Pnc Financial Services PNC
NYSE PNC
$240.64 -2.27 (-0.93%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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