What is PNC Financial Services's liability related to investments in low income housing tax credits?

PNC Financial Services (PNC) reported liability related to investments in low income housing tax credits of $3B in Q4 2025.

Other

Liability related to investments in low income housing tax credits

PNC Financial Services Liability related to investments in low income housing tax credits increased by 36.4% to $3B in Q4 2025 compared to the prior quarter.

Analysis

StatementBalance Sheet Statement

SectionOther

CategoryCapital Allocation

SignalContext dependent

VolatilityStable

First reportedQ4 2024

Last reportedQ4 2025Feb 20, 2026

How to read this metric

Changes reflect the scale of the company's tax credit investment portfolio and associated long-term funding commitments.

Detailed definition

This liability reflects the company's obligations related to investments in low-income housing tax credit (LIHTC) partne...

Peer comparison

Common among large financial institutions with significant tax-advantaged community investment portfolios.

Metric ID: other_liability_related_to_investments_in_proportional_a_1c6e37

Historical Data

2 periods

	Q4 '24	Q4 '25
Value	$2.2B	$3B
QoQ Change	—	+36.4%
YoY Change	—	+36.4%

Range$2.2B – $3B

Avg YoY Growth+36.4%

Median YoY Growth+36.4%

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Frequently Asked Questions

What is PNC Financial Services's liability related to investments in low income housing tax credits?: PNC Financial Services (PNC) reported liability related to investments in low income housing tax credits of $3B in Q4 2025.
What does liability related to investments in low income housing tax credits mean?: The financial obligation arising from investments in low-income housing tax credit projects.