The PNC Financial Services Group, Inc. (NYSE:PNC)

Stock Price: $166.17

+1.38 (0.84%)

Updated Feb 2, 2023 09:00 PM GMT+0000

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Overview

Financials

Statistics

Profile

Chart

Market Cap	67.02B
Revenue	21.59B
Gross Profit	21.85B
Shares Out	403.32M
EPS (ttm)	13.23
PE Ratio	12.1390
Forward PE	10.3917
Dividend Rate (ttm)	5.9171
Dividend Yield	0.0356

Trading Day	Feb 2
Last Price	$166.17
Previous Close	$164.79
Change ($)	1.38
Change (%)	0.84%
Day's Open	165.5
Day's Range	163.11 - 166.81
Day's Volume	1.93M
52 Week Range	140.85 - 206.84

About The PNC Financial Services Group, Inc.

he PNC Financial Services Group, Inc. is one of the largest diversified financial services institutions in the United States, organized around its customers and communities for strong relationships and local delivery of retail and business banking including a full range of lending products; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management.

News

RBC’s Cassidy prefers ‘regionals’ over big banks ahead of earnings October 5, 2022

Jason Snipe reveals his top two stocks for 2022 January 11, 2022

Pro: ‘mania around retail trading activity is going to start to fade’ August 5, 2021

PNC Financial reports a 3% annualised decline in its first-quarter revenue April 16, 2021

PNC Financial’s revenue slides to £3.10 billion in fiscal Q4 January 15, 2021

PNC Financial prints an over 100% increase in profit in the fiscal second quarter July 15, 2020

Quick info

Country

United States

Industry

Commercial Banking

Sector

Finance and Insurance

Employees

51,918

CEO

William Demchak

Address

300 5th Ave
Pittsburgh
Pennsylvania
15222-2401

Phone

18887622265

Website

www.pnc.com

Ticker Symbol

PNC

Exchange

New York Stock Exchange

Reporting Currency

USD

The PNC Financial Services Group, Inc. income statements (2022) (USD)

	August 2022	August 2022	May 2022	February 2022
Total Revenue	5.35B	5.35B	4.80B	19.70B
Cost of Revenue	36M	36M	-208M	-779M
Gross Profit	5.31B	5.31B	5.01B	20.48B
Research & Development	0	0	0	0
Selling General & Admin	692M	692M	650M	2.67B
Operating Expense	3.51B	3.51B	3.07B	12.71B
Operating Income	1.84B	1.84B	1.73B	6.99B
Other Income Expense Net	0	0	0	0
EBIT	1.84B	1.84B	1.73B	6.99B
Interest Income	0	0	0	0
Pretax Income	1.84B	1.84B	1.73B	6.99B
Income Tax	340M	340M	299M	1.26B
Minority Interest	15M	15M	21M	51M
Net Income	1.40B	1.40B	1.36B	5.41B
Net Income Basic	1.40B	1.40B	1.36B	5.41B

The PNC Financial Services Group, Inc. income statements (2021) (USD)

	November 2021	August 2021	May 2021	February 2021
Total Revenue	5.32B	4.79B	4.36B	18.26B
Cost of Revenue	-203M	302M	-551M	3.18B
Gross Profit	5.52B	4.49B	4.91B	15.09B
Research & Development	0	0	0	0
Selling General & Admin	706M	617M	553M	2.24B
Operating Expense	3.50B	3.47B	2.16B	14.83B
Operating Income	1.81B	1.32B	2.20B	3.43B
Other Income Expense Net	0	0	0	0
EBIT	1.81B	1.32B	2.20B	3.43B
Interest Income	0	0	0	0
Pretax Income	1.81B	1.32B	2.20B	3.43B
Income Tax	323M	212M	371M	426M
Minority Interest	16M	12M	10M	41M
Net Income	1.41B	1.04B	1.75B	7.27B
Net Income Basic	1.41B	1.04B	1.75B	7.27B

The PNC Financial Services Group, Inc. income statements (2020) (USD)

	November 2020	September 2020	June 2020	March 2020	March 2020
Total Revenue	4.47B	N.A	N.A	N.A	N.A
Cost of Revenue	52M	N.A	N.A	N.A	N.A
Gross Profit	4.42B	N.A	N.A	N.A	N.A
Research & Development	0	N.A	N.A	N.A	N.A
Selling General & Admin	564M	N.A	N.A	N.A	N.A
Operating Expense	2.78B	N.A	N.A	N.A	N.A
Operating Income	1.70B	N.A	N.A	N.A	N.A
Other Income Expense Net	0	N.A	N.A	N.A	N.A
EBIT	1.70B	N.A	N.A	N.A	N.A
Interest Income	0	118M	187M	314M	314M
Pretax Income	1.70B	1.70B	-0.9B	1.06B	1.06B
Income Tax	166M	166M	-158M	145M	145M
Minority Interest	13M	13M	7M	7M	7M
Net Income	1.45B	1.51B	3.65B	0.90B	0.90B
Net Income Basic	1.45B	1.45B	3.59B	840M	840M

