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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Cost of revenue

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Net income

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Cash & equivalents

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Stockholders equity

Minority interest

Total liabilities & equity

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Book value per share

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Purchase/sale of investments

Purchase/sale of business

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Cash from financing

Change in stock

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Net change in cash

Free cash flow

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Verizon

Morningstar published 10 Best Value Stocks to Buy for the Long Term, undervalued blue-chip stocks with low price to fair value. Valuation and future return of each stock analyzed, compared to the S&P 500, Bristol-Myers has the highest potential rate of return. In comparison to Morningstar's 10 Best Value Stocks with 10 Best Dividend Stocks, Bristol-Myers stands out as undervalued with a high potential return.

Going Beyond Morningstar's 10 Best Value Stocks List

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Wells Fargo

With another round of Federal Reserve stress tests in the books, many large U.S. banks have already announced dividend increases. Analysts at Jefferies compiled the data in a report sent to clients early Monday.

This is how much the largest 20 U.S. banks raised dividends after stress tests

PITTSBURGH , June 28, 2024 /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 Office of the Comptroller of the Currency (OCC) under the Dodd-Frank Wall Street Reform and Consumer Protection Act. These company-run stress tests are designed to help assess whether banking organizations have sufficient capital to absorb losses and support operations during hypothetical severely adverse economic conditions over a nine-quarter projection period.

PNC Releases Results of Dodd-Frank Company-Run Stress Test

PITTSBURGH , June 28, 2024 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) this week received the results of the Federal Reserve's 2024 Comprehensive Capital Analysis and Review (CCAR). The Federal Reserve's CCAR disclosure included its estimate of PNC's minimum capital ratios for the period from the first quarter of 2024 through the first quarter of 2026 under the hypothetical Supervisory Severely Adverse scenario.

PNC Announces Stress Capital Buffer (SCB) and Planned Capital Actions

PNC Financial's "Brilliantly Boring" ad campaign embraces what investors have long appreciated about this bank - it's prudently conservative, but not afraid of growth or change. PNC is well-prepared for upcoming regulatory changes; the annual stress test should be a non-event, and the bank's community lending focus serves it well for new liquidity and capital requirements. Recent loan growth has been sluggish, but the bank's cautious lending practices have historically shielded it from credit cycle volatility, and management remains committed to organic branch-based growth.

PNC Financial: Undramatic, Undervalued, And Underrated

Comerica

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Bank OZK

Regions Financial

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Zions Bancorp

By now you have probably seen myriad headlines about an alarming level of risk that banks are facing from potential losses on their portfolios of loans secured by office buildings. But there are fallacies in many media reports.

These numbers show that banks' risk from office real estate has been exaggerated

DHL Group

Northern Trust

That's for at least two reasons. The first is higher interest rates: Many commercial mortgages are five-year balloons, which means that many loans extended at low rates in 2019 are repricing this year at much higher rates.

The bank stocks that conservative investors should consider

ATLANTA--(BUSINESS WIRE)--Operation HOPE, a national nonprofit dedicated to helping low- and moderate-income Americans thrive in an ever-changing economy, is pleased to announce that The PNC Financial Services Group, Inc. (PNC) has joined as an elite Founder's Circle Member. Its $1 million commitment supports the growth and scale of Operation HOPE's mission to drive financial inclusion and economic equity across America. PNC and Operation HOPE have been working together for two decades to level.

Operation HOPE Welcomes PNC to Founder's Circle Membership

Current and future college students can apply now for one of 12 available scholarships PITTSBURGH , June 5, 2024 /PRNewswire/ -- PNC Bank today introduced an enhanced program that will award $10,000 scholarships to 12 deserving students attending or planning to attend college across the country. PNC's existing, decade-long scholarship program currently awards $2,000 scholarships to 12 students each year.

PNC Bank Launches $120,000 Scholarship Program to Expand Access to Higher Education

PITTSBURGH , June 4, 2024 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) expects to issue financial results for the second quarter 2024 at approximately 6:30 a.m. (ET), Tuesday, July 16, 2024, as previously announced.

The PNC Financial Services Group Announces Second Quarter Conference Call Details

PITTSBURGH , June 3, 2024 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Executive Vice President and Chief Financial Officer Robert Q. Reilly will discuss business performance and strategy at 1 p.m.

