← PNC FINANCIAL SERVICES GROUP, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $15.2b | $16.3b | $17.1b | $17.8b | $16.9b | $19.2b | $21.1b | $21.5b | $21.6b | $23.1b | |
| Additional Financial Items | |||||||||||
| Interest income: | |||||||||||
| Asset management and brokerage | — | — | — | — | — | — | $1.4b | $1.4b | $1.5b | $1.6b | |
| Basic (shares) | $494.0m | $481.0m | $467.0m | $447.0m | $427.0m | $426.0m | $412.0m | $401.0m | $399.0m | $396.0m | |
| Borrowed funds | $831.0m | $1.1b | $1.6b | $1.8b | $718.0m | $361.0m | $1.2b | $3.8b | $4.5b | $3.4b | |
| Capital markets and advisory | — | — | — | — | — | — | $1.3b | $952.0m | $1.2b | $1.5b | |
| Card and cash management | — | — | — | — | — | — | $2.6b | $2.7b | $2.8b | $2.9b | |
| Debt and Equity Securities, Gain (Loss) | — | — | — | — | — | — | — | — | ($500.0m) | ($9.0m) | |
| Deposits | $430.0m | $623.0m | $1.2b | $2.0b | $643.0m | $126.0m | $1.3b | $6.6b | $8.4b | $7.5b | |
| Depreciation, Depletion and Amortization, Nonproduction | $1.2b | $1.1b | $1.1b | $1.3b | $1.5b | $1.8b | $651.0m | $217.0m | $259.0m | $381.0m | |
| Diluted (shares) | $500.0m | $486.0m | $470.0m | $448.0m | $427.0m | $426.0m | $412.0m | $401.0m | $400.0m | $396.0m | |
| Equipment | $974.0m | $1.1b | $1.1b | $1.2b | $1.2b | $1.4b | $1.4b | $1.4b | $1.5b | $1.6b | |
| Gain on Visa shares exchange program | — | — | — | — | — | — | — | $0 | $754.0m | $0 | |
| Goodwill, Impairment Loss | — | — | — | — | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | — | — | — | — | — | — | — | — | $8.4b | |
| Income (Loss) from Continuing Operations, Per Basic Share | — | — | — | — | $6 | $13 | $14 | — | — | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | — | — | — | — | $6 | $13 | $14 | — | — | — | |
| Income (Loss) from Equity Method Investments | $361.0m | $727.0m | $525.0m | $531.0m | — | — | — | — | — | — | |
| Income taxes | $1.3b | $102.0m | $1.1b | $1.1b | $426.0m | $1.3b | $1.4b | $1.1b | $1.3b | $1.5b | |
| Investment securities | $1.8b | $2.0b | $2.3b | $2.4b | $2.0b | $1.8b | $2.7b | $3.5b | $4.1b | $4.7b | |
| Lease Income | — | — | — | $412.0m | $364.0m | $318.0m | $306.0m | $346.0m | $381.0m | $383.0m | |
| Lending and deposit services | — | — | — | — | — | — | $1.1b | $1.2b | $1.3b | $1.3b | |
| Loans | $7.4b | $8.2b | $9.6b | $10.5b | $8.9b | $9.0b | $11.8b | $18.3b | $19.3b | $18.5b | |
| Marketing | $247.0m | $244.0m | $285.0m | $301.0m | $236.0m | $319.0m | $355.0m | $350.0m | $362.0m | $378.0m | |
| Net interest income | $8.4b | $9.1b | $9.7b | $10.0b | $9.9b | $10.6b | $13.0b | $13.9b | $13.5b | $14.4b | |
| Occupancy | $861.0m | $868.0m | $818.0m | $834.0m | $826.0m | $940.0m | $992.0m | $982.0m | $954.0m | $962.0m | |
| Operating Lease, Lease Income | — | — | — | $117.0m | $95.0m | $75.0m | $63.0m | $46.0m | $26.0m | $33.0m | |
| Other | $2.6b | $3.0b | $2.6b | $2.6b | $2.4b | $3.2b | $3.2b | $3.8b | $3.4b | $3.1b | |
| Other Interest and Dividend Income | $412.0m | $578.0m | $741.0m | $811.0m | $339.0m | $293.0m | $915.0m | $2.5b | $2.9b | $2.2b | |
| Personnel | $4.8b | $5.2b | $5.5b | $5.6b | $5.7b | $7.1b | $7.2b | $7.4b | $7.3b | $7.8b | |
| Preferred Stock Dividends and Other Adjustments | $6 | $26 | $4 | $4 | $4 | $5 | $5 | $8 | — | — | |
| Preferred Stock Dividends, Income Statement Impact | — | — | — | — | — | — | — | — | $352 | $308 | |
| Preferred stock discount accretion and redemptions | $6.0m | $26.0m | $4.0m | $4.0m | $4.0m | $5.0m | $5.0m | $8.0m | $8.0m | $9.0m | |
| Preferred stock dividends | $209 | $236 | $236 | $236 | $229 | $233 | $301 | $417 | $352 | $308 | |
