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PNC

PNC Financial Services Group

$173.28

Earnings Summary

Revenue
$5112Mn
Net Profits
$1481Mn
Net Profit Margins
28.97%
PE Ratio
13.61

Highlights

Revenue:

PNC Financial Services Group’s revenue jumped 9.63% since last year same period to $5112Mn in the Q2 2022. On a quarterly growth basis, PNC Financial Services Group has generated 7.94% jump in its revenue since last 3-months.

Net Profits:

PNC Financial Services Group’s net profit jumped 35.75% since last year same period to $1481Mn in the Q2 2022. On a quarterly growth basis, PNC Financial Services Group has generated 5.18% jump in its net profits since last 3-months.

Net Profit Margins:

PNC Financial Services Group’s net profit margin jumped 23.82% since last year same period to 28.97% in the Q2 2022. On a quarterly growth basis, PNC Financial Services Group has generated -2.55% fall in its net profit margins since last 3-months.

PE Ratio:

PNC Financial Services Group’s price-to-earnings ratio after this Q2 2022 earnings stands at 13.61.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the PNC Financial Services Group post its latest quarter earnings

EPS Estimate Current Quarter
3.75
EPS Estimate Current Year
3.75

Highlights

EPS Estimate Current Quarter:

PNC Financial Services Group’s earning per share (EPS) estimates for the current quarter stand at 3.75 - a 20.19% jump from last quarter’s estimates.

EPS Estimate Current Year:

PNC Financial Services Group’s earning per share (EPS) estimates for the current year stand at 3.75.

Key Ratios

Key ratios of the PNC Financial Services Group post its Q2 2022 earnings

Earning Per Share (EPS)
3.39
Return on Assets (ROA)
0.01
Return on Equity (ROE)
0.11
Dividend Per Share (DPS)
5.25

Highlights

Earning Per Share (EPS):

PNC Financial Services Group’s earning per share (EPS) jumped 39.51% since last year same period to 3.39 in the Q2 2022. This indicates that the PNC Financial Services Group has generated 39.51% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. PNC Financial Services Group’s return on assets (ROA) stands at 0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. PNC Financial Services Group’s return on equity (ROE) stands at 0.11.

Dividend Per Share (DPS):

PNC Financial Services Group declared 5.25 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-04
2.73
3.23
18.32%
2022-08-02
3.12
3.39
8.65%

Company Information

he PNC Financial Services Group, Inc. is one of the largest diversified financial services institutions in the United States, organized around its customers and communities for strong relationships and local delivery of retail and business banking including a full range of lending products; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management.

Organisation
PNC Financial Services Group
Headquarters
Pittsburgh, Pennsylvania, US
Employees
50.4K
Industry
Finance
CEO
William Demchak