PNC Financial Services Group (BSP:PNCS34) Debt-to-Equity

: 1.42 (As of Dec. 2023)

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PNC Financial Services Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$0 Mil. PNC Financial Services Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$356,397 Mil. PNC Financial Services Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was R$250,404 Mil. PNC Financial Services Group's debt to equity for the quarter that ended in Dec. 2023 was 1.42.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for PNC Financial Services Group's Debt-to-Equity or its related term are showing as below:

BSP:PNCS34' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.55 Med: 1.21 Max: 1.42
Current: 1.42

During the past 13 years, the highest Debt-to-Equity Ratio of PNC Financial Services Group was 1.42. The lowest was 0.55. And the median was 1.21.

BSP:PNCS34's Debt-to-Equity is ranked worse than
74.77% of 1395 companies
in the Banks industry
Industry Median: 0.7 vs BSP:PNCS34: 1.42

PNC Financial Services Group Debt-to-Equity Historical Data

The historical data trend for PNC Financial Services Group's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PNC Financial Services Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.22

0.69

0.55

1.28

1.42

PNC Financial Services Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															1.24	1.33	1.34	1.42	1.42

Competitive Comparison

For the Banks - Regional subindustry, PNC Financial Services Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

PNC Financial Services Group Debt-to-Equity Distribution

For the Banks industry and Financial Services sector, PNC Financial Services Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where PNC Financial Services Group's Debt-to-Equity falls into.

PNC Financial Services Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PNC Financial Services Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	356396.753)	/	250404.279
	=	1.42

PNC Financial Services Group's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	356396.753)	/	250404.279
	=	1.42

PNC Financial Services Group (BSP:PNCS34) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

PNC Financial Services Group Debt-to-Equity Related Terms

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PNC Financial Services Group (BSP:PNCS34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » PNC Financial Services Group Inc (BSP:PNCS34) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PNC:USA PNC:Mexico PNP:Germany

Address

300 Fifth Avenue, The Tower at PNC Plaza, Pittsburgh, PA, USA, 15222-2401

Website

https://www.pnc.com

PNC Financial Services Group is a diversified financial services company offering retail banking, corporate and institutional banking, asset management, and residential mortgage banking across the United States.

PNC Financial Services Group (BSP:PNCS34) Headlines

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