Deferred Taxes
PNC Financial Services Deferred Taxes decreased by 920.0% to -$102.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 117.0%, from -$47.00M to -$102.00M.
Analysis
How to read this metric
Positive values indicate tax benefits that improve cash flow, while negative values indicate cash tax outflows exceeding accounting expense.
Detailed definition
This reflects the difference between income tax expense recognized in the financial statements and the actual tax payabl...
Peer comparison
Common across all industries; highly dependent on specific tax jurisdictions and capital expenditure cycles.
deferred_income_taxesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $303.00M | -$239.00M | $252.00M | $61.00M | $142.00M | $198.00M | -$30.00M | -$45.00M | -$44.00M | -$133.00M | -$44.00M | -$68.00M | -$47.00M | -$11.00M | -$10.00M | -$102.00M |
| QoQ Change | — | -178.9% | +205.4% | -75.8% | +132.8% | +39.4% | -115.2% | -50.0% | +2.2% | -202.3% | +66.9% | -54.5% | +30.9% | +76.6% | +9.1% | -920.0% |
| YoY Change | — | — | — | — | -53.1% | +182.8% | -149.2% | -131.7% | -122.2% | — | -46.7% | -54.5% | -6.8% | — | +85.3% | -117.0% |
Business Segments — Retail Banking
| Segment | Q1 '25 |
|---|---|
| Retail Banking | $342.00M |
| Total | -$47.00M |
Retail Banking was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Business Segments — All Other Segments
| Segment | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Asset Management Group | $22.00M | $30.00M | $32.00M | $31.00M | $32.00M | $39.00M | $36.00M | $36.00M |
| All Other Segments | -$477.00M | — | — | — | — | — | — | — |
| Corporate Institutional Banking | $298.00M | $313.00M | $283.00M | $332.00M | — | — | — | — |
| Retail Banking1 | $329.00M | $333.00M | $524.00M | $358.00M | — | — | — | — |
| Total | -$133.00M | -$44.00M | — | -$68.00M | -$47.00M | -$11.00M | -$10.00M | -$102.00M |
All Other Segments, Asset Management Group, Corporate Institutional Banking, Retail Banking1 were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Business Segments — Corporate & Institutional Banking
| Segment | Q1 '25 | Q4 '25 |
|---|---|---|
| Corporate & Institutional Banking | $353.00M | $400.00M |
| Retail Banking | $342.00M | $379.00M |
| Asset Management Group | $32.00M | $37.00M |
| Total | -$47.00M | — |
Deferred Taxes at Other Companies
Frequently Asked Questions
- What is PNC Financial Services's deferred taxes?
- PNC Financial Services (PNC) reported deferred taxes of -$102.00M in Q1 2026.
- How has PNC Financial Services's deferred taxes changed year-over-year?
- PNC Financial Services's deferred taxes decreased by 117.0% year-over-year, from -$47.00M to -$102.00M.
- What does deferred taxes mean?
- The difference between tax reported on the income statement and actual cash taxes paid.