PNC Financial Services Group total debt 1989–2026What is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.
PNC Financial Services Group's total debt was 79.76B USD on 30 September 2026, up 27.9% on a year before. At the end of fiscal year 2025 it was 57.10B USD.
Last updated 10 Nov 2026 · Next report 15 Jan 2027
Total debt
Growth
| Fiscal year | Period ending | Total debt | Growth | Cash and short-term investments | Net cash | Debt to equity |
|---|---|---|---|---|---|---|
| Latest quarter | 30 Sept 2026 | 79.76B | +27.93% | 176.80B | 97.04B | 1.28 |
| FY2025 | 31 Dec 2025 | 57.10B | -7.41% | 50.39B | -6.72B | 0.94 |
| FY2024 | 31 Dec 2024 | 61.67B | -15.21% | 55.64B | -6.04B | 1.13 |
| FY2023 | 31 Dec 2023 | 72.74B | +23.89% | 92.51B | 19.77B | 1.42 |
| FY2022 | 31 Dec 2022 | 58.71B | +77.90% | 78.52B | 19.81B | 1.28 |
| FY2021 | 31 Dec 2021 | 33.00B | -16.00% | 213.79B | 180.79B | 0.59 |
| FY2020 | 31 Dec 2020 | 39.29B | -35.14% | 179.55B | 140.26B | 0.73 |
| FY2019 | 31 Dec 2019 | 60.58B | +4.99% | 97.64B | 37.06B | 1.23 |
| FY2018 | 31 Dec 2018 | 57.70B | -2.83% | 79.89B | 22.19B | 1.21 |
| FY2017 | 31 Dec 2017 | 59.39B | +12.03% | 91.46B | 32.08B | 1.25 |
| FY2016 | 31 Dec 2016 | 53.01B | -6.30% | 90.69B | 37.69B | 1.16 |
| FY2015 | 31 Dec 2015 | 56.57B | -0.35% | 90.37B | 33.80B | 1.27 |
| FY2014 | 31 Dec 2014 | 56.77B | +23.13% | 80.37B | 23.61B | 1.27 |
| FY2013 | 31 Dec 2013 | 46.11B | +12.71% | 64.79B | 18.68B | 1.09 |
| FY2012 | 31 Dec 2012 | 40.91B | +11.45% | 60.26B | 19.35B | 1.05 |
| FY2011 | 31 Dec 2011 | 36.70B | -7.05% | 53.84B | 17.14B | 1.08 |
| FY2010 | 31 Dec 2010 | 39.49B | -23.51% | 62.22B | 22.73B | 1.31 |
| FY2009 | 31 Dec 2009 | 51.62B | -1.18% | 59.57B | 7.95B | 1.72 |
| FY2008 | 31 Dec 2008 | 52.24B | +68.89% | 59.47B | 7.23B | 2.05 |
| FY2007 | 31 Dec 2007 | 30.93B | +105.82% | 34.37B | 3.43B | 2.08 |
| FY2006 | 31 Dec 2006 | 15.03B | -11.11% | 29.84B | 14.82B | 1.39 |
| FY2005 | 31 Dec 2005 | 16.91B | +41.32% | 26.77B | 9.86B | 1.97 |
| FY2004 | 31 Dec 2004 | 11.96B | +4.46% | 3.23B | -8.73B | 1.60 |
| FY2003 | 31 Dec 2003 | 11.45B | +25.64% | 2.97B | -8.49B | 1.72 |
| FY2002 | 31 Dec 2002 | 9.12B | -24.60% | 3.20B | -5.92B | 1.33 |
| FY2001 | 31 Dec 2001 | 12.09B | +3.17% | 4.33B | -7.76B | 2.08 |
| FY2000 | 31 Dec 2000 | 11.72B | -17.65% | 3.66B | -8.06B | 1.76 |
| FY1999 | 31 Dec 1999 | 14.23B | -32.07% | 3.08B | -11.15B | 2.39 |
