See more : MGM Resorts International (MGG.DE) Income Statement Analysis – Financial Results
Complete financial analysis of The PNC Financial Services Group, Inc. (PNC) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of The PNC Financial Services Group, Inc., a leading company in the Banks – Regional industry within the Financial Services sector.
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The PNC Financial Services Group, Inc. (PNC)
About The PNC Financial Services Group, Inc.
The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States. The company's Retail Banking segment offers checking, savings, and money market accounts, as well as certificates of deposit; residential mortgages, home equity loans and lines of credit, auto loans, credit cards, education loans, and personal and small business loans and lines of credit; and brokerage, insurance, and investment and cash management services. This segment serves consumer and small business customers through a network of branches, ATMs, call centers, and online and mobile banking channels. Its Corporate & Institutional Banking segment provides secured and unsecured loans, letters of credit, and equipment leases; cash and investment management services, receivables and disbursement management services, funds transfer services, international payment services, and access to online/mobile information management and reporting; foreign exchange, derivatives, fixed income, securities underwriting, loan syndications, and mergers and acquisitions and equity capital markets advisory related services; and commercial loan servicing and technology solutions. It serves mid-sized and large corporations, and government and not-for-profit entities. The company's Asset Management Group segment offers investment and retirement planning, customized investment management, credit and cash management solutions, and trust management and administration services for high net worth and ultra high net worth individuals, and their families; and multi-generational family planning services for ultra high net worth individuals and their families. It also provides outsourced chief investment officer, custody, private real estate, cash and fixed income client solutions, and fiduciary retirement advisory services for institutional clients. The company has 2,591 branches and 9,502 ATMs. The company was founded in 1852 and is headquartered in Pittsburgh, Pennsylvania.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 21.51B | 21.11B | 19.21B | 16.90B | 16.84B | 16.19B | 16.33B | 15.16B | 15.23B | 15.28B | 16.01B | 15.51B | 14.33B | 15.02B | 15.12B | 6.18B | 5.89B | 6.49B | 6.33B | 5.54B | 5.25B | 5.39B | 4.91B | 5.11B | 4.79B | 4.57B | 4.35B | 3.88B | 3.10B | 2.73B | 2.77B | 2.54B | 2.25B | 2.01B | 1.89B | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 21.51B | 21.11B | 19.21B | 16.90B | 16.84B | 16.19B | 16.33B | 15.16B | 15.23B | 15.28B | 16.01B | 15.51B | 14.33B | 15.02B | 15.12B | 6.18B | 5.89B | 6.49B | 6.33B | 5.54B | 5.25B | 5.39B | 4.91B | 5.11B | 4.79B | 4.57B | 4.35B | 3.88B | 3.10B | 2.73B | 2.77B | 2.54B | 2.25B | 2.01B | 1.89B | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit Ratio | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 7.43B | 7.24B | 7.14B | 5.67B | 5.65B | 5.47B | 5.27B | 4.87B | 4.83B | 4.61B | 4.74B | 4.62B | 3.97B | 3.91B | 4.12B | 1.77B | 1.82B | 2.43B | 2.39B | 2.06B | 1.80B | 1.70B | 1.67B | 1.62B | 1.38B | 1.27B | 1.24B | 1.14B | 1.07B | 835.70M | 685.40M | 668.40M | 598.70M | 564.90M | 538.00M | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 350.00M | 355.00M | 319.00M | 236.00M | 301.00M | 285.00M | 244.00M | 247.00M | 249.00M | 253.00M | 246.00M | 279.00M | 249.00M | 266.00M | 233.00M | 123.00M | 113.00M | 104.00M | 106.00M | 87.00M | 64.00M | 51.00M | 57.00M | 70.00M | 70.00M | 92.00M | 70.00M | 63.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 7.78B | 7.60B | 7.46B | 5.91B | 5.95B | 5.76B | 5.51B | 5.12B | 5.08B | 4.86B | 4.99B | 4.90B | 4.22B | 4.17B | 4.35B | 1.89B | 1.93B | 2.54B | 2.50B | 2.15B | 1.87B | 1.75B | 1.72B | 1.69B | 1.45B | 1.36B | 1.31B | 1.20B | 1.07B | 835.70M | 685.40M | 668.40M | 598.70M | 564.90M | 538.00M | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Expenses | 13.73B | 13.52B | 11.75B | 10.99B | 10.89B | 10.43B | 10.82B | 10.04B | 10.15B | 10.42B | 11.02B | 10.62B | 10.11B | 10.84B | 10.77B | 4.29B | 3.96B | 3.96B | 3.83B | 3.39B | 3.39B | 3.64B | 3.19B | 3.43B | 3.34B | 3.21B | 3.04B | 2.68B | 2.04B | 1.90B | 2.09B | 1.88B | 1.65B | 1.44B | 1.35B | 442.70M | 255.70M | 237.40M | 187.80M |
| Operating Expenses | 21.51B | 21.11B | 19.21B | 16.90B | 16.84B | 16.19B | 16.33B | 15.16B | 15.23B | 15.28B | 16.01B | 15.51B | 14.33B | 15.02B | 15.12B | 6.18B | 5.89B | 6.49B | 6.33B | 5.54B | 5.25B | 5.39B | 4.91B | 5.11B | 4.79B | 4.57B | 4.35B | 3.88B | 3.10B | 2.73B | 2.77B | 2.54B | 2.25B | 2.01B | 1.89B | 442.70M | 255.70M | 237.40M | 187.80M |
| Cost & Expenses | 21.51B | 21.11B | 19.21B | 16.90B | 16.84B | 16.19B | 16.33B | 15.16B | 15.23B | 15.28B | 16.01B | 15.51B | 14.33B | 15.02B | 15.12B | 6.18B | 5.89B | 6.49B | 6.33B | 5.54B | 5.25B | 5.39B | 4.91B | 5.11B | 4.79B | 4.57B | 4.35B | 3.88B | 3.10B | 2.73B | 2.77B | 2.54B | 2.25B | 2.01B | 1.89B | 442.70M | 255.70M | 237.40M | 187.80M |
| Interest Income | 24.31B | 15.44B | 11.13B | 11.31B | 13.76B | 12.58B | 10.81B | 9.65B | 9.32B | 9.43B | 10.01B | 10.73B | 10.19B | 11.15B | 12.09B | 6.31B | 6.17B | 4.61B | 3.73B | 2.75B | 2.71B | 3.17B | 4.14B | 4.73B | 4.92B | 5.31B | 5.05B | 4.94B | 5.15B | 3.86B | 3.20B | 3.22B | 3.66B | 4.22B | 4.06B | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 10.39B | 2.42B | 487.00M | 1.36B | 3.80B | 2.86B | 1.71B | 1.26B | 1.05B | 906.00M | 860.00M | 1.09B | 1.49B | 1.92B | 3.00B | 2.49B | 3.25B | 2.37B | 1.58B | 783.00M | 716.00M | 975.00M | 1.88B | 2.57B | 2.49B | 2.74B | 2.56B | 2.49B | 3.01B | 1.95B | 1.37B | 1.56B | 2.22B | 2.87B | 2.76B | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 1.04B | 651.00M | 1.77B | 1.50B | 1.32B | 1.13B | 1.12B | 1.19B | 1.09B | 988.00M | 1.15B | 1.16B | 1.14B | 1.06B | 978.00M | 325.00M | 332.00M | 345.00M | 375.00M | 302.00M | 289.00M | 242.00M | 260.00M | 340.00M | 327.00M | 632.00M | 346.00M | 290.00M | 296.00M | 246.00M | 148.00M | 137.00M | 71.50M | 85.80M | 70.50M | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | 7.77B | 8.12B | 8.76B | 4.93B | 7.80B | 7.56B | 6.61B | 6.45B | 6.60B | 6.60B | 6.83B | 5.10B | 5.21B | 5.12B | 4.20B | 1.70B | 2.45B | 4.35B | 2.34B | 2.13B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 442.70M | 255.70M | 237.40M | 187.80M |
