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PNC (PNC Financial Services Group) Pretax Margin % : 34.26% (As of Dec. 2024)


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What is PNC Financial Services Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. PNC Financial Services Group's Pre-Tax Income for the three months ended in Dec. 2024 was $1,905 Mil. PNC Financial Services Group's Revenue for the three months ended in Dec. 2024 was $5,561 Mil. Therefore, PNC Financial Services Group's pretax margin for the quarter that ended in Dec. 2024 was 34.26%.

The historical rank and industry rank for PNC Financial Services Group's Pretax Margin % or its related term are showing as below:

PNC' s Pretax Margin % Range Over the Past 10 Years
Min: 20.29   Med: 34.27   Max: 36.37
Current: 34.8


PNC's Pretax Margin % is ranked better than
56.02% of 1537 companies
in the Banks industry
Industry Median: 32.47 vs PNC: 34.80

PNC Financial Services Group Pretax Margin % Historical Data

The historical data trend for PNC Financial Services Group's Pretax Margin % 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 Pretax Margin % Chart

PNC Financial Services Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.29 36.37 35.39 31.32 34.80

PNC Financial Services Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.64 32.18 38.94 34.28 34.26

Competitive Comparison of PNC Financial Services Group's Pretax Margin %

For the Banks - Regional subindustry, PNC Financial Services Group's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, PNC Financial Services Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where PNC Financial Services Group's Pretax Margin % falls into.



PNC Financial Services Group Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

PNC Financial Services Group's Pretax Margin for the fiscal year that ended in Dec. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2024 )/Revenue (A: Dec. 2024 )
=7242/20809
=34.80 %

PNC Financial Services Group's Pretax Margin for the quarter that ended in Dec. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=1905/5561
=34.26 %

* 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.


PNC Financial Services Group  (NYSE:PNC) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


PNC Financial Services Group Pretax Margin % Related Terms

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PNC Financial Services Group Business Description

Traded in Other Exchanges
Address
300 Fifth Avenue, The Tower at PNC Plaza, Pittsburgh, PA, USA, 15222-2401
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.
Executives
William S Demchak officer: Vice Chairman and CFO THE TOWER AT PNC PLAZA, 300 FIFTH AVENUE, PITTSBURGH PA 15222-2707
Stacy M. Juchno officer: Executive Vice President 249 FIFTH AVENUE, MAILSTOP: P1-POPP-25-3, PITTSBURGH PA 15222-2707
Andrew T Feldstein director 280 PARK AVENUE, 5TH FLOOR EAST, NEW YORK NY 10017
Martin Pfinsgraff director 354 KINGSBERRY DRIVE, ANNAPOLIS MD 21409
Michael P. Lyons officer: Executive Vice President 249 FIFTH AVENUE, 1PNC, PITTSBURGH PA 15222
Richard Kevin Bynum officer: Executive Vice President 7567 GLEN POINTE CT., SPRINGFIELD VA 22153
Michael J Hannon officer: Chief Credit Policy Officer 249 FIFTH AVE, P1-POPP-30-1, PITTSBURGH PA 15222
Guild Deborah officer: Executive Vice President 847 PERSIMMON ROAD, SEWICKLEY PA 15143
Bryan Scott Salesky director 2545 RAILROAD ST, SUITE 400, PITTSBURGH PA 15222
Joseph Alvarado director 705 N. BAR Y ROAD, P.O. BOX 11368, JACKSON WY 83002
Kieran John Fallon officer: Executive Vice President 17160 SPRING CREEK LANE, LEESBURG VA 20176
Overstrom Alexander E. C. officer: Executive Vice President 643 PITCAIRN PLACE, PITTSBURGH PA 15232
Renu Khator director 11 GREENWAY PLAZA, SUITE 2400, HOUSTON TX 77046
Robert A Niblock director 1605 CURTIS BRIDGE ROAD, WILKESBORO NC 28697
Karen L. Larrimer officer: Executive Vice President ONE PNC PLAZA, 249 FIFTH AVENUE, PITTSBURGH PA 15222-2707