The PNC Financial Services Group, Inc. income statements (2019) (USD)

	December 2019	September 2019	June 2019	March 2019
Total Revenue	N.A	N.A	N.A	N.A
Cost of Revenue	N.A	N.A	N.A	N.A
Gross Profit	N.A	N.A	N.A	N.A
Research & Development	N.A	N.A	N.A	N.A
Selling General & Admin	N.A	N.A	N.A	N.A
Operating Expense	N.A	N.A	N.A	N.A
Operating Income	N.A	N.A	N.A	N.A
Other Income Expense Net	N.A	N.A	N.A	N.A
EBIT	N.A	N.A	N.A	N.A
Interest Income	349M	432M	446M	435M
Pretax Income	1.63B	1.69B	1.65B	1.52B
Income Tax	245M	295M	274M	248M
Minority Interest	14M	13M	12M	10M
Net Income	1.36B	1.37B	1.36B	1.26B
Net Income Basic	1.31B	1.31B	1.30B	1.19B

The PNC Financial Services Group, Inc. income statements (2018) (USD)

	December 2018	September 2018	June 2018	March 2018
Total Revenue	N.A	N.A	N.A	N.A
Cost of Revenue	N.A	N.A	N.A	N.A
Gross Profit	N.A	N.A	N.A	N.A
Research & Development	N.A	N.A	N.A	N.A
Selling General & Admin	N.A	N.A	N.A	N.A
Operating Expense	N.A	N.A	N.A	N.A
Operating Income	N.A	N.A	N.A	N.A
Other Income Expense Net	N.A	N.A	N.A	N.A
EBIT	N.A	N.A	N.A	N.A
Interest Income	403M	391M	383M	344M
Pretax Income	1.62B	1.66B	1.66B	1.49B
Income Tax	264M	261M	304M	253M
Minority Interest	14M	11M	10M	10M
Net Income	1.33B	1.38B	1.34B	1.22B
Net Income Basic	1.28B	1.32B	1.29B	1.16B

The PNC Financial Services Group, Inc. income statements (2017) (USD)

	December 2017	September 2017	June 2017
Total Revenue	N.A	N.A	N.A
Cost of Revenue	N.A	N.A	N.A
Gross Profit	N.A	N.A	N.A
Research & Development	N.A	N.A	N.A
Selling General & Admin	N.A	N.A	N.A
Operating Expense	N.A	N.A	N.A
Operating Income	N.A	N.A	N.A
Other Income Expense Net	N.A	N.A	N.A
EBIT	N.A	N.A	N.A
Interest Income	297M	274M	265M
Pretax Income	1.07B	1.54B	1.48B
Income Tax	-1.02B	413M	386M
Minority Interest	11M	12M	10M
Net Income	2.07B	1.11B	1.08B
Net Income Basic	2.02B	1.05B	1.03B

The PNC Financial Services Group, Inc. balance sheet (2022) (USD)

	August 2022
Current Cash	0
Receivables	0
Inventory	0
Current Assets	485.69B
Other Current Assets	0
Short Term Investments	170.77B
Long Term Investments	55.10B
Property/Plant Equipment	0
Good Will	N.A
Intangible Assets	2.61B
Tangible Assets (Net)	34.13B
Other Assets	41.57B
Total Assets	540.79B
Accounts Payable	0
Other Current Liabilities	457.11B
Total Current Liabilities	493.10B
Total Liabilities	493.13B
Long Term Debt	0
Current Long Term Debt	35.98B
Minority Interest	36M
Common Stock	414M
Treasury Stock	-17.08B
Retained Earnings	51.84B
Capital Surplus	N.A
Shareholder Equity	47.65B
Other Liabilities	N.A

The PNC Financial Services Group, Inc. balance sheet (2020) (USD)

