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PNC Financial Services PNC Asset Management Group — Segment allocations

Other segment segments

Retail Banking
$1.09B
Corporate & Institutional Banking
$418M

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JEFAsset Management — Other segment items
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SNFCASegment Assets
$1.6B+2.6%
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AGOAsset Management — Expenses
$68M+1,600%
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AGOAsset Management — Segment amortization of deferred acquisition costs
$0

Other financials

Income statement

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

Balance sheet

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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

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Operating cash flow$1.9B+479%

Valuation

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

Profitability

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Net margin30.3%+1.9pp

Returns & leverage

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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:GeneralAndAdministrativeExpense.

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

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Questions, answered.

What is PNC Financial Services's asset management group — segment allocations?
PNC Financial Services (PNC) reported asset management group — segment allocations of $128M in Q2 2026.
How has PNC Financial Services's asset management group — segment allocations changed year-over-year?
PNC Financial Services's asset management group — segment allocations increased by 8.5% year-over-year, from $118M to $128M.
What is the long-term trend for PNC Financial Services's asset management group — segment allocations?
Over 3 years (2022 to 2025), PNC Financial Services's asset management group — segment allocations has grown at a 3.4% compound annual growth rate (CAGR), from $441M to $488M.
What does asset management group — segment allocations mean?
Costs or revenues allocated to the asset management segment from corporate or other support functions, such as technology, legal, or administrative overhead. These allocations ensure that the segment reflects its full share of the enterprise's operational costs.