# PNC Financial Services Group, Inc. (PNC) FY2025 Q1 P&L / Income Statement

- Company: PNC Financial Services Group, Inc. (PNC)
- Period: 2025-01-01 to 2025-03-31
- Filing: Q1 FY2025 10-Q, filed 2025-05-02, accession number 0001628280-25-021752
- Page: https://plicit.ai/financials/pnc/fy2025-q1-income-statement
- Chart image: https://plicit.ai/charts/pnc-fy2025-q1-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2025-01-01 through 2025-03-31. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenue**: 5,452,000,000 US dollars
- **Operating expenses (calculated)**: 3,606,000,000 US dollars
- **Operating profit (calculated)**: 1,846,000,000 US dollars
- **Other income (expense), net (calculated)**: 0 US dollars
- **Income before income taxes and noncontrolling interests**: 1,846,000,000 US dollars
- **Income taxes**: 347,000,000 US dollars
- **Net income**: 1,499,000,000 US dollars
- **Total noninterest income**: 1,976,000,000 US dollars
- **Net interest income**: 3,476,000,000 US dollars
- **Total noninterest expense**: 3,387,000,000 US dollars
- **Provision For Credit Losses**: 219,000,000 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 (3 categories)

- Page: https://plicit.ai/financials/pnc/fy2025-q1-income-statement/revenue-by-business-segment-3-categories
- Chart image: https://plicit.ai/charts/pnc-fy2025-q1-revenue-by-business-segment-3-categories-sankey.png

Income statement for 2025-01-01 through 2025-03-31. View: Business segment (3 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenue**: 5,452,000,000 US dollars
- **Operating expenses (calculated)**: 3,606,000,000 US dollars
- **Operating profit (calculated)**: 1,846,000,000 US dollars
- **Other income (expense), net (calculated)**: 0 US dollars
- **Income before income taxes and noncontrolling interests**: 1,846,000,000 US dollars
- **Income taxes**: 347,000,000 US dollars
- **Net income**: 1,499,000,000 US dollars
- **Retail Banking 1**: 605,000,000 US dollars
- **Corporate & Institutional Banking**: 671,000,000 US dollars
- **Asset Management Group**: 239,000,000 US dollars
- **Undisclosed (calculated)**: 3,937,000,000 US dollars
- **Total noninterest expense**: 3,387,000,000 US dollars
- **Provision For Credit Losses**: 219,000,000 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 (4 categories)

- Page: https://plicit.ai/financials/pnc/fy2025-q1-income-statement/revenue-by-business-segment-4-categories
- Chart image: https://plicit.ai/charts/pnc-fy2025-q1-revenue-by-business-segment-4-categories-sankey.png

Income statement for 2025-01-01 through 2025-03-31. View: Business segment (4 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenue**: 5,452,000,000 US dollars
- **Operating expenses (calculated)**: 3,606,000,000 US dollars
- **Operating profit (calculated)**: 1,846,000,000 US dollars
- **Other income (expense), net (calculated)**: 0 US dollars
- **Income before income taxes and noncontrolling interests**: 1,846,000,000 US dollars
- **Income taxes**: 347,000,000 US dollars
- **Net income**: 1,499,000,000 US dollars
- **Retail Banking**: 3,532,000,000 US dollars
- **Corporate & Institutional Banking**: 2,606,000,000 US dollars
- **Asset Management Group**: 427,000,000 US dollars
- **Total noninterest expense**: 3,387,000,000 US dollars
- **Provision For Credit Losses**: 219,000,000 US dollars
- **Revenue before reconciliation (calculated)**: 6,565,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Other Segments**: negative 1,113,000,000 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.