The PNC Financial Services Group, Inc.
Profit after direct costs
Core business profitability
Bottom line profitability
Top line growth rate
Flow of revenue through cost categories to net income
| Item | Trend | 2021 | 2022 | 2023 | 2024 | 2025 | YoY Change |
|---|---|---|---|---|---|---|---|
Total Revenue | 19.70B | 23.54B | 31.90B | 33.69B | 31.34B | -7.0% | |
| Cost of Revenue | (292.00M) | (2.89B) | (11.15B) | (13.68B) | (8.88B) | -35.1% | |
Gross Profit | 19.99B | 20.64B | 20.75B | 20.01B | 22.46B | 12.2% | |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | |
| Selling, General & Administrative | (7.46B) | (7.60B) | (7.78B) | (7.66B) | (9.47B) | 23.6% | |
| General & Administrative | (7.14B) | (7.24B) | (7.43B) | (7.30B) | (9.09B) | 24.5% | |
| Selling & Marketing | (319.00M) | (355.00M) | (350.00M) | (362.00M) | (378.00M) | 4.4% | |
| Depreciation & Amortization | (1.77B) | (651.00M) | (217.00M) | (259.00M) | (90.00M) | -65.3% | |
Operating Income (EBIT) | 6.99B | 7.47B | 6.74B | 7.24B | 8.49B | 17.2% | |
| Non-Operating Items | |||||||
| Interest Income | 11.13B | 15.44B | 24.31B | 26.38B | 25.31B | -4.1% | |
| Interest Expense | (487.00M) | (2.42B) | (10.39B) | (12.88B) | (10.90B) | -15.4% | |
| Other Income/Expenses (Net) | — | — | — | — | — | — | |
Income Before Tax | 6.99B | 7.47B | 6.74B | 7.24B | 8.49B | 17.2% | |
| Income Tax Expense | (1.26B) | (1.36B) | (1.09B) | (1.29B) | (1.49B) | 15.5% | |
Net Income | 5.67B | 6.04B | 5.58B | 5.89B | 6.94B | 17.8% | |
| Per Share Metrics | |||||||
| Earnings Per Share (Basic) | $13 | $14 | $13 | $14 | $17 | 20.8% | |
| Weighted Avg Shares Outstanding | 426.00M | 412.00M | 401.00M | 399.00M | 394.00M | -1.3% | |
| Weighted Avg Shares Outstanding (Diluted) | 426.00M | 412.00M | 401.00M | 400.00M | 394.00M | -1.5% | |
EBITDA | 8.76B | 8.12B | 6.95B | 7.50B | 8.58B | 14.3% |
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PNC in the Financial Services
Large Cap