| Provision For Credit Losses | $433.0m | $441.0m | $408.0m | $773.0m | $3.2b | ($779.0m) | $477.0m | $742.0m | $789.0m | $779.0m | |
| Residential and commercial mortgage | — | — | — | — | — | — | $647.0m | $625.0m | $581.0m | $571.0m | |
| Securities gains (losses) | — | — | — | — | — | — | ($7.0m) | ($2.0m) | ($500.0m) | ($9.0m) | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $5.3b | $5.5b | $6.4b | $6.5b | $3.4b | $7.0b | $7.5b | $6.7b | $7.2b | $8.5b | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | $3.0b | $5.7b | $6.0b | $5.6b | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | $3.0b | $5.7b | $6.1b | $5.6b | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | $4.6b | — | — | — | — | — | |
| Total interest income | $9.7b | $10.8b | $12.6b | $13.8b | $11.3b | $11.1b | $15.4b | $24.3b | $26.4b | $25.3b | |
| Total noninterest income | $6.8b | $7.2b | $7.4b | $7.9b | $7.0b | $8.6b | $8.1b | $7.6b | $8.1b | $8.7b | |
| Total other income | — | — | — | — | — | — | $952.0m | $619.0m | $711.0m | $764.0m | |
| Income before income taxes and noncontrolling interests | $5.3b | $5.5b | $6.4b | $6.5b | $3.4b | $7.0b | $7.5b | $6.7b | $7.2b | $8.5b | |
| Net Income (Loss) Available to Common Stockholders, Basic | $3.7b | $5.1b | $5.0b | $5.1b | $2.7b | $5.4b | $5.7b | $5.1b | $5.5b | $6.6b | |
| Less: Net income attributable to noncontrolling interests | $82.0m | $50.0m | $45.0m | $49.0m | $41.0m | $51.0m | $72.0m | $69.0m | $64.0m | $61.0m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $82.0m | $50.0m | $45.0m | $49.0m | $41.0m | $51.0m | $72.0m | $69.0m | $64.0m | $61.0m | |
| Common Stock, Dividends, Per Share, Declared | $7.42 | $2.60 | $10.79 | $11.43 | $16.99 | $12.71 | $13.86 | $6.10 | $6.30 | $6.60 | |
| Earnings Per Share, Basic | $7.42 | $10.49 | $10.79 | $11.43 | $16.99 | $12.71 | $13.86 | $12.80 | $13.76 | $16.60 | |
| Earnings Per Share, Diluted | $7.30 | $10.36 | $10.71 | $11.39 | $16.96 | $12.70 | $13.85 | $12.79 | $13.74 | $16.59 | |
| Weighted Average Number of Shares Outstanding, Basic | 494.0m | 481.0m | 467.0m | 447.0m | 427.0m | 426.0m | 412.0m | 401.0m | 399.0m | 396.0m | |
| Weighted Average Number of Shares Outstanding, Diluted | 500.0m | 486.0m | 470.0m | 448.0m | 427.0m | 426.0m | 412.0m | 401.0m | 400.0m | 396.0m | |
| Noninterest expense: | |||||||||||
| Current Income Tax Expense (Benefit) | $942.0m | $505.0m | $949.0m | $759.0m | $827.0m | $1.1b | $1.0b | $1.3b | $1.3b | $1.5b | |
| Equipment Expense | $974.0m | $1.1b | $1.1b | $1.2b | $1.2b | $1.4b | $1.4b | $1.4b | $1.5b | $1.6b | |
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | — | — | — | — | — | — | $439.0m | $792.0m | $741.0m | $660.0m | |
| Interest Expense | $1.3b | $1.7b | $2.9b | $3.8b | $1.4b | $487.0m | $2.4b | $10.4b | $12.9b | $10.9b | |
| Labor and Related Expense | $4.8b | $5.2b | $5.5b | $5.6b | $5.7b | $7.1b | $7.2b | $7.4b | $7.3b | $7.8b | |
| Marketing and Advertising Expense | $247.0m | $244.0m | $285.0m | $301.0m | $236.0m | $319.0m | $355.0m | $350.0m | $362.0m | $378.0m | |
| Income Tax Expense (Benefit) | $1.3b | $102.0m | $1.1b | $1.1b | $426.0m | $1.3b | $1.4b | $1.1b | $1.3b | $1.5b | |
| Interest Income (Expense), Net | $8.4b | $9.1b | $9.7b | $10.0b | $9.9b | $10.6b | $13.0b | $13.9b | $13.5b | $14.4b | |
| Total interest expense | $1.3b | $1.7b | $2.9b | $3.8b | $1.4b | $487.0m | $2.4b | $10.4b | $12.9b | $10.9b | |
| Total noninterest expense | $9.5b | $10.4b | $10.3b | $10.6b | $10.3b | $13.0b | $13.2b | $14.0b | $13.5b | $13.8b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.