Filing Flows › PNC Financial Services Group (PNC) › Q2 2025
PNC Financial Services Group (PNC) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 1, 2025
PNC Financial Services Group (PNC) reported revenue of $5.7B for the second quarter 2025 (Q2 2025), +5% from a year earlier and +4% from the quarter before. Operating margin was 35.8%, net earnings $1.6B (28.7% of revenue).
PNC Financial Services Group, Q2 2025: revenue $5.7B (+5% year over year), operating margin 35.8%, net earnings $1.6B, operating cash flow $1.5B. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.7B | +4% | +5% |
| Operating profit | $2.0B | +10% | +11% |
| Net earnings | $1.6B | +16% | +20% |
| Operating cash flow | $1.5B | — | +43% |
What changed
Revenue was $5.7B in Q2 2025, up 5% year over year and up 4% from the previous quarter.
Operating profit was $2.0B, a 35.8% margin (up 2.1 points year over year). Of the extra revenue versus a year earlier, 82% reached operating profit, above the 34% margin then. Total costs grew 1% against revenue growth of 5%. Net earnings were $1.6B, up 20% year over year. The effective tax rate was 18.8%.
Operating cash flow was $1.5B (up 43% year over year), 90% of net earnings. Non-cash charges added back $0.08B of depreciation and amortization. Working capital and other items used $0.24B.
Questions
What was PNC Financial Services Group's revenue in the second quarter 2025?
PNC Financial Services Group (PNC) reported revenue of $5.7B for the second quarter 2025 (Q2 2025), +5% from a year earlier and +4% from the quarter before.
Was PNC Financial Services Group profitable in the second quarter 2025?
Operating profit was $2.0B (35.8% of revenue) and net earnings $1.6B.