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

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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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Net income

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Cash & equivalents

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Minority interest

Total liabilities & equity

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Book value per share

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Change in working capital

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Purchase/sale of business

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Net change in cash

Free cash flow

PNC Financial excels in non-interest income and strategic diversification, with 40% of revenue from corporate and institutional banking, and disciplined expense management. Despite potential net interest income declines, PNC's strong balance sheet and capital flexibility offer resilience in a complex macroeconomic environment. PNC offers a compelling mix of growth and income with a 3.5% yield and a 9.3% five-year CAGR, though it faces risks from rate cuts and commercial real estate.

The PNC Power Play: Strong Dividends, Smart Moves, And Room To Run

Comerica

Fifth Third Bancorp

M&T Bank

Truist Financial

U.S. Bancorp

US banks' third quarter earnings are expected to benefit from upcoming Federal Reserve rate cuts, Bank of America analysts believe.   Reduced rates could be a positive development for banks, particularly in a scenario where customer activity rebounds contributing to an economic soft landing, the analysts wrote in a note to clients.

Regional US banks favored by analysts going into quarterly earnings

PNC's Q3 2024 results are likely to benefit from a rise in NII and capital markets & advisory revenues. Yet, rising costs and lower fee income are concerns.

Rise in Net Interest Income to Support PNC Financial's Q3 Earnings

The PNC Financial Services Group (PNC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

The PNC Financial Services Group, Inc (PNC) Expected to Beat Earnings Estimates: Should You Buy?

The PNC Financial Services Group (PNC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will The PNC Financial Services Group (PNC) Beat Estimates Again in Its Next Earnings Report?

PITTSBURGH , Oct. 3, 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. The dividend will be payable Nov. 5, 2024, to shareholders of record at the close of business Oct. 16, 2024.

PNC Declares Dividend of $1.60 on Common Stock

PITTSBURGH , Oct. 3, 2024 /PRNewswire/ -- PNC Bank and Akoya today announced the expansion of their existing integration to support corporate data sharing through the Akoya data access network. This feature enhances the ability of corporate clients to securely share their financial data with third parties, including fintechs and data aggregators, that power platforms they use to run their businesses, enhancing security and reliability through API-based connections.

PNC Bank Launches Akoya Integration for PINACLE Connect® to Provide More Secure, Transparent Data Access for Corporate Clients

Coca-Cola European Partners plc

Comcast

Darden Restaurants

Enterprise Products Partners

Evergy Inc

Interpublic Group of Companies

Restaurant Brands

SPDR S&P 500 ETF Trust

Vanguard High Dividend Yield ETF

Essential Utilities

Xcel Energy

SPY locks in another positive month this year after gaining 2.10% in September. The top 10 stocks on the watchlist for October 2024 offer a 3.89% dividend yield, more than double the S&P 500. My top 10 list of high dividend yield stocks has generated an annualized rate of return of 17.96% since its inception in November 2020.

My Top 10 High-Yield Dividend Stocks For October 2024

AbbVie

Bank of America

Bank of New York Mellon

Blackrock Inc

Caterpillar

Citizens Financial Group

Cigna

Deere & Company

Discover

Fastenal

Goldman Sachs

JPMorgan Chase & Co

KeyCorp

Lamb Weston Hlds

Morgan Stanley

Omnicom Group

Otis Worldwide

Regions Financial

Ralph Lauren

Charles Schwab

Simon Property Group

Steel Dynamics

Entering October is the strongest period of the year for three-month returns, and shorter-term returns are also some of the best. Here we take a look at 30 dividend stocks in the S&P 500 that have been the best Q4 performers over the last ten years. 2024 has been a strong year already for high-yielding stocks, and now they have Q4 seasonality as another tailwind.

Dividend Stocks With Strong Q4 Seasonality

Famed value investor Chris Davis runs Davis Selected Advisors, a hedge fund with $19.9 billion in assets under management.

Value Investor Chris Davis Cut All of His Bank Stock Holdings Except These Two

PNC's strategic growth efforts, a solid balance sheet, along with Fed's recent rate cut, are set to support its financials. Yet, rising costs remain a concern.

