PNC Financial Services Group, Inc. (PNC) FY2025 Q1 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2025-01-01 to 2025-03-31

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PNC Financial Services Group, Inc. cash flow reconciliation, Jan 1, 2025 through Mar 31, 2025One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Read chart description and values below for full signed amounts, including zero items.Securities held-to-maturity → investing reconciliation: $3,480,000,000.00Securities available-for-sale → investing reconciliation: $1,671,000,000.00Securities available-for-sale → investing reconciliation: $1,241,000,000.00Loans → investing reconciliation: $143,000,000.00investing reconciliation → Securities available-for-sale: $4,098,000,000.00investing reconciliation → Loans: $2,393,000,000.00investing reconciliation → Federal funds sold and resale agreements: $445,000,000.00investing reconciliation → Loans: $403,000,000.00investing reconciliation → Other investing activities, net: $145,000,000.00investing reconciliation → Securities held-to-maturity: $31,000,000.00Senior debt → financing reconciliation: $2,742,000,000.00Other borrowed funds → financing reconciliation: $419,000,000.00Common and treasury stock → financing reconciliation: $25,000,000.00financing reconciliation → Federal Home Loan Bank advances: $4,000,000,000.00financing reconciliation → Interest-bearing deposits: $3,551,000,000.00financing reconciliation → Senior debt: $750,000,000.00financing reconciliation → Common stock cash dividends paid: $639,000,000.00financing reconciliation → Noninterest-bearing deposits: $272,000,000.00financing reconciliation → Acquisition of treasury stock: $262,000,000.00financing reconciliation → Preferred stock cash dividends paid: $71,000,000.00financing reconciliation → Federal funds purchased and repurchase agreements: $3,000,000.00Net cash used in operating activities → operating reconciliation: $509,000,000.00Net income → operating reconciliation: $1,499,000,000.00Other assets → operating reconciliation: $964,000,000.00Provision For Credit Losses → operating reconciliation: $219,000,000.00Changes in fair value of mortgage servicing rights → operating reconciliation: $191,000,000.00Depreciation, amortization and accretion → operating reconciliation: $90,000,000.00operating reconciliation → Accrued expenses and other liabilities: $1,611,000,000.00operating reconciliation → Trading securities and other short-term investments: $1,495,000,000.00operating reconciliation → Loans held for sale and related securitization activity: $297,000,000.00operating reconciliation → Deferred income taxes (benefit): $47,000,000.00operating reconciliation → Other operating activities, net: $22,000,000.00Net cash used in financing activities → financing reconciliation: $6,362,000,000.00Net cash used in investing activities → investing reconciliation: $980,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $46,251,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $38,400,000,000.00Cash sources and uses → Net cash used in investing activities: $980,000,000.00Cash sources and uses → Net cash used in financing activities: $6,362,000,000.00Cash sources and uses → Net cash used in operating activities: $509,000,000.00Loans held for sale and related securitization activity: -$297,000,000.00Loans held for sale, net−$297.00 MProvision For Credit Losses: $219,000,000.00Provision For Credit Losses+$219.00 MOther assets: $964,000,000.00Other operating assets+$964.00 MTrading securities and other short-term investments: -$1,495,000,000.00Trading securities, net−$1.50 BDepreciation, amortization and accretion: $90,000,000.00Depreciation & amortization+$90.00 MDeferred income taxes (benefit): -$47,000,000.00Deferred income taxes−$47.00 MNet income: $1,499,000,000.00Net income+$1.50 BChanges in fair value of mortgage servicing rights: $191,000,000.00Mortgage servicing rights FV+$191.00 MAccrued expenses and other liabilities: -$1,611,000,000.00Accrued & other liabilities−$1.61 BOther operating activities, net: -$22,000,000.00Other working capital, net−$22.00 MNet cash used in operating activities: -$509,000,000.00. Cash required to fund net payments.Operating cash−$509.00 Moperating reconciliation: $3,472,000,000.00Other borrowed funds: $0.00Other borrowed funds: $0.00Other borrowed funds: $419,000,000.00Short-term debt ≤3 months, net+$419.00 MPreferred stock cash dividends paid: -$71,000,000.00Preferred dividends paid−$71.00 MFederal Home Loan Bank advances: -$4,000,000,000.00Federal Home Loan Bank advances−$4.00 BSenior debt: -$750,000,000.00Senior debt−$750.00 MSenior debt: $2,742,000,000.00Senior debt+$2.74 BCommon and treasury stock: $25,000,000.00Common and treasury stock+$25.00 MNoninterest-bearing deposits: -$272,000,000.00Noninterest-bearing deposits−$272.00 MAcquisition of treasury stock: -$262,000,000.00Common stock repurchases−$262.00 MCommon stock cash dividends paid: -$639,000,000.00Common dividends paid−$639.00 MInterest-bearing deposits: -$3,551,000,000.00Interest-bearing deposits−$3.55 BFederal funds purchased and repurchase agreements: -$3,000,000.00Federal funds & repo−$3.00 MNet cash used in financing activities: -$6,362,000,000.00. Cash required to fund net payments.Financing cash−$6.36 Bfinancing reconciliation: $9,548,000,000.00Other investing activities, net: -$145,000,000.00Other investing, net−$145.00 MSecurities available-for-sale: $1,671,000,000.00AFS securities maturities+$1.67 BLoans: $143,000,000.00Investment loan sales+$143.00 MSecurities available-for-sale: $1,241,000,000.00Securities available-for-sale+$1.24 BFederal funds sold and resale agreements: -$445,000,000.00Federal funds & resale, net−$445.00 MLoans: -$403,000,000.00Investment loan purchases−$403.00 MLoans: -$2,393,000,000.00Loans−$2.39 BSecurities held-to-maturity: -$31,000,000.00HTM securities purchases−$31.00 MSecurities available-for-sale: -$4,098,000,000.00AFS securities purchases−$4.10 BSecurities held-to-maturity: $3,480,000,000.00HTM securities maturities+$3.48 BNet cash used in investing activities: -$980,000,000.00. Cash required to fund net payments.Investing cash−$980.00 Minvesting reconciliation: $7,515,000,000.00Cash sources and uses: $46,251,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $46,251,000,000.00Beginning cash$46.25 BEnding cash: Cash, cash equivalents, and restricted cash: $38,400,000,000.00Ending cash$38.40 BCASH RECONCILIATIONInvestingflowsFinancingflowsOperatingflowsFree cash flowNot availableCash flow / Net income−0.34×Operating cash flow ÷ net incomeNet cash change−$7.85 BEnding cash − beginning cash
Chart details

