Revenue segments as reported by the company.

Net interest income

Noninterest income

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

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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

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Year over year growth in Revenue and Operating Expenses.

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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.

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RICHMOND, Va.--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised American Dental Partners (ADPI), a portfolio company of JLL Partners (JLL), on its sale to Heartland Dental, a portfolio company of KKR. ADPI is one of the largest dental practice management companies in the United States. The transaction was led by James Clark, Whit Knier, Geoff Smith, Nathan Robertson and Bill Whitaker of the Harris Williams Healthcare &amp

Harris Williams Advises American Dental Partners on its Sale to Heartland Dental

PITTSBURGH, June 16, 2021 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that it expects to issue quarterly earnings releases pre-market open and hold conference calls at the times indicated on the following dates: Fourth Quarter 2021 – Tuesday, Jan. 18, 2022 at 9:30 a.m. (ET) First Quarter 2022 – Thursday, April 14, 2022 at 11:00 a.m.

The PNC Financial Services Group Provides Fourth Quarter 2021 And Quarterly 2022 Earnings Release Dates

RICHMOND, Va.--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised an affiliate of H.I.G. Capital (H.I.G.) on its strategic growth investment in Cleo. Cleo is a next generation cloud-based ecosystem integration platform that brings together end-to-end integration visibility across API, EDI and non-EDI integrations. The transaction was led by Erik Szyndlar, Andy Leed and Priyanka Naithani of the Harris Williams Technology Gro

Harris Williams Advises H.I.G. Capital on its Strategic Growth Investment in Cleo

NEW YORK, June 15, 2021 /PRNewswire/ -- DailyPay, the leader in on-demand pay, has teamed up with PNC Bank and The Clearing House to offer real-time payments over the RTP ®  network, creating the ability to fulfill employee payment needs 24/7/365 with unmatched speed and accuracy.  "We are constantly exploring ways to innovate our industry-leading technology platform and build upon the gold-standard service we provide our client partners and their employees," said Ron Munkittrick, senior vice president, External Operations, DailyPay.

DailyPay, PNC Bank and The Clearing House Team up to Provide Real-time Access to Earned Pay for Millions of American Workers

RICHMOND, Va.--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising Visual Comfort & Co., the premier resource for signature designer lighting, on its pending investment from Goldman Sachs Asset Management and Leonard Green & Partners (LGP). The investment is being made alongside Visual Comfort & Co.'s existing investment partner, AEA Investors LP (AEA). The transaction is being led by Corey Benjamin, John Neu

Harris Williams Advises Visual Comfort & Co. on its Pending Investment from Goldman Sachs Asset Management and Leonard Green & Partners

LONDON & FRANKFURT, Germany--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising Duke Street Private Equity (Duke Street) on its pending acquisition of COMPO Consumer (COMPO), continental Europe's largest producer and distributor of gardening soil, fertilizer, plant protection and lawn seeds, from China-based Kingenta Ecological Engineering Group Co. Ltd. (Kingenta). The transaction is being led by Ed Arkus, Andreas Poth

Harris Williams Advises Duke Street Private Equity on its Pending Acquisition of COMPO Consumer

After around 143% gains since the March 23 lows of the last year, at the current price of $196 per share, we believe PNC Financial Services Stock is trading slightly above its near-term potential. PNC Financial, one of the largest diversified financial services institutions in the United States.

PNC Financial Services Stock Is Fully Valued

Banco Bilbao Vizcaya Argentaria

In a bid to penetrate deeper into the national markets, PNC concludes its merger deal with BBVA USA on Jun 1, 2021.

PNC Closes BBVA USA Merger Deal, Boosts Nationwide Expansion

RICHMOND, Va.--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Network Wireless Solutions (NWS), a full-service distributor of mission-critical materials and logistics solutions to the wireless telecommunications industry, on its sale to Grain Management, LLC (Grain). The transaction was led by Bob Baltimore, Graham Gillam, Maury Nolen and Michael Tuohey of the Harris Williams Specialty Distribution Group. “NWS is recogn

Harris Williams Advises Network Wireless Solutions on its Sale to Grain Management, LLC

PITTSBURGH, June 1, 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 Morgan Stanley Virtual Investor Conference

RICHMOND, Va.--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Qualus Power Services (Qualus), a portfolio company of Mason Wells, on its sale to New Mountain Capital (New Mountain). Qualus is a leading provider of engineering and specialized technical field services to utility and private power grid infrastructure. The transaction was led by Drew Spitzer, Matt White, Ian Thomas, Thomas Saunders and Marshall Wills of the

Harris Williams Advises Qualus Power Services on its Sale to New Mountain Capital

PITTSBURGH, June 1, 2021 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the completion of its acquisition of BBVA USA Bancshares, Inc., including its U.S. banking subsidiary BBVA USA. Through this transaction, PNC is now the fifth largest U.S. commercial banking organization with over $560 billion in assets with a coast-to-coast national franchise that will provide a full range of products and services to retail customers and business clients in 29 of the top 30 largest markets in the country.