	November 2020	September 2020	June 2020	March 2020	March 2020
Current Cash	0	N.A	N.A	N.A	N.A
Receivables	0	N.A	N.A	N.A	N.A
Inventory	0	N.A	N.A	N.A	N.A
Current Assets	419.03B	77.59B	56.92B	28.58B	28.58B
Other Current Assets	0	N.A	N.A	N.A	N.A
Short Term Investments	168.87B	N.A	N.A	N.A	N.A
Long Term Investments	42.79B	77.68B	61.78B	40.21B	40.21B
Property/Plant Equipment	0	N.A	N.A	N.A	N.A
Good Will	N.A	N.A	N.A	N.A	N.A
Intangible Assets	1.11B	N.A	N.A	N.A	N.A
Tangible Assets (Net)	42.93B	44.04B	43.69B	40.03B	40.03B
Other Assets	32.45B	33.56B	37.12B	32.20B	32.20B
Total Assets	461.82B	461.82B	458.98B	445.49B	445.49B
Accounts Payable	0	N.A	N.A	N.A	N.A
Other Current Liabilities	366.40B	107.28B	247.53B	210.11B	210.11B
Total Current Liabilities	408.51B	107.28B	264.93B	250.21B	250.21B
Total Liabilities	408.54B	408.51B	406.03B	396.20B	396.20B
Long Term Debt	0	42.11B	30.93B	34.60B	34.60B
Current Long Term Debt	42.11B	N.A	16.10B	38.80B	38.80B
Minority Interest	34M	13M	7M	7M	7M
Common Stock	18.55B	424M	425M	424M	424M
Treasury Stock	-14.22B	14.22B	14.13B	14.14B	14.14B
Retained Earnings	45.95B	45.95B	44.99B	41.89B	41.89B
Capital Surplus	N.A	15.84B	16.28B	16.29B	16.29B
Shareholder Equity	53.28B	53.28B	52.92B	49.26B	49.26B
Other Liabilities	N.A	N.A	N.A	N.A	N.A

The PNC Financial Services Group, Inc. balance sheet (2019) (USD)

	December 2019	September 2019	June 2019	March 2019
Current Cash	N.A	N.A	N.A	N.A
Receivables	N.A	N.A	N.A	N.A
Inventory	N.A	N.A	N.A	N.A
Current Assets	31.81B	27.92B	26.46B	24B
Other Current Assets	N.A	N.A	N.A	N.A
Short Term Investments	N.A	N.A	N.A	N.A
Long Term Investments	12.07B	12.68B	11.64B	11.08B
Property/Plant Equipment	9.73B	2B	2B	2.04B
Good Will	N.A	N.A	N.A	N.A
Intangible Assets	N.A	N.A	N.A	N.A
Tangible Assets (Net)	30.85B	40.19B	40.12B	39.32B
Other Assets	18.59B	29.21B	28.91B	29.48B
Total Assets	412.42B	408.92B	405.76B	392.84B
Accounts Payable	N.A	N.A	N.A	N.A
Other Current Liabilities	273.48B	273.62B	265.01B	262.04B
Total Current Liabilities	300.91B	280.54B	271.74B	270.09B
Total Liabilities	363.08B	359.46B	356.38B	344.26B
Long Term Debt	35B	56.60B	64.46B	54.01B
Current Long Term Debt	27.08B	N.A	N.A	N.A
Minority Interest	14M	13M	12M	10M
Common Stock	433M	439M	447M	452M
Treasury Stock	12.78B	11.84B	10.87B	10.09B
Retained Earnings	42.22B	41.41B	40.62B	39.74B
Capital Surplus	12.38B	16.30B	16.25B	16.17B
Shareholder Equity	49.31B	49.42B	49.34B	48.54B
Other Liabilities	N.A	N.A	N.A	N.A

The PNC Financial Services Group, Inc. balance sheet (2018) (USD)

	December 2018	September 2018	June 2018	March 2018
Current Cash	N.A	N.A	N.A	N.A
Receivables	N.A	N.A	N.A	N.A
Inventory	N.A	N.A	N.A	N.A
Current Assets	20.53B	28.74B	30.60B	36.14B
Other Current Assets	N.A	N.A	N.A	N.A
Short Term Investments	N.A	N.A	N.A	N.A
Long Term Investments	11.62B	11.45B	11.63B	10.90B
Property/Plant Equipment	5.73B	N.A	N.A	N.A
Good Will	N.A	N.A	N.A	N.A
Intangible Assets	N.A	N.A	N.A	N.A
Tangible Assets (Net)	29.29B	37.84B	37.69B	37.75B
Other Assets	25.58B	27.29B	26.74B	27.26B
Total Assets	384.14B	380.08B	380.71B	379.16B
Accounts Payable	N.A	N.A	N.A	N.A
Other Current Liabilities	256.40B	256.28B	256.99B	257.53B
Total Current Liabilities	258.03B	261.76B	261.79B	262.14B
Total Liabilities	336.37B	332.98B	333.74B	332.13B
Long Term Debt	55.79B	52.48B	54.41B	53.43B
Current Long Term Debt	1.63B	N.A	N.A	N.A
Minority Interest	14M	11M	10M	10M
Common Stock	457M	462M	465M	470M
Treasury Stock	9.45B	8.77B	8.32B	7.54B
Retained Earnings	38.92B	38.08B	37.20B	36.27B
Capital Surplus	12.29B	16.30B	16.25B	16.23B
Shareholder Equity	47.73B	47.06B	46.90B	46.97B
Other Liabilities	N.A	N.A	N.A	N.A

