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

PNC Financial Services Group (PNC) generates revenue primarily from Corporate & Institutional Banking, which accounted for 46.4% of total revenue in TTM through Q2 2026. The company reported $30.6B in revenue and converted 25% of it into net profit, equivalent to roughly $7.63B 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 79.6% in TTM through Q2 2026, equivalent to $24.3B in gross profit on $30.6B 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 30.7% in TTM through Q2 2026, equivalent to $9.39B 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 25% in TTM through Q2 2026, equivalent to $7.63B 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 $7.63B in net income for TTM through Q2 2026, with a net profit margin of 25%. 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 Q2 2026, a free-cash-flow margin of 22.3%. 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 18.2% in TTM through Q2 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 46.4% of total revenue in TTM through Q2 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 Q2 2026

Calculated from the four most recent reported quarters, ending June 30, 2026 (reported July 15, 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 Q2 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), TTM through Q2 2026.
Segment	Revenue (USD)	% of total
Corporate & Institutional Banking	$14.2B	46.4%
Retail Banking 1	$11.8B	38.6%
Asset Management Group	$4.58B	15%
Total	$30.6B	100%

Corporate & Institutional Banking$14.2B
Retail Banking 1$11.8B
Asset Management Group$4.58B
Total$30.6B

Revenue Breakdown — TTM through Q2 2026

In TTM through Q2 2026, PNC Financial Services Group (PNC) reports revenue across 3 reportable product segments; the largest segment was Corporate & Institutional Banking at 46.4%, followed by Retail Banking 1 (38.6%) and Asset Management Group (15%).

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