Categories AlphaGraphs, Earnings, Finance
PNC Financial Services Group reports Q3 earnings. Here’s all you need to know
The PNC Financial Services Group, Inc. (NYSE: PNC) reported lower revenue and earnings for the third quarter of 2023. An increase in profit in the Retail Banking and Corporate & Institutional Banking segments was more than offset by declines in the other divisions.
Net income attributable to common shareholders was $1.57 billion or $3.60 per share in the September quarter, compared to $1.64 billion, or $3.78 per share in the prior-year period.
Revenues declined 6% annually to $5.23 billion during the three-month period. Total deposits amounted to $423.6 billion, and the company had total loans of $319.5 billion at the end of the quarter.
Prior performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Key metrics from Medtronic’s (MDT) Q4 2024 earnings results
Medtronic plc (NYSE: MDT) reported fourth quarter 2024 earnings results today. Worldwide revenue was $8.6 billion, up 0.5% on a reported basis and 5.4% on an organic basis. Net income
NVDA Earnings: Nvidia Q1 2025 profit jumps and beats estimates; guides Q2
GPU behemoth NVIDIA Corporation (NASDAQ: NVDA) on Wednesday reported a multi-fold increase in first-quarter earnings, reflecting continued strong revenue growth. The results also topped expectations. The tech firm's revenues climbed
A few points to note on Lowe’s (LOW) performance in Q1 2024
Shares of Lowe’s Companies Inc. (NYSE: LOW) were down over 1% on Wednesday. The stock has gained 9% over the past 12 months. The home improvement retailer reported its first
