How does PNC Financial Services Group (PNC) make money?

PNC Financial Services Group (PNC) generates revenue primarily from Corporate & Institutional Banking, which accounted for 45.7% of total revenue in TTM through Q1 2026. The company reported $32.05B in revenue and converted 22.5% of it into net profit, equivalent to roughly $7.21B in net income — what's left after the cost of revenue, operating expenses, interest, and income taxes.

What is the gross profit margin of PNC Financial Services Group (PNC)?

PNC Financial Services Group (PNC) reported a gross profit margin of 71.9% in TTM through Q1 2026, equivalent to $23.04B in gross profit on $32.05B in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of PNC Financial Services Group (PNC)?

PNC Financial Services Group (PNC) reported an operating profit margin of 27.5% in TTM through Q1 2026, equivalent to $8.83B in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of PNC Financial Services Group (PNC)?

PNC Financial Services Group (PNC) reported a net profit margin of 22.5% in TTM through Q1 2026, equivalent to $7.21B in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is PNC Financial Services Group (PNC) profitable?

Yes. PNC Financial Services Group (PNC) reported $7.21B in net income for TTM through Q1 2026, with a net profit margin of 22.5%. The company earned more from its operations than it paid out in costs, interest, and income taxes, leaving positive earnings on the bottom line.

How much free cash flow does PNC Financial Services Group (PNC) generate?

PNC Financial Services Group (PNC) generated $6.82B in free cash flow during TTM through Q1 2026, a free-cash-flow margin of 21.3%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

What is the effective tax rate of PNC Financial Services Group (PNC)?

PNC Financial Services Group (PNC) had an effective tax rate of 17.6% in TTM through Q1 2026. The effective rate is the actual share of pre-tax income paid as income taxes and can differ materially from the statutory rate due to foreign earnings mix, tax credits (such as R&D), share-based compensation deductions, and one-off discrete items.

What are the main business segments of PNC Financial Services Group (PNC)?

PNC Financial Services Group (PNC) reports revenue across 3 reportable product segments, led by Corporate & Institutional Banking at 45.7% of total revenue in TTM through Q1 2026. See the revenue-by-segment table on this page for the full breakdown and how each segment feeds into the income-statement waterfall above.

How PNC Financial Services Group Makes Money: 2026 Visual Revenue Map

PNC Financial Services Group (PNC) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported May 5, 2026).

PNC Financial Services Group discloses geographic revenue only in annual filings. to view the full breakdown.

PNC Financial Services Group (PNC) Revenue by Product Segment — TTM through Q1 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported segments changed mid-year.

Revenue contribution by product segment for PNC Financial Services Group (PNC) in TTM through Q1 2026.
Segment	Revenue (USD)	% of total
Corporate & Institutional Banking	$14.64B	45.7%
Retail Banking 1	$12.58B	39.2%
Asset Management Group	$4.84B	15.1%
Total	$32.05B	100%

Corporate & Institutional Banking$14.64B
Retail Banking 1$12.58B
Asset Management Group$4.84B
Total$32.05B

Revenue Breakdown — TTM through Q1 2026

In TTM through Q1 2026, PNC Financial Services Group (PNC) reports revenue across 3 operating segments; the largest segment was Corporate & Institutional Banking at 45.7%, followed by Retail Banking 1 (39.2%) and Asset Management Group (15.1%).

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