The PNC Financial Services Group, Inc. balance sheet (2017) (USD)

	December 2017	September 2017	June 2017
Current Cash	N.A	N.A	N.A
Receivables	N.A	N.A	N.A
Inventory	N.A	N.A	N.A
Current Assets	36.93B	32.31B	30.80B
Other Current Assets	N.A	N.A	N.A
Short Term Investments	N.A	N.A	N.A
Long Term Investments	12.67B	11.49B	11.58B
Property/Plant Equipment	5.44B	N.A	N.A
Good Will	N.A	N.A	N.A
Intangible Assets	N.A	N.A	N.A
Tangible Assets (Net)	29.17B	37.23B	36.92B
Other Assets	20.02B	27.44B	27.47B
Total Assets	382.47B	375.19B	372.19B
Accounts Payable	N.A	N.A	N.A
Other Current Liabilities	254.56B	253.46B	251.89B
Total Current Liabilities	255.65B	258.42B	257.09B
Total Liabilities	334.89B	328.74B	326.01B
Long Term Debt	58.01B	52.61B	51.20B
Current Long Term Debt	1.08B	N.A	N.A
Minority Interest	11M	12M	10M
Common Stock	473M	476M	480M
Treasury Stock	6.90B	6.46B	5.99B
Retained Earnings	35.48B	33.82B	33.13B
Capital Surplus	12.39B	16.34B	16.33B
Shareholder Equity	47.51B	46.39B	46.08B
Other Liabilities	N.A	N.A	N.A

The PNC Financial Services Group, Inc. cash flow (2022) (USD)

	August 2022
Net Income	1.40B
Depreciation	144M
Changes in Receivables	0
Changes in Inventories	0
Cash Change	8.58B
Cash Flow	2.63B
Capital Expenditures	0
Investments	N.A
Investing Activity (other)	N.A
Total Investing Cash Flows	-1.69B
Dividends Paid	N.A
Net Borrowings	-441.12B
Other Financing Cash Flows	N.A
Cash Flow Financing	68M
Exchange Rate Effect	N.A

The PNC Financial Services Group, Inc. cash flow (2020) (USD)

	November 2020	June 2020	March 2020
Net Income	1.45B	3.65B	0.90B
Depreciation	0.94B	N.A	328M
Changes in Receivables	0	N.A	N.A
Changes in Inventories	0	N.A	N.A
Cash Change	291M	-1.16B	2.43B
Cash Flow	2.72B	2B	770M
Capital Expenditures	0	N.A	N.A
Investments	N.A	7.14B	-2.15B
Investing Activity (other)	N.A	-81M	-125M
Total Investing Cash Flows	-44.38B	-16.83B	-24.85B
Dividends Paid	N.A	-546M	-566M
Net Borrowings	-370.29B	-26.55B	11.89B
Other Financing Cash Flows	N.A	N.A	N.A
Cash Flow Financing	43.22B	13.68B	26.51B
Exchange Rate Effect	N.A	N.A	N.A

The PNC Financial Services Group, Inc. cash flow (2019) (USD)

	December 2019	September 2019	June 2019	March 2019
Net Income	1.36B	1.37B	1.36B	1.26B
Depreciation	N.A	N.A	N.A	272M
Changes in Receivables	N.A	N.A	N.A	N.A
Changes in Inventories	N.A	N.A	N.A	N.A
Cash Change	-610M	255M	354M	-546M
Cash Flow	2.41B	2.09B	1.57B	723M
Capital Expenditures	N.A	N.A	N.A	N.A
Investments	2.68B	-2.97B	-1.4B	4.74B
Investing Activity (other)	-132M	-71M	-502M	N.A
Total Investing Cash Flows	-3.56B	-4.73B	-10.79B	-5.35B
Dividends Paid	-564M	-581M	-487M	-499M
Net Borrowings	-870M	-7.83B	8.70B	1.98B
Other Financing Cash Flows	N.A	N.A	N.A	N.A
Cash Flow Financing	540M	2.89B	9.57B	4.08B
Exchange Rate Effect	N.A	N.A	N.A	N.A

