PNC Financial Services (PNC) FY2025 10-K Annual Report

Filed: Feb 20, 2026
Financials
National Commercial BanksSEC EDGAR

PNC Financial Services (PNC) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 20, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

PNC Financial Services FY2025 10-K Analysis

Business Overview

  • Core business: diversified financial services including retail and corporate banking, asset management, and wealth management
  • No new products or segments introduced; emphasis on equity compensation plans with 5.5 million securities issuable under options and 8.9 million shares available for future issuance
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Management Discussion & Analysis

  • Revenue: Net interest income $14,527M in 2025, up $897M YoY from $13,630M in 2024
  • Profitability: Net interest margin 2.83% in 2025 vs 2.66% in 2024
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Risk Factors

  • Regulatory risk from evolving deposit beta assumptions amidst Federal Funds rate changes since Aug 2024, impacting interest rate risk modeling
  • Macroeconomic threat of 200 bps interest rate shocks affecting Net Interest Income by +2.0% (increase) and -2.9% (decrease) as of Dec 31, 2025
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PNC Financial Services FY2025 Key Financial Metrics
XBRL

Revenue

$23.1B

+7.2% YoY

Net Income

$6.6B

+19.7% YoY

Net Margin

28.5%

+297bp YoY

ROE

10.9%

+76bp YoY

Total Assets

$573.6B

+2.4% YoY

EPS (Diluted)

$16.59

+20.7% YoY

Operating Cash Flow

$4.4B

-44.4% YoY

Source: XBRL data from PNC Financial Services FY2025 10-K filing on SEC EDGAR. All figures in USD.

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