PNC FINANCIAL SERVICES GROUP, INC.
For the period ended Jun 30, 2025. Filed Aug 1, 2025.
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Jun 30, 2025 · Filed Aug 1, 2025
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Consolidated Income Statement Review
Our Consolidated Income Statement is presented in Item 1 of this Report.
Net income of $1.6 billion, or $3.85 per diluted common share, for the second quarter of 2025 increased $144 million, or 10%, compared to $1.5 billion, or $3.51 per diluted common share, for the first quarter of 2025, primarily due to higher noninterest and net interest income, partially offset by a higher provision for credit losses. Net income of $3.1 billion, or $7.37 per diluted common share, for the first six months of 2025 increased $321 million, or 11%, compared to $2.8 billion, or $6.48 per diluted common share, for the same period in 2024, driven by higher net interest and noninterest income, partially offset by a higher provision for credit losses and increased noninterest expense.
The PNC Financial Services Group, Inc. –Form 10-Q 5
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