Pnc Financial Services (PNC) Tax Rate (2009 - 2026)
Pnc Financial Services (PNC) reported Tax Rate of 18.98% for Q1 2026, up 18.0% on a YoY basis from 16.08% in Q1 2025, and up 49.31% quarter-over-quarter from 12.71% in Q4 2025.
Pnc Financial Services (PNC) Tax Rate (2009 - 2026) Analysis & Trends
Pnc Financial Services has reported Tax Rate for 18 years, with the latest figure at 18.98% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 18.0% year-over-year to 18.98%; the trailing twelve-month figure through Mar 2026 stood at 17.64% (down 18.0% YoY), and the FY2025 full-year result was 17.55%, down 25.0% from the prior year.
- Tax Rate for Q1 2026 stood at 18.98%, up from 12.71% in the prior quarter.
- The five-year high for Tax Rate was 20.33% in Q3 2025, with the low at 12.71% in Q4 2025.
- Historically, Tax Rate has averaged 17.55% across 5 years, with a median of 18.52% in 2022.
- Annual changes were most pronounced in 2022 — Tax Rate slumped 376 bps — and 2024, when it surged 363 bps.
- Pnc Financial Services' Tax Rate stood at 17.7% in 2022, then retreated by 8 bps to 16.3% in 2023, then fell by 10 bps to 14.59% in 2024, then declined by 13 bps to 12.71% in 2025, then surged by 49 bps to 18.98% in 2026.
- The last three Tax Rate figures came in at 18.98% (Q1 2026), 12.71% (Q4 2025), and 20.33% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -22.54% |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -23.21% |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 19.21% |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 19.83% |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -25.87% |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | 25.76% |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Pnc Financial Services | 96.18 Bn | 96.23 Bn | - | 18.98% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.98% |
| Mar 31, 2026 | 18.98% |
| Dec 31, 2025 | 12.71% |
| Dec 31, 2025 | 12.71% |
| Sep 30, 2025 | 20.33% |
| Sep 30, 2025 | 20.33% |
| Jun 30, 2025 | 18.82% |
| Jun 30, 2025 | 18.82% |
| Mar 31, 2025 | 18.80% |
| Mar 31, 2025 | 18.80% |
| Dec 31, 2024 | 14.59% |
| Dec 31, 2024 | 14.59% |
| Sep 30, 2024 | 19.17% |
| Sep 30, 2024 | 19.17% |
| Jun 30, 2024 | 18.80% |
| Jun 30, 2024 | 18.80% |
| Mar 31, 2024 | 18.84% |
| Mar 31, 2024 | 18.84% |
| Dec 31, 2023 | 16.30% |
| Dec 31, 2023 | 16.30% |