PNC · XBRL financial data
PNC Financial Services Group financial statements, every fiscal year
The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (PNC's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue | 16,901 | 19,211 | 21,120 | 21,490 | 21,555 | 23,099 |
| Revenue from contracts with customers | 16,901 | 19,211 | — | — | — | — |
| Interest expense | 1,361 | 487 | 2,422 | 10,392 | — | — |
| Income tax expense (benefit) | 426 | 1,263 | 1,360 | 1,089 | 1,289 | 1,489 |
| Earnings per share, basic USD per share | 16.99 | 12.71 | 13.86 | 12.80 | 13.76 | 16.60 |
| Earnings per share, diluted USD per share | 16.96 | 12.70 | 13.85 | 12.79 | 13.74 | 16.59 |
| Weighted average shares, basic millions of shares | 427 | 426 | 412 | 401 | 399 | 396 |
| Weighted average shares, diluted millions of shares | 427 | 426 | 412 | 401 | 400 | 396 |
Balance sheet
CSVFiscal years (PNC's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 7,017 | 8,004 | 7,043 | 6,921 | 46,251 | 39,713 |
| Property and equipment, net | 7,687 | 8,593 | 8,754 | 8,517 | 8,672 | 8,935 |
| Right-of-use asset | 1,876 | 1,919 | 1,857 | 1,745 | 1,619 | 1,692 |
| Goodwill | 9,233 | 10,916 | 10,987 | 10,932 | 10,932 | 10,959 |
| Total assets | 466,679 | 557,191 | 557,263 | 561,580 | 560,038 | 573,572 |
| Total deposits | 365,345 | 457,278 | 436,282 | 421,418 | 426,738 | 440,866 |
| Total liabilities | 412,638 | 501,465 | 511,451 | 510,439 | 505,569 | 512,936 |
| Retained earnings | 46,848 | 50,228 | 53,572 | 56,290 | 59,282 | 63,266 |
| Total stockholders' equity | 54,010 | 55,695 | 45,774 | 51,105 | 54,425 | 60,585 |
| Total liabilities and equity | 466,679 | 557,191 | 557,263 | 561,580 | 560,038 | 573,572 |
| Common shares outstanding (cover page) millions of shares | 424 | 418 | 400 | 398 | 396 | 403 |
Cash flows
CSVFiscal years (PNC's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 983 | 1,066 | 1,139 | 1,149 | — | — |
| Net cash from operating activities | 4,659 | 7,214 | 9,083 | 10,111 | 7,880 | 4,384 |
| Net cash from investing activities | (51,122) | (2,795) | (13,428) | (6,379) | (3,232) | (15,617) |
| Share repurchases | 1,624 | 1,079 | 3,731 | 651 | 687 | 1,338 |
| Dividends paid | 1,980 | 2,056 | 2,391 | 2,461 | 2,537 | 2,635 |
| Net cash from financing activities | 48,419 | (3,432) | 3,384 | (3,854) | (9,122) | 4,695 |
| Net change in cash | 1,956 | 987 | (961) | (122) | (4,474) | (6,538) |
Compare with peers
SIC 6021 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 6021 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Quarter |
|---|---|---|---|---|---|
| PNC Financial Services Group | 5,755 | 6,562 | 3,065* | 396.8M | 10-QSep 30, 2026 |
| US Bancorp de | 66,491 | 7,712 | 4,820* | 1.6B | 10-QJun 30, 2026 |
| Bank of New York Mellon | 6,736 | not reported | 4,733* | 672.9M | 10-QSep 30, 2026 |
| Truist Financial | 4,230 | not reported | 1,763* | 1.2B | 10-QSep 30, 2026 |
| Capital One Financial | 4,950 | 2,836 | 5,712* | 601.5M | 10-QSep 30, 2026 |
| Citigroup | 24,663 | 24,766 | not reported | 1.7B | 10-QJun 30, 2026 |
| State Street | 4,796 | 4,004 | 2,250* | 272.1M | 10-QSep 30, 2026 |
| M&T Bank | 17,438 | 442 | 1,268* | 144.4M | 10-QJun 30, 2026 |
| Huntington Bancshares | 2,377 | 484 | 773* | 2.0B | 10-QSep 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.