The PNC Financial Services Group, Inc. cash flow (2018) (USD)

	December 2018	September 2018	June 2018	March 2018
Net Income	1.33B	1.38B	1.34B	1.22B
Depreciation	N.A	N.A	N.A	280M
Changes in Receivables	N.A	N.A	N.A	N.A
Changes in Inventories	N.A	N.A	N.A	N.A
Cash Change	360M	-177M	776M	-600M
Cash Flow	2.60B	1.44B	1.99B	1.07B
Capital Expenditures	N.A	N.A	N.A	N.A
Investments	-8.36B	-898M	-5.72B	792M
Investing Activity (other)	-719M	23M	-704M	-284M
Total Investing Cash Flows	-2.78B	525M	-1.58B	601M
Dividends Paid	-497M	-509M	-410M	-421M
Net Borrowings	-1.07B	-1.21B	1.31B	-573M
Other Financing Cash Flows	N.A	N.A	N.A	N.A
Cash Flow Financing	538M	-2.15B	368M	-2.27B
Exchange Rate Effect	N.A	N.A	N.A	N.A

The PNC Financial Services Group, Inc. cash flow (2017) (USD)

	December 2017	September 2017	June 2017
Net Income	2.07B	1.11B	1.08B
Depreciation	N.A	N.A	N.A
Changes in Receivables	N.A	N.A	N.A
Changes in Inventories	N.A	N.A	N.A
Cash Change	513M	-303M	36M
Cash Flow	2.01B	1.63B	1.96B
Capital Expenditures	N.A	N.A	N.A
Investments	-1.49B	2.35B	814M
Investing Activity (other)	-441M	-392M	-330M
Total Investing Cash Flows	-6.53B	-3.87B	-480M
Dividends Paid	-417M	-427M	-324M
Net Borrowings	1.62B	1.25B	1.11B
Other Financing Cash Flows	N.A	N.A	N.A
Cash Flow Financing	5.04B	1.94B	-1.45B
Exchange Rate Effect	N.A	N.A	N.A

The PNC Financial Services Group, Inc. dividends (USD)

Ex date	Payment date	Record date	Declared date	Amount	Description	Frequency
12-07-2022	05-08-2022	13-07-2022	N.A	1.50	Ordinary Shares	Quarterly
16-07-2020	05-08-2020	17-07-2020	N.A	1.15	Ordinary Shares	Quarterly
15-04-2020	05-05-2020	16-04-2020	N.A	1.15	Ordinary Shares	Quarterly
16-01-2020	05-02-2020	17-01-2020	N.A	1.15	Ordinary Shares	Quarterly
16-10-2019	05-11-2019	17-10-2019	N.A	1.15	Ordinary Shares	Quarterly
18-07-2019	05-08-2019	19-07-2019	N.A	1.15	Ordinary Shares	Quarterly
15-04-2019	05-05-2019	16-04-2019	N.A	0.95	Ordinary Shares	Quarterly
16-01-2019	05-02-2019	17-01-2019	N.A	0.95	Ordinary Shares	Quarterly
16-10-2018	05-11-2018	17-10-2018	N.A	0.95	Ordinary Shares	Quarterly
16-07-2018	05-08-2018	17-07-2018	N.A	0.95	Ordinary Shares	Quarterly
13-04-2018	05-05-2018	16-04-2018	N.A	0.75	Ordinary Shares	Quarterly
16-01-2018	05-02-2018	17-01-2018	N.A	0.75	Ordinary Shares	Quarterly
16-10-2017	05-11-2017	17-10-2017	N.A	0.75	Ordinary Shares	Quarterly
13-07-2017	05-08-2017	17-07-2017	N.A	0.75	Ordinary Shares	Quarterly
12-04-2017	05-05-2017	17-04-2017	N.A	0.55	Ordinary Shares	Quarterly
12-01-2017	05-02-2017	17-01-2017	N.A	0.55	Ordinary Shares	Quarterly
13-10-2016	07-11-2016	17-10-2016	N.A	0.55	Ordinary Shares	Quarterly
14-07-2016	05-08-2016	18-07-2016	N.A	0.55	Ordinary Shares	Quarterly
13-04-2016	05-05-2016	15-04-2016	N.A	0.51	Ordinary Shares	Quarterly
14-01-2016	05-02-2016	19-01-2016	N.A	0.51	Ordinary Shares	Quarterly
13-10-2015	05-11-2015	15-10-2015	N.A	0.51	Ordinary Shares	Quarterly
13-07-2015	05-08-2015	15-07-2015	N.A	0.51	Ordinary Shares	Quarterly