The PNC Financial Services Group (PNC) Debt/Equity Ratio: History & Chart

The PNC Financial Services Group, Inc.(PNC)

Banks - Regional · Pittsburgh, PA

$244.24+1.26 (+0.52%)

Delayed quote: Sep 11, 2026, 4:00 PM EDT

About The PNC Financial Services Group, Inc.

PNC Financial Services Group, Inc. stands as a diversified financial institution operating across the United States. Founded in 1852 and headquartered in Pittsburgh, Pennsylvania, the company maintains an extensive physical footprint, boasting 2,591 branches and 9,502 ATMs. Its Retail Banking division delivers a full spectrum of financial solutions to individual consumers and small businesses. This includes a variety of deposit accounts such as checking, savings, money market, and certificates of deposit. Lending products span residential mortgages, home equity loans and lines of credit, auto loans, credit cards, education financing, and personal and small business loans and credit lines. Additionally, the segment provides brokerage, insurance, investment, and cash management services, all accessible via its branch network, ATMs, call centers, and digital banking channels. The Corporate & Institutional Banking segment caters to the needs of mid-sized and large corporations, government entities, and not-for-profit organizations. It offers secured and unsecured commercial loans, letters of credit, and equipment leases. Services extend to sophisticated cash and investment management, including receivables and disbursement handling, fund transfers, international payment processing, and access to online/mobile information reporting. Furthermore, this segment provides expert advice on foreign exchange, derivatives, fixed income, securities underwriting, loan syndications, and mergers and acquisitions, alongside offering equity capital markets advisory, commercial loan servicing, and technology solutions. PNC's Asset Management Group specializes in wealth management for a diverse clientele. For high net worth and ultra high net worth individuals and their families, it delivers tailored investment and retirement planning, customized investment management, credit and cash management strategies, and trust administration. This also includes specialized multi-generational family planning services for its wealthiest clients. Institutional clients benefit from outsourced chief investment officer capabilities, custody services, private real estate investment opportunities, cash and fixed income solutions, and fiduciary retirement advisory services.

Pittsburgh, PA

54,596 employees

www.pnc.com

Financial Services / Banks - Regional

Sector: Financial Services
Industry: Banks - Regional
CEO: William S. Demchak

View full financials

PNC Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

1.34

DEBT TO EQUITY RATIO AVG TTM

1.09

DEBT TO EQUITY RATIO AVG 3Y

1.21

DEBT TO EQUITY RATIO AVG 5Y

1.07

DEBT TO EQUITY RATIO AVG 10Y

1.20

DEBT TO EQUITY RATIO AVG 15Y

1.17

DEBT TO EQUITY RATIO AVG 20Y

1.21

CURRENT VS TTM AVG

+23.20%

CURRENT VS 3Y AVG

+10.71%

CURRENT VS 5Y AVG

+24.78%

CURRENT VS 10Y AVG

+11.96%

CURRENT VS 15Y AVG

+14.36%

CURRENT VS 20Y AVG

+10.63%

SECTOR MEDIAN · FINANCIAL SERVICES

0.65

median of 102 covered companies

CURRENT VS SECTOR MEDIAN

+106.04%

vs the sector median at left

NAME	MARKET CAP	DEBT TO EQUITY RATIO	TTM	3Y	5Y
The PNC Financial Services Group, Inc. (PNC)	$97.45B	1.34	1.09	1.21	1.07
Schwab U.S. Dividend Equity ETF (SCHD)vs ›	$97.65B	N/A	N/A	N/A	N/A
U.S. Bancorp (USB)vs ›	$97.89B	1.42	1.23	1.27	1.15
Invesco S&P 500 Equal Weight ETF (RSP)vs ›	$96.68B	N/A	N/A	N/A	N/A
CME Group Inc. (CME)vs ›	$99.08B	0.13	0.13	0.13	0.13
Robinhood Markets, Inc. (HOOD)vs ›	$101.21B	2.92	1.31	0.85	0.78
KKR & Co. Inc. (KKR)vs ›	$90.76B	1.63	1.96	2.10	2.19
Intercontinental Exchange, Inc. (ICE)vs ›	$88.36B	0.69	0.72	0.79	0.77
Brookfield Corporation (BN)vs ›	$85.37B	5.69	5.83	5.41	4.97
Marsh & McLennan Companies, Inc. (MRSH)vs ›	$84.42B	1.47	1.53	1.40	1.38

NAME

MARKET CAP

DEBT TO EQUITY RATIO

TTM

The PNC Financial Services Group, Inc. (PNC)

$97.45B

1.34

1.09

1.21

1.07

Schwab U.S. Dividend Equity ETF (SCHD)vs ›

$97.65B

N/A

U.S. Bancorp (USB)vs ›

$97.89B

1.42

1.23

1.27

1.15

Invesco S&P 500 Equal Weight ETF (RSP)vs ›

$96.68B

N/A

CME Group Inc. (CME)vs ›

$99.08B

0.13

Robinhood Markets, Inc. (HOOD)vs ›

$101.21B

2.92

1.31

0.85

0.78

KKR & Co. Inc. (KKR)vs ›

$90.76B

1.63

1.96

2.10

2.19

Intercontinental Exchange, Inc. (ICE)vs ›

$88.36B

0.69

0.72

0.79

0.77

Brookfield Corporation (BN)vs ›

$85.37B

5.69

5.83

5.41

4.97

Marsh & McLennan Companies, Inc. (MRSH)vs ›

$84.42B

1.47

1.53

1.40

1.38

Debt to Equity Ratio FAQ

What is the debt to equity ratio for The PNC Financial Services Group, Inc. (PNC)?

The debt to equity ratio for PNC stock is 1.34.

Is The PNC Financial Services Group, Inc.'s debt to equity ratio high or low?

The debt to equity ratio of 1.34 is 25% above its 5-year average of 1.07, near the high end of its 5-year range (0.54–1.42).

What is the TTM average debt to equity ratio for The PNC Financial Services Group, Inc. (PNC)?

The TTM average debt to equity ratio for PNC stock is 1.09.

What is the 3Y average debt to equity ratio for The PNC Financial Services Group, Inc. (PNC)?

The 3Y average debt to equity ratio for PNC stock is 1.21.

What is the 5Y average debt to equity ratio for The PNC Financial Services Group, Inc. (PNC)?

The 5Y average debt to equity ratio for PNC stock is 1.07.

What is the 10Y average debt to equity ratio for The PNC Financial Services Group, Inc. (PNC)?

The 10Y average debt to equity ratio for PNC stock is 1.20.

What is the 15Y average debt to equity ratio for The PNC Financial Services Group, Inc. (PNC)?

The 15Y average debt to equity ratio for PNC stock is 1.17.

What is the 20Y average debt to equity ratio for The PNC Financial Services Group, Inc. (PNC)?

The 20Y average debt to equity ratio for PNC stock is 1.21.

DATE	DEBT TO EQUITY RATIO
2026-06-30	1.34
2026-03-31	1.05
2025-12-31	0.94
2025-09-30	1.06
2025-06-30	1.05
2025-03-31	1.08
2024-12-31	1.13
2024-09-30	1.22
2024-06-30	1.36
2024-03-31	1.42
2023-12-31	1.42
2023-09-30	1.34
2023-06-30	1.33
2023-03-31	1.24
2022-12-31	1.28
2022-09-30	1.17
2022-06-30	0.76
2022-03-31	0.54
2021-12-31	0.59
2021-09-30	0.59
2021-06-30	0.64
2021-03-31	0.61
2020-12-31	0.73
2020-09-30	0.79
2020-06-30	0.89
2020-03-31	1.50
2019-12-31	1.23
2019-09-30	1.25
2019-06-30	1.40
2019-03-31	1.24
2018-12-31	1.21
2018-09-30	1.24
2018-06-30	1.27
2018-03-31	1.24
2017-12-31	1.25
2017-09-30	1.25
2017-06-30	1.23
2017-03-31	1.21
2016-12-31	1.16
2016-09-30	1.13
2016-06-30	1.20
2016-03-31	1.21
2015-12-31	1.27
2015-09-30	1.26
2015-06-30	1.31
2015-03-31	1.26
2014-12-31	1.27
2014-09-30	1.18
2014-06-30	1.11
2014-03-31	1.08
2013-12-31	1.09
2013-09-30	0.98
2013-06-30	0.99
2013-03-31	0.95
2012-12-31	1.05
2012-09-30	1.11
2012-06-30	1.18
2012-03-31	1.21
2011-12-31	1.08
2011-09-30	0.87
2011-06-30	1.09
2011-03-31	1.12
2010-12-31	1.31
2010-09-30	1.17
2010-06-30	1.22
2010-03-31	1.37
2009-12-31	1.72
2009-09-30	1.34
2009-06-30	1.55
2009-03-31	1.75
2008-12-31	2.05
2008-09-30	2.03
2008-06-30	1.97
2008-03-31	2.05
2007-12-31	2.08
2007-09-30	1.73
2007-06-30	1.69
2007-03-31	1.39
2006-12-31	1.39
2006-09-30	1.37
2006-06-30	1.77
2006-03-31	1.87
2005-12-31	1.97
2005-09-30	2.21
2005-06-30	2.21
2005-03-31	1.92
2004-12-31	1.60
2004-09-30	1.77
2004-06-30	1.55
2004-03-31	1.90
2003-12-31	1.72
2003-09-30	2.09
2003-06-30	1.17
2003-03-31	1.38
2002-12-31	1.33
2002-09-30	1.48

