Pnc Financial Services (PNC) Operating Expenses (2009 - 2026)
Pnc Financial Services (PNC) posted Operating Expenses of $3.8 billion for Q1 2026, up 4.58% on a QoQ basis from $3.6 billion in Q4 2025, and up 11.25% year-over-year from $3.4 billion in Q1 2025.
Pnc Financial Services (PNC) Operating Expenses (2009 - 2026) Analysis & Trends
Pnc Financial Services' Operating Expenses history runs 18 years deep, the most recent figure standing at $3.8 billion for Q1 2026.
- Quarterly Operating Expenses rose 11.25% year-over-year to $3.8 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $14.2 billion (up 4.7% YoY) and the FY2025 annual result came in at $13.8 billion, up 2.29% from the prior year.
- Operating Expenses was $3.8 billion for Q1 2026 at Pnc Financial Services, up from $3.6 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $4.1 billion in Q4 2023 and bottomed at $3.2 billion in Q1 2022.
- A 5-year average of $3.4 billion and a median of $3.4 billion in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses gained 23.23% — and 2024, when it dropped 13.94%.
- Pnc Financial Services' 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 rose by 4.58% to $3.8 billion in 2026.
- Business Quant data shows PNC's Operating Expenses at $3.8 billion in Q1 2026, $3.6 billion in Q4 2025, and $3.5 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 42,090.38 Bn | 42,090.38 Bn | -786,828.77 | -20.00 Mn |
| 2 | Shinhan Financial | 33,919.15 Bn | 33,919.15 Bn | - | -1.06 Bn |
| 3 | Bank Of Chile | 4,123.52 Bn | 4,123.52 Bn | 167,623.00 | -287,925.00 |
| 4 | Lloyds Banking | 360.83 Bn | 360.83 Bn | - | -3.86 Bn |
| 5 | First Capital | 204.17 Bn | 203.82 Bn | - | 7.75 Mn |
| 6 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 11.90 Mn |
| 7 | NatWest | 144.82 Bn | -51.17 Bn | - | -2.75 Bn |
| 8 | Pnc Financial Services | 101.80 Bn | 101.80 Bn | - | 3.77 Bn |
| 9 | Us Bancorp | 99.51 Bn | 99.51 Bn | - | 4.27 Bn |
| 10 | Itau Unibanco Holding | 89.22 Bn | 46.51 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 3.05 Bn |