Discontinued — last reported Q3 '24

Business Segments · Net Interest Income

Retail Banking — Net Interest Income

PNC Financial Services Retail Banking — Net Interest Income increased by 2.7% to $2.78B in Q3 2024 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ2 2023
Last reportedQ3 2024

How to read this metric

An increase indicates improved net interest margins or growth in the interest-earning asset base, while a decrease suggests margin compression or reduced lending activity.

Detailed definition

This represents the difference between the interest income generated from retail banking assets, such as consumer loans...

Peer comparison

Standard across all retail banks, often compared as Net Interest Income (NII) by segment.

Metric ID: pnc_segment_retail_banking_net_interest_income

Historical Data

4 periods
 Q2 '23Q3 '23Q2 '24Q3 '24
Value$2.45B$2.58B$2.71B$2.78B
QoQ Change+5.2%+5.2%+2.7%
YoY Change+10.7%+8.0%
Range$2.45B$2.78B
Avg YoY Growth+9.3%
Median YoY Growth+9.3%
Current Streak3+ quarters growth

Frequently Asked Questions

What is PNC Financial Services's retail banking — net interest income?
PNC Financial Services (PNC) reported retail banking — net interest income of $2.78B in Q3 2024.
What does retail banking — net interest income mean?
The profit earned from the difference between interest received on loans and interest paid on deposits within the retail banking segment.