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PNC Financial Services PNC Business Segments

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Total revenue (a)(b) by Business
Asset Management Group$451M+8.2%$440M+9.2%$430M+9.4%$423M+9.0%$417M+7.8%
Corporate & Institutional Banking$2.96B+13.6%$3.04B+11.4%$2.88B+10.2%$2.7B+9.1%$2.61B+8.2%
Retail Banking$3.97B+12.0%$3.76B+6.1%$3.81B+8.9%$3.76B-8.9%$3.54B+4.8%
Net Income by Business
Asset Management Group$118M+12.4%$121M+27.4%$117M+21.9%$129M+35.8%$105M+8.2%
Corporate & Institutional Banking$1.41B+12.6%$1.52B+11.0%$1.46B+21.8%$1.23B+17.4%$1.25B+10.8%
Retail Banking$1.33B+17.4%$1.25B+14.1%$1.33B+12.9%$1.37B-20.9%$1.13B+3.4%
Total noninterest income by Business
Asset Management Group$262M+7.8%$254M+5.0%$244M+3.8%$243M+5.7%
Corporate Institutional Banking$1.14B+17.0%$1.13B+9.9%$1.02B+8.5%$978M+10.1%
Total in-scope noninterest income by Business
Asset Management Group$259M+8.4%$250M+5.0%$241M+5.2%$239M+5.3%
Corporate Institutional Banking$793M+18.2%$782M+10.8%$691M+9.7%$671M+7.9%
Retail Banking1$652M+7.8%$656M+4.8%$639M+3.1%$605M+2.7%
Income before taxes by Business
Asset Management Group$154M+12.4%$158M+27.4%$153M+22.4%$168M+34.4%$137M+7.9%
Corporate & Institutional Banking$1.81B+12.9%$1.92B+12.6%$1.86B+21.5%$1.56B+17.2%$1.6B+11.3%
Retail Banking$1.73B+17.5%$1.63B+14.1%$1.74B+12.8%$1.79B-20.9%$1.47B+3.2%
Out-of-scope noninterest income by Business
Asset Management Group$3M-25.0%$4M+100%$4M0.0%$3M-50.0%$4M+33.3%
Corporate & Institutional Banking$351M+14.3%$372M+3.9%$350M+8.0%$331M+6.1%$307M+15.4%
Retail Banking$118M+16.8%$134M+78.7%$143M-81.9%$101M-42.3%
Retail Banking$118M+16.8%$119M+19.0%$134M+78.7%$143M-81.9%$101M-42.3%
Other by Business
Asset Management Group$30M-9.1%$29M-3.3%$29M-3.3%$25M-7.4%$33M+10.0%
Corporate & Institutional Banking$146M0.0%$158M+10.5%$140M+2.9%$150M+8.7%$146M+4.3%
Retail Banking$324M+4.2%$327M-23.1%$336M+12.8%$286M-1.7%$311M-0.6%
Noninterest income by Business
Asset Management Group$262M+7.8%$260M+7.4%$254M+5.0%$244M+3.8%$243M+5.7%
Corporate & Institutional Banking$1.14B+17.0%$1.21B+13.4%$1.13B+9.9%$1.02B+8.5%$978M+10.1%
Retail Banking1$770M+9.1%$790M+12.7%$782M-44.5%$706M-7.6%
Retail Banking$770M+9.1%$770M+8.8%$790M+12.7%$782M-44.5%$706M-7.6%
Total noninterest expense by Business
Asset Management Group$292M+4.7%$293M+5.8%$273M+1.1%$268M+2.7%$279M+5.3%
Corporate & Institutional Banking$1.08B+12.6%$1.11B+12.8%$976M+2.7%$950M+4.3%$956M+3.7%
Retail Banking$2.12B+11.2%$1.98B-1.6%$1.94B+5.4%$1.89B+2.7%$1.9B+3.5%
Net interest income (a)(b) by Business
Asset Management Group$189M+8.6%$180M+11.8%$176M+16.6%$179M+17.0%$174M+10.8%
Corporate & Institutional Banking$1.82B+11.6%$1.83B+10.1%$1.75B+10.3%$1.68B+9.4%$1.63B+7.1%
