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

Goldman Sachs

Financial stocks have not disappointed in kicking off earnings and JB Hunt earnings provides new economic insights.

Goldman Sachs, PNC, And Truist Lead Another Group Of Financial Earnings Announcements

PITTSBURGH, Oct. 15, 2021 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported: For the quarter In millions, except per share data and as noted 3Q21 2Q21 3Q20 Third Quarter Highlights ▪  Converted BBVA USA customers, employees, systems and branches as of October 12, 2021 – Third quarter results reflect full quarter benefit from BBVA USA – Second quarter results include one month impact of BBVA USA which closed on June 1, 2021 ▪  Diluted EPS as adjusted was $3.75, excluding $243 million of pre-tax integration costs related to BBVA USA ▪  Revenue increased 11% linked quarter driven by the full quarter benefit of BBVA USA and strong fee income growth ▪  Expenses increased 18% linked quarter. PNC legacy expenses increased 3% linked quarter, reflecting increased business activity ▪  Provision recapture of $203 million, reflecting improved credit quality and changes in portfolio composition ▪  Average loans and deposits increased 14% and 13%, respectively, linked quarter due to the full quarter benefit of BBVA USA ▪  Strong credit performance; net loan charge-offs of $81 million, decreased $225 million linked quarter Financial Results Revenue $ 5,197 $ 4,667 $ 4,281 Noninterest expense 3,587 3,050 2,531 Pretax, pre-provision earnings (non-GAAP) 1,610 1,617 1,750 Integration costs 243 111 — Pretax, pre-provision earnings excluding integration costs (non-GAAP) 1,853 1,728 — Provision for (recapture of) credit losses (203) 302 52 Net income 1,490 1,103 1,532 Per Common Share Diluted earnings - as reported $ 3.30 $ 2.43 $ 3.39 Impact from integration costs (non-GAAP) (0.45) (0.21) — Diluted earnings - as adjusted (non-GAAP) 3.75 2.64 — Book value 121.16 120.25 117.44 Tangible book value (non-GAAP) 94.82 93.83 95.71 Balance Sheet & Credit Quality Average loans (in billions) $ 291.3 $ 255.6 $ 253.1 Average deposits (in billions) 454.4 401.7 350.5 Net loan charge-offs 81 306 155 Allowance for credit losses to total loans 2.07 % 2.16 % 2.58 % Selected Ratios Return on average common equity 10.95 % 8.32 % 11.76 % Return on average assets 1.06 0.88 1.32 Net interest margin (non-GAAP) 2.27 2.29 2.39 Noninterest income to total revenue 45 45 42 Efficiency 69 65 59 Efficiency excluding integration costs (non-GAAP) 64 63 — Common Equity Tier 1 capital ratio 10.2 10.1 11.7 Diluted earnings as adjusted is a non-GAAP measure calculated by excluding post-tax integration costs for BBVA USA.

PNC Reports Third Quarter 2021 Net Income Of $1.5 Billion, $3.30 Diluted EPS Or $3.75 As Adjusted

RICHMOND, Va.--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A advisory services, announces it is serving as lead financial advisor to Vantage Elevator Solutions (Vantage), a portfolio company of Golden Gate Capital, on its pending majority sale to Ontario Teachers' Pension Plan Board (Ontario Teachers'). As part of the transaction, Vantage's current owner, Golden Gate Capital, will retain a significant minority ownership stake in the company. Vantage is a lea

Harris Williams Advises Vantage Elevator Solutions on its Pending Majority Sale to Ontario Teachers' Pension Plan Board

The shares of PNC Financial Services Group, Inc. (NYSE: PNC) are down 0.7% at $201.80 at last check, cooling down from a recent Oct. 11, all-time high of $204.93.

PNC Stock Nabs Fresh All-Time High Ahead of Earnings

PITTSBURGH, Oct. 12, 2021 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced it has completed the conversion of 2.6 million customers, 9,000 employees and nearly 600 branches across seven states from BBVA USA to PNC Bank. Experience the interactive Multichannel News Release here: https://www.multivu.com/players/English/8967151-pnc-achieves-national-expansion-with-conversion-bbva-usa/ The simultaneous conversion of BBVA USA customers and employees to PNC's network and platforms was completed, and BBVA USA branches in Texas, Alabama, Arizona, California, Florida, Colorado and New Mexico reopened October 12, as PNC Bank locations.

PNC Achieves National Expansion With Conversion Of BBVA USA

PNC Financial's (PNC) Q3 earnings are likely to reflect the impact of the low-rate environment and decreased net interest income.

What's in the Offing for PNC Financial's (PNC) Q3 Earnings?

RICHMOND, Va.--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising DDW The Color House (DDW), a global privately held company specializing in natural color solutions for the food and beverage industry, on its pending sale to Givaudan, a global leader in fragrances and flavors. The transaction is being led by Tim Alexander, Brant Cash, Andy Warczak and David Stead of the Harris Williams Consumer Group. “DDW is a pioneer i

Harris Williams Advises DDW The Color House on its Pending Sale to Givaudan

Bank of America

JPMorgan Chase & Co

UnitedHealth Group

U.S. Bancorp

Five corporate bigwigs are slated to release third-quarter earnings results this week. These are: JPM, BAC, PNC, USB and UNH.

