Revenue segments as reported by the company.

Net interest income

Noninterest income

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Provision For (Recapture of) Credit Losses

Noninterest Expense

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

PNC Financial Services

PNC owns 22% of BlackRock, the largest asset management firm in the world by assets under management. This ownership interest had a market value of $17.9 billion as of December 31, 2017.

BlackRock

Citizens National Bank was founded on July 11, 1890 in Laurel, Maryland as Citizens National Bank of Laurel.The bank's founder and first president was Charles H. Stanley. On April 1, 1965, it was renamed to Citizens National Bank after merging with The Central Bank of Howard County. On September 15, 2007, Citizens National was acquired by PNC Bank, National Association.

Citizens National Bank

The PNC Financial Services Group, Inc. is a holding company, which engages in the provision of financial services. It operates through the following segments: Retail Banking, Corporate and Institutional Banking, Asset Management Group, and Other. The Retail Banking segment offers deposit, lending, brokerage, investment management, and cash management products and services to consumer and small business customers. The Corporate and Institutional segment covers the lending, treasury management, and capital markets-related products and services to mid-sized and large corporations, government, and not-for-profit entities. The Asset Management Group segment includes personal wealth management for high net worth and ultra-high net worth clients and institutional asset management. The company was founded in 1983 and is headquartered in Pittsburgh, PA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

PNC Financial Services posts solid Q4 results amid economic uncertainties

PNC Financial Services delivered strong financial results in Q4 2022, driven by solid loan growth and capital management initiatives.
While facing challenges related to potential economic downturn and expense management, the company remains well-positioned with a focus on customer relationships.
Opportunities for growth lie in expanding loan and revenue streams, optimizing asset management strategies, and enhancing operational efficiency.
Overall, PNC's performance reflects resilience amidst economic uncertainties, with a strategic focus on capital strength and customer-centric operations.

PNC Financial Services reports robust Q1 earnings amidst industry shifts

PNC Financial Services Group's Q1 performance reflects strength in earnings, balance sheet stability, and strategic execution.
While facing challenges such as softened loan demand and disruptions in certain business segments, PNC remains proactive in risk management.
Opportunities lie in leveraging market changes, growing market share, and maintaining regulatory compliance for sustained success.
Investors can find confidence in PNC's solid credit quality, capital management, and focus on long-term growth strategies.

PNC Financial Services reports solid Q2 earnings amidst M&A challenges

PNC Financial Services delivered a strong Q2 performance with a focus on expense control and credit quality. Challenges include declining net interest income and hurdles to M&A expansion. Opportunities exist in noninterest income growth and prudent expense management.

PNC Financial Services reports robust Q3 results amid economic uncertainties

PNC Financial Services Group's Q3 2023 performance showcased strong financial results, robust credit quality, and strategic expense management amidst economic uncertainties.
While facing challenges such as declining loan balances and net interest margin, the company remains focused on capital strengthening, customer-centric initiatives, and operational efficiency.
Opportunities in stable fee income, technological advancements, and market expansion present avenues for growth and profitability in the evolving financial landscape.

PNC Financial Services reports solid Q4 performance and eyes growth opportunities

PNC's Q4 performance was strong with a focus on expense control.
Challenges include credit charge-offs and declining revenue expectations.
Opportunities lie in commercial loan growth and fee income expansion.
Overall, PNC is well-positioned for growth despite regulatory uncertainties.

PNC Financial Services reports solid Q1 earnings amidst industry consolidation concerns

PNC's Q1 performance reflects financial stability and strategic investments, supported by strong liquidity and capital reserves. While challenges in commercial real estate and industry consolidation loom, opportunities in fee-based businesses and asset repositioning offer growth potential.

PNC Financial Services reports robust Q2 earnings and strategic growth

PNC Financial Services Group excelled in Q2 2024, balancing growth and capital management effectively.
While facing expected challenges in the credit environment, the company capitalized on opportunities for future growth.
Strengthened financial metrics and shareholder returns position PNC well for continued success.
Strategic initiatives like the new credit card and capital deployment enhance value for stakeholders.

