PNC Financial Services Asset Management Group — Income tax benefit decreased by 2.8% to $35.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $35.00M to $35.00M. Over 3 years (FY 2022 to FY 2025), Asset Management Group — Income tax benefit shows an upward trend with a 12.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase in benefit may reflect higher tax-exempt income or specific tax planning strategies, while a decrease suggests a shift in the segment's tax profile or regulatory environment.
This represents the tax-related financial impact allocated to the asset management segment, specifically where tax deduc...
Comparable to 'Segment Income Tax Provision' or 'Tax Benefit' reported by peers in wealth management.
pnc_segment_asset_management_group_income_tax_benefit| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $27.00M | $34.00M | $31.00M | $26.00M | $28.00M | $15.00M | $16.00M | $20.00M | $22.00M | $22.00M | $30.00M | $30.00M | $29.00M | $35.00M | $34.00M | $39.00M | $36.00M | $35.00M |
| QoQ Change | — | +25.9% | -8.8% | -16.1% | +7.7% | -46.4% | +6.7% | +25.0% | +10.0% | +0.0% | +36.4% | +0.0% | -3.3% | +20.7% | -2.9% | +14.7% | -7.7% | -2.8% |
| YoY Change | — | — | — | -3.7% | -17.6% | — | -48.4% | -23.1% | -21.4% | +46.7% | +87.5% | +50.0% | +31.8% | +59.1% | +13.3% | +30.0% | +24.1% | +0.0% |