PNC Financial Services Group (PNC Financial Services Group) Interest Expense : $-11,554.00 Mil (TTM As of Dec. 2023)

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What is PNC Financial Services Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. PNC Financial Services Group's interest expense for the three months ended in Dec. 2023 was $ -3,099.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-11,554.00 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. PNC Financial Services Group's Operating Income for the three months ended in Dec. 2023 was $ Mil. PNC Financial Services Group's Interest Expense for the three months ended in Dec. 2023 was $ Mil. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

PNC Financial Services Group Interest Expense Historical Data

The historical data trend for PNC Financial Services Group's Interest Expense 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.

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PNC Financial Services Group Interest Expense Chart

PNC Financial Services Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-3,797.00

-1,361.00

-487.00

-2,422.00

-10,392.00

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
Interest Expense	Get a 7-Day Free Trial															-2,074.00	-2,434.00	-2,785.00	-3,099.00	-3,236.00

PNC Financial Services Group Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-11,554.00 Mil.

PNC Financial Services Group (PNC Financial Services Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » PNC Financial Services Group Inc (NYSE:PNCpQ.PFD) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

PNC:USA PNC:Mexico PNP:Germany 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.