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Saturday 17 October 2026 Export PNC’s income statement to Excel — free account

The PNC Financial Services Group, Inc

PNC Financial Banks Regional

The PNC Financial Services Group, Inc’s revenue for fiscal 2025 (year ended December 2025) was $34.0 billion, down 1.29% from fiscal 2024. In the quarter to September 2026, revenue grew 6.44%, EPS grew 19.9%, free cash flow grew 45.1% and total debt rose 32.2%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years; insiders bought in the last twelve months.

217.39 2.45 +1.14%
Market cap
$85.8B
P/E
11.4×
Fwd P/E
12.4×
Dividend yield
3.40%
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

The PNC Financial Services Group, Inc (PNC) Debt to equity

Alert me on Debt to equity

The PNC Financial Services Group, Inc's debt to equity at the end of the quarter to 30 September 2026 was 1.2×, up 0.3× from fiscal 2025 (0.9×). Over the past ten years it has ranged from 0.6× (fiscal 2021) to 1.4× (fiscal 2023); the current reading is higher than 27% of that period. That is above the Banks Regional industry median of 0.2× and above the Financial sector median of 0.2×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.9× (16.22%)
FY2024 1.1× (21.07%)
FY2023 1.4× 6.36%
FY2022 1.3× 132.01%
FY2021 0.6× (19.74%)
FY2020 0.7× (43.64%)
FY2019 1.2× 11.31%
FY2018 1.1× (3.85%)
FY2017 1.1× 10.17%
FY2016 1.0× (4.68%)

Quarterly newest first

Period Debt to equity Change
Sep 2026 1.2× (7.72%)
Jun 2026 1.3× 27.80%
Mar 2026 1.0× 11.18%
Dec 2025 0.9× (4.65%)
43 more quarters

Against its own ten years

Low 0.6× High 1.4×
Ten-year median 1.1×
Current reading's percentile 27

Debt to equity against peers

Company Debt to equity
HDB HDFC Bank Limited compare 0.0×
NWG NatWest Group plc compare 0.2×
NU Nu Holdings Ltd. compare 0.4×
IBN ICICI Bank Limited compare 0.6×
USB U.S. Bancorp compare 0.8×
PNC The PNC Financial Services Group, Inc 1.2×
DB Deutsche Bank Aktiengesellschaft compare 1.4×
MFG Mizuho Financial Group, Inc. compare 1.5×
LYG Lloyds Banking Group PLC compare 2.1×
Banks Regional industry median 0.2×
Financial sector median 0.2×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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