The PNC Financial Services Group, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $23.10B | $21.56B | $21.49B | $21.12B | $19.21B | $16.90B | $16.84B | $16.19B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $8.49B | $7.24B | $17.13B | $9.90B | $7.48B | $4.79B | $9.29B | $8.35B |
| Operating Margin | 36.7% | 33.6% | 79.7% | 46.9% | 38.9% | 28.3% | 55.2% | 51.6% |
| Interest Expense | — | — | $10.39B | $2.42B | $487.0M | $1.36B | $3.80B | $2.86B |
| Pretax Income | $8.49B | $7.24B | $6.74B | $7.47B | $6.99B | $3.43B | $5.49B | $5.49B |
| Income Tax Expense | $1.49B | $1.29B | $1.09B | $1.36B | $1.26B | $426.0M | $901.0M | $928.0M |
| Net Income | $7.00B | $5.95B | $5.65B | $6.11B | $5.73B | $7.56B | $5.42B | $5.35B |
| Net Margin | 30.3% | 27.6% | 26.3% | 28.9% | 29.8% | 44.7% | 32.2% | 33.0% |
| EPS (Basic) | $16.60 | $13.76 | $12.80 | $13.86 | $12.71 | $16.99 | $11.43 | $10.79 |
| EPS (Diluted) | $16.59 | $13.74 | $12.79 | $13.85 | $12.70 | $16.96 | $11.39 | $10.71 |
| Shares Outstanding (Basic) | 396.0M | 399.0M | 401.0M | 412.0M | 426.0M | 427.0M | 447.0M | 467.0M |
| Shares Outstanding (Diluted) | 396.0M | 400.0M | 401.0M | 412.0M | 426.0M | 427.0M | 448.0M | 470.0M |
| Dividends Per Share | $6.60 | $6.30 | $6.10 | $5.75 | $4.80 | — | — | — |