Filing Flows › PNC Financial Services Group (PNC) › Q4 2025
PNC Financial Services Group (PNC) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 20, 2026
PNC Financial Services Group (PNC) reported revenue of $6.1B for the fourth quarter 2025 (Q4 2025), +9% from a year earlier and +3% from the quarter before. Operating margin was 38.4%, net earnings $1.9B (31.7% of revenue).
PNC Financial Services Group, Q4 2025: revenue $6.1B (+9% year over year), operating margin 38.4%, net earnings $1.9B, operating cash flow $757M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.1B | +3% | +9% |
| Operating profit | $2.3B | +2% | +22% |
| Net earnings | $1.9B | +6% | +28% |
| Operating cash flow | $757M | -71% | -58% |
What changed
Revenue was $6.1B in Q4 2025, up 9% year over year and up 3% from the previous quarter.
Operating profit was $2.3B, a 38.4% margin (up 4.1 points year over year). Of the extra revenue versus a year earlier, 84% reached operating profit, above the 34% margin then. Total costs grew 2% against revenue growth of 9%. Net earnings were $1.9B, up 28% year over year. The effective tax rate was 12.7%.
Operating cash flow was $0.76B (down 58% year over year), 37% of net income including minority interests. Non-cash charges added back $0.11B of depreciation and amortization. Working capital and other items used $1.4B.
Questions
What was PNC Financial Services Group's revenue in the fourth quarter 2025?
PNC Financial Services Group (PNC) reported revenue of $6.1B for the fourth quarter 2025 (Q4 2025), +9% from a year earlier and +3% from the quarter before.
Was PNC Financial Services Group profitable in the fourth quarter 2025?
Operating profit was $2.3B (38.4% of revenue) and net earnings $1.9B.