Effective Income Tax Rate Reconciliation, Low Income Housing Tax Credit, Amount
PNC Financial Services Effective Income Tax Rate Reconciliation, Low Income Housing Tax Credit, Amount remained flat by 0.0% to $34.50M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 35.3%, from $25.50M to $34.50M. Over 2 years (FY 2023 to FY 2025), Effective Income Tax Rate Reconciliation, Low Income Housing Tax Credit, Amount shows an upward trend with a 19.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Higher amounts indicate greater participation in community development tax credit programs, reducing the effective tax rate.
Detailed definition
The absolute dollar amount of tax benefits recognized from investments in low-income housing projects. These credits are...
Peer comparison
Common tax strategy for large U.S. banks to manage effective tax rates.
other_effective_income_tax_rate_reconciliation_low_incom_07f437Historical Data
| FY'23 | FY'24 | FY'25 | |
|---|---|---|---|
| Value | $97.00M | $102.00M | $138.00M |
| YoY Change | — | +5.2% | +35.3% |
Effective Income Tax Rate Reconciliation, Low Income Housing Tax Credit, Amount at Other Companies
Frequently Asked Questions
- What is PNC Financial Services's effective income tax rate reconciliation, low income housing tax credit, amount?
- PNC Financial Services (PNC) reported effective income tax rate reconciliation, low income housing tax credit, amount of $34.50M in Q4 2025.
- How has PNC Financial Services's effective income tax rate reconciliation, low income housing tax credit, amount changed year-over-year?
- PNC Financial Services's effective income tax rate reconciliation, low income housing tax credit, amount increased by 35.3% year-over-year, from $25.50M to $34.50M.
- What is the long-term trend for PNC Financial Services's effective income tax rate reconciliation, low income housing tax credit, amount?
- Over 2 years (2023 to 2025), PNC Financial Services's effective income tax rate reconciliation, low income housing tax credit, amount has grown at a 19.3% compound annual growth rate (CAGR), from $97.00M to $138.00M.
- What does effective income tax rate reconciliation, low income housing tax credit, amount mean?
- The dollar value of tax savings from low-income housing investments.