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

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

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.