What does other activities — income tax expense (benefit) mean?

This represents the income tax expense or benefit allocated to the 'Other Activities' segment based on its pre-tax earnings and applicable tax rates. It reflects the tax impact of the segment's operations on the firm's overall financial results. Understanding this helps reconcile segment-level performance with the firm's consolidated tax position.

PNC Financial Services (PNC) Other activities — Income Tax Expense (Benefit)

Screener

Other segment segments

Retail Banking

$531M+24.9%

Corporate & Institutional Banking

$463M+30.1%

Asset Management Group

$41M0.0%

Similar metrics at other companies

FRHCOther — Income Tax Expense (Benefit)

$0+100%

PNW

PNWOther — Income Tax Expense (Benefit)

$7M+133%

CVXAll Other — Income Tax Expense (Benefit)

-$221M-22.8%

AEPAll Other Segments — Income Tax Expense (Benefit)

-$15.4M-1,132%

BRSPCorporate and Other — Income Tax Expense (Benefit)

$8K—

FRHCBrokerage — Income Tax Expense (Benefit)

$20.74M+36.6%

Other financials

Income statement

See full

Revenue$6.9B+21.4%

Net income$2.0B+25.4%

EPS (diluted)$4.81+24.9%

Balance sheet

See full

Cash & equivalents$28.7B-2.2%

Total debt$106.73B+76.6%

Total equity$64.0B+11.1%

Total assets$616.03B+10.2%

Cash flow

See full

Operating cash flow$2.1B+45.1%

Valuation

See full

Market cap$101.89B+37.2%

Enterprise value$179.88B+70.9%

P/E13.3×+1.4×

P/S4.1×+0.7×

Profitability

See full

Net margin30.6%+2.3pp

Returns & leverage

See full

Return on equity12.6%+1.3pp

Debt / equity1.7×+0.6×

Where this comes from

Reported directly by PNC Financial Services in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The source filing: PNC Financial Services’s 10-Q, filed August 5, 2026.

Filed: Aug 5, 2026, 2:19 PM EDT
Fiscal quarter: Q2 FY2026
Calendar quarter: Q2 2026
Accession: 0001628280-26-053170

Three months ended June 30 / In millions	Corporate & Institutional Banking / 2026	Corporate & Institutional Banking / 2025	Asset Management Group / 2026	Asset Management Group / 2025
Provision for credit losses	(2)	—	191	254
Total noninterest expense	567	275	4,098	3,383
Income before income taxes and noncontrolling interests (a)	(1,932)	(1,649)	2,586	2,024
Income taxes (a)	(504)	(441)	531	381
Net income (a)	(1,428)	(1,208)	2,055	1,643
Less: Net income attributable to noncontrolling interests	2	1	15	16
Net income excluding noncontrolling interests (a)	$(1,430)	$(1,209)	$2,040	$1,627
Average Assets	$206,850	$198,605	$616,270	$561,686

ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is PNC Financial Services's other activities — income tax expense (benefit)?: PNC Financial Services (PNC) reported other activities — income tax expense (benefit) of -$504M in Q2 2026.
What does other activities — income tax expense (benefit) mean?: This represents the income tax expense or benefit allocated to the 'Other Activities' segment based on its pre-tax earnings and applicable tax rates. It reflects the tax impact of the segment's operations on the firm's overall financial results. Understanding this helps reconcile segment-level performance with the firm's consolidated tax position.