.7% | 33.0% | 27.0% | 44.5% | 34.5% | 21.8% | 22.3% | 27.4% |
| EBIT | $4.00B | $1.92B | $1.09B | $3.23B | $4.06B | $4.07B | $4.04B | $5.69B | $5.61B | $5.51B | $5.25B | $5.49B | $5.49B | $5.49B | $3.43B | $6.99B | $7.47B | $6.74B | $7.24B | $8.49B |
| Interest expense | $2.37B | $3.20B | $2.45B | $3.00B | $1.92B | $1.49B | $1.09B | $860.00M | $906.00M | $1.04B | $1.26B | $1.71B | $2.86B | $3.80B | $1.36B | $487.00M | $2.42B | $10.39B | $12.88B | $10.90B |
| Income tax | $1.36B | $561.00M | $298.00M | $867.00M | $1.04B | $998.00M | $1.04B | $1.48B | $1.41B | $1.36B | $1.27B | $102.00M | $928.00M | $901.00M | $426.00M | $1.26B | $1.36B | $1.09B | $1.29B | $1.49B |
| Effective tax rate | 34.4% | 27.7% | 25.3% | 26.2% | 23.3% | 24.6% | 25.8% | 26.0% | 25.2% | 24.9% | 24.5% | 1.9% | 14.9% | 14.4% | 5.4% | 18.2% | 18.4% | 16.3% | 18.0% | 17.7% |
| Net income | $2.60B | $1.47B | $882.00M | $2.45B | $3.41B | $3.06B | $3.00B | $4.20B | $4.18B | $4.11B | $3.90B | $5.34B | $5.30B | $5.37B | $7.52B | $5.67B | $6.04B | $5.58B | $5.89B | $6.94B |
| Net income growth (YoY) | — | -43.5% | -39.9% | +177.4% | +39.4% | -10.4% | -1.8% | +40.0% | -0.4% | -1.9% | -4.9% | +36.8% | -0.7% | +1.3% | +40.0% | -24.5% | +6.5% | -7.7% | +5.6% | +17.8% |
| Profit margin | 29.3% | 16.1% | 10.2% | 13.5% | 20.1% | 19.3% | 18.1% | 24.9% | 25.8% | 25.2% | 23.8% | 29.6% | 27.8% | 26.0% | 41.2% | 28.8% | 25.7% | 17.5% | 17.5% | 22.1% |