PNC Q1 2021 Earnings — The PNC Financial Services Group, Inc. Revenue & Financial Results | Market Cap Arena

PNCThe PNC Financial Services Group, Inc.

$84B

Q1 2021 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$4.3B-13.7% YoY

Gross Profit

$4.8B110.3% margin

Operating Income

$2.2B50.8% margin

Net Income

$1.8B42.0% margin

EPS (Diluted)

$4.10

QoQ Revenue Growth

-0.4%

Cash Flow

Operating Cash Flow

$780M

Free Cash Flow

$780M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$474.4B

Total Liabilities

$420.5B

Stockholders' Equity

$53.8B

Cash & Equivalents

$93.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.3B	$5.0B	-13.7%
Gross Profit	$4.8B	$3.4B	+39.4%
Operating Income	$2.2B	$879M	+149.9%
Net Income	$1.8B	$908M	+100.0%

Revenue Segments

Retail Banking 1

$2.0B48%

Corporate & Institutional Banking

$1.8B43%

Asset Management Group

$322M8%

Other Segments

$84M2%