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Form 8-K · Current Report · Filed 2024-10-15

PNC Reports Third Quarter 2024 Earnings of $1.5 Billion

The PNC Financial Services Group, Inc. reported third-quarter 2024 net income of $1.5 billion, with earnings per diluted share of $3.49. The company saw growth in net interest income, fee income, and tangible book value per share. Total revenue for the quarter was $5.4 billion, a slight increase from the previous quarter. PNC also provided supplementary financial information and press releases as exhibits.

Filer
PNC Financial Services Group, Inc. PNC · NYSE
Filed
Accession
0000713676-24-000070
CIK
0000713676
Signal
Low impactFinancial Services

Items reported

Item 2.02

Results of Operations and Financial Condition

General Statement
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$188.52

Next session

+0.7%

Since filing

+32.5%

Latest close

$249.87

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from PNC reporting the same item, with the next session's move:

Exhibits (2)

About PNC Financial Services Group, Inc.

PNC Financial Services Group, Inc. is a diversified financial services institution that delivers comprehensive banking and financial solutions across the United States. Renowned for its broad range of services, PNC offers personal banking, mortgage and loan products, as well as wealth management and institutional banking solutions. It serves individual consumers, small businesses, and corporations, providing tailored services to meet various financial needs. PNC is distinguished by its regional community banking model, fostering strong local connections while offering the capabilities of a large financial organization. The company plays a crucial role in the financial market by facilitating capital flow and supporting economic growth through its lending and financial advisory services. As one of the largest banks in the United States, PNC continues to expand its footprint and enhance customer satisfaction through technology-driven innovations and strategic growth initiatives.

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