PNC Financial Services Group Q1 2025 10-Q Filing
Ticker: PNC · Form: 10-Q · Filed: 2025-05-02T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, financials, quarterly-report, banking
Related Tickers: JPM, BAC, WFC, GS, MS
TL;DR
PNC dropped its Q1 2025 10-Q. Check financials.
AI Summary
PNC Financial Services Group, Inc. filed its 10-Q for the period ending March 31, 2025. The filing covers the first quarter of 2025, detailing financial performance and operational updates. Key financial data and disclosures relevant to investors are presented in this report.
Why It Matters
This filing provides investors with a detailed look at PNC's financial health and performance during the first quarter of 2025, crucial for understanding the bank's current standing and future outlook.
Risk Assessment
Risk Level: low — This is a routine quarterly filing providing standard financial disclosures.
Key Numbers
- 2025 Q1 — Reporting Period (First quarter of 2025 financial data)
- 2025-03-31 — As of Date (End of reporting period)
- 2024-03-31 — Prior Year Period (Comparison point for Q1 2025)
Key Players & Entities
- PNC FINANCIAL SERVICES GROUP, INC. (company) — Filer
- 0001628280-25-021752 (other) — Accession Number
- 20250331 (date) — Period of Report
- 20250502 (date) — Filing Date
- 0000713676 (other) — Central Index Key
FAQ
What is the reporting period for this 10-Q filing?
The reporting period is for the quarter ended March 31, 2025.
What is the filing date of this 10-Q?
This 10-Q was filed on May 2, 2025.
What is the Central Index Key (CIK) for PNC Financial Services Group, Inc.?
The CIK for PNC Financial Services Group, Inc. is 0000713676.
What is the fiscal year end for PNC Financial Services Group, Inc.?
The fiscal year end for PNC Financial Services Group, Inc. is December 31.
What is the SIC code for PNC Financial Services Group, Inc.?
The Standard Industrial Classification (SIC) code is 6021 for National Commercial Banks.
From the Filing
0001628280-25-021752.txt : 20250502 0001628280-25-021752.hdr.sgml : 20250502 20250502122434 ACCESSION NUMBER: 0001628280-25-021752 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 118 CONFORMED PERIOD OF REPORT: 20250331 FILED AS OF DATE: 20250502 DATE AS OF CHANGE: 20250502 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PNC FINANCIAL SERVICES GROUP, INC. CENTRAL INDEX KEY: 0000713676 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] ORGANIZATION NAME: 02 Finance EIN: 251435979 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-09718 FILM NUMBER: 25906703 BUSINESS ADDRESS: STREET 1: THE TOWER AT PNC PLAZA STREET 2: 300 FIFTH AVENUE CITY: PITTSBURGH STATE: PA ZIP: 15222-2401 BUSINESS PHONE: 888-762-2265 MAIL ADDRESS: STREET 1: THE TOWER AT PNC PLAZA STREET 2: 300 FIFTH AVENUE CITY: PITTSBURGH STATE: PA ZIP: 15222-2401 FORMER COMPANY: FORMER CONFORMED NAME: PNC FINANCIAL SERVICES GROUP INC DATE OF NAME CHANGE: 20000327 FORMER COMPANY: FORMER CONFORMED NAME: PNC BANK CORP DATE OF NAME CHANGE: 19930505 FORMER COMPANY: FORMER CONFORMED NAME: PNC BANK CORP /PA/ DATE OF NAME CHANGE: 19930428 10-Q 1 pnc-20250331.htm 10-Q pnc-20250331 false 2025 Q1 0000713676 --12-31 0 xbrli:shares iso4217:USD iso4217:USD xbrli:shares pnc:country xbrli:pure pnc:portfolio_segment pnc:segment pnc:operatingUnit 0000713676 2025-01-01 2025-03-31 0000713676 2025-04-16 0000713676 2024-01-01 2024-03-31 0000713676 2025-03-31 0000713676 2024-12-31 0000713676 us-gaap:EstimateOfFairValueFairValueDisclosureMember 2025-03-31 0000713676 us-gaap:EstimateOfFairValueFairValueDisclosureMember 2024-12-31 0000713676 2023-12-31 0000713676 2024-03-31 0000713676 srt:RevisionOfPriorPeriodReclassificationAdjustmentMember 2024-01-01 2024-03-31 0000713676 srt:ScenarioPreviouslyReportedMember 2024-01-01 2024-03-31 0000713676 srt:RevisionOfPriorPeriodReclassificationAdjustmentMember 2023-12-31 0000713676 srt:RevisionOfPriorPeriodReclassificationAdjustmentMember 2024-03-31 0000713676 us-gaap:USTreasuryAndGovernmentMember 2025-03-31 0000713676 us-gaap:USTreasuryAndGovernmentMember 2024-12-31 0000713676 pnc:ResidentialMortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember 2025-03-31 0000713676 pnc:ResidentialMortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember 2024-12-31 0000713676 pnc:ResidentialMortgageBackedSecuritiesIssuedByPrivateEnterprisesMember 2025-03-31 0000713676 pnc:ResidentialMortgageBackedSecuritiesIssuedByPrivateEnterprisesMember 2024-12-31 0000713676 pnc:CommercialMortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember 2025-03-31 0000713676 pnc:CommercialMortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember 2024-12-31 0000713676 pnc:CommercialMortgageBackedSecuritiesIssuedByPrivateEnterprisesMember 2025-03-31 0000713676 pnc:CommercialMortgageBackedSecuritiesIssuedByPrivateEnterprisesMember 2024-12-31 0000713676 us-gaap:AssetBackedSecuritiesMember 2025-03-31 0000713676 us-gaap:AssetBackedSecuritiesMember 2024-12-31 0000713676 us-gaap:OtherDebtSecuritiesMember 2025-03-31 0000713676 us-gaap:OtherDebtSecuritiesMember 2024-12-31 0000713676 pnc:FitchAAAORAARatingMember us-gaap:CreditConcentrationRiskMember us-gaap:InvestmentsMember 2024-01-01 2024-12-31 0000713676 pnc:FitchAAAORAARatingMember us-gaap:CreditConcentrationRiskMember us-gaap:InvestmentsMember 2025-01-01 2025-03-31 0000713676 us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember us-gaap:ResidentialMortgageBackedSecuritiesMember 2025-03-31 0000713676 us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember us-gaap:ResidentialMortgageBackedSecuritiesMember 2025-03-31 0000713676 us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember us-gaap:CommercialMortgageBackedSecuritiesMember 2025-03-31 0000713676 us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember us-gaap:CommercialMortgageBackedSecuriti