The PNC Financial Services Group, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $7.00B | $5.95B | $5.65B | $6.11B | $5.73B | $7.56B | $5.42B | $5.35B |
| Depreciation & Amortization | $381.0M | $259.0M | $1.15B | $1.14B | $1.07B | $983.0M | $1.04B | $940.0M |
| Depreciation | $1.00B | $912.0M | $900.0M | $899.0M | $844.0M | $791.0M | $778.0M | $754.0M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $4.38B | $7.88B | $10.11B | $9.08B | $7.21B | $4.66B | $7.36B | $7.84B |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | $10.51B | — | $-75.0M | — |
| Net Cash from Investing Activities | $-15.62B | $-3.23B | $10.11B | $-60.36B | $-2.80B | $-51.12B | $-24.99B | $-3.97B |
| Financing Activities | ||||||||
| Dividends Paid | $2.64B | $2.54B | $2.46B | $2.39B | $2.06B | $1.98B | $1.90B | $1.60B |
| Stock Repurchases | $1.34B | $687.0M | $651.0M | $3.73B | $1.08B | $1.62B | $3.58B | $2.88B |
| Net Cash from Financing Activities | $4.70B | $-9.12B | $-3.85B | $3.38B | $-3.43B | $48.42B | $17.08B | $-3.51B |
| Net Change in Cash | $-6.54B | $-4.47B | $16.36B | $-47.89B | $987.0M | $1.96B | $-547.0M | $359.0M |
| Free Cash Flow | — | — | — | — | — | — | — | — |