PNC FINANCIAL SERVICES GROUP, INC. (PNC) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	35.7B	34.0B	33.7B	31.9B	23.5B
Cost of Revenue	11.2B	11.7B	13.7B	11.2B	2.9B
Gross Profit	24.5B	22.3B	20.0B	20.7B	20.6B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	9.5B	8.2B	7.7B	7.8B	7.6B
General & Admin Expense	9.1B	7.8B	7.3B	7.4B	7.2B
Selling & Marketing Expense	404.0M	378.0M	362.0M	350.0M	355.0M
Other Expenses	5.2B	5.7B	5.1B	6.2B	5.6B
Total Operating Expenses	14.8B	13.8B	12.8B	14.0B	13.2B
Cost and Expenses	26.0B	25.5B	26.5B	25.2B	16.1B
Operating Income (EBIT)	9.7B	8.5B	7.2B	6.7B	7.5B
Non-Operating
Interest Income	26.5B	25.3B	26.4B	24.3B	15.4B
Interest Expense	10.5B	10.9B	12.9B	10.4B	2.4B
Net Interest Income	16.0B	14.4B	13.5B	13.9B	13.0B
Other Non-Op Income/Expense	—	—	—	—	—
Non-Operating Income (excl Interest)	(2.8B)	—	—	—	—
EBT (Pre-Tax Income)	9.7B	8.5B	7.2B	6.7B	7.5B
Income Tax Expense	1.8B	1.5B	1.3B	1.1B	1.4B
Bottom Line
Net Income	7.9B	6.9B	5.9B	5.6B	6.0B
Earnings from Cont. Ops	8.0B	7.0B	6.0B	5.6B	6.1B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	7.5B	6.6B	5.5B	5.1B	5.7B
Per Share
Basic EPS	$18.80	$16.62	$13.76	$12.80	$13.86
Diluted EPS	$18.79	$16.59	$13.74	$12.79	$13.85
Revenue Per Share	$89.11	$86.23	$84.45	$79.55	$57.13
Shares
Basic Shares Outstanding	401.0M	394.0M	399.0M	401.0M	412.0M
Diluted Shares Outstanding	401.0M	394.0M	400.0M	401.0M	412.0M
Profitability Metrics
EBITDA	12.8B	8.9B	7.5B	7.0B	8.1B
D&A	281.0M	381.0M	259.0M	217.0M	651.0M
EBIT	12.5B	8.5B	7.2B	6.7B	7.5B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026