PNC Financial Services reports robust Q3 earnings and eyes organic growth opportunities

PNC Financial Services Group's Q3 2024 performance reflects strength in earnings, operating leverage, and balance sheet metrics.
While facing challenges in loan growth and deposit pricing, the company remains optimistic about organic growth opportunities.
Strategic focus on credit quality, capital strength, and future growth investments positions PNC well for the medium term.
Management's cautious approach to loan growth and market conditions guide the company's strategic decisions for sustainable growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Citizens Financial Group

Fifth Third Bancorp

JPMorgan Chase & Co

Zions Bancorp

Proposed stringent rules that aim to further strengthen the banking industry's resilience are likely to put pressure on margins of banks like PNC Financial (PNC), Citizens Financial (CFG), Zions (ZION), Fifth Third Bancorp (FITB) and JPMorgan (JPM).

U.S. Regional Banks May Face Tougher Regulatory Provisions

Capital One

First Republic Bank

Moody's

M&T Bank

Regions Financial

S&P Global

Truist Financial

The failure of three large midsize banks in 2023 has regulators watching closely for signs of further risk to the banking system. A key concern is making sure the largest of this group are well capitalized enough to make all depositors whole in a failure scenario.

These Banks Are About to Face (Another) Profit Headwind: What It Means for Investors

90% of employees surveyed say they are negatively affected by inflation 87% of employees worry about personal finances on the job 75% of employers surveyed say workers' financial stress negatively affects business 96% of employers say financial wellness benefits contribute to employee retention PITTSBURGH , Aug. 24, 2023 /PRNewswire/ -- PNC Bank today released findings from its inaugural Financial Wellness in the Workplace Report 2023: What Employees Want (and Need), which summarizes survey data and in-depth interviews from a field of approximately 1,000 full-time workers from companies with more than 100 employees, and 500 employers from companies with $5 million or more in annual revenue, as part of a broader study to better understand the financial health perspectives of today's workforce. Key survey findings show that the majority of employees are stressed about their finances.

New PNC Bank Survey of Employers, Employees Finds U.S. Business Productivity is Unexpected Casualty of Inflation

PNC Financial (PNC) agrees to sell its Latin American consumer brokerage and investment accounts to Insigneo.

PNC Financial (PNC) to Sell Latin American Accounts to Insigneo

Bank of Nova Scotia

Crown Castle International

Comerica

Columbia Banking System

Dow Inc

Foot Locker

International Paper

KeyCorp

Kohl's

Leggett & Platt

Prudential Financial

Simon Property Group

Suncor Energy

TC Energy

Walgreens

Bonds will do well if U.S. interest rates decline in coming months. What you may not appreciate is that dividend-paying stocks are likely to do even better.

These 20 dividend-paying stocks get a double boost from declining interest rates

PNC Financial (PNC) launches PNC Asset Exchange, an online loan resource and marketplace, expanding its capital market capabilities. The platform is powered by Community Capital.

PNC Financial (PNC) Opens Online Loan Room PNC Asset Exchange

Exclusive online loan marketplace, powered by Community Capital, will expand client loan market access and liquidity management PITTSBURGH , Aug. 16, 2023 /PRNewswire/ -- PNC FIG Advisory, part of PNC Capital Markets LLC, today announced an expansion to its client offerings through the introduction of PNC Asset Exchange, an online loan resource and marketplace for financial institutions. PNC Asset Exchange is powered by Community Capital Technology Inc.'s ("Community Capital") loan marketplace and business intelligence platform and will provide PNC's financial institution clients with a more efficient, effective way to optimize their loan portfolios.

PNC Capital Markets Launches PNC Asset Exchange to Help Financial Institution Clients Optimize Loan Portfolios

East West Bancorp

New York Community Bancorp

U.S. Bancorp

After Moody's cut credit ratings, regional banks are feeling the heat again. However, some smart analysts think there are select bargains in the trash bin.

6 Beaten-Up Regional Bank Stocks Ready For A Rebound

Bank of America

Citigroup

Wells Fargo

They assured us after the failure of Silicon Valley Bank, First Republic and Signature Bank that all was well, that the banking system was totally secure and in no danger of further failures.

Moody's Slashes Ratings on Top US Banks: 5 ‘Strong Buy' Dividend Giants Are the Only Safe Plays Now

SPDR S&P Regional Banking ETF

Webster Financial

The SPDR S&P Regional Banking ETF (KRE) fell by more than 3% and was on track for its worst day since May 4.

