Pnc Financial Services Group Net Debt Growth & History (PNC)
Pnc Financial Services Group's net debt was $19.32B for fiscal 2025.
View full Pnc Financial Services Group company overviewPnc Financial Services Group annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $19.32B | $2.03B | +11.73% |
| 2024 | 2024-12-31 | $17.29B | −$6.72B | −27.98% |
| 2023 | 2023-12-31 | $24.01B | −$2.50B | −9.43% |
| 2022 | 2022-12-31 | $26.51B | $75.76B | — |
| 2021 | 2021-12-31 | −$49.25B | −$81.53B | — |
| 2020 | 2020-12-31 | $32.27B | −$25.10B | −43.74% |
| 2019 | 2019-12-31 | $57.37B | $5.56B | +10.73% |
| 2018 | 2018-12-31 | $51.81B | −$2.03B | −3.77% |
| 2017 | 2017-12-31 | $53.84B | — | — |
Pnc Financial Services Group quarterly net debt
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $56.98B | $26.95B | +89.74% |
| Q1 2026 | 2026-03-31 | $34.97B | $12.64B | +56.65% |
| Q4 2025 | 2025-12-31 | $19.32B | $2.03B | +11.73% |
| Q3 2025 | 2025-09-30 | $23.47B | −$3.41B | −12.68% |
| Q2 2025 | 2025-06-30 | $30.03B | −$2.08B | −6.48% |
| Q1 2025 | 2025-03-31 | $22.32B | $9.16B | +69.59% |
| Q4 2024 | 2024-12-31 | $17.29B | −$6.72B | −27.98% |
| Q3 2024 | 2024-09-30 | $26.88B | $7.50B | +38.69% |
| Q2 2024 | 2024-06-30 | $32.11B | $11.18B | +53.39% |
| Q1 2024 | 2024-03-31 | $13.16B | −$41.72B | −76.02% |
| Q4 2023 | 2023-12-31 | $24.01B | −$2.50B | −9.43% |
| Q3 2023 | 2023-09-30 | $19.38B | −$28.70B | −59.69% |
| Q2 2023 | 2023-06-30 | $20.93B | −$6.47B | −23.60% |
| Q1 2023 | 2023-03-31 | $54.88B | $35.88B | +188.87% |
| Q4 2022 | 2022-12-31 | $26.51B | $75.76B | — |
| Q3 2022 | 2022-09-30 | $48.09B | $23.46B | +95.25% |
| Q2 2022 | 2022-06-30 | $27.40B | $1.31B | +5.03% |
| Q1 2022 | 2022-03-31 | $19.00B | −$6.58B | −25.71% |
| Q4 2021 | 2021-12-31 | −$49.25B | −$81.53B | — |
| Q3 2021 | 2021-09-30 | $24.63B | −$10.85B | −30.59% |
| Q2 2021 | 2021-06-30 | $26.09B | −$14.60B | −35.88% |
| Q1 2021 | 2021-03-31 | $25.57B | −$40.33B | −61.19% |
| Q4 2020 | 2020-12-31 | $32.27B | −$25.10B | −43.74% |
| Q3 2020 | 2020-09-30 | $35.48B | −$22.37B | −38.66% |
| Q2 2020 | 2020-06-30 | $40.69B | −$25.08B | −38.13% |
| Q1 2020 | 2020-03-31 | $65.91B | $8.91B | +15.63% |
| Q4 2019 | 2019-12-31 | $57.37B | $5.56B | +10.73% |
| Q3 2019 | 2019-09-30 | $57.85B | — | — |
| Q2 2019 | 2019-06-30 | $65.77B | — | — |
| Q1 2019 | 2019-03-31 | $57.00B | — | — |
| Q4 2018 | 2018-12-31 | $51.81B | −$2.03B | −3.77% |
| Q4 2017 | 2017-12-31 | $53.84B | — | — |
Pnc Financial Services Group net debt trends
Over the last five fiscal years, Pnc Financial Services Group's net debt decreased from $32.27B to $19.32B, a change of −$12.95B. The latest reported quarter, Q2 2026, shows $56.98B.
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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