What is PNC Financial Services's brokerage fees — noninterest income?

PNC Financial Services (PNC) reported brokerage fees — noninterest income of $131.00M in Q3 2023.

How has PNC Financial Services's brokerage fees — noninterest income changed year-over-year?

PNC Financial Services's brokerage fees — noninterest income decreased by 1.5% year-over-year, from $133.00M to $131.00M.

What does brokerage fees — noninterest income mean?

Revenue earned from fees and commissions for providing brokerage and investment services to clients.

Discontinued — last reported Q3 '23

Products & Services · Noninterest income

Brokerage fees — Noninterest income

PNC Financial Services Brokerage fees — Noninterest income increased by 4.0% to $131.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 1.5%, from $133.00M to $131.00M. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment

CategoryGrowth

SignalHigher is better

VolatilityModerate

First reportedQ2 2021

Last reportedQ3 2023

Rolls up toTotal noninterest income

How to read this metric

An increase suggests higher client trading activity, growth in assets under management, or successful expansion of wealth management services. A decrease may indicate lower market volatility, reduced investor participation, or competitive pressure on fee structures.

Detailed definition

This metric represents the revenue generated from brokerage and investment advisory services provided to clients. It cap...

Peer comparison

Peers in the diversified financial services sector typically report this under wealth management or capital markets fee income, with performance often correlated to broader equity market trends and client engagement levels.

Metric ID: pnc_segment_brokerage_fees_noninterest_income

Historical Data

8 periods

	Q2 '21	Q3 '21	Q1 '22	Q2 '22	Q3 '22	Q1 '23	Q2 '23	Q3 '23
Value	$111.00M	$127.00M	$136.00M	$137.00M	$133.00M	$132.00M	$126.00M	$131.00M
QoQ Change	—	+14.4%	+7.1%	+0.7%	-2.9%	-0.8%	-4.5%	+4.0%
YoY Change	—	—	—	+23.4%	+4.7%	-2.9%	-8.0%	-1.5%

Range$111.00M – $137.00M

CAGR+9.9%

Avg YoY Growth+3.1%

Median YoY Growth-1.5%

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Frequently Asked Questions

What is PNC Financial Services's brokerage fees — noninterest income?: PNC Financial Services (PNC) reported brokerage fees — noninterest income of $131.00M in Q3 2023.
How has PNC Financial Services's brokerage fees — noninterest income changed year-over-year?: PNC Financial Services's brokerage fees — noninterest income decreased by 1.5% year-over-year, from $133.00M to $131.00M.
What does brokerage fees — noninterest income mean?: Revenue earned from fees and commissions for providing brokerage and investment services to clients.