PNC Q1 2022 Earnings — The PNC Financial Services Group, Inc. Revenue & Financial Results | Market Cap Arena

PNCThe PNC Financial Services Group, Inc.

$84B

Q1 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$4.8B+11.3% YoY

Gross Profit

$4.9B101.8% margin

Operating Income

$1.7B35.9% margin

Net Income

$1.4B29.2% margin

EPS (Diluted)

$3.23

QoQ Revenue Growth

-7.8%

Cash Flow

Operating Cash Flow

-$989M

Free Cash Flow

-$989M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$541.2B

Total Liabilities

$492.0B

Stockholders' Equity

$49.2B

Cash & Equivalents

$56.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.8B	$4.3B	+11.3%
Gross Profit	$4.9B	$4.8B	+2.7%
Operating Income	$1.7B	$2.2B	-21.3%
Net Income	$1.4B	$1.8B	-22.5%

Revenue Segments

Retail Banking 1

$2.3B49%

Corporate & Institutional Banking

$1.9B41%

Asset Management Group

$386M8%

Other Segments

$83M2%