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PNCPQ.PFD (PNC Financial Services Group) Tax Rate % : 19.17% (As of Sep. 2024)


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What is PNC Financial Services Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. PNC Financial Services Group's Tax Expense for the three months ended in Sep. 2024 was $357.00 Mil. PNC Financial Services Group's Pre-Tax Income for the three months ended in Sep. 2024 was $1,862.00 Mil. Therefore, PNC Financial Services Group's Tax Rate % for the quarter that ended in Sep. 2024 was 19.17%.

PNC Financial Services Group Tax Rate % Historical Data

The historical data trend for PNC Financial Services Group's Tax Rate % 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 Tax Rate % Chart

PNC Financial Services Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.41 12.42 18.07 18.20 16.17

PNC Financial Services Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Tax Rate % 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 15.55 16.30 18.84 18.80 19.17

PNC Financial Services Group Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

PNC Financial Services Group's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=1089/6736
=16.17 %

PNC Financial Services Group's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=357/1862
=19.17 %

* 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 Tax Rate % Related Terms

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PNC Financial Services Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » PNC Financial Services Group Inc (NYSE:PNCpQ.PFD) » Definitions » Tax Rate %
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USB NU TFC MTB FCNCA FITB HBAN RF CFG KEY NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 SGX:D05 NSE:SBIN ISX:BBCA HKSE:01658 MIL:ISP XPAR:BNP
Traded in Other Exchanges
PNC:USA PNC:Mexico 0KEF:UK PNP:Germany PNP:Germany PNCS34:Brazil
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.