PNC Financial Services (PNC): financials, SEC filings and peers
PNC Financial Services (PNC) is a diversified banks company in the Financials sector of the S&P 500, headquartered in Pittsburgh, Pennsylvania.
It was founded in 1845 and joined the S&P 500 on April 30, 1988.
Its fiscal year ends in December, and its shares trade on the NYSE.
In its SEC filings it is classified as “National Commercial Banks”.
PNC Financial Services at a glance
- Revenue (12 months)
- $25.7B
- Revenue growth
- +13.6%
- Operating margin
- 37.9%
- Net income (12 months)
- $7.9B
- Free cash flow (12 months)
- —
- Cash
- $30.4B
- Debt
- $79.8B
- Diluted EPS (12 months)
- $18.78
Twelve months to September 30, 2026, from the 10-Q filed November 3, 2026.
Latest twelve months
Over the twelve months to September 30, 2026, PNC Financial Services reported revenue of $25.7 billion, up 13.6% from a year earlier.
Its operating margin was 37.9%, up 2.2 percentage points from a year earlier: for every $100 of sales, about $38 was left as operating profit.
Net income was $7.9 billion (30.9% of revenue), 20.8% higher than a year earlier.
At the end of the period it held $30.4 billion in cash and $79.8 billion in debt, a net debt position of $49.3 billion.
The diluted share count rose 1.3% in a year, which dilutes existing shareholders.
Five-year trend
- Revenue went from $16.9 billion in fiscal 2020 to $23.1 billion in fiscal 2025, about 6.4% a year.
- Revenue has grown for 5 fiscal years in a row.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $19.2B | $21.1B | $21.5B | $21.6B | $23.1B |
| Revenue growth | 13.7% | 9.9% | 1.8% | 0.3% | 7.2% |
| Operating margin | — | — | — | — | — |
| Net income | $5.7B | $6.1B | $5.6B | $6.0B | $7.0B |
| Free cash flow | — | — | — | — | — |
| Diluted EPS | $12.70 | $13.85 | $12.79 | $13.74 | $16.59 |
Fiscal years as reported in PNC Financial Services’s 10-K filings. Free cash flow is operating cash flow minus capital spending.
Recent SEC filings
- 8-K filed November 5, 2026 — Executive or director change; Regulation FD disclosure
- 10-Q filed November 3, 2026 — quarterly report
- 8-K filed October 23, 2026 — Other event
- 8-K filed October 15, 2026 — Regulation FD disclosure
- 8-K filed October 15, 2026 — Earnings results
- 8-K filed September 29, 2026 — Other event
- 10-Q filed August 5, 2026 — quarterly report
- 8-K filed July 21, 2026 — Other event
Companies like PNC Financial Services
Other S&P 500 companies in Diversified Banks:
- BACBank of AmericaCharlotte, North Carolina
- CCitigroupNew York City, New York
- JPMJPMorgan ChaseNew York City, New York
- TFCTruist FinancialCharlotte, North Carolina
- USBU.S. BancorpMinneapolis, Minnesota
- WFCWells FargoSan Francisco, California
More from Financials
Questions about PNC Financial Services
Is PNC Financial Services's revenue growing?
Yes. Revenue for the twelve months to September 30, 2026 was $25.7 billion, up 13.6% from a year earlier, according to its SEC filings.
Is PNC Financial Services profitable?
Yes. It earned $7.9 billion in net income over the twelve months to September 30, 2026, a net margin of 30.9%.
Does PNC Financial Services have more cash or more debt?
At September 30, 2026 it had $30.4 billion in cash and $79.8 billion in debt, so more debt than cash.
When did PNC Financial Services last file financial results?
Its latest quarterly report (10-Q) was filed with the SEC on November 3, 2026.
Which companies are similar to PNC Financial Services?
In the S&P 500, PNC Financial Services is grouped in Diversified Banks within the Financials sector. Bank of America (BAC), Citigroup (C), JPMorgan Chase (JPM), Truist Financial (TFC), U.S. Bancorp (USB) are in the same group.
Understand the numbers
Source: PNC Financial Services’s filings with the U.S. Securities and Exchange Commission (EDGAR), retrieved November 11, 2026. Figures are as reported by the company and may be restated. This page is for information only and is not financial advice.