Effective Income Tax Rate Reconciliation, Low Income Housing Tax Credit, Percent
PNC Financial Services Effective Income Tax Rate Reconciliation, Low Income Housing Tax Credit, Percent remained flat by 0.0% to 0.4% in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 14.3%, from 0.4% to 0.4%. Over 2 years (FY 2023 to FY 2025), Effective Income Tax Rate Reconciliation, Low Income Housing Tax Credit, Percent shows an upward trend with a 6.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
A higher percentage indicates a more significant reliance on these credits to optimize the company's tax position.
Detailed definition
The percentage impact on the effective tax rate resulting from low-income housing tax credits. This metric quantifies th...
Peer comparison
Standard metric for banks utilizing community development tax incentives.
other_effective_income_tax_rate_reconciliation_low_incom_9c2ee5Historical Data
| FY'23 | FY'24 | FY'25 | |
|---|---|---|---|
| Value | 1.4% | 1.4% | 1.6% |
| YoY Change | — | +0.0% | +14.3% |
Effective Income Tax Rate Reconciliation, Low Income Housing Tax Credit, Percent at Other Companies
Frequently Asked Questions
- What is PNC Financial Services's effective income tax rate reconciliation, low income housing tax credit, percent?
- PNC Financial Services (PNC) reported effective income tax rate reconciliation, low income housing tax credit, percent of 0.4% in Q4 2025.
- How has PNC Financial Services's effective income tax rate reconciliation, low income housing tax credit, percent changed year-over-year?
- PNC Financial Services's effective income tax rate reconciliation, low income housing tax credit, percent increased by 14.3% year-over-year, from 0.4% to 0.4%.
- What is the long-term trend for PNC Financial Services's effective income tax rate reconciliation, low income housing tax credit, percent?
- Over 2 years (2023 to 2025), PNC Financial Services's effective income tax rate reconciliation, low income housing tax credit, percent has grown at a 6.9% compound annual growth rate (CAGR), from 1.4% to 1.6%.
- What does effective income tax rate reconciliation, low income housing tax credit, percent mean?
- The percentage reduction in the effective tax rate due to low-income housing credits.