| FY1998 | 31 Dec 1998 | 20.95B | +6.75% | 2.53B | -18.41B | 3.47 |
| FY1997 | 31 Dec 1997 | 19.62B | +0.09% | 4.30B | -15.32B | 3.64 |
| FY1996 | 31 Dec 1996 | 19.60B | +20.92% | 4.02B | -15.59B | 3.34 |
| FY1995 | 31 Dec 1995 | 16.21B | -14.43% | 3.68B | -12.53B | 2.81 |
| FY1994 | 31 Dec 1994 | 18.95B | -10.83% | 2.59B | -16.35B | 4.31 |
| FY1993 | 31 Dec 1993 | 21.25B | +31.90% | 1.82B | -19.43B | 4.91 |
| FY1992 | 31 Dec 1992 | 16.11B | +49.51% | 2.81B | -13.30B | 4.30 |
| FY1991 | 31 Dec 1991 | 10.77B | +7.16% | 2.35B | -8.43B | 3.25 |
| FY1990 | 31 Dec 1990 | 10.05B | -12.14% | 3.16B | -6.90B | 3.87 |
| FY1989 | 31 Dec 1989 | 11.44B | — | 2.94B | -8.50B | 4.04 |
| Quarter | Period ending | Total debt | Growth on a year before | Cash and short-term investments | Net cash | Debt to equity |
|---|---|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 79.76B | +27.93% | 176.80B | 97.04B | 1.28 |
| Q2 FY2026 | 30 Jun 2026 | 85.72B | +41.87% | 37.35B | -48.37B | 1.34 |
| Q1 FY2026 | 31 Mar 2026 | 66.67B | +9.79% | 185.32B | 118.66B | 1.05 |
| Q4 FY2025 | 31 Dec 2025 | 57.10B | -7.41% | 50.39B | -6.72B | 0.94 |
| Q3 FY2025 | 30 Sept 2025 | 62.34B | -8.41% | 107.17B | 44.82B | 1.06 |
| Q2 FY2025 | 30 Jun 2025 | 60.42B | -15.36% | 39.63B | -20.80B | 1.05 |
| Q1 FY2025 | 31 Mar 2025 | 60.72B | -16.48% | 48.55B | -12.17B | 1.08 |
| Q4 FY2024 | 31 Dec 2024 | 61.67B | -15.21% | 55.64B | -6.04B | 1.13 |
| Q3 FY2024 | 30 Sept 2024 | 68.07B | +2.87% | 52.88B | -15.19B | 1.22 |
| Q2 FY2024 | 30 Jun 2024 | 71.39B | +9.19% | 51.35B | -20.05B | 1.36 |
| Q1 FY2024 | 31 Mar 2024 | 72.71B | +19.54% | 71.02B | -1.69B | 1.42 |
| Q4 FY2023 | 31 Dec 2023 | 72.74B | +23.89% | 92.51B | 19.77B | 1.42 |
| Q3 FY2023 | 30 Sept 2023 | 66.17B | +21.11% | 52.28B | -13.89B | 1.34 |
| Q2 FY2023 | 30 Jun 2023 | 65.38B | +81.70% | 48.36B | -17.03B | 1.33 |
| Q1 FY2023 | 31 Mar 2023 | 60.82B | +128.90% | 43.51B | -17.31B | 1.24 |
| Q4 FY2022 | 31 Dec 2022 | 58.71B | +77.90% | 78.52B | 19.81B | 1.28 |
| Q3 FY2022 | 30 Sept 2022 | 54.63B | +63.22% | 52.23B | -2.41B | 1.17 |
| Q2 FY2022 | 30 Jun 2022 | 35.98B | +3.36% | 40.65B | 4.66B | 0.76 |
| Q1 FY2022 | 31 Mar 2022 | 26.57B | -19.55% | 59.54B | 32.97B | 0.54 |
| Q4 FY2021 | 31 Dec 2021 | 33.00B | -16.00% | 213.79B | 180.79B | 0.59 |
| Q3 FY2021 | 30 Sept 2021 | 33.47B | -20.52% | 88.28B | 54.81B | 0.59 |
