Pnc Financial Services Group, Inc. Income Statement

Income Statement Dec2009 Dec2010 Dec2011 Dec2012 Dec2013 Dec2014 Dec2015 Dec2016 Dec2017 Dec2018 Dec2019 Dec2020 Dec2021 Dec2022 Dec2023 Dec2024
Revenue & Cost
Provisions 3.93B2.50B1.15B0.99B0.64B0.27B0.26B0.43B0.44B0.41B0.77B3.17B-0.89B0.48B0.79B0.79B
Revenue 16.23B15.18B14.33B15.51B16.01B15.38B15.22B15.16B16.33B16.19B16.84B16.90B19.21B21.12B21.49B21.55B
Interest income
Interest income - Loans 8.92B8.28B7.59B8.28B7.87B7.43B7.20B7.41B8.24B9.58B10.53B8.93B9.01B11.79B18.30B19.35B
Interest income - Investments 0.84B2.18B2.51B2.66B3.10B3.12B3.11B2.91B3.28B2.64B3.57B13.70B3.98B3.92B2.50B4.00B
Interest Income - Debt Securities 3.31B3.04B3.49B4.03B3.10B2.93B2.62B2.52B2.95B2.62B2.58B2.39B3.19B3.18B3.84B4.12B
Interest Income - Trading Account Assets 0.06B0.04B
Other interest income 0.48B0.48B0.44B0.41B0.39B0.38B0.44B0.41B0.58B0.74B0.81B0.34B0.29B0.92B2.46B2.92B
Interest Income - Total 12.09B11.15B10.19B10.73B10.01B9.43B9.32B9.65B10.81B12.58B13.76B11.31B11.13B15.44B24.31B26.38B
Interest expenses
Interest Expense - Deposits 1.74B0.96B0.67B0.39B0.34B0.33B0.40B0.43B0.62B1.23B1.99B0.64B0.13B1.27B6.61B8.40B
Interest Expense - Debt 1.26B0.96B0.83B0.71B0.52B0.58B0.64B0.83B1.08B1.63B1.81B0.72B0.36B1.16B3.78B4.48B
Interest Expenses 3.00B1.92B1.49B1.09B0.86B0.91B1.04B1.26B1.71B2.86B3.80B1.36B0.49B2.42B10.39B12.88B
Interest Income - Net 9.08B9.23B8.70B9.64B9.15B8.53B8.28B8.39B9.11B9.72B9.96B9.95B10.65B13.01B13.92B13.50B
Non-interest income
Interest Income - Total 6.70B7.50B8.70B8.50B8.30B8.00B8.00B8.70B9.30B9.20B
Financial Services Fees 1.29B1.26B1.24B1.14B0.45B0.50B0.47B0.58B1.44B1.41B1.49B
Service Charges 0.95B0.70B0.53B0.57B0.60B0.66B0.65B0.67B0.69B1.84B1.81B1.13B1.23B1.26B
Investment Gain (Loss) 0.55B0.43B0.25B0.20B0.10B0.00B0.04B0.02B0.01B0.05B0.30B0.06B1.30B0.95B1.25B
Asset Management 0.86B1.05B1.09B1.17B1.34B1.51B1.57B1.52B1.94B
Mortgage Banking 0.99B0.70B0.71B0.28B0.87B0.62B0.57B0.57B0.35B0.65B0.62B0.58B
Other Non-Interest Income 3.15B3.49B2.26B1.87B1.59B1.39B1.34B1.04B1.08B0.76B0.97B0.24B0.32B0.95B0.62B0.71B
Non-Interest Income 7.14B5.95B5.63B5.87B6.87B6.85B6.95B6.77B7.22B6.47B6.87B6.96B8.56B8.11B7.57B8.06B
Operating Items
Depreciation & Amortization - Total 0.69B0.67B0.66B0.73B0.76B0.86B0.93B0.97B1.06B1.10B1.21B1.18B1.41B1.40B1.41B1.53B
Wages, Salaries and Other 4.12B3.91B3.97B4.62B4.74B4.61B4.83B4.87B5.27B5.47B5.65B5.67B7.14B7.24B7.43B7.30B
Rent Expense 0.71B0.73B0.74B0.83B0.83B0.83B0.84B0.86B0.87B0.82B0.83B0.83B0.94B0.99B0.98B0.95B
Other Operating Expenses 7.67B7.21B7.71B8.92B8.09B7.80B7.70B7.64B8.46B8.38B8.53B8.29B10.65B10.78B11.62B11.04B
Operating Expenses 9.07B8.61B9.11B10.49B9.68B9.49B9.46B9.48B10.40B10.30B10.57B10.30B13.00B13.17B14.01B13.52B
EBIT 6.23B5.98B5.56B5.13B6.55B6.52B6.55B6.51B7.20B8.35B9.29B4.79B7.47B9.89B17.13B20.13B
Net income details
EBT 3.23B4.06B4.07B4.04B5.69B5.61B5.51B5.25B5.49B5.49B5.49B3.43B6.99B7.47B6.74B7.24B
Tax Provisions 0.87B1.04B1.00B1.04B1.48B1.41B1.36B1.27B0.10B0.93B0.90B0.43B1.26B1.36B1.09B1.29B
Profit After Tax 2.40B3.40B3.07B2.99B4.21B4.21B4.14B3.98B5.39B5.35B5.42B7.56B5.72B6.11B5.65B5.95B
Income from Non-Controlling Interests -0.04B-0.01B0.01B-0.01B0.01B0.02B0.04B0.08B0.05B0.04B0.05B0.04B0.05B0.07B0.07B0.06B
Income from Continuing Operations 2.36B3.02B3.07B2.99B4.21B4.21B4.14B3.98B5.39B4.56B4.59B3.00B5.72B6.11B5.65B5.95B
Consolidated Net Income 0.04B0.37B3.07B2.99B4.21B4.21B4.14B3.98B5.39B0.94B0.99B5.78B5.72B6.11B5.65B5.95B
Income towards Parent Company 0.04B0.37B3.07B2.99B4.21B4.21B4.14B3.98B5.39B0.94B0.99B5.78B5.72B6.11B5.65B5.95B
Preferred Dividend Payments 0.39B0.15B0.06B0.18B0.24B0.23B0.22B0.21B0.24B0.24B0.24B0.23B0.23B0.30B0.42B0.35B
Net Income towards Common Stockholders 2.00B3.01B3.00B2.82B3.95B3.95B3.88B3.69B5.08B5.06B5.13B7.28B5.44B5.74B5.15B5.53B
Additional items
EPS (Basic) 4.405.805.705.337.457.447.527.4210.4910.7911.4316.9912.7113.8612.8013.76
EPS (Weighted Average and Diluted) 4.365.745.645.287.367.307.397.3010.3610.7111.3916.9612.7013.8512.7913.74
Shares Outstanding (Weighted Average) 0.46B0.53B0.53B0.53B0.53B0.53B0.51B0.49B0.48B0.46B0.44B0.42B0.42B0.40B0.40B0.40B
Shares Outstanding (Diluted Average) 0.46B0.52B0.53B0.53B0.53B0.54B0.52B0.50B0.49B0.47B0.45B0.43B0.43B0.41B0.40B0.40B
EBITDA 4.72B6.89B9.49B3.31B-4.54B
Tax Rate 26.88%25.54%24.53%25.87%25.95%25.06%24.77%24.14%1.86%16.92%16.41%12.42%18.07%18.20%16.17%17.80%