| EBITDA Ratio | 37.47% | 48.16% | 45.52% | 55.85% | 43.45% | 60.55% | 50.60% | 50.29% | 49.94% | 48.68% | 47.26% | 40.02% | 46.68% | 49.47% | 45.85% | 57.85% | 83.09% | 102.52% | 61.49% | 50.98% | 48.45% | 56.03% | 56.07% | 95.37% | 90.88% | 97.81% | 105.04% | 112.29% | 126.70% | 113.48% | 94.34% | 93.33% | 126.47% | 149.03% | 175.66% | 0.00% | 0.00% | 0.00% | 0.00% |
| Operating Income | 10.58B | 10.66B | 10.18B | 5.82B | 8.07B | 8.11B | 8.44B | 7.77B | 8.12B | 8.55B | 8.78B | 4.06B | 12.68B | 13.51B | 14.59B | 6.34B | 5.35B | 6.33B | 3.51B | 1.20B | 1.03B | 2.78B | 2.43B | 4.48B | 4.38B | 4.45B | 4.17B | 4.02B | 3.63B | 2.85B | 2.47B | 2.24B | 2.77B | 2.90B | 3.24B | 442.70M | 255.70M | 237.40M | 187.80M |
| Operating Income Ratio | 50.98% | 45.07% | 36.25% | 47.00% | 36.07% | 53.96% | 86.67% | 86.27% | 86.76% | 87.35% | 88.50% | 88.13% | 88.50% | 89.98% | 91.67% | 90.35% | 78.23% | 97.22% | 55.56% | 21.64% | 19.59% | 51.54% | 50.66% | 88.64% | 84.57% | 85.64% | 97.00% | 104.74% | 117.16% | 104.48% | 89.01% | 87.94% | 123.29% | 144.76% | 171.92% | 0.00% | 0.00% | 0.00% | 0.00% |
| Total Other Income/Expenses | -3.84B | -3.18B | -3.19B | -2.39B | -2.58B | -2.62B | -2.95B | -2.52B | -2.62B | -2.93B | -3.10B | -24.00M | -152.00M | -165.00M | 113.00M | -5.10B | -3.25B | -345.00M | -175.00M | 548.00M | -28.00M | -959.00M | -1.87B | -2.63B | -2.49B | -2.74B | -2.56B | -2.49B | -3.01B | -1.95B | -1.35B | -1.46B | -2.22B | -2.87B | -2.76B | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax | 6.74B | 7.47B | 6.99B | 3.43B | 5.49B | 5.49B | 5.49B | 5.25B | 5.51B | 5.61B | 5.69B | 4.04B | 4.07B | 4.06B | 3.23B | 1.09B | 1.92B | 4.01B | 2.00B | 1.78B | 1.57B | 1.82B | 564.00M | 1.85B | 1.79B | 1.65B | 1.62B | 1.53B | 627.10M | 902.40M | 1.12B | 778.10M | 548.20M | 29.40M | 485.20M | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax Ratio | 32.47% | 35.39% | 36.52% | 20.29% | 36.35% | 37.52% | 33.62% | 34.65% | 36.17% | 36.51% | 34.77% | 25.42% | 28.40% | 27.04% | 20.27% | 17.72% | 30.65% | 61.56% | 30.54% | 31.36% | 29.85% | 33.76% | 11.74% | 36.56% | 36.52% | 32.91% | 37.60% | 39.78% | 20.21% | 33.03% | 40.25% | 30.58% | 24.39% | 1.47% | 25.72% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 1.09B | 1.36B | 1.26B | 426.00M | 901.00M | 928.00M | 102.00M | 1.27B | 1.36B | 1.41B | 1.48B | 1.05B | 998.00M | 1.04B | 867.00M | 298.00M | 561.00M | 1.36B | 604.00M | 538.00M | 539.00M | 621.00M | 187.00M | 634.00M | 586.00M | 571.00M | 566.00M | 535.00M | 219.00M | 292.30M | 371.30M | 248.70M | 158.40M | -41.50M | 107.80M | -442.70M | -255.70M | -237.40M | -187.80M |
