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, July 22, 2020 /PRNewswire/ -- PNC Bank will host a free educational webcast for business owners and executives from 12 – 1 pm ET Thursday, July 23, 2020, with Angie Bastian, co-founder of Angie's BOOMCHICKAPOP. This webcast supports PNC's ongoing commitment to help.

PNC Bank Celebrates The Spirit Of Entrepreneurship And Women Who Achieve

The bank pounced on a big acquisition in 2008 during the Great Recession, but now it may be more patient.

Why PNC May Use a Different M&A Playbook Than It Did During the Great Recession

Target price for June 2021 suggests a high upside from the current market price, which justifies a bullish rating.

PNC Financial: Credit Costs Appear To Have Peaked

PNC's Core Banking Ops Are Under Pressure, But M&A Optionality Is A Plus

Management has been vocal about their desire to use the $14 Billion BLK sale proceeds to fund M&A activity via another midsize bank.

PNC Financial: A Case For Buying A Bank In The Middle Of A Recession

The PNC Financial Services Group, Inc. (PNC) CEO William Demchak on Q2 2020 Results - Earnings Call Transcript

PNC Financial Services Group Inc. (NYSE: PNC) revealed an over 100% increase in its profit in the second quarter on Wednesday.

PNC Financial prints an over 100% increase in profit in the fiscal second quarter

The bank managed to generate $3.7 billion in profits, although in terms of operating net income, it would have reported a loss.

Sale of BlackRock Boosts PNC to Profitable Quarter

PNC Financial's (PNC) Q2 performance highlights lower revenues, controlled expenses and elevated provisions.

PNC Financial (PNC) Reports Q2 Loss, Provisions Escalate

Shares of PNC Financial Services Group (NYSE:PNC) rose 1.8% in pre-market trading after the company reported Q2 results.

PNC Financial: Q2 Earnings Insights

PNC Financial's second-quarter profit more than doubled as the U.S. regional bank recorded a gain from the sale of its position in asset manager BlackRock.

PNC Financial's profit more than doubles on gain sale of stake in BlackRock

PITTSBURGH, July 15, 2020 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported: For the quarter 2Q20 1Q20 2Q19 Net income (loss) from continuing operations ($744) $759 $1,185 Net income from discontinued operations $4,399 $156 $189 Net income $ millions $3,655...

PNC Reports Second Quarter 2020 Net Income Of $3.7 Billion, $8.40 Diluted EPS, Reflecting Gain On BlackRock Sale

Seacoast Banking Corporation of Florida

While there may not be a ton of banks fetching a premium right now, bank M&A can still create value.

Look for Acquisition Targets as Bank M&A Activity Picks Up

It may not be a home run, but PNC should be a hit for investors.

Is PNC Financial Services a Buy?

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 second quarter.

What's in the Cards for PNC Financial (PNC) in Q2 Earnings?

Truist Financial

U.S. Bancorp

Even top banks found themselves on the bottom during the first half of the year.

Why These 'Top 10' Bank Stocks Have Fallen More Than 30% in 2020

Bank of America

Citigroup

Goldman Sachs

JPMorgan Chase & Co

Morgan Stanley

When the Federal Reserve last week published the results of its latest stress tests on 34 U.S.

7 Bank Stock Dividends That Still Look Safe Heading Into 2021

Bank of New York Mellon

Blackrock Inc

State Street

Wells Fargo

Some are still undecided about whether to hold their payouts steady or cut them next quarter.

Which Major Banks Will Maintain Their Dividends?

PITTSBURGH, June 30, 2020 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) last week received the results of the Federal Reserve's 2020 Comprehensive Capital Analysis and Review (CCAR). The Federal Reserve's CCAR disclosure included its estimate of PNC's minimum capital...

PNC Announces Stress Capital Buffer; Declares Dividend Of $1.15 On Common Stock

PITTSBURGH, June 25, 2020 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today the results of its biennial company-run stress test conducted in accordance with regulations of the Board of Governors of the Federal Reserve System (Federal Reserve) and the...

PNC Releases Results Of Annual Dodd-Frank Company-Run Stress Test

M&T Bank

If the Oracle of Omaha put Berkshire Hathaway's $137 billion cash hoard to work in the second quarter, it was likely on these three stocks.

3 Stocks Warren Buffett Probably Bought in Q2

Berkshire Hills Bancorp

Brookline Bancorp

Citizens Financial Group

Meridian Bancorp

HarborOne Bancorp

Independent Bank

Banco Santander

The bank said it would like to use its new capital to pursue acquisitions. This could mean a huge deal that could transform the Boston banking scene.

Which Bank Will Eastern Bank Look to Buy After its IPO?

PITTSBURGH, June 18, 2020 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced a commitment of more than $1 billion to help end systemic racism and support economic empowerment of African Americans and low- and moderate-income communities. "We are living in...

PNC Commits More Than $1 Billion To Help End Systemic Racism And Support Economic Empowerment Of African Americans And Low- And Moderate-Income Communities

PITTSBURGH, June 17, 2020 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced that it will close all offices at 2 p.m., local time, Friday, June 19, in observance of Juneteenth. "If there is anything the past few weeks in our country have revealed, it's that...

PNC To Close Early In Observance Of Juneteenth

Major banks have been asked to submit documents, regarding applications received, and all communications with SBA and Treasury on which application to prioritize.

News for PNC Financial Services Stock (PNC)