Effective Income Tax Rate Reconciliation, New Markets Tax Credit, Percent
PNC Financial Services Effective Income Tax Rate Reconciliation, New Markets Tax Credit, Percent remained flat by 0.0% to 0.1% in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 63.6%, from 0.3% to 0.1%. Over 2 years (FY 2023 to FY 2025), Effective Income Tax Rate Reconciliation, New Markets Tax Credit, Percent shows a downward trend with a -54.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
A higher percentage indicates that these credits are a meaningful driver of the company's effective tax rate.
Detailed definition
The percentage impact on the effective tax rate resulting from New Markets Tax Credits. This metric shows the extent to...
Peer comparison
Standard metric for banks engaged in community development investment programs.
other_effective_income_tax_rate_reconciliation_new_marke_eb312eHistorical Data
| FY'23 | FY'24 | FY'25 | |
|---|---|---|---|
| Value | 1.9% | 1.1% | 0.4% |
| YoY Change | — | -42.1% | -63.6% |
Effective Income Tax Rate Reconciliation, New Markets Tax Credit, Percent at Other Companies
Frequently Asked Questions
- What is PNC Financial Services's effective income tax rate reconciliation, new markets tax credit, percent?
- PNC Financial Services (PNC) reported effective income tax rate reconciliation, new markets tax credit, percent of 0.1% in Q4 2025.
- How has PNC Financial Services's effective income tax rate reconciliation, new markets tax credit, percent changed year-over-year?
- PNC Financial Services's effective income tax rate reconciliation, new markets tax credit, percent decreased by 63.6% year-over-year, from 0.3% to 0.1%.
- What is the long-term trend for PNC Financial Services's effective income tax rate reconciliation, new markets tax credit, percent?
- Over 2 years (2023 to 2025), PNC Financial Services's effective income tax rate reconciliation, new markets tax credit, percent has grown at a -54.1% compound annual growth rate (CAGR), from 1.9% to 0.4%.
- What does effective income tax rate reconciliation, new markets tax credit, percent mean?
- The percentage reduction in the effective tax rate due to New Markets Tax Credits.