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

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

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.