The PNC Financial Services Group, Inc
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.
Follow PNC
The PNC Financial Services Group, Inc (PNC) Gross margin
The PNC Financial Services Group, Inc's gross margin over the twelve months to 30 September 2026 was 70.9%, up 3.0 percentage points from fiscal 2025 (68.0%). Over the past ten years it has ranged from 62.6% (fiscal 2024) to 97.5% (fiscal 2021); the current reading is higher than 27% of that period. That is in line with the Banks Regional industry median of 69.6% and in line with the Financial sector median of 69.9%.
Gross margin, annual
Embed this chart
Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 68.0% | 5.36 |
| FY2024 | 62.6% | (4.81) |
| FY2023 | 67.4% | (22.31) |
| FY2022 | 89.7% | (7.82) |
| FY2021 | 97.5% | 4.98 |
| FY2020 | 92.6% | 10.95 |
| FY2019 | 81.6% | (3.38) |
| FY2018 | 85.0% | (5.56) |
| FY2017 | 90.5% | (1.78) |
| FY2016 | 92.3% | (1.26) |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 70.1% | (2.55) |
| Jun 2026 | 72.7% | 1.37 |
| Mar 2026 | 71.3% | 1.67 |
| Dec 2025 | 69.6% | 2.36 |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| IBN ICICI Bank Limited compare | 72.0% |
| NU Nu Holdings Ltd. compare | 71.7% |
| PNC The PNC Financial Services Group, Inc | 70.9% |
| USB U.S. Bancorp compare | 68.7% |
| LYG Lloyds Banking Group PLC compare | 66.3% |
| HDB HDFC Bank Limited compare | 57.1% |
| MFG Mizuho Financial Group, Inc. compare | 55.9% |
| NWG NatWest Group plc compare | 55.7% |
| DB Deutsche Bank Aktiengesellschaft compare | 53.6% |
| Banks Regional industry median | 69.6% |
| Financial sector median | 69.9% |
| Market median | 46.2% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on PNC
- Revenue
- Net income
- EPS (diluted)
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement