The PNC Financial Services Group Inc
The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States. It operates through three segments: Retail Banking, Corporate & Institutional Banking, and Asset Management Group segments. The Retail Banking segment offers checking, savings, and money market accounts, and time deposit; residential mortgages, home equity loans and lines of credit, a… Read more
The PNC Financial Services Group Inc (PNP) - Net Assets
Latest net assets as of September 2025: €59.04 Billion EUR
Based on the latest financial reports, The PNC Financial Services Group Inc (PNP) has net assets worth €59.04 Billion EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€568.77 Billion) and total liabilities (€509.73 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €59.04 Billion |
| % of Total Assets | 10.38% |
| Annual Growth Rate | 1.69% |
| 5-Year Change | 0.79% |
| 10-Year Change | 18.46% |
| Growth Volatility | 7.56 |
The PNC Financial Services Group Inc - Net Assets Trend (2014–2024)
This chart illustrates how The PNC Financial Services Group Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for The PNC Financial Services Group Inc (2014–2024)
The table below shows the annual net assets of The PNC Financial Services Group Inc from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €54.47 Billion | +6.51% |
| 2023-12-31 | €51.14 Billion | +11.63% |
| 2022-12-31 | €45.81 Billion | -17.79% |
| 2021-12-31 | €55.73 Billion | +3.12% |
| 2020-12-31 | €54.04 Billion | +9.52% |
| 2019-12-31 | €49.34 Billion | +3.29% |
| 2018-12-31 | €47.77 Billion | +0.39% |
| 2017-12-31 | €47.59 Billion | +1.56% |
| 2016-12-31 | €46.85 Billion | +1.90% |
| 2015-12-31 | €45.98 Billion | -0.20% |
| 2014-12-31 | €46.07 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to The PNC Financial Services Group Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 126.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €59.28 Billion | 108.92% |
| Total Equity | €54.42 Billion | 100.00% |
The PNC Financial Services Group Inc Competitors by Market Cap
The table below lists competitors of The PNC Financial Services Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cloudflare Inc
NYSE:NET
|
$66.22 Billion |
|
Investor AB (publ)
PINK:IVSXF
|
$66.43 Billion |
|
Enel SpA
PINK:ESOCF
|
$66.47 Billion |
|
Aon PLC
NYSE:AON
|
$66.69 Billion |
|
AXA SA
OTCQX:AXAHF
|
$66.04 Billion |
|
Anthem Inc.
LSE:0HG8
|
$65.99 Billion |
|
Natwest Group PLC
NYSE:NWG
|
$65.95 Billion |
|
Cintas Corporation
NASDAQ:CTAS
|
$65.93 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in The PNC Financial Services Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 51,105,000,000 to 54,425,000,000, a change of 3,320,000,000 (6.5%).
- Net income of 5,889,000,000 contributed positively to equity growth.
- Dividend payments of 2,889,000,000 reduced retained earnings.
- Share repurchases of 1,187,000,000 reduced equity.
- New share issuances of 69,000,000 increased equity.
- Other factors increased equity by 1,438,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €5.89 Billion | +10.82% |
| Dividends Paid | €2.89 Billion | -5.31% |
| Share Repurchases | €1.19 Billion | -2.18% |
| Share Issuances | €69.00 Million | +0.13% |
| Other Changes | €1.44 Billion | +2.64% |
| Total Change | €- | 6.50% |
Book Value vs Market Value Analysis
This analysis compares The PNC Financial Services Group Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.27x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.74x to 1.27x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €100.45 | €175.00 | x |
| 2018-12-31 | €104.44 | €175.00 | x |
| 2019-12-31 | €113.89 | €175.00 | x |
| 2020-12-31 | €127.47 | €175.00 | x |
| 2021-12-31 | €132.61 | €175.00 | x |
| 2022-12-31 | €114.15 | €175.00 | x |
| 2023-12-31 | €128.40 | €175.00 | x |
| 2024-12-31 | €137.46 | €175.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently The PNC Financial Services Group Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.82%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 28.30%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 10.29x
- Recent ROE (10.82%) is below the historical average (11.01%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 10.30% | 27.70% | 0.04x | 8.50x | €123.50 Million |
| 2015 | 9.95% | 27.43% | 0.04x | 8.69x | €-19.80 Million |
| 2016 | 8.54% | 25.74% | 0.04x | 8.02x | €-666.90 Million |
| 2017 | 11.23% | 32.69% | 0.04x | 8.01x | €586.70 Million |
| 2018 | 11.11% | 30.94% | 0.04x | 8.01x | €528.20 Million |
| 2019 | 10.89% | 30.12% | 0.04x | 8.32x | €437.60 Million |
| 2020 | 13.92% | 44.48% | 0.04x | 8.64x | €2.12 Billion |
| 2021 | 10.19% | 29.65% | 0.03x | 10.03x | €104.50 Million |
| 2022 | 13.20% | 28.61% | 0.04x | 12.17x | €1.46 Billion |
| 2023 | 10.91% | 25.93% | 0.04x | 10.99x | €467.50 Million |
| 2024 | 10.82% | 28.30% | 0.04x | 10.29x | €446.50 Million |
Industry Comparison
This section compares The PNC Financial Services Group Inc's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $2,151,195,313,100
- Average return on equity (ROE) among peers: 3.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| The PNC Financial Services Group Inc (PNP) | €59.04 Billion | 10.30% | 8.63x | $66.17 Billion |
| PT Bank Sinarmas Tbk (08S) | $6.07 Trillion | 0.11% | 5.02x | $303.68 Million |
| Seven Bank Ltd (0S7) | $275.85 Billion | 11.59% | 5.23x | $648.12 Million |
| Aktia Pankki Oyj (2A41) | $666.83 Million | 6.39% | 14.86x | $486.03 Million |
| Manx Financial Group PLC (3IM) | $24.98 Million | 11.18% | 11.36x | $13.98 Million |
| TowneBank (3T8) | $1.14 Billion | 7.67% | 6.46x | $2.10 Billion |
| TISCO Financial Group PCL (47T) | $42.45 Billion | 17.20% | 5.85x | $2.09 Billion |
| Bank of Qingdao Co. Ltd (4BQ) | $44.90 Billion | 9.50% | 14.37x | $867.69 Million |
| Fukuoka Financial Group Inc (4FK) | $853.06 Billion | 12.97% | 28.39x | $6.27 Billion |
| PT Bank KB Bukopin Tbk (5BB) | $14.11 Trillion | -42.76% | 4.97x | $15.54 Million |
| FIDEA Holdings Co. Ltd (5F9) | $109.23 Billion | 3.21% | 28.89x | $177.57 Million |