Discontinued — last reported Q3 '24
Business Segments · Net Interest Income
Asset Management Group — Net Interest Income
PNC Financial Services Asset Management Group — Net Interest Income decreased by 1.2% to $161.00M in Q3 2024 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ2 2023
Last reportedQ3 2024
How to read this metric
An increase suggests improved net interest margins or growth in interest-earning assets, while a decrease may indicate margin compression or reduced lending activity.
Detailed definition
This represents the difference between the interest income generated by interest-earning assets and the interest expense...
Peer comparison
Standard across all banking institutions with wealth or asset management divisions, typically compared against segment-specific net interest margins.
Metric ID:
pnc_segment_asset_management_group_net_interest_incomeHistorical Data
4 periods
| Q2 '23 | Q3 '23 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|
| Value | $125.00M | $139.00M | $163.00M | $161.00M |
| QoQ Change | — | +11.2% | +17.3% | -1.2% |
| YoY Change | — | — | +30.4% | +15.8% |
Range$125.00M – $163.00M
Avg YoY Growth+23.1%
Median YoY Growth+23.1%
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Frequently Asked Questions
- What is PNC Financial Services's asset management group — net interest income?
- PNC Financial Services (PNC) reported asset management group — net interest income of $161.00M in Q3 2024.
- What does asset management group — net interest income mean?
- The profit earned from the spread between interest received on assets and interest paid on liabilities for the asset management segment.