Pnc Financial Services (PNC) Operating Expenses (2009 - 2026)
Pnc Financial Services (PNC) reported Operating Expenses of $3.8 billion for Q1 2026, up 11.25% on a YoY basis from $3.4 billion in Q1 2025, and up 4.58% quarter-over-quarter from $3.6 billion in Q4 2025.
Pnc Financial Services (PNC) Operating Expenses (2009 - 2026) Analysis & Trends
Pnc Financial Services has reported Operating Expenses for 18 years, with the latest figure at $3.8 billion in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 11.25% year-over-year to $3.8 billion; the trailing twelve-month figure through Mar 2026 stood at $14.2 billion (up 4.7% YoY), and the FY2025 full-year result was $13.8 billion, up 2.29% from the prior year.
- Operating Expenses for Q1 2026 stood at $3.8 billion, up from $3.6 billion in the prior quarter.
- The five-year high for Operating Expenses was $4.1 billion in Q4 2023, with the low at $3.2 billion in Q1 2022.
- Historically, Operating Expenses has averaged $3.4 billion across 5 years, with a median of $3.4 billion in 2023.
- Annual changes were most pronounced in 2022 — Operating Expenses grew 23.23% — and 2024, when it retreated 13.94%.
- Pnc Financial Services' Operating Expenses stood at $3.5 billion in 2022, then rose by 17.27% to $4.1 billion in 2023, then dropped by 13.94% to $3.5 billion in 2024, then gained by 2.77% to $3.6 billion in 2025, then grew by 4.58% to $3.8 billion in 2026.
- The last three Operating Expenses figures came in at $3.8 billion (Q1 2026), $3.6 billion (Q4 2025), and $3.5 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -287,925.00 |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -3.86 Bn |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 7.75 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 11.90 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -2.75 Bn |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | -1.06 Bn |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | 137.67 Mn |
| 10 | Pnc Financial Services | 96.18 Bn | 96.23 Bn | - | 3.77 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 |