Discontinued — last reported Q1 '26

Business Segments · Income Tax Expense Benefit

Retail Banking — Income Tax Expense Benefit

PNC Financial Services Retail Banking — Income Tax Expense Benefit decreased by 1.0% to $402.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 17.5%, from $342.00M to $402.00M.

Analysis

StatementSegment
CategoryProfitability
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 5, 2026
Rolls up toIncome Tax

How to read this metric

Changes are generally driven by fluctuations in segment pre-tax income or shifts in the overall corporate effective tax rate.

Detailed definition

This metric represents the portion of the total corporate income tax expense or benefit that is allocated to the retail...

Peer comparison

Standard segment-level tax allocation found in the financial footnotes of large banking organizations.

Metric ID: pnc_segment_retail_banking_income_tax_expense_benefit

Historical Data

7 periods
 Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$333.00M$526.00M$360.00M$342.00M$416.00M$406.00M$402.00M
QoQ Change+58.0%-31.6%-5.0%+21.6%-2.4%-1.0%
YoY Change+2.7%-20.9%+12.8%+17.5%
Range$333.00M$526.00M
CAGR+13.4%
Avg YoY Growth+3.0%
Median YoY Growth+7.7%
Current Streak2 quarters decline

Frequently Asked Questions

What is PNC Financial Services's retail banking — income tax expense benefit?
PNC Financial Services (PNC) reported retail banking — income tax expense benefit of $402.00M in Q1 2026.
How has PNC Financial Services's retail banking — income tax expense benefit changed year-over-year?
PNC Financial Services's retail banking — income tax expense benefit increased by 17.5% year-over-year, from $342.00M to $402.00M.
What does retail banking — income tax expense benefit mean?
The tax expense or benefit attributed to the retail banking segment's operations.