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

PITTSBURGH, April 27, 2021 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced a Community Benefits Plan to provide $88 billion in loans, investments, and other financial support to bolster economic opportunity for low- and moderate-income (LMI) individuals and communities, people and communities of color, and other underserved individuals and communities over a four-year period beginning Jan. 1, 2022. The Plan – developed in connection with the anticipated regulatory approval and closing of PNC's pending acquisition of BBVA USA Bancshares, Inc., including its U.S. banking subsidiary, BBVA USA – covers the geographies currently served by PNC and the new geographies PNC will expand into through the BBVA USA acquisition.

PNC Announces $88 Billion Community Benefits Plan

This bank is guiding for lower average loan balances in 2021 and is not expecting the type of loan growth other CEOs have been optimistic about.

Will There Be Loan Growth in 2021? Not According to This Bank CEO

Banks like PNC Financial (PNC), BNY Mellon (BK), KeyCorp (KEY), Comerica (CMA) & Fifth Third (FITB) outpace Q1 estimates on robust fee income growth and reserve releases.

Bank Stock Roundup: PNC, BK, KEY, CMA & FITB in Focus on Q1 Earnings Beat

LONDON--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A advisory services, announces the sale of Corsearch, a portfolio company of Audax Private Equity (Audax), to Astorg. Corsearch's innovative brand risk and performance solutions provide an end-to-end brand establishment and brand protection offering to corporations and law firms around the world. The transaction, led by Thierry Monjauze, Julien Oussadon, Mathew Tsui and Luke Clifford of the Harris Williams

Harris Williams Advises Corsearch on Its Sale to Astorg

The PNC Financial Services Group, Inc. (PNC) CEO Bill Demchak on Q1 2021 Results - Earnings Call Transcript

PNC Financial Services Group released its first-quarter earnings report Friday (April 16), showing an increase in retail banking along with an overall net income of $1.8 billion. “PNC had a solid start to 2021,” Chairman, President and CEO Bill Demchak said in a statement, pointing to a growth in revenue, improved credit metrics and record […]

Retail Banking Earnings Increase For PNC, Report Shows

PNC Financial Services Group Inc. (NYSE: PNC) said on Friday that it topped analysts' estimates for earnings and revenue in the fiscal first quarter. PNC Financial shares were reported about 1.5% up in premarket trading on Friday and gained another 1% on market open.

PNC Financial reports a 3% annualised decline in its first-quarter revenue

PNC Financial's (PNC) Q1 performance highlights strong capital position, higher fee income and lower provisions.

PNC Financial (PNC) Q1 Earnings Beat on Decline in Provisions

The PNC Financial Services Group, Inc (PNC) delivered earnings and revenue surprises of 49.09% and 2.24%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

The PNC Financial Services Group, Inc (PNC) Surpasses Q1 Earnings and Revenue Estimates

Shares of PNC Financial Services Gr (NYSE:PNC) rose 0.1% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share increased 110.26% year over year to $4.10, which beat the estimate of $2.75.

PNC Financial Services: Q1 Earnings Insights

PITTSBURGH, April 16, 2021 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported: For the quarter In millions, except per share data and as noted 1Q21 4Q20 1Q20 First Quarter Highlights Financial Results   ▪  5% linked quarter positive operating leverage, driven by modest revenue growth and lower expenses  ▪  Significant provision recapture reflecting improved macroeconomic expectations  ▪  NIM contracted 5 basis points linked quarter, reflecting the impact of higher balances held at the Federal Reserve  ▪  Average loans declined 3% linked quarter primarily due to lower utilization and originations ▪  Average deposits grew 2% on a linked quarter basis – Loan to deposit ratio of 63%  ▪  Record capital and liquidity   ▪  Improving credit performance; net charge-offs to average loans of 0.25%  ▪  BBVA USA acquisition planning on track. Continue to expect a mid-2021 close Revenue $ 4,220 $ 4,208 $ 4,336 Noninterest expense 2,574 2,708 2,543 Pretax, pre-provision earnings (non-GAAP) 1,646 1,500 1,793 Provision for (recapture of) credit losses (551) (254) 914 Net income from continuing operations 1,826 1,456 759 Per Common Share Diluted EPS from continuing operations $ 4.10 $ 3.26 $ 1.59 Book value 118.47 119.11 106.70 Tangible book value (non-GAAP) 96.57 97.43 84.93 Balance Sheet & Credit Quality Average loans (in billions) $ 238.1 $ 245.8 $ 243.6 Average deposits (in billions) 365.4 359.4 289.7 Net loan charge-offs 146 229 212 Allowance for credit losses to total loans 2.20 % 2.46 % 1.66 % Selected Ratios Return on average common equity 14.31 % 11.16 % 7.51 % Return on average assets 1.58 1.24 0.89 Net interest margin (non-GAAP) 2.27 2.32 2.84 Noninterest income to total revenue 44 42 42 Efficiency 61 64 59 Common Equity Tier 1 capital ratio 12.6 12.2 9.4 See non-GAAP financial measures included in the consolidated financial highlights accompanying this news release.

