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

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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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Banco Bilbao Vizcaya Argentaria

Continuing with its target to build national presence, PNC Financial (PNC) agrees to acquire Banco Bilbao's (BBVA) BBVA USA Bancshares.

PNC Financial (PNC) Signs Deal to Buy BBVA USA Bancshares

PNC Financial has agreed to buy the US operations of Spain's second-largest lender for nearly $12 billion, the companies announced on Monday. The deal, which would create a bank with over $550 billion in assets, is among the largest financial tie-ups since the financial crisis of 2008/2009.

PNC strikes deal to buy US operations of Spain's BBVA in a deal valued at nearly $12 billion

PNC is spending billions to cement its place among America's largest banks.

PNC is buying US business of Spain's BBVA for $11.6 billion

PNC Financial Services Group Inc (NYSE: PNC) is in advanced discussions to absorb Spanish bank Banco Bilbao Vizcaya Argentaria SA's (NYSE: BBVA) U.S. business in an all-cash deal, according to the Wall Street Journal. What Happened: BBVA USA's operations hold approximately $100 billion in assets and the sale could raise proceeds of over $11 billion for the bank, the Journal noted.

PNC Eyes Spanish Bank BBVA's US Unit In $11B Deal: WSJ

Spanish financial group BBVA has agreed to sell its U.S. business, BBVA USA Bancshares, to PNC Financial Services Group for $11.6 billion, the American firm announced Monday.

PNC to buy U.S. operations of Spanish bank BBVA for $11.6 billion

PNC Financial Services Group Inc said on Monday it would buy the U.S. business of Spanish lender BBVA for $11.6 billion in cash, further consolidating the U.S. banking sector.

PNC to buy BBVA's U.S. banking arm for $11.6 billion in cash

MADRID, Nov. 16, 2020 /PRNewswire/ -- BBVA has agreed to sell to PNC its subsidiary in the U.S. for $11.6 billion (€9.7 billion1) in cash, an amount that represents 19.7 times the unit's 2019 earnings2, and that is almost 50% of BBVA's current market capitalization, creating significant...

BBVA sells U.S. subsidiary to PNC for $11.6 billion

PITTSBURGH, Nov. 16, 2020 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) and the Spanish financial group, Banco Bilbao Vizcaya Argentaria, S.A. (NYSE and MAD: BBVA) today announced that they have signed a definitive agreement for PNC to acquire BBVA USA Bancshares, Inc....

PNC Announces Agreement To Buy BBVA USA Bancshares, Inc.

PNC Financial Services Group could buy the U.S. arm of Spain-based BBVA for over $11 billion, which could be one of the largest bank acquisitions since the financial crisis over a decade ago, The Wall Street Journal (WSJ) reported, with the deal potentially announced as soon as Monday (Nov. 16). The deal, the report stated, […]

PNC Eyes Buying US Unit Of Spain's BBVA, Report Says

PNC Financial Services Group Inc is in talks to buy the U.S. arm of Spanish bank BBVA in what could be one of the largest bank tie-ups since the financial crisis, the Wall Street Journal reported https://on.wsj.com/38YxxWH on Sunday.

Lender PNC Financial in talks to buy BBVA's U.S. arm: WSJ

Bill Demchak seems to be following the same acquisition strategy as six months ago.

Despite Improving Market Conditions, PNC's CEO Has Not Changed His Approach to M&A

Bank of America

Citigroup

Citizens Financial Group

Fifth Third Bancorp

First Republic

Huntington Bancshares

JPMorgan Chase & Co

KeyCorp

SPDR S&P Regional Banking ETF

M&T Bank

Pfizer

Regions Financial

Truist Financial

All banks are anticipating loan losses due to the pandemic, but the regional players appear more exposed to those risks than both their larger and smaller peers.

Why Regional Bank Stocks Will Benefit More From a COVID-19 Vaccine

When the market blew up during the great financial crisis of 2007–2009, the banks and brokerage stocks were ostensibly part of the reason for the collapse as they had aided and abetted the mortgage crisis.

BofA Securities Raises Price Targets on Top Bank Dividend Stocks to Buy

Wells Fargo

Many think a second round of stimulus could play a big role in how loan losses develop in the banking sector.

Why a Second Stimulus Is So Important for Bank Stocks

American Express

Capital One

Discover

Synchrony Financial

Credit card deferrals, charge-offs, and loans 90 days past due are all down from earlier this year or on a year-over-year basis. But will they continue to stay that way?

Credit Card Trends at Banks Are Much Improved, but Can It Last?

Blackrock Inc

Community Bank System

CIT Group

First Citizens BancShares

Independent Bank

Bank CEOs seem ready to start looking at mergers and acquisitions, but the sellers may still want to wait until the economic outlook improves.

Bank M&A: The Buyers Are Ready, but Now They're Waiting on the Sellers

Keeping this in mind, let's analyze whether The PNC Financial Services Group Inc. (NYSE:PNC) is a good investment right now by following the lead of some of the best investors in the world and piggybacking their ideas. There's no better way to get these firms' immense resources and analytical capabilities working for us than to follow their lead into their best ideas. While not all of these picks will be winners, our research shows that these picks historically outperformed the market when we factor in known risk factors.

Hedge Funds Have Never Been This Bullish On The PNC Financial Services Group Inc. (PNC)

The CEO believes consumer and commercial loan losses could ultimately be tied to how much more stimulus Congress provides.

This CEO Just Said a Second Round of Stimulus 'Absolutely' Needs to Happen

PNC Financial's Long-Term Qualities Seem Less Than Fully Appreciated

The PNC Financial Services Group, Inc. (PNC) CEO William Demchak on Q3 2020 Results - Earnings Call Transcript

PNC Financial's (PNC) Q3 performance highlights fee income growth, controlled expenses and lower provisions.

PNC Financial (PNC) Q3 Earnings Beat, Provisions Decline

PITTSBURGH, Oct. 14, 2020 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported: For the quarter In millions, except per share data 3Q20 2Q20 3Q19 Net income (loss) from continuing operations $1,532 ($744) $1,181 Net income from discontinued operations — $4,399...

PNC Reports Third Quarter 2020 Net Income Of $1.5 Billion, $3.39 Diluted EPS

On Wednesday, October 14, PNC Financial Services Gr (NYSE: PNC) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.

Earnings Preview: PNC Financial Services Gr

Goldman Sachs

SPDR S&P Bank ETF

How the 2020 pandemic, social awakening, and climate change crisis are accelerating change and challenging America's biggest banks.

Crises in 2020 Are Accelerating Change at Biggest Banks

PNC Financial's (PNC) cost-control efforts and benefits from strong equity markets are likely to have been offset by lower interest rates in the third quarter.

News for PNC Financial Services Stock (PNC)