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State

PNC Financial Services State remained flat by 0.0% to -$9M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 24.1%, from -$7.25M to -$9M. Over 4 years (FY 2021 to FY 2025), State shows a downward trend with a -10.1% CAGR.

Analysis

StatementIncome Statement
SectionOther
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ4 2025Feb 20, 2026

How to read this metric

An increase in deferred tax expense suggests higher future tax liabilities, while an increase in deferred tax benefit suggests future tax savings.

Detailed definition

Represents the portion of state and local income tax expense or benefit that is deferred to future periods due to tempor...

Peer comparison

Standard line item in corporate tax reconciliations for large financial institutions.

Metric ID: other_deferred_state_and_local_income_tax_expense_benefit

Historical Data

5 years
 FY'21FY'22FY'23FY'24FY'25
Value$55M$44M-$103M-$29M-$36M
YoY Change-20.0%-334.1%+71.8%-24.1%
Range-$103M$55M
CAGR-10.1%
Avg YoY Growth-76.6%
Median YoY Growth-22.1%

Frequently Asked Questions

What is PNC Financial Services's state?
PNC Financial Services (PNC) reported state of -$9M in Q4 2025.
How has PNC Financial Services's state changed year-over-year?
PNC Financial Services's state decreased by 24.1% year-over-year, from -$7.25M to -$9M.
What is the long-term trend for PNC Financial Services's state?
Over 4 years (2021 to 2025), PNC Financial Services's state has grown at a -10.1% compound annual growth rate (CAGR), from $55M to -$36M.
What does state mean?
The amount of state and local income taxes that will be paid or saved in future years due to timing differences.