| Q2 FY2021 | 30 Jun 2021 | 34.81B | -25.97% | 84.81B | 50.00B | 0.64 |
| Q1 FY2021 | 31 Mar 2021 | 33.03B | -55.27% | 97.22B | 64.19B | 0.61 |
| Q4 FY2020 | 31 Dec 2020 | 39.29B | -35.14% | 179.55B | 140.26B | 0.73 |
| Q3 FY2020 | 30 Sept 2020 | 42.11B | -31.70% | 82.45B | 40.34B | 0.79 |
| Q2 FY2020 | 30 Jun 2020 | 47.03B | -32.16% | 62.93B | 15.90B | 0.89 |
| Q1 FY2020 | 31 Mar 2020 | 73.85B | +22.80% | 28.30B | -45.55B | 1.50 |
| Q4 FY2019 | 31 Dec 2019 | 60.58B | +4.99% | 97.64B | 37.06B | 1.23 |
| Q3 FY2019 | 30 Sept 2019 | 61.66B | +5.86% | 27.56B | -34.10B | 1.25 |
| Q2 FY2019 | 30 Jun 2019 | 69.32B | +16.48% | 25.57B | -43.74B | 1.40 |
| Q1 FY2019 | 31 Mar 2019 | 60.14B | +3.10% | 85.41B | 25.27B | 1.24 |
| Q4 FY2018 | 31 Dec 2018 | 57.70B | -2.83% | 79.89B | 22.19B | 1.21 |
| Q3 FY2018 | 30 Sept 2018 | 58.24B | +0.67% | 86.36B | 28.11B | 1.24 |
| Q2 FY2018 | 30 Jun 2018 | 59.51B | +4.94% | 87.79B | 28.28B | 1.27 |
| Q1 FY2018 | 31 Mar 2018 | 58.33B | +5.35% | 89.66B | 31.33B | 1.24 |
| Q4 FY2017 | 31 Dec 2017 | 59.39B | +12.03% | 91.46B | 32.08B | 1.25 |
| Q3 FY2017 | 30 Sept 2017 | 57.86B | +11.58% | 86.87B | 29.02B | 1.25 |
| Q2 FY2017 | 30 Jun 2017 | 56.71B | +3.35% | 86.57B | 29.86B | 1.23 |
| Q1 FY2017 | 31 Mar 2017 | 55.37B | +1.67% | 92.32B | 36.95B | 1.21 |
| Q4 FY2016 | 31 Dec 2016 | 53.01B | -6.30% | 90.69B | 37.69B | 1.16 |
| Q3 FY2016 | 30 Sept 2016 | 51.85B | -8.49% | 93.53B | 41.68B | 1.13 |
| Q2 FY2016 | 30 Jun 2016 | 54.87B | -5.84% | 87.83B | 32.96B | 1.20 |
| Q1 FY2016 | 31 Mar 2016 | 54.46B | -4.17% | 90.75B | 36.29B | 1.21 |
| Q4 FY2015 | 31 Dec 2015 | 56.57B | -0.35% | 90.37B | 33.80B | 1.27 |
| Q3 FY2015 | 30 Sept 2015 | 56.66B | +8.29% | 91.72B | 35.06B | 1.26 |
| Q2 FY2015 | 30 Jun 2015 | 58.28B | +18.77% | 86.06B | 27.78B | 1.31 |
| Q1 FY2015 | 31 Mar 2015 | 56.83B | +21.41% | 82.93B | 26.10B | 1.26 |
| Q4 FY2014 | 31 Dec 2014 | 56.77B | +23.13% | 80.37B | 23.61B | 1.27 |
| Q3 FY2014 | 30 Sept 2014 | 52.33B | +29.93% | 30.41B | -21.92B | 1.18 |
| Q2 FY2014 | 30 Jun 2014 | 49.07B | +23.08% | 21.77B | -27.30B | 1.11 |
| Q1 FY2014 | 31 Mar 2014 | 46.81B | +24.33% | 19.60B | -27.21B | 1.08 |
| Q4 FY2013 | 31 Dec 2013 | 46.11B | +12.71% | 64.79B | 18.68B | 1.09 |
| Q3 FY2013 | 30 Sept 2013 | 40.27B | -6.57% | 12.96B | -27.32B | 0.98 |
| Q2 FY2013 | 30 Jun 2013 | 39.86B | -8.76% | 7.85B | -32.02B | 0.99 |
| Q1 FY2013 | 31 Mar 2013 | 37.65B | -11.50% | 5.49B | -32.16B | 0.95 |
