Discontinued — last reported Q3 '25

Business Segments · Income taxes (benefit)

Asset Management Group — Income taxes (benefit)

PNC Financial Services Asset Management Group — Income taxes (benefit) decreased by 7.7% to $36.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 16.1%, from $31.00M to $36.00M. Over 2 years (FY 2021 to FY 2023), Asset Management Group — Income taxes (benefit) shows a downward trend with a -19.4% CAGR.

Analysis

StatementSegment
CategoryProfitability
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ3 2025
Rolls up toIncome Tax

How to read this metric

A tax benefit increases net income, while a tax expense reduces it; the interpretation depends on the effective tax rate applied to the segment.

Detailed definition

This represents the income tax expense or benefit allocated to the asset management segment based on its pre-tax earning...

Peer comparison

Compared across segments to understand the tax efficiency of different business lines within the corporate structure.

Metric ID: pnc_segment_asset_management_group_income_taxes_benefit

Historical Data

17 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25
Value$27.00M$34.00M$32.00M$31.00M$26.00M$28.00M$15.00M$16.00M$20.00M$22.00M$22.00M$30.00M$32.00M$31.00M$34.00M$39.00M$36.00M
QoQ Change+25.9%-5.9%-3.1%-16.1%+7.7%-46.4%+6.7%+25.0%+10.0%+0.0%+36.4%+6.7%-3.1%+9.7%+14.7%-7.7%
YoY Change-3.7%-17.6%-53.1%-48.4%-23.1%-21.4%+46.7%+87.5%+60.0%+40.9%+13.3%+21.9%+16.1%
Range$15.00M$39.00M
CAGR+7.5%
Avg YoY Growth+9.2%
Median YoY Growth+13.3%

Frequently Asked Questions

What is PNC Financial Services's asset management group — income taxes (benefit)?
PNC Financial Services (PNC) reported asset management group — income taxes (benefit) of $36.00M in Q3 2025.
How has PNC Financial Services's asset management group — income taxes (benefit) changed year-over-year?
PNC Financial Services's asset management group — income taxes (benefit) increased by 16.1% year-over-year, from $31.00M to $36.00M.
What is the long-term trend for PNC Financial Services's asset management group — income taxes (benefit)?
Over 2 years (2021 to 2023), PNC Financial Services's asset management group — income taxes (benefit) has grown at a -19.4% compound annual growth rate (CAGR), from $123.00M to $80.00M.
What does asset management group — income taxes (benefit) mean?
The amount of income tax expense or tax benefit attributed to the asset management segment's earnings.