pnc: the income statement

MyFinsight

For the quarter ending 2025-09-30, PNC made $5,915M in revenue. $1,735M in net income. Net profit margin of 29.33%.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Total revenue	5,915	5,661	5,452	5,432
Provision for credit losses	167	254	219	243
Personnel	1,970	1,889	1,890	1,869
Occupancy	235	235	245	234
Equipment	416	394	384	357
Marketing	93	99	85	93
Other	747	766	783	774
Total noninterest expense	3,461	3,383	3,387	3,327
Income before income taxes and noncontrolling interests	2,287	2,024	1,846	1,862
Income taxes	465	381	347	357
Net income	1,822	1,643	1,499	1,505
Less net income attributable to noncontrolling interests	14	16	18	15
Preferred stock dividends	71	83	71	82
Preferred stock discount accretion and redemptions	2	2	2	2
Net income attributable to common shareholders	1,735	1,542	1,408	1,406

Basic (in dollars per share)	4.36	3.86	3.52	3.5
Basic (in shares)	396,000,000	397,000,000	398,000,000	399,000,000
Diluted (in dollars per share)	4.35	3.85	3.51	3.49
Diluted (in shares)	396,000,000	397,000,000	398,000,000	400,000,000