PNC Financial Services Group, Inc. cash flow reconciliation, Jan 1, 2025 through Mar 31, 2025

Cash flows for Jan 1, 2025 through Mar 31, 2025. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2024. Ending cash: Mar 31, 2025. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 31, 2024
46,251,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
negative 509,000,000 US dollars. Net cash used.
Loans held for sale and related securitization activity
negative 297,000,000 US dollars
Provision For Credit Losses
219,000,000 US dollars
Other assets
964,000,000 US dollars
Trading securities and other short-term investments
negative 1,495,000,000 US dollars
Depreciation, amortization and accretion
90,000,000 US dollars
Deferred income taxes (benefit)
negative 47,000,000 US dollars
Net income
1,499,000,000 US dollars
Changes in fair value of mortgage servicing rights
191,000,000 US dollars
Accrued expenses and other liabilities
negative 1,611,000,000 US dollars
Other operating activities, net
negative 22,000,000 US dollars
Investing activities
negative 980,000,000 US dollars. Net cash used.
Other investing activities, net
negative 145,000,000 US dollars
Securities available-for-sale
1,671,000,000 US dollars
Loans
143,000,000 US dollars
Securities available-for-sale
1,241,000,000 US dollars
Federal funds sold and resale agreements
negative 445,000,000 US dollars
Loans
negative 403,000,000 US dollars
Loans
negative 2,393,000,000 US dollars
Securities held-to-maturity
negative 31,000,000 US dollars
Securities available-for-sale
negative 4,098,000,000 US dollars
Securities held-to-maturity
3,480,000,000 US dollars
Financing activities
negative 6,362,000,000 US dollars. Net cash used.
Other borrowed funds
0 US dollars
Other borrowed funds
0 US dollars
Other borrowed funds
419,000,000 US dollars
Preferred stock cash dividends paid
negative 71,000,000 US dollars
Federal Home Loan Bank advances
negative 4,000,000,000 US dollars
Senior debt
negative 750,000,000 US dollars
Senior debt
2,742,000,000 US dollars
Common and treasury stock
25,000,000 US dollars
Noninterest-bearing deposits
negative 272,000,000 US dollars
Acquisition of treasury stock
negative 262,000,000 US dollars
Common stock cash dividends paid
negative 639,000,000 US dollars
Interest-bearing deposits
negative 3,551,000,000 US dollars
Federal funds purchased and repurchase agreements
negative 3,000,000 US dollars
Operating adjustment reconciliation
3,472,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
9,548,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
7,515,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
0 US dollars
Ending cash on Mar 31, 2025
38,400,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
46,251,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 7,851,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
−0.34×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income or operating cash is negative. The full signed reconciliation is retained: losses remain deductions, and any negative operating-cash total enters the junction from the cash pool. No positive direct-income connection is implied.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
PNC Financial Services Group, Inc. (PNC) FY2025 Q1 Statement of Cash Flows Sankey chart
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