PNC FINANCIAL SERVICES GROUP, INC.PNC

Market cap
$72.6B
P/E ratio
12.9x
Dec 31,
2011
Dec 31,
2012
Dec 31,
2013
Dec 31,
2014
Dec 31,
2015
Dec 31,
2016
Dec 31,
2017
Dec 31,
2018
Dec 31,
2019
Dec 31,
2020
Dec 31,
2021
Dec 31,
2022
Dec 31,
2023
Net income3,0713,0014,2274,207,000,0004,1433,9855,3885,3465,4187,5585,7256,1135,647
Provision For (Recapture of) Credit Losses---------3,175-779477742
Depreciation, amortization and accretion1,1401,1591,146988,000,0001,088,000,0001,193,000,0001,1171,1291,3151,4971,773651217
Deferred income taxes (benefit)----------2,239178351-252
Net losses (gains) on sales of securities---------30564-7-
Mortgage Servicing Rights Valuation Adjustment726284-514,000,000274,000,000179,000,00032317264579985-543298
Mortgage Servicing Rights Valuation Adjustment726284-514,000,000274,000,000179,000,00032317264579985-543298
Gain on sale of BlackRock---------5,740---
Undistributed earnings of BlackRock---------174---
Trading securities and other short-term investments-330-1,350455-757,000,000-203,000,0001,167,000,000-305893-560-957-671-433767
Loans held for sale and related securitization activity-771,12594405,000,000-393,000,000935,000,0001,148-1,635123372480-1,041-210
Other assets4,142-1,928-3,9548,000,000-1,568,000,000644,000,000-757-108788927454877-2,312
Accrued expenses and other liabilities3,330-697-4,001169,000,000-1,788,000,000652,000,000-704295132-254753599507
Other operating activities, net328308221522,000,000396,000,000-100,000,000-350-32341-684194-831-1,197
Net cash provided (used) by operating activities6,0356,827-----7,8407,3634,6597,2149,08310,111
Securities available for sale-------7,5057,75513,85126,3294,13736
Net proceeds from sale of BlackRock---------14,225---
Loans1,7701,6112,5592,870,000,0002,040,000,0001,897,000,0002,0011,3231,6641,8941,8435,643979
Loans1,7701,6112,5592,870,000,0002,040,000,0001,897,000,0002,0011,3231,6641,8941,8435,643979
Securities available for sale6,0749,1959,6686,915,000,0007,920,000,00011,061,000,00010,7349,38811,97430,90130,69113,3246,916
Securities held to maturity2,8593,1742,4831,987,000,0002,032,000,0003,209,000,0002,9482,4473,348601315,1157,003
Securities available for sale-------23,41823,73945,35685,49625,5823,805
Securities held to maturity1,6071,4791,883500,000,0004,896,000,0004,305,000,0005,6053,3701,751538715,4231,857
Loans2,4011,7961,975750,000,000748,000,0001,334,000,0008416901,0271,9821,8912,07410,195
Federal funds sold and resale agreements1,487732-530131,000,000481,000,000126,000,000-245-5,8374,8991,738-24-718573
Interest-earning deposits with banks441-2,526-8,151-19,643,000,0001,233,000,0004,835,000,000-2,88417,702-12,520-61,76024,23646,930-16,519
Loans-----------15,61641,735-12,440
Net cash paid for acquisition---------75-10,511--
Purchases of bank owned life insurance200---------95050-
Other investing activities, net160-97-129137,000,000706,000,000952,000,0001,3401,6847051,2642,6822,9951,950
Net cash provided (used) by investing activities-6,549-17,261------3,969-24,990-51,122-2,795-13,428-6,379
Noninterest-bearing deposits8,9097,1493413,182,000,0005,765,000,0001,212,000,000-264-6,016-1,16639,8516,697-30,662-23,189
Interest-bearing deposits-4,8639027,4638,130,000,00010,812,000,0007,367,000,0008,2558,69021,88236,947-3209,6938,337
Federal funds purchased and repurchase agreements-1,151-2965-778,000,000-1,733,000,00018,000,000-1483924,260-5,861-46-2359
Short-term Federal Home Loan Bank borrowings1,07610,50012,960------6,300---
Other borrowed funds---221,000,000147,000,000272,000,00045920-49512344636-549
Other borrowed funds---221,000,000147,000,000272,000,00045920-49512344636-549
Federal Home Loan Bank borrowings1,00013,00016,43515,685,000,0002,250,000,0001,000,000,00011,0009,50012,0409,060-32,0756,000
Senior debt-----------3,68810,464
Subordinated debt-9951,986745,000,000---1,243744--847-
Other borrowed funds---505,000,000694,000,000165,000,0004275001,131647822796824
Preferred stock9882,449496--519,000,000----1,4842,2251,484
Common and treasury stock72158244252,000,000139,000,000151,000,000132699065666872
Federal Home Loan Bank borrowings---8,592,000,0002,147,000,0003,559,000,0007,51210,53622,00015,6013,680-75
Senior debt-----------6,250750
Subordinated debt1,9421,769731-57,000,000524,000,000488,000,0002,758575700--1,0001,500
Other borrowed funds---467,000,0001,622,000,000541,000,0003185481,174639823807802
Preferred stock redemption--375---1,000--480-1,5001,000
Acquisition of treasury stock73216241,176,000,0002,152,000,0002,062,000,0002,4472,8773,5781,6241,0793,731651
Preferred stock cash dividends paid56177237232,000,000219,000,000209,000,000236236236229233301417
Common stock cash dividends paid6048209111,000,000,0001,038,000,0001,061,000,0001,2661,6011,8951,9802,0562,3912,461
Net cash provided (used) by financing activities1,32211,549----9,686-3,51217,08048,419-3,4323,384-3,854
Net Increase (Decrease) In Cash And Due From Banks And Restricted Cash---------5471,956987-961-122
Net Cash Provided By Discontinued Operations---------11,542---
Net Cash Provided (Used) By Continuing Operations----------9,586987-961-
Interest paid1,5171,208891863,000,0001,005,000,0001,317,000,0001,7432,8353,7421,2925822,1729,451
Income taxes paid842392341,102,000,000919,000,000658,000,000723724303,410675197997
Income taxes refunded4116312,000,000286,000,000111,000,0002446817107326832
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability--------317122337326237
Transfer from Investments-----------88,605-
Transfer from loans to loans held for sale, net---724,000,000285,000,000606,000,0004194039581,379869435380
Transfer from loans to loans held for sale, net---724,000,000285,000,000606,000,0004194039581,379869435380
Transfer from loans to foreclosed assets8221,042703604,000,000435,000,000281,000,00021519317464275856
Transfer from loans to foreclosed assets8221,042703604,000,000435,000,000281,000,00021519317464275856
Adjustment to assets and liabilities related to partially financed investment exits------------834
Interest paid1,5171,208891863,000,0001,005,000,0001,317,000,0001,7432,8353,7421,2925822,1729,451
Income taxes paid842392341,102,000,000919,000,000658,000,000723724303,410675197997
Income taxes refunded4116312,000,000286,000,000111,000,0002446817107326832
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability--------317122337326237
Transfer from Investments-----------88,605-
Transfer from loans to loans held for sale, net---724,000,000285,000,000606,000,0004194039581,379869435380
Transfer from loans to loans held for sale, net---724,000,000285,000,000606,000,0004194039581,379869435380
Transfer from loans to foreclosed assets8221,042703604,000,000435,000,000281,000,00021519317464275856
Transfer from loans to foreclosed assets8221,042703604,000,000435,000,000281,000,00021519317464275856
Adjustment to assets and liabilities related to partially financed investment exits------------834