PNC Financial Services Group, Inc. is a holding company, which engages in the provision of financial services. It operates through the following segments: Retail Banking, Corporate & Institutional Banking, Asset Management Group, and BlackRock. The Retail Banking segment offers deposit, lending, brokerage, investment management, and cash management products and services to consumer and small business customers. The Corporate & Institutional segment covers the lending, treasury management, and capital markets-related products and services to mid-sized and large corporations, government, and not-for-profit entities. The Asset Management Group segment includes personal wealth management for high net worth and ultra high net worth clients and institutional asset management. The BlackRock segment operates as a publicly-traded investment management firm providing a range of investment, risk management and technology services to institutional and retail clients. The company was founded in 1983 and is headquartered in Pittsburgh, PA.
Highlights
PNC's EPS has surged by 51% since the previous quarter and by 47% year-on-year
The company's net income rose by 46% QoQ and by 37% YoY
Key stats
What are the main financial stats of PNC
Market
Shares outstanding
424.5M
Market cap
$47.57B
Enterprise value
$38.02B
Valuations
Price to earnings (P/E)
6.88
Price to book (P/B)
0.9
Price to sales (P/S)
2.7
EV/EBIT
4.86
EV/EBITDA
4.1
EV/Sales
2.15
Earnings
Revenue
$17.7B
EBIT
$7.83B
EBITDA
$9.28B
Free cash flow
$6.05B
Per share
EPS
$16.29
Free cash flow per share
$14.2
Book value per share
$124.74
Revenue per share
$41.54
TBVPS
$1,055.74
Balance sheet
Total assets
$458.98B
Total liabilities
$406.03B
Debt
$47.03B
Equity
$52.92B
Working capital
N/A
Liquidity
Debt to equity
0.89
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
-1.03
Margins
EBITDA margin
52.4%
Gross margin
100%
Net margin
41.3%
Operating margin
41%
Efficiency
Return on assets
1.6%
Return on equity
14.1%
Return on invested capital
1.7%
Return on capital employed
N/A
Return on sales
44.2%
Dividend
Dividend yield
4.1%
DPS
$4.6
Payout ratio
28.2%
PNC stock price
How has the Pnc Financial Services Group stock price performed over time
Financial performance
How have Pnc Financial Services Group's revenue and profit performed over time
Revenue
$17.7B
Gross profit
$17.7B
Operating income
$7.25B
Net income
$7.3B
Gross margin
100%
Net margin
41.3%
The company's net margin rose by 47% QoQ and by 33% YoY
The company's net income rose by 46% QoQ and by 37% YoY
The operating income is up by 6% year-on-year
The company's operating margin rose by 3.3% YoY
Growth
What is Pnc Financial Services Group's growth rate over time
Valuation
What is Pnc Financial Services Group stock price valuation
P/E
6.88
P/B
0.9
P/S
2.7
EV/EBIT
4.86
EV/EBITDA
4.1
EV/Sales
2.15
PNC's EPS has surged by 51% since the previous quarter and by 47% year-on-year
The stock's P/E is 45% less than its 5-year quarterly average of 12.5 and 34% less than its last 4 quarters average of 10.5
PNC's price to book (P/B) is 25% lower than its 5-year quarterly average of 1.2 and 18% lower than its last 4 quarters average of 1.1
The equity has increased by 7% since the previous quarter and by 7% year-on-year
The P/S is 23% less than the 5-year quarterly average of 3.5 and 13% less than the last 4 quarters average of 3.1
Pnc Financial Services Group's revenue has increased by 2.9% YoY
Efficiency
How efficient is Pnc Financial Services Group business performance
Pnc Financial Services Group's return on assets has increased by 45% QoQ and by 23% YoY
PNC's return on equity is up by 45% since the previous quarter and by 33% year-on-year
PNC's return on sales is up by 33% since the previous quarter and by 19% year-on-year
The ROIC is up by 31% since the previous quarter and by 13% year-on-year
Dividends
What is PNC's dividend history
DPS
$4.6
Dividend yield
4.1%
Payout ratio
28.2%
Recent dividends
Financial health
How did Pnc Financial Services Group financials performed over time
The total assets is 13% more than the total liabilities
The company's total liabilities rose by 14% YoY and by 2.5% QoQ
The total assets has increased by 13% YoY and by 3% from the previous quarter
The company's debt is 11% lower than its equity
The debt to equity has declined by 40% since the previous quarter and by 36% year-on-year
The company's debt fell by 36% QoQ and by 32% YoY
All financial data is based on trailing twelve months (TTM) periods - updated
quarterly, unless otherwise specified.