Pnc Financial Services (PNC) Tax Rate (2009 - 2026)
Pnc Financial Services' (PNC) quarterly Tax Rate came in at 18.98% in Q1 2026, up 18.0% YoY from 16.08% in Q1 2025, and up 49.31% on a QoQ basis from 12.71% in Q4 2025.
Pnc Financial Services (PNC) Tax Rate (2009 - 2026) Analysis & Trends
Pnc Financial Services (PNC) has 18 years of Tax Rate data on file, last reported at 18.98% in Q1 2026.
- Quarterly Tax Rate rose 18.0% year-over-year to 18.98% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 17.64% (down 18.0% YoY) and the FY2025 annual result came in at 17.55%, down 25.0% from the prior year.
- Tax Rate rose to 18.98% in Q1 2026, from 12.71% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 20.33% in Q3 2025 to a low of 12.71% in Q4 2025.
- A 5-year average of 17.55% and a median of 18.52% in 2022 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2022 — Tax Rate slumped 376 bps — and 2024, when it surged 363 bps.
- Tracing PNC's Tax Rate over 5 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 20.53% |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 19.74% |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -30.86% |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -26.78% |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | 28.68% |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | -14.17% |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 14.44% |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 22.68% |
| 10 | Itau Unibanco Holding | 40.31 Bn | 42.00 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 20.53% |
| Jun 30, 2026 | 20.53% |
| Jun 30, 2026 | 20.53% |
| Mar 31, 2026 | 18.98% |
| Mar 31, 2026 | 18.98% |
| Mar 31, 2026 | 18.98% |
| Dec 31, 2025 | 12.71% |
| Dec 31, 2025 | 12.71% |
| Dec 31, 2025 | 12.71% |
| Sep 30, 2025 | 20.33% |
| Sep 30, 2025 | 20.33% |
| Sep 30, 2025 | 20.33% |
| Jun 30, 2025 | 18.82% |
| Jun 30, 2025 | 18.82% |
| Jun 30, 2025 | 18.82% |
| Mar 31, 2025 | 18.80% |
| Mar 31, 2025 | 18.80% |
| Mar 31, 2025 | 18.80% |
| Dec 31, 2024 | 14.59% |
| Dec 31, 2024 | 14.59% |