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PNC - The PNC Financial Se...

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The PNC Financial Services Group, Inc.

PNC

NYSE

The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States. The company's Retail Banking segment offers checking, savings, and money market accounts, as well as certificates of deposit; residential mortgages, home equity loans and lines of credit, auto loans, credit cards, education loans, and personal and small business loans and lines of credit; and brokerage, insurance, and investment and cash management services. This segment serves consumer and small business customers through a network of branches, ATMs, call centers, and online and mobile banking channels. Its Corporate & Institutional Banking segment provides secured and unsecured loans, letters of credit, and equipment leases; cash and investment management services, receivables and disbursement management services, funds transfer services, international payment services, and access to online/mobile information management and reporting; foreign exchange, derivatives, fixed income, securities underwriting, loan syndications, and mergers and acquisitions and equity capital markets advisory related services; and commercial loan servicing and technology solutions. It serves mid-sized and large corporations, and government and not-for-profit entities. The company's Asset Management Group segment offers investment and retirement planning, customized investment management, credit and cash management solutions, and trust management and administration services for high net worth and ultra high net worth individuals, and their families; and multi-generational family planning services for ultra high net worth individuals and their families. It also provides outsourced chief investment officer, custody, private real estate, cash and fixed income client solutions, and fiduciary retirement advisory services for institutional clients. The company has 2,591 branches and 9,502 ATMs. The company was founded in 1852 and is headquartered in Pittsburgh, Pennsylvania.

172.99 USD

4.15 (2.4%)

PNC Financial Statements

Year

2024

2023

2022

2021

CF from Operating Activities

7.88B

10.11B

9.08B

7.21B

Net Income

5.95B

5.65B

6.11B

5.72B

Depreciation & Amortization

259M

217M

651M

1.77B

Deferred Income Taxes

-30M

-252M

351M

178M

Stock Based Compensation

0

0

0

0

Change in Working Capital

-587M

2.26B

653M

575M

Accounts Receivable

0

0

0

0

Inventory

0

0

0

0

Accounts Payable

0

0

0

0

Other Working Capital

-587M

2.26B

653M

575M

Other Non-Cash Items

2.29B

2.24B

1.31B

-194M

CF from Investing Activities

-3.23B

-6.38B

-13.43B

-2.79B

Investments in Property, Plant & Equipment

0

0

0

0

Net Acquisitions

0

0

0

-10.51B

Investment Purchases

-32.11B

-5.66B

-41.01B

-85.58B

Sales/Maturities of Investments

26.59B

13.96B

22.58B

57.15B

Other Investing Activites

2.29B

-14.67B

5B

36.15B

CF from Financing Activities

-9.12B

-3.85B

3.38B

-3.43B

Debt Repayment

0

13.61B

-8.06B

-10.5B

Common Stock Issued

69M

72M

68M

66M

Common Stock Repurchased

-1.19B

-1.65B

-5.23B

-1.08B

Dividends Paid

-2.89B

-2.88B

-2.69B

-2.29B

Other Financing Activites

5.23B

-14.49B

-20.97B

6.33B

Free Cash Flow

7.88B

10.11B

9.08B

7.21B

Operating Cash Flow

7.88B

10.11B

9.08B

7.21B

Capital Expenditures

0

0

0

0

Cash at Beginning of Period

50.73B

7.04B

8B

7.02B

Cash at End of Period

46.25B

6.92B

7.04B

8B

Net Change In Cash

-4.47B

-122M

-961M

987M

Retained Earning Schedule

Year

2024

2023

2022

2021

Retained Earnings (Previous Year)

56.29B

53.57B

50.23B

46.85B

Net Income

5.89B

5.58B

6.04B

5.67B

Stock Repurchases

-1.19B

-1.65B

-5.23B

-1.08B

Dividend Paid

-2.89B

-2.88B

-2.69B

-2.29B

Retained Earnings

59.28B

56.29B

53.57B

50.23B

Other Distributions

-1.08B

-1.81B

-4.58B

12M

PPE Schedule

Year

2024

2023

2022

2021

Gross PPE

0

0

10.61B

1.92B

Annual Depreciation

312M

217M

651M

1.77B

Capital Expenditure

0

0

0

0

Net PPE

-312M

-217M

9.96B

146M

Intangible and Goodwill Schedule

Year

2024

2023

2022

2021

Acquisitions and Adjustments

0

-55M

71M

1.68B

Goodwill (Previous Year)

10.93B

10.99B

10.92B

9.23B

Goodwill

10.93B

10.93B

10.99B

10.92B

All figures are in USD.

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