Pnc Financial Services Group annual debt-to-equity ratio
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2025
Pnc Financial Services Group Debt-to-Equity Ratio Growth & History (PNC)
Pnc Financial Services Group's debt-to-equity ratio was 0.97 for fiscal 2025.
View full Pnc Financial Services Group company overviewPnc Financial Services Group annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.97 | −0.19 | −16.54% |
| 2024 | 2024-12-31 | 1.17 | −0.29 | −20.16% |
| 2023 | 2023-12-31 | 1.46 | 0.13 | +9.97% |
| 2022 | 2022-12-31 | 1.33 | 0.74 | +124.42% |
| 2021 | 2021-12-31 | 0.59 | −0.13 | −18.54% |
| 2020 | 2020-12-31 | 0.73 | −0.54 | −42.54% |
| 2019 | 2019-12-31 | 1.27 | 0.06 | +5.24% |
| 2018 | 2018-12-31 | 1.20 | −0.04 | −3.26% |
| 2017 | 2017-12-31 | 1.24 | 0.09 | +7.83% |
| 2016 | 2016-12-31 | 1.15 | −0.07 | −5.44% |
| 2015 | 2015-12-31 | 1.22 | −0.05 | −4.28% |
| 2014 | 2014-12-31 | 1.27 | 0.19 | +17.00% |
| 2013 | 2013-12-31 | 1.09 | 0.87 | +402.51% |
| 2012 | 2012-12-31 | 0.22 | 0.09 | +72.80% |
| 2011 | 2011-12-31 | 0.13 | — | — |
Pnc Financial Services Group quarterly debt-to-equity ratio
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| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.34 | 0.29 | +27.68% |
| Q1 2026 | 2026-03-31 | 1.05 | −0.03 | −2.67% |
| Q4 2025 | 2025-12-31 | 0.97 | −0.19 | −16.54% |
| Q3 2025 | 2025-09-30 | 1.06 | −0.17 | −13.54% |
| Q2 2025 | 2025-06-30 | 1.05 | −0.31 | −22.66% |
| Q1 2025 | 2025-03-31 | 1.08 | −0.34 | −23.98% |
| Q4 2024 | 2024-12-31 | 1.17 | −0.29 | −20.16% |
| Q3 2024 | 2024-09-30 | 1.22 | −0.12 | −8.64% |
| Q2 2024 | 2024-06-30 | 1.36 | 0.03 | +2.30% |
| Q1 2024 | 2024-03-31 | 1.42 | 0.18 | +14.19% |
| Q4 2023 | 2023-12-31 | 1.46 | 0.13 | +9.97% |
| Q3 2023 | 2023-09-30 | 1.34 | 0.17 | +14.34% |
| Q2 2023 | 2023-06-30 | 1.33 | 0.57 | +75.56% |
| Q1 2023 | 2023-03-31 | 1.24 | 0.70 | +129.54% |
| Q4 2022 | 2022-12-31 | 1.33 | 0.74 | +124.42% |
| Q3 2022 | 2022-09-30 | 1.17 | 0.58 | +96.69% |
| Q2 2022 | 2022-06-30 | 0.76 | 0.12 | +18.49% |
| Q1 2022 | 2022-03-31 | 0.54 | −0.07 | −11.92% |
| Q4 2021 | 2021-12-31 | 0.59 | −0.13 | −18.54% |
| Q3 2021 | 2021-09-30 | 0.59 | −0.20 | −24.73% |
| Q2 2021 | 2021-06-30 | 0.64 | −0.25 | −28.28% |
| Q1 2021 | 2021-03-31 | 0.61 | −0.88 | −58.83% |
| Q4 2020 | 2020-12-31 | 0.73 | −0.54 | −42.54% |
| Q3 2020 | 2020-09-30 | 0.79 | −0.49 | −38.50% |
| Q2 2020 | 2020-06-30 | 0.89 | −0.55 | −38.41% |
| Q1 2020 | 2020-03-31 | 1.49 | 0.21 | +16.53% |
| Q4 2019 | 2019-12-31 | 1.27 | 0.06 | +5.24% |
| Q3 2019 | 2019-09-30 | 1.29 | 0.05 | +4.36% |
| Q2 2019 | 2019-06-30 | 1.44 | 0.18 | +14.26% |
| Q1 2019 | 2019-03-31 | 1.28 | 0.04 | +3.47% |
| Q4 2018 | 2018-12-31 | 1.20 | −0.04 | −3.26% |
| Q3 2018 | 2018-09-30 | 1.23 | −0.01 | −0.75% |
| Q2 2018 | 2018-06-30 | 1.26 | 0.04 | +3.16% |
| Q1 2018 | 2018-03-31 | 1.24 | 0.03 | +2.68% |
| Q4 2017 | 2017-12-31 | 1.24 | 0.09 | +7.83% |
| Q3 2017 | 2017-09-30 | 1.24 | 0.11 | +10.05% |
| Q2 2017 | 2017-06-30 | 1.22 | 0.03 | +2.18% |
| Q1 2017 | 2017-03-31 | 1.20 | 0.00 | +0.25% |
| Q4 2016 | 2016-12-31 | 1.15 | −0.07 | −5.44% |
| Q3 2016 | 2016-09-30 | 1.13 | −0.13 | −10.55% |
| Q2 2016 | 2016-06-30 | 1.20 | −0.11 | −8.50% |
| Q1 2016 | 2016-03-31 | 1.20 | −0.06 | −4.89% |
| Q4 2015 | 2015-12-31 | 1.22 | −0.05 | −4.28% |
| Q3 2015 | 2015-09-30 | 1.26 | 1.15 | +1066.03% |
| Q2 2015 | 2015-06-30 | 1.31 | 1.20 | +1057.63% |
| Q1 2015 | 2015-03-31 | 1.26 | 1.15 | +1010.67% |
| Q4 2014 | 2014-12-31 | 1.27 | 0.19 | +17.00% |
| Q3 2014 | 2014-09-30 | 0.11 | −0.06 | −36.42% |
| Q2 2014 | 2014-06-30 | 0.11 | −0.05 | −28.82% |
| Q1 2014 | 2014-03-31 | 0.11 | −0.06 | −35.17% |
| Q4 2013 | 2013-12-31 | 1.09 | 0.87 | +402.51% |
| Q3 2013 | 2013-09-30 | 0.17 | −0.11 | −38.70% |
| Q2 2013 | 2013-06-30 | 0.16 | — | — |
| Q1 2013 | 2013-03-31 | 0.18 | — | — |
| Q4 2012 | 2012-12-31 | 0.22 | 0.09 | +72.80% |
| Q3 2012 | 2012-09-30 | 0.28 | — | — |
| Q4 2011 | 2011-12-31 | 0.13 | — | — |
Pnc Financial Services Group debt-to-equity ratio trends
Over the last five fiscal years, Pnc Financial Services Group's debt-to-equity ratio increased from 0.73 to 0.97, a change of 0.25. The latest reported quarter, Q2 2026, shows 1.34.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Pnc Financial Services Group source filings ↗