PNC Q3 2022 Earnings — The PNC Financial Services Group, Inc. Revenue & Financial Results | Market Cap Arena

PNCThe PNC Financial Services Group, Inc.

$84B

Q3 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$6.2B+16.8% YoY

Gross Profit

$5.3B85.5% margin

Operating Income

$2.0B32.7% margin

Net Income

$1.6B26.2% margin

EPS (Diluted)

$3.78

QoQ Revenue Growth

+16.1%

Cash Flow

Operating Cash Flow

$3.4B

Free Cash Flow

$3.4B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$559.5B

Total Liabilities

$512.8B

Stockholders' Equity

$46.7B

Cash & Equivalents

$46.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.2B	$5.3B	+16.8%
Gross Profit	$5.3B	$5.4B	-1.7%
Operating Income	$2.0B	$1.8B	+11.9%
Net Income	$1.6B	$1.5B	+10.2%

Revenue Segments

Retail Banking 1

$2.7B49%

Corporate & Institutional Banking

$2.2B40%

Asset Management Group

$396M7%

Other Segments

$179M3%