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PNC (PNC Financial Services Group) Equity-to-Asset : 0.10 (As of Jun. 2024)


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What is PNC Financial Services Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. PNC Financial Services Group's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $52,642 Mil. PNC Financial Services Group's Total Assets for the quarter that ended in Jun. 2024 was $556,519 Mil. Therefore, PNC Financial Services Group's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.10.

The historical rank and industry rank for PNC Financial Services Group's Equity-to-Asset or its related term are showing as below:

PNC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08   Med: 0.12   Max: 0.13
Current: 0.1

During the past 13 years, the highest Equity to Asset Ratio of PNC Financial Services Group was 0.13. The lowest was 0.08. And the median was 0.12.

PNC's Equity-to-Asset is ranked better than
58.24% of 1547 companies
in the Banks industry
Industry Median: 0.1 vs PNC: 0.10

PNC Financial Services Group Equity-to-Asset Historical Data

The historical data trend for PNC Financial Services Group's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PNC Financial Services Group Equity-to-Asset Chart

PNC Financial Services Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.12 0.10 0.08 0.09

PNC Financial Services Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 0.09 0.09 0.10 0.10

Competitive Comparison of PNC Financial Services Group's Equity-to-Asset

For the Banks - Regional subindustry, PNC Financial Services Group's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PNC Financial Services Group's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, PNC Financial Services Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where PNC Financial Services Group's Equity-to-Asset falls into.



PNC Financial Services Group Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

PNC Financial Services Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=51105/561580
=0.09

PNC Financial Services Group's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=52642/556519
=0.09

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


PNC Financial Services Group  (NYSE:PNC) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


PNC Financial Services Group Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of PNC Financial Services Group's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


PNC Financial Services Group Business Description

Traded in Other Exchanges
Address
300 Fifth Avenue, The Tower at PNC Plaza, Pittsburgh, PA, USA, 15222-2401
PNC Financial Services Group is a diversified financial services company offering retail banking, corporate and institutional banking, asset management, and residential mortgage banking across the United States.
Executives
William S Demchak officer: Vice Chairman and CFO THE TOWER AT PNC PLAZA, 300 FIFTH AVENUE, PITTSBURGH PA 15222-2707
Michael P. Lyons officer: Executive Vice President 249 FIFTH AVENUE, 1PNC, PITTSBURGH PA 15222
Richard Kevin Bynum officer: Executive Vice President 7567 GLEN POINTE CT., SPRINGFIELD VA 22153
Michael J Hannon officer: Chief Credit Policy Officer 249 FIFTH AVE, P1-POPP-30-1, PITTSBURGH PA 15222
Guild Deborah officer: Executive Vice President 847 PERSIMMON ROAD, SEWICKLEY PA 15143
Bryan Scott Salesky director 2545 RAILROAD ST, SUITE 400, PITTSBURGH PA 15222
Joseph Alvarado director 705 N. BAR Y ROAD, P.O. BOX 11368, JACKSON WY 83002
Kieran John Fallon officer: Executive Vice President 17160 SPRING CREEK LANE, LEESBURG VA 20176
Overstrom Alexander E. C. officer: Executive Vice President 643 PITCAIRN PLACE, PITTSBURGH PA 15232
Renu Khator director 11 GREENWAY PLAZA, SUITE 2400, HOUSTON TX 77046
Robert A Niblock director 1605 CURTIS BRIDGE ROAD, WILKESBORO NC 28697
Martin Pfinsgraff director 354 KINGSBERRY DRIVE, ANNAPOLIS MD 21409
Karen L. Larrimer officer: Executive Vice President ONE PNC PLAZA, 249 FIFTH AVENUE, PITTSBURGH PA 15222-2707
Ganesh Manapra Krishnan officer: Executive Vice President 6416 INTERLAKEN DR, MCDONALD PA 15057
David L Cohen director