PNC Completes Acquisition of BBVA USA

PITTSBURGH, May 20, 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 Bernstein Virtual Conference

RICHMOND, Va.--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Transaction Data Systems (TDS), a portfolio company of GTCR, on its sale to BlackRock Long Term Private Capital (BlackRock LTPC). TDS is a leader in pharmacy software solutions and services. The transaction was led by Sam Hendler, Dan Linsalata, Ryan Costa and Rebecca Evans of the Harris Williams Technology Group and Paul Hepper of the firm's Healthcare &

Harris Williams Advises Transaction Data Systems on its Sale to BlackRock Long Term Private Capital

AECOM

Richard Snow (Trades, Portfolio)'s Snow Capital Management sold shares of the following stocks during the first quarter of 2021, which ended on March 31.

Snow Capital Curbs PNC Financial, Exits AECOM

PNC Financial's (PNC) proposed acquisition of BBVA USA, as part of the bank's efforts to expand presence in international markets receives necessary regulatory approvals.

PNC Financial (PNC) Gets Regulatory Nod for BBVA USA Merger Deal

PITTSBURGH, May 14, 2021 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced receipt of regulatory approval from the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency to complete the previously announced acquisition of BBVA USA Bancshares, Inc., including its U.S. banking subsidiary, BBVA USA. The regulatory approval process also included approvals from the Banking Departments of the States of Alabama and Texas.

PNC Receives Regulatory Approval For Acquisition Of BBVA USA

The U.S. Federal Reserve said on Friday it had approved the acquisition of the U.S. operations of Spanish lender BBVA by PNC Financial Services Group Inc, clearing the way for a deal first announced in November.

Fed approves acquisition of BBVA's U.S. banking arm by PNC

Citigroup

M&T Bank

Investors are gearing up for a potential jump in inflation rates following an unprecedented $6 trillion in U.S. government stimulus spending since the beginning of 2020. An extended period of elevated inflation may be great news for banks as long as inflation rates don't get out of control, according to Bank of America analyst Erika Najarian

3 Top Bank Stock Picks For 'Goldilocks Inflation' Cycle

BankUnited

BancorpSouth Bank

Guaranty Bancshares

Independent Bank

New York Community Bancorp

Webster Financial

Bank M&As shot up in April. Banks like Webster (WBS), BancorpSouth (BXS), New York Community (NYCB), Independent Bank (INDB), Guaranty Bancshares (GNTY), PNC Financial (PNC) & BankUnited (BKU) have either announced acquisitions or are planning to do so.

M&As in Banking Sector Jump in April: Will the Trend Continue?

RICHMOND, Va.--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Two Sigma Impact and Avance Investment Management (Avance) on their investment in Wholesale Supplies Plus (WSP). WSP is a leading e-commerce provider of ingredients and supplies to commercial artisans who create personal care, beauty and home fragrance products. The transaction was led by Kelly McPhilliamy and Beau Pierce of the Harris Williams Consumer Group

Harris Williams Advises Two Sigma Impact and Avance Investment Management on Their Investment in Wholesale Supplies Plus

RICHMOND, Va.--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Velocity Clinical Research (Velocity), a portfolio company of NaviMed Capital (NaviMed), on its sale to Global Healthcare Opportunities, or GHO Capital Partners LLP (GHO). Velocity is a leading integrated site organization for clinical trials. The transaction was led by Paul Hepper, Nick Owens, Lucas Scholl, Katie Bowden and Jonathan Ferrell of the Harris Wil

Harris Williams Advises Velocity Clinical Research on its Sale to GHO Capital Partners LLP

RICHMOND, Va.--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised ADB Companies, LLC and its affiliates (ADB), a leading turnkey provider of telecommunication and utility infrastructure solutions in the United States, on its sale to Warren Equity Partners (Warren Equity). ADB was previously part of the Keeley Companies family of companies. Rusty Keeley, CEO of the Keeley Companies, and Chad Johnson, CEO of ADB, will maintai

Harris Williams Advises ADB Companies, LLC on its Sale to Warren Equity Partners

WASHINGTON--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised CIS Secure Computing, Inc. (CIS), a portfolio company of Acorn Growth Companies (Acorn), on its sale to HKW. CIS is a provider of secure endpoint communications technologies for enduring national security missions of the U.S. government. The transaction was led by Chris Rogers, David Jones, Chris Smith and Elliot Cave of the Harris Williams Aerospace, Defense &a

Harris Williams Advises CIS Secure Computing, Inc. on its Sale to HKW

RICHMOND, Va.--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised ACL Airshop, a global leader in air cargo unit load device (ULD) logistics solutions to over 200 airlines, air cargo carriers and other transportation clients, on its acquisition by Alinda Capital Partners (Alinda). ACL Airshop is a portfolio company of Argosy Private Equity (Argosy), Balance Point Capital (Balance Point), ORIX Private Equity Solutions, Azale

News for PNC Financial Services Stock (PNC)