Retail Banking$3.2B+12.8%$2.99B+5.5%$3.02B+8.0%$2.98B+9.6%$2.84B+8.4%
Less: Net income attributable to noncontrolling interests by Business
Asset Management Group$0$0$0$0$0
Corporate & Institutional Banking$5M+25.0%$6M+50.0%$5M0.0%$5M0.0%$4M-20.0%
Retail Banking$7M-22.2%$7M-36.4%$9M0.0%$10M-9.1%$9M+12.5%
Income tax benefit by Business
Asset Management Group$36M+12.5%$37M+27.6%$36M+24.1%$39M+30.0%$32M+6.7%
Corporate & Institutional Banking$403M+14.2%$400M+19.0%$400M+20.5%$329M+16.3%$353M+12.8%
Retail Banking$402M+17.5%$379M+14.2%$406M+12.8%$416M-20.9%$342M+2.7%
Segment allocations by Business
Asset Management Group$127M+8.5%$133M+8.1%$120M+5.3%$118M+7.3%$117M+9.3%
Corporate & Institutional Banking$424M+10.7%$422M+9.3%$387M+4.3%$381M+1.9%$383M+4.6%
Retail Banking$1.09B+12.5%$1.02B+4.4%$979M+5.3%$978M+4.0%$967M+8.2%
Average assets (a) by Business
Asset Management Group$14.8B+2.2%$14.58B-0.8%$14.63B-1.0%$14.48B-13.4%
Corporate & Institutional Banking$249.79B+10.0%$1.98B$238.34B+4.9%$234.39B+2.1%$227.07B-0.7%
Retail Banking$130.62B+13.4%$114.15B-2.0%$114.06B-2.8%$115.18B+0.9%
Depreciation, amortization and accretion by Business
Asset Management Group$10M+25.0%$11M+37.5%$9M+50.0%$10M+11.1%$8M+14.3%
Corporate & Institutional Banking$46M-9.8%$55M+7.8%$46M-8.0%$49M-3.9%$51M+2.0%
Retail Banking$132M+53.5%$95M+31.9%$97M+29.3%$87M+13.0%$86M+8.9%
Personnel by Business
Asset Management Group$125M+3.3%$120M+3.4%$115M-4.2%$115M0.0%$121M0.0%
Corporate & Institutional Banking$460M+22.3%$472M+17.7%$403M+2.5%$370M+6.3%$376M+2.7%
Retail Banking$571M+6.1%$535M-0.2%$529M-1.9%$539M+1.1%$538M-2.4%
Provision For Credit Losses by Business
Asset Management Group$5M+400%-$11M$4M+300%-$13M-750%$1M+120%
Corporate & Institutional Banking$77M+57.1%$14M-68.2%$44M-67.2%$184M-19.3%$49M+4.3%
Retail Banking$124M-26.2%$155M+46.2%$126M+13.5%$83M+207%$168M+42.4%
Total in-scope noninterest income by Product
Brokerage fees$161M+5.9%$155M+14.8%$154M+6.2%$150M+11.1%$152M+10.9%
Merchant services$50M-3.8%$53M-7.0%$58M0.0%$60M0.0%$52M-7.1%
Other$23M-4.2%$26M-7.1%$26M0.0%$27M0.0%$24M-4.0%
Treasury management fees$418M+4.5%$409M+4.6%$408M+6.8%$415M+8.6%$400M+9.0%

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Questions, answered.

How does PNC Financial Services break its business down?
PNC Financial Services (PNC) reports total revenue (a)(b) by business across 3 parts — Asset Management Group, Corporate & Institutional Banking and Retail Banking. Each is extracted from the segment footnotes and tracked over time.
Where does PNC Financial Services's segment data come from?
Segment breakdowns are pulled from the segment footnotes in PNC Financial Services's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.