PNC Executive To Speak At Morgan Stanley Investor Conference

Morningstar published their 10 Best Dividend Stocks, which are undervalued blue-chip stocks with reliable dividends. The article analyzes the valuation and estimated future total return of each stock, comparing them to the S&P 500. Comcast has the highest potential rate of return among the 10 stocks, while Sempra has the lowest.

Going Beyond Morningstar's 10 Best Dividend Stocks List

The PNC Financial Services Group (PNC) reported earnings 30 days ago. What's next for the stock?

The PNC Financial Services Group (PNC) Up 9.6% Since Last Earnings Report: Can It Continue?

PITTSBURGH , May 15, 2024 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chairman and Chief Executive Officer William S. Demchak and Executive Vice President and Chief Financial Officer Robert Q.

PNC Executives To Speak At Bernstein Conference

PNC Financial (PNC) unveils its new PNC Cash Unlimited Visa Signature credit card. It is set to offer the bank a competitive edge over its peers.

PNC Financial (PNC) Launches Credit Card With Cashback Feature

PNC Financial (PNC) partners with TCW to offer private credit solutions to middle-market companies. This will help it tap into the expanding private credit market.

PNC Financial (PNC), TCW Partner for Private Credit Platform

Embracing simplicity and competitive value, the new card delivers a suite of benefits that help meet today's consumer needs PITTSBURGH , May 7, 2024 /PRNewswire/ -- PNC Bank announced today the launch of its newest credit card, the PNC Cash Unlimited® Visa Signature credit card. The bank's latest credit card is designed to provide straightforward, valuable rewards to its cardholders with an unlimited 2% cash back on all eligible purchases.

PNC Bank Introduces New Cash Unlimited Visa Signature® Credit Card Offering 2% Cash Back Across All Eligible Purchases

The PNC Financial Services Group and the TCW Group have formalized and expanded their partnership to develop a private credit platform focused on middle market lending. The companies aim to have $2.

PNC and TCW Partner on Loans to Middle Market Companies

New Strategy Creates Opportunity for Significant Expansion in Middle Market Lending PITTSBURGH and LOS ANGELES , May 6, 2024 /PRNewswire/ -- The PNC Financial Services Group, Inc. ("PNC"), one of the largest diversified financial institutions in the U.S., and the TCW Group, Inc. ("TCW"), a leading global asset manager, today announced they are partnering to deliver private credit solutions to middle market companies. The PNC and TCW partnership formalizes and expands more than 15 years of collaboration between PNC and TCW, combining both institutions' credit expertise: TCW's 23-year track record of successfully originating, underwriting and managing direct lending portfolios; and the strengths of PNC's national client relationships and its leading middle market lending franchise.

PNC, TCW Partner To Expand Capabilities, Create Private Credit Platform

PNC Financial Services Group saw average commercial loans dip in the first quarter as businesses remained cautious about the macroeconomic environment. Overall, average loans decreased 1%.

PNC Reports 2% Commercial Loan Dip Amid Manufacturer ‘Hesitancy'

The PNC Financial Services Group, Inc. (PNC) Q1 2024 Earnings Call Transcript

PNC Financial's (PNC) Q1 earnings reflect an improvement in deposit balances, alongside lower provisions. However, challenges emerge with lower net interest income and higher expenses.

PNC Financial (PNC) Q1 Earnings Beat Estimates, Costs Rise

U.S. banking giants continued to shed employees in the first quarter, with Citigroup seeing the biggest drop.

Big banks led by Citi continue layoffs amid pressure to cut costs

PNC Financial Services Group (PNC) shares lost ground Tuesday as the bank posted a big drop in first-quarter profit and revenue, and offered soft guidance.PNC reported first-quarter net income fell 21% year-over-year to $1.34 billion, although adjusted earnings per share (EPS) of $3.36 exceeded estimates. Revenue declined 8% to $5.15 billion, short of forecasts.

PNC Stock Slips After Q1 Profit and Revenue Slide

While the top- and bottom-line numbers for The PNC Financial Services Group (PNC) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

News for PNC Financial Services Stock (PNC)