Pnc Financial Services (PNC) Operating Expenses (2009 - 2026)
Pnc Financial Services' (PNC) quarterly Operating Expenses came in at $4.1 billion in Q2 2026, up 21.14% on a YoY basis from $3.4 billion in Q2 2025, and up 8.76% quarter-over-quarter from $3.8 billion in Q1 2026.
Analysis
Pnc Financial Services (PNC) Operating Expenses (2009 - 2026) Analysis & Trends
Pnc Financial Services (PNC) has reported Operating Expenses for 18 consecutive years, with $4.1 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 21.14% year-over-year to $4.1 billion; the trailing twelve-month figure through Jun 2026 stood at $14.9 billion (up 9.76% YoY), and the FY2025 full-year result was $13.8 billion, up 2.29% from the prior year.
- Operating Expenses advanced to $4.1 billion in Q2 2026 per PNC's latest filing, from $3.8 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $4.1 billion in Q2 2026 and bottomed at $3.2 billion in Q1 2022.
- Historically, Operating Expenses has averaged $3.5 billion across 5 years, with a median of $3.4 billion in 2023.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses increased 23.23% in 2022, then decreased 13.94% in 2024.
- Over 5 years, Operating Expenses stood at $3.5 billion in 2022, then advanced by 17.27% to $4.1 billion in 2023, then fell by 13.94% to $3.5 billion in 2024, then climbed by 2.77% to $3.6 billion in 2025, then gained by 13.74% to $4.1 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $4.1 billion, $3.8 billion, and $3.6 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 2,119.43 Bn | 1,530.93 Bn | 30.39 Bn | 18.63 Bn |
| 2 | Morgan Stanley | 342.23 Bn | 182.09 Bn | - | 13.90 Bn |
| 3 | Goldman Sachs | 302.60 Bn | -673.74 Bn | - | 11.67 Bn |
| 4 | Mitsubishi Ufj Financial | 296.69 Bn | -87.63 Bn | 10.89 Bn | 17.50 Bn |
| 5 | Royal Bank Of Canada | 295.00 Bn | 68.16 Bn | - | 7.02 Bn |
| 6 | Wells Fargo & Company | 272.35 Bn | 70.52 Bn | - | 13.66 Bn |
| 7 | American Express | 220.11 Bn | 170.79 Bn | 17.99 Bn | 14.48 Bn |
| 8 | Banco Santander | 214.76 Bn | 222.37 Bn | 28.01 Bn | -7.44 Bn |
| 9 | Toronto Dominion Bank | 205.51 Bn | 44.18 Bn | - | 6.08 Bn |
| 10 | Pnc Financial Services | 97.99 Bn | 98.04 Bn | - | 4.10 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.10 Bn |
| Mar 31, 2026 | 3.77 Bn |
| Dec 31, 2025 | 3.60 Bn |
| Sep 30, 2025 | 3.46 Bn |
| Jun 30, 2025 | 3.38 Bn |
| Mar 31, 2025 | 3.39 Bn |
| Dec 31, 2024 | 3.51 Bn |
| Sep 30, 2024 | 3.33 Bn |
| Jun 30, 2024 | 3.36 Bn |
| Mar 31, 2024 | 3.33 Bn |
| Dec 31, 2023 | 4.07 Bn |
| Sep 30, 2023 | 3.25 Bn |
| Jun 30, 2023 | 3.37 Bn |
| Mar 31, 2023 | 3.32 Bn |
| Dec 31, 2022 | 3.47 Bn |
| Sep 30, 2022 | 3.28 Bn |
| Jun 30, 2022 | 3.24 Bn |
| Mar 31, 2022 | 3.17 Bn |
| Dec 31, 2021 | 3.79 Bn |
| Sep 30, 2021 | 3.59 Bn |