PNC Financial Aided by Expansion Strategies Amid Higher Expenses

PNC Financial and Plaid enter into a bilateral data access agreement to boost safety while sharing clients' financial data with third-party applications.

PNC Enters Into Agreement With Plaid to Boost Customer Data Security

Most bank CEOs and investors see scale as an eventual necessity in the modern landscape of banking. There are a few larger regional banks that could eventually reach $1 trillion in assets.

This Bank Could Be the Next to $1 Trillion in Assets. Should You Buy the Stock Today?

PNC Financial expects Q3 NII to be at the higher end of its 1-2% growth range projected earlier, driven by its subsidiary's solid capital markets performance.

PNC Raises Q3 NII Outlook on Outperformance in Capital Markets

Regional bank stocks, particularly PNC, have surged due to more favorable interest rates and a steepening yield curve, enhancing profitability despite economic concerns. PNC's recent earnings beat normalized EPS estimates with a positive outlook for Q3, driven by higher non-interest income and controlled expenses. Key risks include potential slower loan growth and yield spread retreat, but PNC's strong nationwide presence and earnings growth forecast support a buy rating.

PNC Financial: Looking Ahead To A Better 2025

PNC Financial is well-positioned to benefit from the anticipated interest rate cuts, potentially boosting lending and refinancing demand in 2025. PNC's new rewards credit card and planned future card launches could drive growth through increased interest and fee income. Valuation metrics indicate PNC is reasonably valued with a forward PE of 13.7 and a price/book ratio of 1.5, suggesting potential for double-digit stock growth driven by earnings growth.

PNC Financial: Interest Rate Cuts Could Increase Lending

Ameriprise Financial

O'Reilly Automotive

PACCAR

Here's the bad news: September is historically the S&P 500's worst month. The good news?

Only 5 Stocks Dodge The Market's Bullet In September

56% of small and mid-sized business owners surveyed are optimistic about the national economy – up significantly from 34% a year ago. 76% are highly optimistic about the prospects of their own business.

Business Owners Remain Optimistic About Economy, According to PNC Survey

PITTSBURGH , Sept. 3, 2024 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) expects to issue financial results for the third quarter 2024 at approximately 6:30 a.m.

The PNC Financial Services Group Announces Third Quarter Conference Call Details

Sirius XM Holdings Inc

WEC Energy Group

The bull run continues for SPY in August, with the ETF adding 2.34% to its year-to-date return. The watchlist posts two very strong back-to-back months of 5%+ returns. The top 10 stocks on the watchlist for September 2024 offer a 3.59% dividend yield, more than double the S&P 500.

My Top 10 High-Yield Dividend Stocks For September 2024

PNC hits a new 52-week high driven by the Fed's indication of a rate cut starting next month.

PNC Financial Hits 52-Week High: Is the Stock Worth Investing?

Annual Financial Wellness in the Workplace Report Highlights Workplace Stressors, Benefits Needs and Financial Goals Across Generations PITTSBURGH , Aug. 28, 2024 /PRNewswire/ -- PNC Bank today released findings from its second annual Financial Wellness in the Workplace Report entitled, "The Evolving Needs of the Multigenerational American Workforce," which summarizes survey data and in-depth interviews from more than 1,000 U.S. workers and more than 500 U.S. employers to better understand the financial health and wellness of today's workforce. Perhaps unsurprising in the current turbulent macroeconomic environment, the survey findings show that employers are continuing to feel the squeeze financially with the increased costs of benefits, worker retention and recruiting.

PNC Bank Survey Reveals Varying Financial Wellness Needs Across America's Most Generationally Diverse Workforce

PITTSBURGH , Aug. 26, 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 Barclays Global Financial Services Conference

BofA Securities analyst Ebrahim H. Poonawala upgraded PNC Financial Services Group, Inc. PNC to Buy from Neutral, raising the price objective to $200 from $185.

PNC Financial Upgraded: Analyst Highlights Company's Ability To Capitalize Opportunities From Market Dislocations

Citigroup

It's been a challenging start to the third quarter of 2024 for many stocks throughout the financial sector, and banking is no different. However, plenty of indicators suggest that the brightest bank stocks on Wall Street are well-placed to mount a recovery for investors.

News for PNC Financial Services Stock (PNC)