# PNC FINANCIAL SERVICES GROUP, INC (PNC) FY2024 Annual P&L / Income Statement

- Company: PNC FINANCIAL SERVICES GROUP, INC (PNC)
- Period: 2024-01-01 to 2024-12-31
- Filing: FY2024 10-K, filed 2025-02-21, accession number 0000713676-25-000027
- Page: https://plicit.ai/financials/pnc/fy2024-annual-income-statement
- Chart image: https://plicit.ai/charts/pnc-fy2024-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2024-01-01 through 2024-12-31. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenue**: 21,555,000,000 US dollars
- **Operating expenses (calculated)**: 14,313,000,000 US dollars
- **Operating profit (calculated)**: 7,242,000,000 US dollars
- **Other income (expense), net (calculated)**: 0 US dollars
- **Income before income taxes and noncontrolling interests**: 7,242,000,000 US dollars
- **Income taxes**: 1,289,000,000 US dollars
- **Net income**: 5,953,000,000 US dollars
- **Net interest income**: 13,499,000,000 US dollars
- **Total noninterest income**: 8,056,000,000 US dollars
- **Provision For Credit Losses**: 789,000,000 US dollars
- **Total noninterest expense**: 13,524,000,000 US dollars

### Chart connections

- Revenue minus operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/pnc/fy2024-annual-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/pnc-fy2024-annual-revenue-by-business-segment-sankey.png

Income statement for 2024-01-01 through 2024-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenue**: 21,555,000,000 US dollars
- **Operating expenses (calculated)**: 14,313,000,000 US dollars
- **Operating profit (calculated)**: 7,242,000,000 US dollars
- **Other income (expense), net (calculated)**: 0 US dollars
- **Income before income taxes and noncontrolling interests**: 7,242,000,000 US dollars
- **Income taxes**: 1,289,000,000 US dollars
- **Net income**: 5,953,000,000 US dollars
- **Retail Banking**: 14,515,000,000 US dollars
- **Corporate & Institutional Banking**: 10,229,000,000 US dollars
- **Asset Management Group**: 1,601,000,000 US dollars
- **Provision For Credit Losses**: 789,000,000 US dollars
- **Total noninterest expense**: 13,524,000,000 US dollars
- **Revenue before reconciliation (calculated)**: 26,345,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Other Segments**: negative 4,790,000,000 US dollars. Reported reconciliation to consolidated revenue.

### Chart connections

- Revenue minus operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.