The PNC Financial Services Group, Inc. (PNC)

PNC Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	-	19,346	18,299	11,795	9,007	8,927
Interest Income on Investments	-	7,038	6,009	3,641	2,127	2,380
Total Interest Income	-	26,384	24,308	15,436	11,134	11,307
Interest Paid on Deposits	-	8,401	6,609	1,267	126	643
Interest Paid on Borrowings	-	4,484	3,783	1,155	361	718
Total Interest Expense	-	12,885	10,392	2,422	487	1,361
Net Interest Income	14,202	13,499	13,916	13,014	10,647	9,946
Net Interest Income Growth (YoY)	6.15%	-3.00%	6.93%	22.23%	7.05%	-0.19%
Trust Income	1,485	1,485	1,412	1,444	1,438	1,203
Mortgage Banking Activities	581	581	625	647	850	946
Gain (Loss) on Sale of Investments	254	254	-2	-7	64	369
Other Non-Interest Income	6,073	5,736	5,539	6,022	6,212	4,437
Total Non-Interest Income	8,393	8,056	7,574	8,106	8,564	6,955
Non-Interest Income Growth (YoY)	5.31%	6.36%	-6.56%	-5.35%	23.13%	1.18%
Revenues Before Loan Losses	22,595	21,555	21,490	21,120	19,211	16,901
Provision for Loan Losses	796	789	742	477	-779	3,175
Revenue	21,799	20,766	20,748	20,643	19,990	13,726
Revenue Growth (YoY)	6.42%	0.09%	0.51%	3.27%	45.64%	-14.56%
Salaries and Employee Benefits	7,302	7,302	7,428	7,244	7,141	5,673
Selling, General & Administrative	2,843	2,843	2,743	2,742	2,670	2,238
Other Non-Interest Expense	3,592	3,379	3,841	3,184	3,191	2,386
Total Non-Interest Expense	13,737	13,524	14,012	13,170	13,002	10,297
EBT Excluding Unusual Items	8,062	7,242	6,736	7,473	6,988	3,429
Pretax Income	8,062	7,242	6,736	7,473	6,988	3,429
Income Tax Expense	1,471	1,289	1,089	1,360	1,263	426
Earnings From Continuing Operations	6,591	5,953	5,647	6,113	5,725	3,003
Earnings From Discontinued Operations	-	-	-	-	-	4,555
Minority Interest in Earnings	-65	-64	-69	-72	-51	-41
Net Income	6,526	5,889	5,578	6,041	5,674	7,517
Preferred Dividends & Other Adjustments	360	393	452	333	265	268
Net Income to Common	6,166	5,496	5,126	5,708	5,409	7,249
Net Income Growth	26.89%	5.58%	-7.66%	6.47%	-24.52%	40.01%
Basic Shares Outstanding	397	399	401	412	426	427
Diluted Shares Outstanding	398	400	401	412	426	427
Shares Change (YoY)	-0.53%	-0.25%	-2.67%	-3.29%	-0.23%	-4.69%
EPS (Basic)	15.53	13.77	12.78	13.85	12.70	16.98
EPS (Diluted)	15.47	13.74	12.78	13.85	12.70	16.97
EPS Growth	30.88%	7.49%	-7.70%	9.08%	-25.19%	49.15%
Dividend Per Share	6.500	6.300	6.100	5.750	4.800	4.600
Dividend Growth	4.00%	3.28%	6.09%	19.79%	4.35%	9.52%
Effective Tax Rate	18.25%	17.80%	16.17%	18.20%	18.07%	12.42%

Updated Oct 15, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q