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First Horizon vs Pnc Financial Services: revenue, profit, margins and growth compared

First Horizon brought in $3.4B of revenue in fiscal 2025, Pnc Financial Services $23.1B in fiscal 2025. Revenue changed by +7.2% at First Horizon and +7.2% at Pnc Financial Services on the year before. First Horizon kept 28.7% of its revenue as net profit, Pnc Financial Services 28.5%.

Side by side, latest fiscal year

FHNPNC
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$3.4B$23.1B
Revenue growth+7.2%+7.2%
Net income$982M$6.6B
Net margin28.7%28.5%
Free cash flow$595Mn/a
Free cash flow margin17.4%n/a
Earnings per share (diluted)$1.87$16.59
Cash$1.6B$39.7B
Debtn/a$57.1B
Price to earnings12.613.6
Market value$11.1B$90B
Dividend yield2.56%2.93%
Rank by revenue in sector#114 of 444 · Finance#28 of 444 · Finance

Over the years

Revenue
FHN FY2018: $1.9BFHN FY2019: $1.8BFHN FY2022: $3.2BFHN FY2023: $3.5BFHN FY2024: $3.2BFHN FY2025: $3.4BPNC FY2018: $16.2BPNC FY2019: $16.8BPNC FY2020: $16.9BPNC FY2021: $19.2BPNC FY2022: $21.1BPNC FY2023: $21.5BPNC FY2024: $21.6BPNC FY2025: $23.1BFY18FY19FY20FY21FY22FY23FY24FY25
FHN $3.4BPNC $23.1B
Net income
FHN FY2018: $545MFHN FY2019: $441MFHN FY2020: $845MFHN FY2021: $999MFHN FY2022: $900MFHN FY2023: $897MFHN FY2024: $775MFHN FY2025: $982MPNC FY2018: $4.3BPNC FY2019: $4.3BPNC FY2020: $2.7BPNC FY2021: $5.4BPNC FY2022: $5.7BPNC FY2023: $5.1BPNC FY2024: $5.5BPNC FY2025: $6.6BFY18FY19FY20FY21FY22FY23FY24FY25
FHN $982MPNC $6.6B
Net margin
FHN FY2018: 28.1%FHN FY2019: 24.3%FHN FY2022: 28.1%FHN FY2023: 25.9%FHN FY2024: 24.3%FHN FY2025: 28.7%PNC FY2018: 26.3%PNC FY2019: 25.4%PNC FY2020: 16.1%PNC FY2021: 28.2%PNC FY2022: 27.0%PNC FY2023: 23.9%PNC FY2024: 25.5%PNC FY2025: 28.5%FY18FY19FY20FY21FY22FY23FY24FY25
FHN 28.7%PNC 28.5%
Revenue growth
FHN FY2019: -6.1%FHN FY2023: +8.1%FHN FY2024: -8.0%FHN FY2025: +7.2%PNC FY2019: +4.0%PNC FY2020: +0.4%PNC FY2021: +13.7%PNC FY2022: +9.9%PNC FY2023: +1.8%PNC FY2024: +0.3%PNC FY2025: +7.2%FY19FY20FY21FY22FY23FY24FY25
FHN +7.2%PNC +7.2%
Free cash flow
FHN FY2018: $196MFHN FY2019: $781MFHN FY2020: -$207MFHN FY2021: $688MFHN FY2022: $2.3BFHN FY2023: $1.3BFHN FY2024: $1.2BFHN FY2025: $595MFY18FY19FY20FY21FY22FY23FY24FY25
FHN $595MPNC

Fiscal years as each company reports them; the two may end in different months.

Questions about First Horizon and Pnc Financial Services

Which is bigger by revenue, First Horizon or Pnc Financial Services?

Pnc Financial Services is bigger by revenue: $23.1B in fiscal 2025, against $3.4B for First Horizon in fiscal 2025.

Which keeps more of its revenue as profit, First Horizon or Pnc Financial Services?

First Horizon had a net margin of 28.7% in fiscal 2025; Pnc Financial Services had 28.5% in fiscal 2025.

Which grew revenue faster, First Horizon or Pnc Financial Services?

In their latest fiscal years revenue changed by +7.2% at First Horizon and +7.2% at Pnc Financial Services.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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