DATE

DEBT TO EQUITY RATIO

2026-06-30

1.34

2026-03-31

1.05

2025-12-31

0.94

2025-09-30

1.06

2025-06-30

1.05

2025-03-31

1.08

2024-12-31

1.13

2024-09-30

1.22

2024-06-30

1.36

2024-03-31

1.42

2023-12-31

1.42

2023-09-30

1.34

2023-06-30

1.33

2023-03-31

1.24

2022-12-31

1.28

2022-09-30

1.17

2022-06-30

0.76

2022-03-31

0.54

2021-12-31

0.59

2021-09-30

0.59

2021-06-30

0.64

2021-03-31

0.61

2020-12-31

0.73

2020-09-30

0.79

2020-06-30

0.89

2020-03-31

1.50

2019-12-31

1.23

2019-09-30

1.25

2019-06-30

1.40

2019-03-31

1.24

2018-12-31

1.21

2018-09-30

1.24

2018-06-30

1.27

2018-03-31

1.24

2017-12-31

1.25

2017-09-30

1.25

2017-06-30

1.23

2017-03-31

1.21

2016-12-31

1.16

2016-09-30

1.13

2016-06-30

1.20

2016-03-31

1.21

2015-12-31

1.27

2015-09-30

1.26

2015-06-30

1.31

2015-03-31

1.26

2014-12-31

1.27

2014-09-30

1.18

2014-06-30

1.11

2014-03-31

1.08

2013-12-31

1.09

2013-09-30

0.98

2013-06-30

0.99

2013-03-31

0.95

2012-12-31

1.05

2012-09-30

1.11

2012-06-30

1.18

2012-03-31

1.21

2011-12-31

1.08

2011-09-30

0.87

2011-06-30

1.09

2011-03-31

1.12

2010-12-31

1.31

2010-09-30

1.17

2010-06-30

1.22

2010-03-31

1.37

2009-12-31

1.72

2009-09-30

1.34

2009-06-30

1.55

2009-03-31

1.75

2008-12-31

2.05

2008-09-30

2.03

2008-06-30

1.97

2008-03-31

2.05

2007-12-31

2.08

2007-09-30

1.73

2007-06-30

1.69

2007-03-31

1.39

2006-12-31

1.39

2006-09-30

1.37

2006-06-30

1.77

2006-03-31

1.87

2005-12-31

1.97

2005-09-30

2.21

2005-06-30

2.21

2005-03-31

1.92

2004-12-31

1.60

2004-09-30

1.77

2004-06-30

1.55

2004-03-31

1.90

2003-12-31

1.72

2003-09-30

2.09

2003-06-30

1.17

2003-03-31

1.38

2002-12-31

1.33

2002-09-30

1.48

Debt to Equity Ratio: 1.34

PNC Debt to Equity Ratio

PNC Average Debt to Equity Ratio Chart

PNC Current vs Average Debt to Equity Ratio Chart

PNC Debt to Equity Ratio Metrics

PNC Competitors' Debt to Equity Ratio

Financial Health

Debt to Equity Ratio Formula & Definition

Debt to Equity Ratio FAQ

PNC Debt to Equity Ratio History

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