PNC Q3 2020 Earnings — The PNC Financial Services Group, Inc. Revenue & Financial Results | Market Cap Arena

PNCThe PNC Financial Services Group, Inc.

$82B

Q3 2020 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$4.4B-15.6% YoY

Gross Profit

$4.2B95.6% margin

Operating Income

$1.7B38.4% margin

Net Income

$1.5B34.3% margin

EPS (Diluted)

$3.39

QoQ Revenue Growth

+1.2%

Cash Flow

Operating Cash Flow

$393M

Free Cash Flow

$393M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$461.8B

Total Liabilities

$408.5B

Stockholders' Equity

$53.3B

Cash & Equivalents

$77.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.4B	$5.2B	-15.6%
Gross Profit	$4.2B	$4.1B	+4.2%
Operating Income	$1.7B	$1.4B	+18.2%
Net Income	$1.5B	$1.2B	+30.1%

Revenue Segments

Retail Banking 1

$2.1B48%

Corporate & Institutional Banking

$1.7B41%

Asset Management Group

$310M7%

Other Segments

$180M4%