Skip to content

PNC Financial Services PNC Asset Management Group — Income tax benefit

Other segment segments

Corporate & Institutional Banking
$531M
Retail Banking
$531M

Similar metrics at other companies

Asset Entities logo
ASSTAsset Management — Income tax expense (benefit)
$0
Equitable Holdings logo
EQHAsset Management — Income Tax Expense (Benefit), Adjusted
$49M+19.5%
Nelnet logo
NNIAsset Generation and Management — Income Tax Expense (Benefit)
$7.32M+2.3%
Walker & Dunlop logo
WDServicing And Asset Management — Income Tax Expense Benefit
$10.03M-43.2%
Ameriprise Financial logo
AMPAsset Management — Pretax income (loss)
$273M+13.3%
Asset Entities logo
ASSTAsset Management — Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest
-$2M+46.6%

Other financials

Income statement

See full
Revenue$6.9B+21.4%
Net income$2.0B+18.9%
EPS (diluted)$4.81+24.9%

Balance sheet

See full
Cash & equivalents$6.0B-79.8%
Total debt$85.7B+41.9%
Total equity$64.0B+11.1%
Total assets$616.03B+10.2%

Cash flow

See full
Operating cash flow$1.9B+479%

Valuation

See full
Market cap$100.39B+31.8%
Enterprise value$180.16B+68.0%
P/E13.2×+1.1×
P/S+0.6×

Profitability

See full
Net margin30.3%+1.9pp

Returns & leverage

See full
Return on equity12.5%+1.1pp
Debt / equity1.3×+0.3×

Where this comes from

Reported directly by PNC Financial Services in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: PNC Financial Services’s 8-K, filed July 15, 2026, on SEC EDGAR. View the filing →

Ask your AI about PNC Financial Services's asset management group — income tax benefit.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is PNC Financial Services's asset management group — income tax benefit?
PNC Financial Services (PNC) reported asset management group — income tax benefit of $531M in Q2 2026.
How has PNC Financial Services's asset management group — income tax benefit changed year-over-year?
PNC Financial Services's asset management group — income tax benefit increased by 1261.5% year-over-year, from $39M to $531M.
What is the long-term trend for PNC Financial Services's asset management group — income tax benefit?
Over 3 years (2022 to 2025), PNC Financial Services's asset management group — income tax benefit has grown at a 12.9% compound annual growth rate (CAGR), from $100M to $144M.
What does asset management group — income tax benefit mean?
This represents the tax-related financial impact allocated to the asset management segment, specifically where tax deductions or credits exceed tax liabilities. It reflects the segment's contribution to the overall corporate tax position and the impact of tax-advantaged investment strategies.