5 Large-Cap Stocks Likely to Gain From Q3 Earnings This Week

The PNC Financial Services Group, Inc (PNC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

The PNC Financial Services Group, Inc (PNC) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

PNC Financial (PNC) collaborates with Akoya to enhance security of data for customers transacting with Fintech applications.

PNC Financial (PNC) Teams Up With Akoya for Financial Data Security

Over the next few quarters, PNC's tangible book value growth rate is likely to prove superior to peers. Core profitability looks likely to improve off current levels.

PNC Financial: Solid Operations Provide A Compelling Entry Point

PITTSBURGH, Sept. 30, 2021 /PRNewswire/ -- PNC Bank and Akoya LLC today announced the bank's integration with the Akoya Data Access Network.

PNC Launches Akoya Solution To Increase The Security Of Connections For Consumers To Safely Transact With Financial Apps

Boyd Gaming

Salesforce

Danaher

Bet big on the concept positive earnings surprise rather than earnings growth through these 5 stocks.

Looking for Earnings Suprise? Play These 5 Stocks

RICHMOND, Va.--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Summit Interconnect, Inc. (Summit), a portfolio company of HCI Equity Partners (HCI), on its sale to affiliates of Lindsay Goldberg. Summit is a leading provider of complex printed circuit boards focused on defense, space and high-performance commercial sectors in the North American market. The transaction was led by Chris Rogers, Chris Smith, Evan Clark and

Harris Williams Advises Summit Interconnect, Inc. on its Sale to Affiliates of Lindsay Goldberg

PITTSBURGH, Sept. 27, 2021 /PRNewswire/ -- Business owners are feeling optimistic about the near-term future of their businesses amid increasing vaccination rates, and those who report that more than three-quarters of their workforce has been vaccinated are the most positive about their business outlook.

Small Business Optimism Hits Record High, Gaining Momentum From Vaccines And Adapted Pandemic Operations, PNC Survey Shows

RICHMOND, Va.--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Hunt Valve Company (Hunt Valve), a portfolio company of May River Capital, on its sale to Fairbanks Morse Defense (Fairbanks Morse), a portfolio company of Arcline Investment Management (Arcline). Hunt Valve designs and manufactures complex valves and electromechanical actuators that support critical system functions onboard key U.S. Navy platforms. The trans

Harris Williams Advises Hunt Valve Company on its Sale to Fairbanks Morse Defense

PITTSBURGH, Sept. 14, 2021 /PRNewswire/ -- PNC Bank announced today the launch of Project 257 ℠ : Accelerating Women's Financial Equality, an initiative designed to help close the 257-year economic gender gap and expand on PNC's decades-long track record of supporting female financial decision makers.

PNC Bank Launches Project 257: Accelerating Women's Financial Equality

Citigroup

Low rates and soft loan demand hurt major regional banks. Yet, business restructuring, digitization, and solid asset quality offer support.

4 Major Regional Bank Stocks to Watch in a Prospering Industry

PITTSBURGH, Sept. 8, 2021 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced that Amanda Rosseter has joined the company as chief communications officer.

PNC Announces Amanda Rosseter As Chief Communications Officer

RICHMOND, Va.--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Deacom, Inc. (Deacom) on its sale to ECI Software Solutions (ECI), a portfolio company of Leonard Green & Partners, L.P. (LGP) and funds advised by Apax Partners LLP (Apax). Deacom is a leading cloud-based enterprise resource planning (ERP) software provider for process manufacturers and distribution companies. The transaction was led by the Harris Willia

Harris Williams Advises Deacom on its Sale to ECI Software Solutions

RICHMOND, Va.--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Tecta America Corporation (Tecta America), a portfolio company of Altas Partners (Altas), on its minority investment from Leonard Green & Partners (LGP). Altas is retaining majority ownership in the company. Tecta America is a national leader in commercial roofing services in the U.S. The transaction was led by Bob Baltimore, Brian Lucas, Taylor Morris an

Harris Williams Advises Tecta America Corporation on its Minority Investment from Leonard Green & Partners

RICHMOND, Va.--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising SavATree, a portfolio company of CI Capital Partners LLC (CI Capital), on its pending sale to funds advised by Apax (the Apax Funds). SavATree is a leading professional tree, shrub and lawn care provider. The transaction is being led by Brent Spiller and Zach Ledwith of the Harris Williams Consumer Group and Brian Lucas, Bryce Walker and Sam Funkhouser of

Harris Williams Advises SavATree on its Pending Sale to the Apax Funds

PITTSBURGH, Aug. 31, 2021 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chairman, President and Chief Executive Officer William S. Demchak and Executive Vice President and Chief Financial Officer Robert Q.

PNC Executives To Speak At Barclays Global Financial Services Virtual Conference

RICHMOND, Va.--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised ResMan, a portfolio company of Mainsail Partners (Mainsail), on its sale to Inhabit IQ. ResMan is a leading end-to-end, SaaS-based solutions provider to property management companies across the conventional multi-family, affordable housing and commercial end markets in the U.S. The transaction was led by the Harris Williams Technology Group. “ResMan's fully-i

Harris Williams Advises ResMan on its Sale to Inhabit IQ

PNC Financial Services Group Inc. PNC, +1.84% said Monday it will raise its minimum wage to $18 an hour, starting Nov. 22, about three years after it raised it to $15 an hour. PNC's stock was still inactive in premarket trading.

News for PNC Financial Services Stock (PNC)