The PNC Financial Services Group, Inc. (PNC) Financial Statements

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PNC Financial Services financial statements at a glance

At the end of fiscal year 2024 it had total assets of $560.04 billion, total liabilities of $505.61 billion and shareholders' equity of $54.43 billion, with total debt of $39.67 billion.

Its operations brought in $7.88 billion of cash.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 3 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended December 31, 2024.

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The PNC Financial Services Group, Inc.

PNCUnited States
Financial Services
USD (Local)

Income Statement

Annual • USD

Interest Income, Bank
26.38B
Prev Year: 24.31B
YoY: +8.5%
Total Interest Expense
12.88B
Prev Year: 10.39B
YoY: +24.0%
Non-Interest Expense, Bank
-13.52B
Prev Year: -14.01B
YoY: +3.5%
Net Interest Income
13.50B
Prev Year: 13.92B
YoY: -3.0%
Loan Loss Provision
789.00M
Prev Year: 742.00M
YoY: +6.3%
Net Interest Inc. After Loan Loss Prov.
12.71B
Prev Year: 13.17B
YoY: -3.5%
Non-Interest Income, Bank
8.06B
Prev Year: 7.57B
YoY: +6.4%
Net Income Before Taxes
7.24B
Prev Year: 6.74B
YoY: +7.5%
Provision for Income Taxes
1.29B
Prev Year: 1.09B
YoY: +18.4%
Net Income After Taxes
5.95B
Prev Year: 5.65B
YoY: +5.4%
Net Income Before Extra. Items
5.89B
Prev Year: 5.58B
YoY: +5.6%
Net Income
5.89B
Prev Year: 5.58B
YoY: +5.6%
Total Adjustments to Net Income
-393.00M
Prev Year: -452.00M
YoY: +13.1%
Income Available to Com Excl ExtraOrd
5.50B
Prev Year: 5.13B
YoY: +7.2%
Income Available to Com Incl ExtraOrd
5.50B
Prev Year: 5.13B
YoY: +7.2%
Diluted Net Income
5.50B
Prev Year: 5.13B
YoY: +7.2%
Diluted Weighted Average Shares
400.00M
Prev Year: 401.00M
YoY: -0.2%
Diluted EPS Excluding ExtraOrd Items
13.74
Prev Year: 12.783
YoY: +7.5%
DPS - Common Stock Primary Issue
6.3
Prev Year: 6.1
YoY: +3.3%
Diluted Normalized EPS
14.416
Prev Year: 14.173
YoY: +1.7%
Minority Interest
-64.00M
Prev Year: -69.00M
YoY: +7.2%
Values in USD

PNC Financial Services key figures by fiscal year

FY2024FY2023FY2022
Net income$5.9B$5.6B$6.0B
Total assets$560.0B$561.6B$557.3B
Total liabilities$505.6B$510.5B$511.5B
Shareholders' equity$54.4B$51.1B$45.8B
Total debt$39.7B$34.7B$26.6B
Operating cash flow$7.9B$10.1B$9.1B

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2022.

Questions and answers

How much profit does PNC Financial Services make?

PNC Financial Services reported net income of $5.89 billion for fiscal year 2024.

How much cash and debt does PNC Financial Services have?

At the end of fiscal year 2024: total debt of $39.67 billion.

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
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