| Net Income | 5.58B | 6.04B | 5.67B | 7.52B | 5.37B | 5.30B | 5.34B | 3.90B | 4.11B | 4.18B | 4.20B | 3.00B | 3.06B | 3.41B | 2.45B | 882.00M | 1.47B | 2.60B | 1.33B | 1.20B | 1.00B | 1.18B | 372.00M | 1.28B | 1.26B | 1.12B | 1.05B | 992.00M | 408.10M | 610.10M | 725.90M | 426.90M | 389.80M | 70.90M | 377.40M | 442.70M | 255.70M | 237.40M | 187.80M |
| Net Income Ratio | 26.88% | 28.61% | 29.65% | 17.77% | 30.12% | 30.94% | 32.69% | 25.74% | 26.97% | 27.21% | 26.24% | 19.35% | 21.33% | 22.72% | 15.38% | 12.57% | 21.47% | 39.89% | 20.98% | 21.64% | 19.06% | 21.95% | 7.74% | 25.30% | 24.41% | 21.46% | 24.45% | 25.84% | 13.15% | 22.33% | 26.17% | 16.78% | 17.35% | 3.53% | 20.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| EPS | 12.78 | 13.85 | 12.70 | 7.03 | 11.43 | 11.35 | 10.49 | 7.42 | 7.52 | 7.44 | 7.48 | 5.36 | 5.70 | 5.80 | 4.40 | 2.50 | 4.43 | 8.89 | 4.63 | 4.25 | 3.58 | 4.18 | 1.27 | 4.35 | 4.19 | 3.64 | 3.33 | 2.90 | 1.19 | 2.57 | 2.65 | 1.90 | 1.98 | 0.37 | 1.99 | 2.58 | 1.54 | 1.47 | 2.01 |
| EPS Diluted | 12.78 | 13.85 | 12.70 | 7.03 | 11.38 | 11.28 | 10.36 | 7.30 | 7.39 | 7.30 | 7.39 | 5.30 | 5.64 | 5.74 | 4.36 | 2.46 | 4.35 | 8.73 | 4.55 | 4.21 | 3.55 | 4.15 | 1.26 | 4.31 | 4.15 | 3.60 | 3.28 | 2.87 | 1.19 | 2.56 | 2.60 | 1.89 | 1.95 | 0.37 | 1.96 | 2.51 | 1.50 | 1.47 | 1.88 |
| Weighted Avg Shares Out | 401.00M | 412.00M | 426.00M | 427.00M | 447.00M | 467.00M | 481.00M | 494.00M | 514.00M | 529.00M | 528.00M | 526.00M | 524.00M | 517.00M | 454.00M | 344.00M | 331.00M | 292.00M | 286.00M | 281.00M | 280.00M | 283.00M | 287.00M | 290.00M | 296.90M | 300.80M | 310.15M | 340.25M | 339.13M | 236.61M | 236.39M | 223.05M | 195.20M | 182.16M | 187.24M | 171.37M | 166.53M | 161.72M | 93.61M |
| Weighted Avg Shares Out (Dil) | 401.00M | 412.00M | 426.00M | 427.00M | 448.00M | 470.00M | 486.00M | 500.00M | 521.00M | 537.00M | 532.00M | 529.00M | 526.00M | 520.00M | 455.00M | 347.00M | 335.00M | 297.00M | 290.00M | 284.00M | 281.00M | 285.00M | 290.00M | 292.80M | 300.00M | 305.10M | 316.22M | 345.35M | 344.92M | 238.45M | 238.42M | 224.23M | 198.21M | 182.16M | 190.10M | 176.21M | 169.93M | 161.72M | 99.78M |
The PNC Financial Services Group Provides Quarterly 2025 Earnings Release Dates
PITTSBURGH , July 3, 2024 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that it expects to issue 2025 quarterly earnings releases pre-market open and hold conference calls at the following times: First Quarter – Tuesday,...
PNC Raises Common Stock Dividend To $1.60 Per Share
PITTSBURGH , July 2, 2024 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of $1.60 per share, an increase of $0.05 cents per share,...
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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...
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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...
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Operation HOPE Welcomes PNC to Founder's Circle Membership
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...
PNC Bank Launches $120,000 Scholarship Program to Expand Access to Higher Education
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...
Source: https://incomestatements.info
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