PNC Financial Services Group (PNC) Revenue & Revenue Breakdown

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PNC Financial Services Group Revenue Highlights

Latest Revenue (Y)

$20.77B

Latest Revenue (Q)

$5.23B

Main Segment (Y)

Retail Banking 1

PNC Financial Services Group Revenue by Period

PNC Financial Services Group Revenue by Year

Date	Revenue	Change
2024-12-31	$20.77B	-3.45%
2023-12-31	$21.51B	1.87%
2022-12-31	$21.11B	9.91%
2021-12-31	$19.21B	13.67%
2020-12-31	$16.90B	0.37%
2019-12-31	$16.84B	4.01%
2018-12-31	$16.19B	-0.85%
2017-12-31	$16.33B	7.70%
2016-12-31	$15.16B	-0.41%
2015-12-31	$15.22B	-0.37%
2014-12-31	$15.28B	-4.57%
2013-12-31	$16.01B	3.22%
2012-12-31	$15.51B	8.28%
2011-12-31	$14.33B	-4.60%
2010-12-31	$15.02B	-0.67%
2009-12-31	$15.12B	144.53%
2008-12-31	$6.18B	4.94%
2007-12-31	$5.89B	-9.29%
2006-12-31	$6.49B	2.64%
2005-12-31	$6.33B	14.19%
2004-12-31	$5.54B	5.48%
2003-12-31	$5.25B	-2.61%
2002-12-31	$5.39B	9.77%
2001-12-31	$4.91B	-3.91%
2000-12-31	$5.11B	6.68%
1999-12-31	$4.79B	4.81%
1998-12-31	$4.57B	5.15%
1997-12-31	$4.35B	12.26%
1996-12-31	$3.88B	24.91%
1995-12-31	$3.10B	13.55%
1994-12-31	$2.73B	-1.51%
1993-12-31	$2.77B	-

PNC Financial Services Group generated $20.77B in revenue during NA 2024, up -3.45% compared to the previous quarter, and up 123.32% compared to the same period a year ago.

PNC Financial Services Group Revenue by Quarter

Date	Revenue	Change
2025-03-31	$5.23B	-5.16%
2024-12-31	$5.52B	1.60%
2024-09-30	$5.43B	16.27%
2024-06-30	$4.67B	-9.23%
2024-03-31	$5.15B	-4.22%
2023-12-31	$5.37B	2.66%
2023-09-30	$5.23B	-1.11%
2023-06-30	$5.29B	-5.06%
2023-03-31	$5.58B	-2.99%
2022-12-31	$5.75B	3.55%
2022-09-30	$5.55B	8.48%
2022-06-30	$5.12B	8.74%
2022-03-31	$4.71B	-7.89%
2021-12-31	$5.11B	-1.71%
2021-09-30	$5.20B	11.36%
2021-06-30	$4.67B	11.33%
2021-03-31	$4.19B	-0.02%
2020-12-31	$4.19B	-0.94%
2020-09-30	$4.23B	4.65%
2020-06-30	$4.04B	-6.52%
2020-03-31	$4.33B	-6.12%
2019-12-31	$4.61B	8.65%
2019-09-30	$4.24B	0.64%
2019-06-30	$4.21B	-1.66%
2019-03-31	$4.29B	-1.24%
2018-12-31	$4.34B	-0.39%
2018-09-30	$4.36B	0.76%
2018-06-30	$4.32B	5.18%
2018-03-31	$4.11B	-3.50%
2017-12-31	$4.26B	3.27%
2017-09-30	$4.13B	1.60%
2017-06-30	$4.06B	4.53%
2017-03-31	$3.88B	0.26%
2016-12-31	$3.87B	1.18%
2016-09-30	$3.83B	0.92%
2016-06-30	$3.79B	3.52%
2016-03-31	$3.67B	-4.88%
2015-12-31	$3.85B	2.07%
2015-09-30	$3.77B	-2.35%
2015-06-30	$3.87B	3.62%
2015-03-31	$3.73B	-5.47%
2014-12-31	$3.95B	2.76%
2014-09-30	$3.84B	0.81%
2014-06-30	$3.81B	0.87%
2014-03-31	$3.78B	-7.27%
2013-12-31	$4.07B	3.90%
2013-09-30	$3.92B	-3.54%
2013-06-30	$4.06B	2.76%
2013-03-31	$3.96B	-2.80%
2012-12-31	$4.07B	-0.46%
2012-09-30	$4.09B	11.79%
2012-06-30	$3.66B	-3.00%
2012-03-31	$3.77B	6.23%
2011-12-31	$3.55B	-0.84%
2011-09-30	$3.58B	-1.70%
2011-06-30	$3.64B	0.28%
2011-03-31	$3.63B	-2.99%
2010-12-31	$3.74B	286.67%
2010-09-30	$968.00M	-75.84%
2010-06-30	$4.01B	3.27%
2010-03-31	$3.88B	-3.17%
2009-12-31	$4.01B	-4.09%
2009-09-30	$4.18B	0.85%
2009-06-30	$4.14B	3.03%
2009-03-31	$4.02B	139.86%
2008-12-31	$1.68B	1.33%
2008-09-30	$1.65B	-18.88%
2008-06-30	$2.04B	11.97%
2008-03-31	$1.82B	3.82%
2007-12-31	$1.75B	-

PNC Financial Services Group generated $5.23B in revenue during Q1 2025, up -5.16% compared to the previous quarter, and up 97.39% compared to the same period a year ago.

