PNC Financial Services Group Past Earnings Performance
Past criteria checks 2/6
PNC Financial Services Group has been growing earnings at an average annual rate of 8.8%, while the Banks industry saw earnings growing at 8.4% annually. Revenues have been growing at an average rate of 8.3% per year. PNC Financial Services Group's return on equity is 10%, and it has net margins of 23.4%.
Key information
8.8%
Earnings growth rate
11.3%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 8.3% |
| Return on equity | 10.0% |
| Net Margin | 23.4% |
| Next Earnings Update | 15 Oct 2024 |
Recent past performance updates
Recent updates
PNC Financial: Interest Rate Cuts Could Increase Lending
Sep 09PNC Financial: Undramatic, Undervalued, And Underrated
Jun 26Increases to CEO Compensation Might Be Put On Hold For Now at The PNC Financial Services Group, Inc. (NYSE:PNC)
Apr 19
Dissecting PNC Financial: What This Super-Regional Bank Tells Us About The Economy
Apr 18PNC Financial: Nothing Spectacular But Valuation Is Modest
Feb 07One Of The Best - Why PNC Financial Is Such A Great Regional Bank
Jan 31Does PNC Financial Services Group (NYSE:PNC) Deserve A Spot On Your Watchlist?
Dec 28PNC Financial: Margin Squeeze Offset By Dividend Income Potential (Ratings Downgrade)
Dec 15PNC Financial: Fully Valued With Buybacks 2+ Years Away
Nov 13PNC Financial Will Be Back, But Needs Lower Rates First
Oct 17PNC Financial: One Of The Best Regional Banks Money Can Buy
Oct 09Here's Why We Think PNC Financial Services Group (NYSE:PNC) Is Well Worth Watching
Sep 25PNC Financial: Upgrade To Strong Buy, Near 5% Dividend Yield
Sep 14Seeking Value With PNC Financial Services Group
Sep 01Is PNC Stock A Buy Following Q2 Earnings? Deposit Resiliency Keeps Shares Attractive
Jul 19PNC Financial: Buy This 5% Yielding Blue-Chip Bargain Before Everyone Else Does
Jul 13PNC Financial Services Group (NYSE:PNC) Is Increasing Its Dividend To $1.55
Jul 07Do PNC Financial Services Group's (NYSE:PNC) Earnings Warrant Your Attention?
Jun 26PNC Financial: Now A Value Stock With A 4.9% Yield
Jun 23PNC Financial: An Attractive Looking Compounder
Jun 15Big Banks Have Massive Exposure: A Review Of PNC Bank
May 25PNC Financial Services Group (NYSE:PNC) Is Paying Out A Dividend Of $1.50
Apr 07PNC Financial: My, Oh My, This Is Great DGI
Jan 28PNC Financial Q4 2022 Earnings Preview
Jan 17PNC Financial scales up its environmental finance pledge by 50%
Jan 11PNC Financial declares $1.50 dividend
Jan 04PNC Financial: Banking On It
Dec 12Regional Bank Round-Up
Nov 08Bank Earnings Hit On Friday: PNC Is Cheap, Shares Dangling At Support
Oct 11The PNC Financial Services Group declares $1.50 dividend
Oct 03PNC Financial acquires restaurant POS system Linga
Sep 26Revenue & Expenses Breakdown
How PNC Financial Services Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 20,399 | 4,775 | 10,032 | 0 |
| 31 Mar 24 | 20,370 | 4,767 | 10,113 | 0 |
| 31 Dec 23 | 20,748 | 5,126 | 10,171 | 0 |
| 30 Sep 23 | 20,974 | 5,787 | 10,171 | 0 |
| 30 Jun 23 | 21,178 | 5,897 | 10,197 | 0 |
| 31 Mar 23 | 21,111 | 5,952 | 10,120 | 0 |
| 31 Dec 22 | 20,643 | 5,708 | 9,986 | 0 |
| 30 Sep 22 | 20,742 | 5,521 | 10,153 | 0 |
| 30 Jun 22 | 20,834 | 5,379 | 10,362 | 0 |
| 31 Mar 22 | 20,119 | 5,014 | 10,148 | 0 |
| 31 Dec 21 | 19,990 | 5,409 | 9,811 | 0 |
| 30 Sep 21 | 18,998 | 5,582 | 9,075 | 0 |
| 30 Jun 21 | 17,827 | 5,621 | 8,357 | 0 |
| 31 Mar 21 | 15,075 | 3,760 | 8,020 | 0 |
| 31 Dec 20 | 13,726 | 2,694 | 7,911 | 0 |
| 30 Sep 20 | 13,364 | 2,374 | 7,909 | 0 |
| 30 Jun 20 | 13,194 | 2,025 | 7,908 | 0 |
| 31 Mar 20 | 15,616 | 3,962 | 7,946 | 0 |
| 31 Dec 19 | 16,066 | 4,281 | 7,992 | 0 |
| 30 Sep 19 | 16,158 | 4,490 | 7,817 | 0 |
| 30 Jun 19 | 16,368 | 4,711 | 7,787 | 0 |
| 31 Mar 19 | 16,577 | 4,883 | 7,744 | 0 |
| 31 Dec 18 | 15,782 | 4,252 | 7,677 | 0 |
| 30 Sep 18 | 16,667 | 5,779 | 7,781 | 0 |
| 30 Jun 18 | 16,393 | 5,505 | 7,649 | 0 |
| 31 Mar 18 | 16,111 | 5,246 | 7,560 | 0 |
| 31 Dec 17 | 15,888 | 5,053 | 7,445 | 0 |
| 30 Sep 17 | 15,560 | 4,013 | 7,177 | 0 |
| 30 Jun 17 | 15,307 | 3,885 | 7,138 | 0 |
| 31 Mar 17 | 15,012 | 3,776 | 7,054 | 0 |
| 31 Dec 16 | 14,729 | 3,662 | 6,955 | 0 |
| 30 Sep 16 | 14,701 | 3,637 | 6,929 | 0 |
| 30 Jun 16 | 14,653 | 3,711 | 6,879 | 0 |
| 31 Mar 16 | 14,806 | 3,786 | 6,844 | 0 |
| 31 Dec 15 | 14,970 | 3,864 | 6,847 | 0 |
| 30 Sep 15 | 15,086 | 3,900 | 6,773 | 0 |
| 30 Jun 15 | 15,178 | 3,872 | 6,726 | 0 |
| 31 Mar 15 | 15,096 | 3,878 | 6,662 | 0 |
| 31 Dec 14 | 15,102 | 3,936 | 6,556 | 0 |
| 30 Sep 14 | 15,167 | 3,956 | 6,550 | 0 |
| 30 Jun 14 | 15,164 | 3,944 | 6,523 | 0 |
| 31 Mar 14 | 15,344 | 3,999 | 6,528 | 0 |
| 31 Dec 13 | 15,369 | 3,934 | 6,585 | 0 |
Quality Earnings: PNC has high quality earnings.
Growing Profit Margin: PNC's current net profit margins (23.4%) are lower than last year (27.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PNC's earnings have grown by 8.8% per year over the past 5 years.
Accelerating Growth: PNC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PNC had negative earnings growth (-19%) over the past year, making it difficult to compare to the Banks industry average (-15.9%).
Return on Equity
High ROE: PNC's Return on Equity (10%) is considered low.