Discontinued — last reported Q1 '24
Business Segments · Income taxes (benefit)
All Other Segments — Income taxes (benefit)
PNC Financial Services All Other Segments — Income taxes (benefit) increased by 23.7% to -$364.00M in Q1 2024 compared to the prior quarter. Year-over-year, this metric declined by 128.9%, from -$159.00M to -$364.00M. Over 2 years (FY 2021 to FY 2023), All Other Segments — Income taxes (benefit) shows a downward trend with a 55.7% CAGR.
Analysis
StatementSegment
CategoryProfitability
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2024
Rolls up toIncome Tax
How to read this metric
This is largely a function of pre-tax income; significant deviations from statutory rates may indicate tax credits or specific accounting adjustments.
Detailed definition
This represents the income tax expense or benefit allocated to the 'Other' segment based on its pre-tax earnings or loss...
Peer comparison
Standard tax allocation metric in segment reporting for large financial institutions.
Metric ID:
pnc_segment_other_income_taxes_benefitHistorical Data
12 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$108.00M | -$141.00M | -$107.00M | -$109.00M | -$68.00M | -$73.00M | -$175.00M | -$159.00M | -$258.00M | -$333.00M | -$477.00M | -$364.00M |
| QoQ Change | — | -30.6% | +24.1% | -1.9% | +37.6% | -7.4% | -139.7% | +9.1% | -62.3% | -29.1% | -43.2% | +23.7% |
| YoY Change | — | — | — | — | +37.0% | +48.2% | -63.6% | -45.9% | -279.4% | -356.2% | -172.6% | -128.9% |
Range-$477.00M – -$68.00M
CAGR+55.6%
Avg YoY Growth-120.2%
Median YoY Growth-96.2%
Similar Metrics at Other Companies
Frequently Asked Questions
- What is PNC Financial Services's all other segments — income taxes (benefit)?
- PNC Financial Services (PNC) reported all other segments — income taxes (benefit) of -$364.00M in Q1 2024.
- How has PNC Financial Services's all other segments — income taxes (benefit) changed year-over-year?
- PNC Financial Services's all other segments — income taxes (benefit) decreased by 128.9% year-over-year, from -$159.00M to -$364.00M.
- What is the long-term trend for PNC Financial Services's all other segments — income taxes (benefit)?
- Over 2 years (2021 to 2023), PNC Financial Services's all other segments — income taxes (benefit) has grown at a 55.7% compound annual growth rate (CAGR), from -$506.00M to -$1.23B.
- What does all other segments — income taxes (benefit) mean?
- The tax expense or benefit attributed to the miscellaneous segment.