PNC Financial Services Group Revenue Breakdown

PNC Financial Services Group Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Corporate & Institutional Banking	$9.27B	$8.80B	$8.31B	$7.06B	$6.17B
Asset Management Group	$1.45B	$1.54B	$1.46B	$1.21B	$1.28B
Retail Banking 1	$12.93B	$10.51B	$9.00B	$8.13B	$8.17B
Other Segments	-	$269.00M	$437.00M	$501.00M	$1.21B
BlackRock 1	-	-	-	-	$999.00M

PNC Financial Services Group's latest annual revenue breakdown by segment (product or service), as of Dec 23: Retail Banking 1 (54.66%), Corporate & Institutional Banking (39.20%), and Asset Management Group (6.14%).

Quarterly Revenue by Product

Product/Service	Mar 25	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Sep 19
Corporate & Institutional Banking	$671.00M	$2.62B	$2.47B	$2.41B	$2.60B	$2.23B	$2.17B	$2.27B	$2.23B	$2.20B	$1.95B	$2.30B	$3.75B	$1.80B	$1.74B	$1.78B	$1.64B	$1.56B	-	-
Retail Banking 1	$605.00M	$3.48B	$4.12B	$3.38B	$3.39B	$3.36B	$3.15B	$3.02B	$2.74B	$2.41B	$2.28B	$2.38B	$4.22B	$2.02B	$2.06B	$1.98B	$2.24B	$2.14B	-	-
Asset Management Group	$239.00M	$403.00M	$398.00M	$387.00M	$380.00M	$362.00M	$353.00M	$357.00M	$396.00M	$387.00M	$386.00M	$397.00M	$678.00M	$322.00M	$310.00M	$293.00M	$292.00M	$286.00M	-	-
Other Segments	-	-	-	-	-	-	-	-	$179.00M	$119.00M	$83.00M	$67.00M	$128.00M	$158.00M	$84.00M	$135.00M	$180.00M	$30.00M	$157.00M	$254.00M
BlackRock 1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$180.00M	$251.00M

PNC Financial Services Group's latest quarterly revenue breakdown by segment (product or service), as of Mar 25: Corporate & Institutional Banking (44.29%), Retail Banking 1 (39.93%), and Asset Management Group (15.78%).

PNC Financial Services Group Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
USB	U.S. Bancorp	$28.01B	$10.35B
TFC	Truist Financial	$24.25B	$4.90B
PNC	PNC Financial Services Group	$20.77B	$5.23B
CFG	Citizens Financial Group	$12.30B	-
FITB	Fifth Third Bancorp	$10.43B	$3.13B
HBAN	Huntington Bancshares	$9.92B	$1.94B
KEY	KeyCorp	$8.43B	$2.74B
RF	Regions Financial	$7.11B	$2.31B
ZION	Zions Bancorporation, National Association	$4.29B	$1.20B
CMA	Comerica	$3.94B	$924.00M
WAL	Western Alliance Ban	-	$778.00M

PNC Revenue FAQ

What is PNC Financial Services Group’s yearly revenue?

PNC Financial Services Group's yearly revenue for 2024 was $20.77B, representing a decrease of -3.45% compared to 2023. The company's yearly revenue for 2023 was $21.51B, representing an increase of 1.87% compared to 2022. PNC's yearly revenue for 2022 was $21.11B, representing an increase of 9.91% compared to 2021.

What is PNC Financial Services Group’s quarterly revenue?

PNC Financial Services Group's quarterly revenue for Q1 2025 was $5.23B, a -5.16% decrease from the previous quarter (Q4 2024), and a 1.69% increase year-over-year (Q1 2024). The company's quarterly revenue for Q4 2024 was $5.52B, a 1.60% increase from the previous quarter (Q3 2024), and a 2.70% increase year-over-year (Q4 2023). PNC's quarterly revenue for Q3 2024 was $5.43B, a 16.27% increase from the previous quarter (Q2 2024), and a 3.76% increase year-over-year (Q3 2023).

What is PNC Financial Services Group’s revenue growth rate?

PNC Financial Services Group's revenue growth rate for the last 3 years (2022-2024) was -1.65%, and for the last 5 years (2020-2024) was 22.87%.

What are PNC Financial Services Group’s revenue streams?

PNC Financial Services Group's revenue streams in c 23 are Corporate & Institutional Banking, Asset Management Group, and Retail Banking 1. Corporate & Institutional Banking generated $9.27B in revenue, accounting 39.20% of the company's total revenue, up 5.33% year-over-year. Asset Management Group generated $1.45B in revenue, accounting 6.14% of the company's total revenue, down -5.96% year-over-year. Retail Banking 1 generated $12.92B in revenue, accounting 54.66% of the company's total revenue, up 23.01% year-over-year.

What is PNC Financial Services Group’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of PNC Financial Services Group was Retail Banking 1. This segment made a revenue of $12.92B, representing 54.66% of the company's total revenue.