| Q4 FY2012 | 31 Dec 2012 | 40.91B | +11.45% | 60.26B | 19.35B | 1.05 |
| Q3 FY2012 | 30 Sept 2012 | 43.10B | +45.26% | 6.61B | -36.50B | 1.11 |
| Q2 FY2012 | 30 Jun 2012 | 43.69B | +24.20% | 8.13B | -35.56B | 1.18 |
| Q1 FY2012 | 31 Mar 2012 | 42.54B | +21.55% | 6.25B | -36.29B | 1.21 |
| Q4 FY2011 | 31 Dec 2011 | 36.70B | -7.05% | 53.84B | 17.14B | 1.08 |
| Q3 FY2011 | 30 Sept 2011 | 29.67B | -15.93% | 6.76B | -22.92B | 0.87 |
| Q2 FY2011 | 30 Jun 2011 | 35.18B | +1.64% | 8.37B | -26.80B | 1.09 |
| Q1 FY2011 | 31 Mar 2011 | 35.00B | -5.03% | 4.75B | -30.25B | 1.12 |
| Q4 FY2010 | 31 Dec 2010 | 39.49B | -23.51% | 62.22B | 22.73B | 1.31 |
| Q3 FY2010 | 30 Sept 2010 | 35.30B | -9.20% | 4.14B | -31.16B | 1.17 |
| Q2 FY2010 | 30 Jun 2010 | 34.61B | -18.32% | 8.59B | -26.02B | 1.22 |
| Q1 FY2010 | 31 Mar 2010 | 36.85B | -20.40% | 4.17B | -32.68B | 1.37 |
| Q4 FY2009 | 31 Dec 2009 | 51.62B | -1.18% | 59.57B | 7.95B | 1.72 |
| Q3 FY2009 | 30 Sept 2009 | 38.87B | +34.52% | 5.48B | -33.39B | 1.34 |
| Q2 FY2009 | 30 Jun 2009 | 42.37B | +42.31% | 14.88B | -27.49B | 1.55 |
| Q1 FY2009 | 31 Mar 2009 | 46.30B | +56.56% | 19.17B | -27.13B | 1.75 |
| Q4 FY2008 | 31 Dec 2008 | 52.24B | +68.89% | 59.47B | 7.23B | 2.05 |
| Q3 FY2008 | 30 Sept 2008 | 28.90B | +14.72% | 3.06B | -25.84B | 2.03 |
| Q2 FY2008 | 30 Jun 2008 | 29.78B | +21.45% | 3.53B | -26.25B | 1.97 |
| Q1 FY2008 | 31 Mar 2008 | 29.57B | +44.56% | 3.93B | -25.64B | 2.05 |
| Q4 FY2007 | 31 Dec 2007 | 30.93B | +105.82% | 34.37B | 3.43B | 2.08 |
| Q3 FY2007 | 30 Sept 2007 | 25.19B | +71.42% | 3.32B | -21.87B | 1.73 |
| Q2 FY2007 | 30 Jun 2007 | 24.52B | +56.64% | 3.18B | -21.34B | 1.69 |
| Q1 FY2007 | 31 Mar 2007 | 20.46B | +24.43% | 3.23B | -17.22B | 1.39 |
| Q4 FY2006 | 31 Dec 2006 | 15.03B | -11.11% | 29.84B | 14.82B | 1.39 |
| Q3 FY2006 | 30 Sept 2006 | 14.70B | -20.02% | 3.02B | -11.68B | 1.37 |
| Q2 FY2006 | 30 Jun 2006 | 15.65B | -14.03% | 3.44B | -12.21B | 1.77 |
| Q1 FY2006 | 31 Mar 2006 | 16.44B | +13.27% | 3.21B | -13.23B | 1.87 |
| Q4 FY2005 | 31 Dec 2005 | 16.91B | +41.32% | 26.77B | 9.86B | 1.97 |
| Q3 FY2005 | 30 Sept 2005 | 18.37B | +42.22% | 3.47B | -14.90B | 2.21 |
| Q2 FY2005 | 30 Jun 2005 | 18.21B | +66.46% | 3.44B | -14.76B | 2.21 |
| Q1 FY2005 | 31 Mar 2005 | 14.51B | +5.77% | 2.91B | -11.61B | 1.92 |
| Q4 FY2004 | 31 Dec 2004 | 11.96B | +4.46% | 3.23B | -8.73B | 1.60 |
