Operating

Net Income

PNC Financial Services Net Income decreased by 12.8% to $1.77B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 18.2%, from $1.50B to $1.77B. Over 4 years (FY 2021 to FY 2025), Net Income shows an upward trend with a 5.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

An increase signals improved profitability and potential for higher dividends or reinvestment, while a decrease may indicate rising costs or slowing sales.

Detailed definition

Net income represents the total profit of the company after all operating expenses, interest, taxes, and preferred stock...

Peer comparison

Peer companies in the consumer electronics and software sectors typically trade on multiples of this figure, though it can be impacted by one-time tax events.

Metric ID: cf_net_income

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.10B$1.49B$1.31B$1.43B$1.50B$1.64B$1.55B$1.69B$1.50B$1.57B$883.00M$1.34B$1.48B$1.51B$1.63B$1.50B$1.64B$1.82B$2.03B$1.77B
QoQ Change+35.1%-12.3%+9.4%+4.7%+9.6%-5.6%+9.4%-11.5%+4.7%-43.8%+52.2%+9.9%+1.9%+8.1%-7.9%+9.6%+10.9%+11.6%-12.8%
YoY Change+35.6%+10.1%+18.5%+18.5%+0.3%-4.3%-43.0%-20.7%-1.5%-4.1%+84.3%+11.5%+11.2%+21.1%+25.0%+18.2%
Range$883.00M$2.03B
CAGR+10.5%
Avg YoY Growth+11.3%
Median YoY Growth+11.4%

Business Segments — Corporate Institutional Banking

View all
SegmentQ4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Corporate Institutional Banking$987.00M$1.06B$822.00M$965.00M$1.22B$1.13B$1.05B$1.20B
Retail Banking1$762.00M$657.00M$965.00M$1.11B$1.08B$1.09B$1.73B$1.17B
Asset Management Group$52.00M$52.00M$63.00M$73.00M$72.00M$97.00M$103.00M$104.00M
All Other Segments-$253.00M-$79.00M-$350.00M-$573.00M-$1.49B-$972.00M
Total$1.55B$1.69B$1.50B$1.57B$883.00M$1.34B$1.48B$1.51B

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

View all

Frequently Asked Questions

What is PNC Financial Services's net income?
PNC Financial Services (PNC) reported net income of $1.77B in Q1 2026.
How has PNC Financial Services's net income changed year-over-year?
PNC Financial Services's net income increased by 18.2% year-over-year, from $1.50B to $1.77B.
What is the long-term trend for PNC Financial Services's net income?
Over 4 years (2021 to 2025), PNC Financial Services's net income has grown at a 5.1% compound annual growth rate (CAGR), from $5.73B to $7.00B.
What does net income mean?
The company's total profit after all expenses and taxes have been paid.