PNCThe PNC Financial Services Group, Inc.

$84B

Q2 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$7.9B+2.7% YoY

Gross Profit

$4.4B55.7% margin

Operating Income

$1.8B22.9% margin

Net Income

$1.5B18.4% margin

EPS (Diluted)

$3.39

QoQ Revenue Growth

-5.3%

Cash Flow

Operating Cash Flow

$1.0B

Free Cash Flow

$1.0B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$556.5B

Total Liabilities

$503.8B

Stockholders' Equity

$52.6B

Cash & Equivalents

$39.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$7.9B	$7.7B	+2.7%
Gross Profit	$4.4B	$5.1B	-14.1%
Operating Income	$1.8B	$1.8B	+2.5%
Net Income	$1.5B	$1.5B	-1.6%

Revenue Segments

Retail Banking 1

$4.1B59%

Corporate & Institutional Banking

$2.5B35%

Asset Management Group

$398M6%

PNC Q2 2024 Earnings — The PNC Financial Services Group, Inc. Revenue & Financial Results | Market Cap Arena