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PNC Financial Services PNC

US equityMarket cap rank #179Asset Management
$222.99
−$1.04 (-0.46%)
Market open · Sep 24, 2:00 pm ET
After hours $225.00 +0.43%
Open$225.00
Prev close$224.03
Day range$220.65 – $225.12
Volume813.5K
Market cap$88.96B
P/E (TTM)12.3
Dividend yield3.05%

Fundamentals

Latest reported quarter: Q2, ended Jun 2026

Revenue$6.43B+13.5% YoY
Net profit$2.06B+25.1% YoY
Diluted EPS$4.81+24.9% YoY
Free cash flow$2.15B+45.1% YoY
Operating cash flow$2.15B

Revenue, last 8 quarters

$5.4BSep '24$5.6BDec '24$5.4BMar '25$5.7BJun '25$5.9BSep '25$6.1BDec '25$6.2BMar '26$6.4BJun '26

Net profit, last 8 quarters

$1.5BSep '24$1.6BDec '24$1.5BMar '25$1.6BJun '25$1.8BSep '25$2.0BDec '25$1.8BMar '26$2.1BJun '26

Diluted EPS by quarter

3.49Sep '243.77Dec '243.51Mar '253.85Jun '254.35Sep '254.88Dec '254.13Mar '264.81Jun '26

Free cash flow by quarter

$3.3BSep '24$1.8BDec '24$-509.0MMar '25$1.5BJun '25$2.7BSep '25$757.0MDec '25$1.9BMar '26$2.1BJun '26

Annual revenue

$16.9BFY20$19.2BFY21$21.1BFY22$21.5BFY23$20.8BFY24$23.1BFY25

Profitability & balance sheet

Net margin29.6%
Return on equity11.9%
Return on assets1.2%
Liabilities / assets89.6%
Cash & investments$28.75B
Total debt$85.72B
Net cash (debt)-$56.98B
Free cash flow / sales30.5%

Where the revenue comes from

Quarter 2026/Q2

By business line

  • Retail Banking$4.52B 54.8%
  • Corporate & Institutional Banking$3.26B 39.6%
  • Asset Management Group$462.00M 5.6%

Income statement

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Revenue as Reported $6.88B $6.17B $23.10B $6.07B $5.92B
Total Operating Revenue $6.43B $6.16B $23.08B $6.07B $5.90B
Net Interest Income $4.11B $3.96B $14.41B $3.73B $3.65B
-Interest Income $6.69B $6.44B $25.31B $6.38B $6.53B
-Interest Expense $2.59B $2.48B $10.90B $2.65B $2.88B
Non-Interest Income $2.32B $2.20B $8.67B $2.34B $2.25B
-Fees and Commissions $2.28B $2.08B $7.93B $2.12B $2.07B
-Other Non-Interest Income $180.00M $125.00M $773.00M $224.00M $198.00M
-Gain Loss on Sale of Assets -$137.00M -$8.00M -$31.00M -$10.00M -$15.00M
Credit Losses Provision -$193.00M -$202.00M -$757.00M -$136.00M -$152.00M
Non-Interest Expense $4.10B $3.67B $13.94B $3.71B $3.46B
Occupancy and Equipment $687.00M $677.00M $2.57B $659.00M $651.00M
Selling and Admin Expenses $2.38B $2.19B $8.16B $2.13B $2.06B
-Selling & Marketing Expense $110.00M $87.00M $378.00M $101.00M $93.00M
-General & Admin Expense $2.27B $2.11B $7.78B $2.03B $1.97B
Other Non-Interest Expenses $1.03B $800.00M $3.21B $918.00M $747.00M
Other Income (Expense) $448.00M -$98.00M $108.00M $108.00M –
Special Income (Charges) $448.00M -$98.00M $108.00M $108.00M $0.00
-Less:Other Special Charges -$448.00M – -$108.00M – –
Pretax Profit $2.59B $2.19B $8.49B $2.33B $2.29B
Tax $531.00M $415.00M $1.49B $296.00M $465.00M
Net Profit $2.06B $1.77B $7.00B $2.03B $1.82B
Profit from Continuing Operations $2.06B $1.77B $7.00B $2.03B $1.82B
Minority Interests $15.00M $12.00M $61.00M $13.00M $14.00M
Net Income to Parent Company $2.04B $1.76B $6.94B $2.02B $1.81B
Preferred Stock Dividends $85.00M $73.00M $308.00M $83.00M $71.00M
Other Preferred Stock Dividends $14.00M $12.00M $52.00M $15.00M $14.00M
Net Income to Common Stockholders $1.94B $1.68B $6.58B $1.92B $1.72B
Basic EPS $4.82 $4.13 $16.60 $4.88 $4.36
Diluted EPS $4.81 $4.13 $16.59 $4.88 $4.35
Dividend Per Share $1.70 $1.70 $6.60 $1.70 $1.70
-Less:Restructuring and Mergern & Acquisition – $98.00M – – –

