PNC Financial Services income statement
In fiscal 2025, PNC Financial Services reported revenue of $23.10bn, up 7.2% on the year before and net income of $6.58bn, or $16.59 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 16.2 | 15.2 | 14.3 | 15.5 | 16.0 | 15.4 | 15.2 | 15.2 | 16.3 | 16.2 | 16.8 | 16.9 | 19.2 | 21.1 | 21.5 | 21.6 | 23.1 | 25.7 |
| Interest expense | 3.0 | 1.9 | 1.5 | 1.1 | 0.9 | 0.9 | 1.0 | 1.3 | 1.7 | 2.9 | 3.8 | 1.4 | 0.5 | 2.4 | 10.4 | — | — | — |
| Net interest income | 9.1 | 9.2 | 8.7 | 9.6 | 9.1 | 8.5 | 8.3 | 8.4 | 9.1 | 9.7 | 10.0 | 9.9 | 10.6 | 13.0 | 13.9 | 13.5 | 14.4 | 16.0 |
| Non-interest income | 7.1 | 5.9 | 5.6 | 5.9 | 6.9 | 6.9 | 6.9 | 6.8 | 7.2 | 6.5 | 6.9 | 7.0 | 8.6 | 8.1 | 7.6 | 8.1 | 8.7 | 9.7 |
| Non-interest expense | 9.1 | 8.6 | 9.1 | 10.5 | 9.7 | 9.5 | 9.5 | 9.5 | 10.4 | 10.3 | 10.6 | 10.3 | 13.0 | 13.2 | 14.0 | 13.5 | 13.8 | 15.2 |
| Provision for credit losses | 3.9 | 2.5 | 1.2 | 1.0 | 0.6 | 0.3 | 0.3 | 0.4 | 0.4 | 0.4 | 0.8 | 3.0 | −0.9 | 0.4 | 0.8 | 0.7 | 0.7 | 0.6 |
| Income before tax | — | 4.1 | 4.1 | 4.0 | 5.7 | 5.6 | 5.5 | 5.3 | 5.5 | 5.5 | 5.5 | 3.4 | 7.0 | 7.5 | 6.7 | 7.2 | 8.5 | 9.7 |
| Income tax | 0.9 | 1.0 | 1.0 | 1.0 | 1.5 | 1.4 | 1.4 | 1.3 | 0.1 | 0.9 | 0.9 | 0.4 | 1.3 | 1.4 | 1.1 | 1.3 | 1.5 | 1.8 |
| Net income | 2.0 | 3.0 | 3.0 | 2.8 | 3.9 | 3.9 | 3.9 | 3.7 | 5.1 | 4.3 | 4.3 | 2.7 | 5.4 | 5.7 | 5.1 | 5.5 | 6.6 | 7.5 |
| Diluted EPS | $4.36 | $5.74 | $5.64 | $5.28 | $7.36 | $7.30 | $7.39 | $7.30 | $10.36 | $10.71 | $11.39 | $16.96 | $12.70 | $13.85 | $12.79 | $13.74 | $16.59 | $18.62 |
| Diluted shares (average) | 455m | 520m | 526m | 529m | 532m | 537m | 521m | 500m | 486m | 470m | 448m | 427m | 426m | 412m | 401m | 400m | 396m | 401m |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5,567 | 5,452 | 5,661 | 5,915 | 6,071 | 6,165 | 6,875 | 6,562 |
| Net interest income | 3,523 | 3,476 | 3,555 | 3,648 | 3,731 | 3,961 | 4,107 | 4,206 |
| Non-interest income | 2,044 | 1,976 | 2,106 | 2,267 | 2,340 | 2,204 | 2,768 | 2,356 |
| Non-interest expense | 3,506 | 3,387 | 3,383 | 3,461 | 3,603 | 3,768 | 4,098 | 3,751 |
| Provision for credit losses | 155 | 260 | 171 | 136 | 93 | 188 | 213 | 141 |
| Income before tax | 1,905 | 1,846 | 2,024 | 2,287 | 2,329 | 2,187 | 2,586 | 2,622 |
| Income tax | 278 | 347 | 381 | 465 | 296 | 415 | 531 | 525 |
| Net income | 1,505 | 1,399 | 1,627 | 1,808 | 1,660 | 1,675 | 2,040 | 2,081 |
| Diluted EPS | $3.76 | $3.51 | $3.85 | $4.35 | $4.87 | $4.13 | $4.81 | $4.97 |
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