PNC FINANCIAL SERVICES GROUP, INC (PNC) FY2024 Annual Balance Sheet

Income StatementCash FlowBalance Sheet

Balance Sheet

As of 2024-12-31

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PNC FINANCIAL SERVICES GROUP, INC (PNC) FY2024 Annual Balance SheetBalance sheet as of 2024-12-31. The chart shows assets, liabilities and equity at that date.Liabilities$505.57 BAssets$560.04 BEquity$54.47 BGross equity(calculated)$80.75 BHOLDINGSASSETSCLAIM CLASSCLAIM SUB-CLASSCLAIMSNet loansInvestment securities – held-to-maturityInvestment securities – available-for-saleInterest-earning deposits with banksOtherGoodwillEquity investmentsCash and due from banksMortgage servicing rightsLoans held for saleInterest-bearingNoninterest-bearingSenior debtFederal Home Loan Bank advancesAccrued expenses and other liabilitiesSubordinated debtOtherAllowance for unfunded lending related commitmentsRetained earningsCapital surplusCommon stock ($5 par value, Authorized 800,000,000 shares, issued 543,310,646 and 543,116,271 shares)Noncontrolling interestsAssetsLiabilitiesEquityGross equity (calculated)Common stock held in treasury at cost: 147,373,633 and 145,087,054 sharesAccumulated other comprehensive income (loss)LiabilitiesLiabilities$505.57 BInterest-bearingInterest-bearing$334.10 BNet loansNet loans$311.98 BAssetsAssets$560.04 BNoninterest-bearingNoninterest-bearing$92.64 BInvestment securities – held-to-maturityInvestment securities – held-to-maturity$77.69 BSenior debtSenior debt$32.50 BInvestment securities – available-for-saleInvestment securities – available-for-sale$62.04 BFederal Home Loan Bank advancesFederal Home Loan Bank advances$22.00 BInterest-earning deposits with banksInterest-earning deposits with banks$39.35 BAccrued expenses and other liabilitiesAccrued expenses and other liabilities$16.44 BOtherOther$36.98 BSubordinated debtSubordinated debt$4.10 BOtherOther$3.07 BGoodwillGoodwill$10.93 BEquityEquity$54.47 BAllowance for unfunded lending related commitmentsAllowance for unfunded lending related commitments$719.00 MEquity investmentsEquity investments$9.60 BGross equity (calculated)Gross equity(calculated)$80.75 BCash and due from banksCash and due from banks$6.90 BRetained earningsRetained earnings$59.28 BMortgage servicing rightsMortgage servicing rights$3.71 BCapital surplusCapital surplus$18.71 BLoans held for saleLoans held for sale$850.00 MCommon stock ($5 par value, Authorized 800,000,000 shares, issued 543,310,646 and 543,116,271 shares)Common stock$2.72 BNoncontrolling interestsNoncontrolling interests$44.00 MCommon stock held in treasury at cost: 147,373,633 and 145,087,054 sharesCommon stock held in treasury at cost:147,373,633 and 145,087,054 shares−$19.72 BAccumulated other comprehensive income (loss)Accumulated other comprehensive income (loss)−$6.57 B
Chart details

PNC FINANCIAL SERVICES GROUP, INC (PNC) FY2024 Annual Balance Sheet

Balance sheet as of 2024-12-31. The chart shows assets, liabilities and equity at that date.

Assets
560,038,000,000 US dollars
Liabilities
505,569,000,000 US dollars
Equity
54,469,000,000 US dollars
Noncontrolling interest
44,000,000 US dollars. Included in consolidated equity; this amount is not added again.
Loans
316,467,000,000 US dollars. Part of Net loans, drawn as one net amount.
Allowance for loan and lease losses
negative 4,486,000,000 US dollars. Part of Net loans, drawn as one net amount.
Net loans
311,981,000,000 US dollars
Investment securities – held-to-maturity
77,693,000,000 US dollars
Investment securities – available-for-sale
62,039,000,000 US dollars
Interest-earning deposits with banks
39,347,000,000 US dollars
Other
36,981,000,000 US dollars
Goodwill
10,932,000,000 US dollars
Equity investments
9,600,000,000 US dollars
Cash and due from banks
6,904,000,000 US dollars
Mortgage servicing rights
3,711,000,000 US dollars
Loans held for sale
850,000,000 US dollars
Interest-bearing
334,097,000,000 US dollars
Noninterest-bearing
92,641,000,000 US dollars
Senior debt
32,497,000,000 US dollars
Federal Home Loan Bank advances
22,000,000,000 US dollars
Accrued expenses and other liabilities
16,439,000,000 US dollars
Subordinated debt
4,104,000,000 US dollars
Other
3,072,000,000 US dollars
Allowance for unfunded lending related commitments
719,000,000 US dollars
Retained earnings
59,282,000,000 US dollars
Capital surplus
18,710,000,000 US dollars
Common stock ($5 par value, Authorized 800,000,000 shares, issued 543,310,646 and 543,116,271 shares)
2,717,000,000 US dollars
Noncontrolling interests
44,000,000 US dollars
Common stock held in treasury at cost: 147,373,633 and 145,087,054 shares
negative 19,719,000,000 US dollars
Accumulated other comprehensive income (loss)
negative 6,565,000,000 US dollars
Gross equity (calculated)
80,753,000,000 US dollars. Net equity plus the magnitudes of its negative contributions equals gross positive equity. The negative contributions enter this reconciliation as add-backs; their filed signs stay negative.

Chart connections

  • Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
  • Treasury shares and other negative equity contributions reduce equity.
PNC FINANCIAL SERVICES GROUP, INC (PNC) FY2024 Annual Balance Sheet Sankey chart
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