| Q3 FY2004 | 30 Sept 2004 | 12.92B | -6.81% | 3.01B | -9.91B | 1.77 |
| Q2 FY2004 | 30 Jun 2004 | 10.94B | +38.39% | 3.07B | -7.87B | 1.55 |
| Q1 FY2004 | 31 Mar 2004 | 13.72B | +46.26% | 2.79B | -10.94B | 1.90 |
| Q4 FY2003 | 31 Dec 2003 | 11.45B | +25.64% | 2.97B | -8.49B | 1.72 |
| Q3 FY2003 | 30 Sept 2003 | 13.86B | +39.37% | 3.61B | -10.25B | 2.09 |
| Q2 FY2003 | 30 Jun 2003 | 7.90B | -24.59% | 3.80B | -4.11B | 1.17 |
| Q1 FY2003 | 31 Mar 2003 | 9.38B | -14.62% | 3.63B | -5.76B | 1.38 |
| Q4 FY2002 | 31 Dec 2002 | 9.12B | -24.60% | 3.20B | -5.92B | 1.33 |
| Q3 FY2002 | 30 Sept 2002 | 9.95B | -23.75% | 3.40B | -6.54B | 1.48 |
| Q2 FY2002 | 30 Jun 2002 | 10.48B | -13.52% | 2.84B | -7.64B | 1.64 |
| Q1 FY2002 | 31 Mar 2002 | 10.99B | -10.51% | 2.79B | -8.20B | 1.84 |
| Q4 FY2001 | 31 Dec 2001 | 12.09B | +3.17% | 4.33B | -7.76B | 2.08 |
| Q3 FY2001 | 30 Sept 2001 | 13.05B | +6.07% | 3.51B | -9.53B | 1.91 |
| Q2 FY2001 | 30 Jun 2001 | 12.12B | -34.79% | 3.66B | -8.46B | 1.80 |
| Q1 FY2001 | 31 Mar 2001 | 12.28B | -32.14% | 3.00B | -9.28B | 1.81 |
| Q4 FY2000 | 31 Dec 2000 | 11.72B | -17.65% | 3.66B | -8.06B | 1.76 |
| Q3 FY2000 | 30 Sept 2000 | 12.30B | -34.92% | 3.11B | -9.19B | 1.93 |
| Q2 FY2000 | 30 Jun 2000 | 18.59B | +0.66% | 3.14B | -15.45B | 3.02 |
| Q1 FY2000 | 31 Mar 2000 | 18.09B | -9.24% | 2.19B | -15.90B | 3.00 |
| Q4 FY1999 | 31 Dec 1999 | 14.23B | -32.07% | 3.08B | -11.15B | 2.39 |
| Q3 FY1999 | 30 Sept 1999 | 18.90B | -5.38% | 2.19B | -16.70B | 3.22 |
| Q2 FY1999 | 30 Jun 1999 | 18.46B | -9.88% | 2.19B | -16.28B | 3.21 |
| Q1 FY1999 | 31 Mar 1999 | 19.94B | +8.49% | 2.32B | -17.61B | 3.36 |
| Q4 FY1998 | 31 Dec 1998 | 20.95B | +6.75% | 2.53B | -18.41B | 3.47 |
| Q3 FY1998 | 30 Sept 1998 | 19.97B | +4.83% | 1.98B | -17.99B | 3.45 |
| Q2 FY1998 | 30 Jun 1998 | 20.49B | +7.46% | 2.09B | -18.39B | 3.64 |
| Q1 FY1998 | 31 Mar 1998 | 18.38B | -0.93% | 2.58B | -15.79B | 3.35 |
| Q4 FY1997 | 31 Dec 1997 | 19.62B | +0.09% | 4.30B | -15.32B | 3.64 |
| Q3 FY1997 | 30 Sept 1997 | 19.05B | +34.69% | 3.46B | -15.59B | 3.48 |
| Q2 FY1997 | 30 Jun 1997 | 19.07B | -1.34% | 3.68B | -15.39B | 3.54 |
| Q1 FY1997 | 31 Mar 1997 | 18.55B | +2.57% | 3.10B | -15.45B | 3.39 |
| Q4 FY1996 | 31 Dec 1996 | 19.60B | +20.92% | 4.02B | -15.59B | 3.34 |
| Q3 FY1996 | 30 Sept 1996 | 14.15B | -36.57% | 3.61B | -10.53B | 2.44 |
| Q2 FY1996 | 30 Jun 1996 | 19.33B | -9.62% | 3.23B | -16.09B | 3.31 |
