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.