PNC Reports First Quarter 2021 Net Income Of $1.8 Billion, $4.10 Diluted EPS

PNC Financial's (PNC) Q1 earnings are expected to have gained from cost-control efforts and strong equity markets, offset by lower interest rates.

Will Fee Income Growth Aid PNC Financial (PNC) Q1 Earnings?

Bank of America

Citigroup

Goldman Sachs

JPMorgan Chase & Co

The big banks are no longer market laggards as many have broken out to new 5-year highs.

5 Red-Hot Big Bank Earnings Charts

PNC Financial Services Group Inc. said Tuesday that it will start giving users of its "virtual wallet" offering at least a day to handle overdrafts before the company begins charging fees. The bank will alert customers of negative balances and give them "often more" than a day to address them, which the company said in a release could help customers avoid $125 million to $150 million in overdraft fees each year.

PNC to delay overdraft fees for at least a day with 'virtual wallet' customers

PITTSBURGH, April 13, 2021 /PRNewswire/ -- Addressing the $17 billion that some studies estimate U.S. consumers pay each year in overdraft fees, The PNC Financial Services Group, Inc. (NYSE: PNC) today announced its groundbreaking new Low Cash Mode℠ digital offering that is expected to help Virtual Wallet® customers avoid overdraft fees through unprecedented account transparency and control to manage through low-cash moments or mis-timed payments. "Low Cash Mode gives our customers the ability to avoid unnecessary overdraft fees.

PNC Launches Low Cash Mode(SM) To Address $17 Billion In Industry Overdraft Fees

Ally Financial

Signature Bank

Truist Financial

Wells Fargo

April marks the beginning of earnings season, and banks have many reasons for optimism. Here are seven bank stocks that have potential upside.

7 Bank Stocks to Watch as Q1 Earnings Kick Off

RICHMOND, Va.--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised DSI Logistics, a portfolio company of Headhaul Capital Partners LLC (Headhaul Capital) and Argosy Private Equity (Argosy), on its sale to Pilot Freight Services (Pilot), a portfolio company of ATL Partners (ATL) and British Columbia Investment Corporation (BCI). DSI Logistics is a premier provider of final-mile delivery services. The transaction was led by Ja

Harris Williams Advises DSI Logistics on its Sale to Pilot Freight Services

RICHMOND, Va.--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised AIT Worldwide Logistics (AIT), a portfolio company of Quad-C Management (Quad-C), on its sale to The Jordan Company (TJC) in a recapitalization valued at over $1.2 billion. AIT President and CEO Vaughn Moore and his senior team will continue to lead the business and will remain significant investors in AIT. AIT is a leading non-asset-based global freight forw

Harris Williams Advises AIT Worldwide Logistics on its Recapitalization by The Jordan Company

PNC Financial Services Group has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.6% yield

Why PNC Financial Services Group Is A Top Socially Responsible Dividend Stock

PITTSBURGH, April 1, 2021 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of $1.15 per share. The dividend will be payable May 5, 2021, to shareholders of record at the close of business April 16, 2021.

PNC Declares Dividend Of $1.15 On Common Stock

LONDON--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising Opus 2, a portfolio company of Five Arrows Principal Investments (FAPI), on its pending acquisition by Astorg Partners (Astorg). Opus 2 is a leading provider of integrated software and services for the global legal disputes market. The transaction is being led by Thierry Monjauze, Julien Oussadon and Mathew Tsui of the Harris Williams Technology Group and John L

Harris Williams Advises Opus 2 on its Pending Sale to Astorg Partners

PITTSBURGH, March 30, 2021 /PRNewswire/ -- PNC Bank, N.A. is pleased to announce it is the first bank to offer two products that meet the Cities for Financial Empowerment Fund (CFE Fund)'s Bank On national certification.

PNC First Bank To Offer Two Bank On Certified Accounts

Is The PNC Financial Services (PNC) a great pick from the value investor's perspective right now? Read on to know more.

Is The PNC Financial Services (PNC) a Great Stock for Value Investors?

RICHMOND, Va.--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Learn on Demand Systems on its investment from Shamrock Capital (Shamrock). The transaction was led by Derek Lewis and Bryce Walker of the Harris Williams Business Services Group and Andy Leed of the firm's Technology Group. Learn on Demand Systems is a leading provider of cloud-based virtual lab environments, content, and tools that enable organizations to c

Harris Williams Advises Learn on Demand Systems on its Investment from Shamrock Capital

PITTSBURGH, March 19, 2021 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the redemption on March 30, 2021, of all of the outstanding Senior Notes due April 29, 2021, issued by PNC Bank, National Association in the amount of $1,250,000,000 (CUSIP 69353REW4). The securities have a distribution rate of 2.150 percent and an original scheduled maturity date of April 29, 2021.

News for PNC Financial Services Stock (PNC)