Regional bank shares under fire again after credit downgrade, head for worst day in three months

State Street

Shares of the 15 largest American banks each fell 2% or more after Moody's issued a chilly update on the closely-watched sector.

Banks' Near $50 Billion Stock Losses Set Up Market For Among Worst Days Of 2023

If you're exploring dividend stocks, you can adopt various strategies. You might seek out high-yield stocks, or those with consistent payouts and robust financial conditions, or companies with a track record of boosting dividends.

Citigroup, Wells Fargo, PNC: Undervalued Dividend Growers

Banking stocks face risky macroeconomic conditions. The United States recently upped its plans to borrow more money, a move that resulted in soaring treasury yields.

3 Bank Stocks You'll Regret Not Buying Soon

Bank of New York Mellon

First Horizon National

Goldman Sachs

Huntington Bancshares

Morgan Stanley

Northern Trust

Western Alliance Bancorporation

Bank fundamentals were challenged but results were better than worst-case fears as higher interest rates boosted bank loan yields, Jefferies analyst Ken Usdin said Thursday in the firm's summary of second-quarter profits for the 36 large and mid-sized banks in its coverage universe.

JPMorgan, Goldman and Morgan Stanley win praise in Jefferies Q2 bank earnings wrap

PITTSBURGH , July 26, 2023 /PRNewswire/ -- PNC Bank, N.A., announced an increase in its prime lending rate.

PNC BANK, N.A. CHANGES PRIME RATE

HSBC Holdings

As Q2 earnings reports roll in, it becomes clear that certain banks stand out as beacons of performance, capturing investors' attention. The article explores three leading banks' impressive financial performance, strategic investments and forward-looking approaches.

3 Banks Worth a Spot on Your Buy List Following Q2 Earnings

Cummins

HF Sinclair Corp

Digital Realty Trust

EOG Resources

Ethan Allen Interiors

Eaton

General Motors

MetLife

Nutrien

Bank OZK

During the first five months of 2023, there were investors who had difficulty believing in a sustained stock-market rally because the action was dominated by the largest technology companies. But the breadth of participation in the rally has expanded since then.

15 value-stock picks for momentum investors from a money manager who has outperformed the S&P 500 for 30 years

PNC Financial is trading higher following the Q2 earnings release, but the share price performance is lagging the broader regional index. As one of the first major regionals to report, PNC turned in promising data surrounding deposits and credit quality. Though guidance was lowered, I don't believe this will be isolated to PNC.

Is PNC Stock A Buy Following Q2 Earnings? Deposit Resiliency Keeps Shares Attractive

PNC Financial Services Group, Inc. (NYSE:PNC ) Q2 2023 Earnings Conference Call July 18, 2023 11:00 AM ET Company Participants Bryan Gill - Head, IR Bill Demchak - Chairman, President and CEO Robert Reilly - Executive Vice President and CFO Conference Call Participants John Pancari - Evercore ISI David George - Robert W. Baird Erika Najarian - UBS Scott Siefers - Piper Sandler Michael Mayo - Wells Fargo Betsy Graseck - Morgan Stanley Ebrahim Poonawala - Bank of America Bryan Gill Good morning, and welcome to today's conference call for the PNC Financial Services Group.

PNC Financial Services Group, Inc. (PNC) Q2 2023 Earnings Call Transcript

An increase in NII supported by higher rates aid PNC Financial's (PNC) Q2 earnings. However, increasing expenses and higher provisions are headwinds.

PNC Financial (PNC) Stock Down Despite Q2 Earnings Beat

Although the revenue and EPS for The PNC Financial Services Group, Inc (PNC) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

The PNC Financial Services Group, Inc (PNC) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

PNC Financial Services (NYSE:PNC) has reported second-quarter results that beat market expectations but trimmed forecasts for its 2023 net interest income.  The Pittsburgh-based bank posted a 3.5% rise in revenue to $5.29 billion for the three months to June 30, 2023, supported by a 15% year-over-year increase in net interest income to $3.5 billion.

PNC beats 2Q earnings forecast but shares fall on lower interest income outlook

News for PNC Financial Services Stock (PNC)