PNC Q2 2020 Earnings — The PNC Financial Services Group, Inc. Revenue & Financial Results | Market Cap Arena

PNCThe PNC Financial Services Group, Inc.

$82B

Q2 2020 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$4.4B-16.1% YoY

Gross Profit

$1.6B36.9% margin

Operating Income

-$902M-20.6% margin

Net Income

$3.6B83.4% margin

EPS (Diluted)

$8.40

QoQ Revenue Growth

-12.8%

Cash Flow

Operating Cash Flow

$3.0B

Free Cash Flow

$3.0B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$459.0B

Total Liabilities

$406.0B

Stockholders' Equity

$52.9B

Cash & Equivalents

$56.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.4B	$5.2B	-16.1%
Gross Profit	$1.6B	$4.0B	-60.0%
Operating Income	-$902M	$1.4B	-163.3%
Net Income	$3.6B	$1.4B	+167.8%

Revenue Segments

Retail Banking 1

$2.0B48%

Corporate & Institutional Banking

$1.8B44%

Asset Management Group

$293M7%

Other Segments

$30M1%