Operating Expenses

Compensation and benefits

PNC Financial Services Compensation and benefits increased by 3.6% to $2.11B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.4%, from $1.89B to $2.11B. Over 4 years (FY 2021 to FY 2025), Compensation and benefits shows relatively stable performance with a 2.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ4 2014
Last reportedQ4 2025

How to read this metric

An increase often reflects headcount growth or higher performance-based incentives, while a decrease may indicate efficiency initiatives or workforce reductions.

Detailed definition

Includes all salaries, wages, bonuses, stock-based compensation, and employee benefit costs for the workforce. This is t...

Peer comparison

Highly comparable across all sectors; usually found under 'Personnel' or 'Staffing' expenses.

Metric ID: compensation_and_benefits

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$1.64B$1.99B$2.04B$1.72B$1.78B$1.81B$1.94B$1.83B$1.85B$1.77B$1.98B$1.79B$1.78B$1.87B$1.86B$1.89B$1.89B$1.97B$2.03B$2.11B
QoQ Change+21.1%+2.6%-15.8%+3.6%+1.5%+7.6%-6.0%+1.1%-4.0%+11.8%-9.5%-0.7%+4.9%-0.6%+1.8%-0.1%+4.3%+3.2%+3.6%
YoY Change+8.5%-9.1%-4.7%+6.3%+3.8%-1.8%+2.1%-1.8%-3.5%+5.4%-6.4%+5.4%+6.0%+5.4%+9.5%+11.4%
Range$1.64B$2.11B
CAGR+5.4%
Avg YoY Growth+2.3%
Median YoY Growth+4.6%
Current Streak3 quarters growth

Business Segments

View all
SegmentQ4 '25
Retail Banking$525.00M
Corporate & Institutional Banking$472.00M
Asset Management Group$120.00M
Total$2.03B

Frequently Asked Questions

What is PNC Financial Services's compensation and benefits?
PNC Financial Services (PNC) reported compensation and benefits of $2.11B in Q1 2026.
How has PNC Financial Services's compensation and benefits changed year-over-year?
PNC Financial Services's compensation and benefits increased by 11.4% year-over-year, from $1.89B to $2.11B.
What is the long-term trend for PNC Financial Services's compensation and benefits?
Over 4 years (2021 to 2025), PNC Financial Services's compensation and benefits has grown at a 2.2% compound annual growth rate (CAGR), from $7.14B to $7.78B.
What does compensation and benefits mean?
The total cost of employee salaries, bonuses, and benefits.