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Unrecognized tax benefits

PNC Financial Services Unrecognized tax benefits decreased by 26.0% to $270M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 26.0%, from $365M to $270M. Over 5 years (FY 2020 to FY 2025), Unrecognized tax benefits shows relatively stable performance with a 0.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ4 2025Feb 20, 2026

How to read this metric

An increase suggests higher tax uncertainty or more aggressive tax positions, while a decrease indicates the resolution of tax audits or the expiration of statutes of limitations.

Detailed definition

This represents the aggregate amount of tax benefits that have been taken or are expected to be taken in tax returns but...

Peer comparison

Standard disclosure for all public companies under ASC 740, with levels varying based on the complexity of the tax footprint.

Metric ID: other_unrecognized_tax_benefits

Historical Data

5 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Value$275M$318M$368M$365M$270M
QoQ Change+15.6%+15.7%-0.8%-26.0%
YoY Change+15.6%+15.7%-0.8%-26.0%
Range$270M$368M
CAGR-1.8%
Avg YoY Growth+1.1%
Median YoY Growth+7.4%
Current Streak2 quarters decline

Frequently Asked Questions

What is PNC Financial Services's unrecognized tax benefits?
PNC Financial Services (PNC) reported unrecognized tax benefits of $270M in Q4 2025.
How has PNC Financial Services's unrecognized tax benefits changed year-over-year?
PNC Financial Services's unrecognized tax benefits decreased by 26.0% year-over-year, from $365M to $270M.
What is the long-term trend for PNC Financial Services's unrecognized tax benefits?
Over 5 years (2020 to 2025), PNC Financial Services's unrecognized tax benefits has grown at a 0.4% compound annual growth rate (CAGR), from $265M to $270M.
What does unrecognized tax benefits mean?
The total value of tax positions taken that are not yet fully recognized in financial statements due to uncertainty.