PNC Q3 2024 Earnings — The PNC Financial Services Group, Inc. Revenue & Financial Results | Market Cap Arena

PNCThe PNC Financial Services Group, Inc.

$84B

Q3 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$8.8B+10.3% YoY

Gross Profit

$5.2B58.7% margin

Operating Income

$1.9B21.1% margin

Net Income

$1.5B16.8% margin

EPS (Diluted)

$3.49

QoQ Revenue Growth

+11.4%

Cash Flow

Operating Cash Flow

$3.3B

Free Cash Flow

$3.3B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$564.9B

Total Liabilities

$509.2B

Stockholders' Equity

$55.7B

Cash & Equivalents

$41.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$8.8B	$8.0B	+10.3%
Gross Profit	$5.2B	$5.1B	+1.7%
Operating Income	$1.9B	$1.9B	+0.2%
Net Income	$1.5B	$1.6B	-4.1%

Revenue Segments

Retail Banking 1

$3.5B54%

Corporate & Institutional Banking

$2.6B40%

Asset Management Group

$403M6%