Pnc Financial Services (PNC) Operating Expenses (2009 - 2026)
Pnc Financial Services (PNC) posted Operating Expenses of $4.1 billion for Q2 2026, up 21.1% from $3.38 billion a year earlier and up 8.8% from the prior quarter.
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Analysis
Pnc Financial Services (PNC) Operating Expenses (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at Pnc Financial Services was $14.93 billion, up 9.8% year-over-year; for FY2025, it was $13.83 billion, up 2.3% from FY2024.
- Annual Operating Expenses shows a five-year compound annual growth rate of 6.1% (FY2020 to FY2025).
- In prior years, Pnc Financial Services' Operating Expenses was $13.52 billion in FY2024 (-3.5%), $14.01 billion in FY2023 (+6.4%), $13.17 billion in FY2022 (+1.3%) and $13 billion in FY2021 (+26.3%).
- The Q2 2026 figure stands as the highest quarterly Operating Expenses in data going back to Q1 2009.
- On a year-over-year basis, Operating Expenses has increased in each of the last six quarters, with growth averaging 3.8% over the last eight quarters.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q3 2021, with growth of 41.7%; the weakest was Q4 2024, with a decline of 13.9%.
- According to Business Quant data, Operating Expenses for the three prior quarters was $3.77 billion (Q1 2026), $3.6 billion (Q4 2025) and $3.46 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 27.32 Bn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | -3,218.32 Bn |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 18.63 Bn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 13.90 Bn |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 7.02 Bn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | 17.50 Bn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 11.67 Bn |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 13.66 Bn |
| 10 | Pnc Financial Services | 88.67 Bn | 88.73 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 |
API Access
Pnc Financial Services Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=PNC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "PNC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=PNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();