| Q1 FY1996 | 31 Mar 1996 | 18.08B | -22.65% | 3.25B | -14.83B | 3.13 |
| Q4 FY1995 | 31 Dec 1995 | 16.21B | -14.43% | 3.68B | -12.53B | 2.81 |
| Q3 FY1995 | 30 Sept 1995 | 22.30B | -7.91% | 2.12B | -20.18B | 4.95 |
| Q2 FY1995 | 30 Jun 1995 | 21.38B | -13.92% | 2.61B | -18.77B | 4.82 |
| Q1 FY1995 | 31 Mar 1995 | 23.38B | +6.36% | 2.70B | -20.68B | 5.33 |
| Q4 FY1994 | 31 Dec 1994 | 18.95B | -10.83% | 2.59B | -16.35B | 4.31 |
| Q3 FY1994 | 30 Sept 1994 | 24.21B | +32.15% | 1.94B | -22.28B | 5.45 |
| Q2 FY1994 | 30 Jun 1994 | 24.84B | +39.20% | 1.99B | -22.85B | 5.71 |
| Q1 FY1994 | 31 Mar 1994 | 21.98B | +27.01% | 2.54B | -19.45B | 5.13 |
| Q4 FY1993 | 31 Dec 1993 | 21.25B | +31.90% | 1.82B | -19.43B | 4.91 |
| Q3 FY1993 | 30 Sept 1993 | 18.32B | +29.04% | 1.75B | -16.58B | 4.45 |
| Q2 FY1993 | 30 Jun 1993 | 17.84B | +38.57% | 2.36B | -15.48B | 4.50 |
| Q1 FY1993 | 31 Mar 1993 | 17.31B | +65.54% | 1.76B | -15.55B | 4.49 |
| Q4 FY1992 | 31 Dec 1992 | 16.11B | +49.51% | 2.81B | -13.30B | 4.30 |
| Q3 FY1992 | 30 Sept 1992 | 14.20B | +60.15% | 1.56B | -12.64B | 3.88 |
| Q2 FY1992 | 30 Jun 1992 | 12.88B | +55.63% | 2.01B | -10.87B | 3.68 |
| Q1 FY1992 | 31 Mar 1992 | 10.46B | +25.43% | 1.99B | -8.46B | 3.06 |
| Q4 FY1991 | 31 Dec 1991 | 10.77B | +7.16% | 2.35B | -8.43B | 3.25 |
| Q3 FY1991 | 30 Sept 1991 | 8.87B | -18.17% | 2.33B | -6.53B | 3.14 |
| Q2 FY1991 | 30 Jun 1991 | 8.27B | -35.77% | 2.25B | -6.03B | 3.00 |
| Q1 FY1991 | 31 Mar 1991 | 8.34B | -29.87% | 2.32B | -6.01B | 3.14 |
| Q4 FY1990 | 31 Dec 1990 | 10.05B | -12.14% | 3.16B | -6.90B | 3.87 |
| Q3 FY1990 | 30 Sept 1990 | 10.84B | +7.94% | 2.39B | -8.44B | 3.87 |
| Q2 FY1990 | 30 Jun 1990 | 12.88B | — | 2.45B | -10.43B | 4.62 |
| Q1 FY1990 | 31 Mar 1990 | 11.89B | — | 2.31B | -9.58B | 4.36 |
| Q4 FY1989 | 31 Dec 1989 | 11.44B | — | 2.94B | -8.50B | 4.04 |
| Q3 FY1989 | 30 Sept 1989 | 10.04B | — | 2.67B | -7.37B | 3.49 |
Figures in USD at the end of each period. Net cash is cash and short-term investments less total debt; book value per share is on the diluted share count. The latest column is the most recent quarter.
Total debt counts commercial paper, term debt and lease liabilities.
See also:Revenue,Net income,EPS,Shares outstanding,Operating income,Cash on hand,Free cash flow,Stock buybacks,Balance sheet
Common questions about PNC Financial Services Group's debt
Source: Financial Modeling Prep
