PNC Q2 2022 Earnings — The PNC Financial Services Group, Inc. Revenue & Financial Results | Market Cap Arena

PNCThe PNC Financial Services Group, Inc.

$84B

Q2 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$5.3B+11.7% YoY

Gross Profit

$5.1B95.0% margin

Operating Income

$1.8B34.3% margin

Net Income

$1.5B27.7% margin

EPS (Diluted)

$3.39

QoQ Revenue Growth

+11.0%

Cash Flow

Operating Cash Flow

$2.6B

Free Cash Flow

$2.6B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$540.8B

Total Liabilities

$493.1B

Stockholders' Equity

$47.7B

Cash & Equivalents

$37.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.3B	$4.8B	+11.7%
Gross Profit	$5.1B	$4.4B	+16.4%
Operating Income	$1.8B	$1.3B	+39.6%
Net Income	$1.5B	$1.1B	+35.7%

Revenue Segments

Retail Banking 1

$2.4B47%

Corporate & Institutional Banking

$2.2B43%

Asset Management Group

$387M8%

Other Segments

$119M2%