Balance sheet

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Assets $616.03B $603.03B $573.57B $573.57B $568.77B
Cash, Cash Equivalents & Federal Funds Sold $28.75B $31.70B $39.71B $39.71B $38.87B
-Cash and Cash Equivalents $28.75B $31.70B $39.71B $39.71B $38.87B
Securities Investment $149.51B $143.11B $138.24B $138.24B $141.52B
-Available for Sale Securities $70.08B $69.82B $67.61B $67.61B $67.76B
-Held to Maturity Securities $70.82B $64.22B $59.96B $59.96B $62.24B
-Short Term Investments $8.60B $9.07B $10.67B $10.67B $11.52B
Long Term Equity Investment $11.74B $10.51B $10.79B $10.79B $9.97B
Net Loan $364.82B $357.59B $321.92B $321.92B $316.43B
-Gross Loan $369.48B $362.26B $326.25B $326.25B $320.82B
-Allowance for Loans and Lease Losses $4.65B $4.66B $4.33B $4.33B $4.39B
Goodwill and Other Intangible Assets $17.12B $17.10B $14.62B $14.62B $14.59B
-Goodwill $13.32B $13.28B $10.96B $10.96B $10.96B
-Other Intangible Assets $3.80B $3.82B $3.66B $3.66B $3.63B
Other Assets $44.11B $43.02B $41.20B $41.20B $40.57B
Total Liabilities $551.97B $539.35B $512.94B $512.94B $509.73B
Total Deposits $449.79B $457.65B $440.87B $440.87B $432.75B
Long Term Debt and Capital Lease Obligation $85.72B $66.67B $57.10B $57.10B $62.34B
-Long Term Debt $85.72B $66.67B $57.10B $57.10B $62.34B
Non-Current Liabilities $809.00M $832.00M $818.00M $818.00M $775.00M
Other Liabilities $15.65B $14.21B $14.15B $14.15B $13.86B
Total Equity $64.06B $63.68B $60.64B $60.64B $59.04B
Stockholders' Equity $64.01B $63.63B $60.59B $60.59B $58.99B
Capital Stock $2.79B $2.79B $2.72B $2.72B $2.72B
-Common Stock $2.79B $2.79B $2.72B $2.72B $2.72B
-Preferred Stock $0.00 $0.00 $0.00 $0.00 $0.00
Additional Paid-In Capital $22.00B $21.93B $18.92B $18.92B $18.86B
Retained Earnings $65.52B $64.26B $63.27B $63.27B $62.01B
Less: Treasury Stock $22.18B $21.57B $20.91B $20.91B $20.52B
Gains/Losses Not Affecting Retained Earnings -$4.12B -$3.77B -$3.41B -$3.41B -$4.08B
Minority Interests $53.00M $49.00M $51.00M $51.00M $48.00M
Receivables – – $7.09B $7.09B $6.81B
-Other Receivables – – $7.09B $7.09B $6.81B

Cash flow

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Operating Cash Flow $2.15B $1.93B $4.38B $757.00M $2.66B
Net cash flow from continuing operations $2.15B $1.93B $4.38B $757.00M $2.66B
Net Income from Continuing Operations $2.06B $1.77B $7.00B $2.03B $1.82B
Gain/Loss from Continuing Operations $109.00M $8.00M $31.00M $10.00M $15.00M
Depreciation & Depletion & Amortization $107.00M $66.00M $381.00M $108.00M $101.00M
Deferred Tax $254.00M -$102.00M -$40.00M $28.00M -$10.00M
Other Non-Cash Items $125.00M $480.00M $708.00M $329.00M $253.00M
Change in Working Capital -$773.00M -$606.00M -$4.94B -$1.96B $229.00M
-Change in Payables and Accrued Expense $472.00M -$1.76B -$1.61B $479.00M $306.00M
-Change in Loans -$194.00M $571.00M -$1.10B -$854.00M $707.00M
-Change in Other Current Assets -$759.00M $474.00M $1.74B -$909.00M $863.00M
-Change in Other Working Capital -$292.00M $105.00M -$3.97B -$673.00M -$1.65B
Net cash flow from investing -$15.06B -$10.59B -$15.62B -$2.11B -$820.00M
Net Cash Flow from Continuing Investing Activities -$15.06B -$10.59B -$15.62B -$2.11B -$820.00M
Net Business Purchase and Sale $0.00 -$80.00M – – –
Net Investment Purchase and Sale -$6.84B $5.07B $2.74B $2.89B $1.31B
Net Income from Loans -$7.02B -$14.20B -$16.17B -$5.17B -$631.00M
Net Other Investing Changes -$1.44B -$1.64B -$2.64B -$1.14B -$827.00M
Financing Cash Flow $9.96B $644.00M $4.70B $2.19B $6.64B
Net Cash Flow from Continuing Financing Activities $9.96B $644.00M $4.70B $2.19B $6.64B
Change in Federal Funds and Securities Sold for Repurchase -$16.00M -$28.00M $77.00M -$19.00M $132.00M
Increase/Decrease in Deposit -$7.85B -$6.29B $14.13B $8.12B $6.05B
Net Issuance Payments of Debt $19.23B $8.35B -$5.30B -$4.75B $1.51B
Net Common Stock Issuance -$614.00M -$770.00M -$1.27B -$397.00M -$307.00M
Cash Dividends Paid -$776.00M -$769.00M -$2.94B -$759.00M -$749.00M
Net Other Financing Activities -$17.00M $154.00M – – –
Ending Cash Balance $28.75B $31.70B $39.71B $39.71B $38.87B
Net Change in Cash -$2.95B -$8.01B -$6.54B $842.00M $8.48B
Beginning Cash Balance $31.70B $39.71B $46.25B $38.87B $30.39B
Free Cash Flow $2.15B $1.93B $4.38B $757.00M $2.66B
Net Preferred Stock Issuance – – $0.00 – –
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