PNC Historical Income Statement
PNC Stock | USD 158.06 0.45 0.29% |
Historical analysis of PNC Financial income statement accounts such as EBITDA of 19.7 B, Total Operating Expenses of 367.5 M, Net Income of 5.9 B or Income Tax Expense of 666.7 M can show how well PNC Financial Services performed in making a profits. Evaluating PNC Financial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of PNC Financial's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining PNC Financial Services latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether PNC Financial Services is a good buy for the upcoming year.
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About PNC Income Statement Analysis
PNC Financial Services Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to PNC Financial shareholders. The income statement also shows PNC investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
PNC Financial Income Statement Chart
PNC Financial Services Income Statement is one of the three primary financial statements used for reporting PNC's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of PNC Financial Services revenue and expense. PNC Financial Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, PNC Financial's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 19.5 B, whereas Other Operating Expenses is forecasted to decline to about 2.3 B. Add Fundamental
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of PNC Financial Services. It is also known as PNC Financial overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from PNC Financial Services operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of PNC Financial Services is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in PNC Financial Services financial statement analysis. It represents the amount of money remaining after all of PNC Financial Services operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from PNC Financial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into PNC Financial Services current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PNC Financial Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. At present, PNC Financial's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 19.5 B, whereas Other Operating Expenses is forecasted to decline to about 2.3 B.
2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 6.9B | 9.5B | 18.7B | 19.7B | Other Operating Expenses | 12.2B | 355M | 2.7B | 2.3B |
PNC Financial income statement Correlations
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PNC Financial Account Relationship Matchups
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PNC Financial income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 3.8B | 1.4B | 487M | 2.4B | 10.4B | 10.9B | |
Other Operating Expenses | 11.4B | 9.0B | 12.2B | 355M | 2.7B | 2.3B | |
Operating Income | 6.4B | 7.9B | 6.9B | 9.5B | 18.7B | 19.7B | |
Ebit | 6.4B | 7.9B | 6.9B | 9.5B | 18.5B | 19.5B | |
Ebitda | 7.7B | 9.4B | 8.7B | 10.2B | 18.7B | 19.7B | |
Total Operating Expenses | (11.4B) | (9.0B) | (12.2B) | 355M | 350M | 367.5M | |
Net Income | 5.4B | 3.0B | 5.7B | 6.0B | 5.6B | 5.9B | |
Income Tax Expense | 1.1B | 426M | 1.3B | 1.4B | 1.1B | 666.7M | |
Depreciation And Amortization | 1.3B | 1.5B | 1.8B | 651M | 217M | 206.2M | |
Selling General Administrative | 5.6B | 5.7B | 7.1B | 7.2B | 7.4B | 7.8B | |
Total Revenue | 17.8B | 16.9B | 19.1B | 21.1B | 21.5B | 22.6B | |
Gross Profit | 15.8B | 14.9B | 16.8B | 18.7B | 19.1B | 9.8B | |
Income Before Tax | 6.5B | 3.4B | 7.0B | 7.5B | 6.7B | 3.4B | |
Total Other Income Expense Net | 49M | (4.5B) | 51M | (2.0B) | (13.6B) | (12.9B) | |
Selling And Marketing Expenses | 301M | 236M | 319M | 355M | 350M | 214.2M | |
Cost Of Revenue | 2.0B | 2.0B | 2.4B | 2.4B | 2.4B | 2.0B | |
Net Income Applicable To Common Shares | 5.1B | 7.3B | 5.4B | 5.7B | 6.6B | 3.4B | |
Minority Interest | 49M | 31M | (51M) | (72M) | (70M) | (66.5M) | |
Net Income From Continuing Ops | 5.4B | 3.0B | 5.7B | 6.1B | 6.3B | 5.1B | |
Tax Provision | 1.1B | 426M | 1.3B | 1.4B | 1.3B | 1.1B | |
Net Interest Income | 10.0B | 9.9B | 10.6B | 13.0B | 14.2B | 11.4B | |
Interest Income | 13.8B | 11.3B | 11.1B | 15.4B | 22.9B | 14.3B | |
Reconciled Depreciation | 1.3B | 1.5B | 1.8B | 651M | 238M | 226.1M |
PNC Financial Investors Sentiment
The influence of PNC Financial's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in PNC. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to PNC Financial's public news can be used to forecast risks associated with an investment in PNC. The trend in average sentiment can be used to explain how an investor holding PNC can time the market purely based on public headlines and social activities around PNC Financial Services. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
PNC Financial's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for PNC Financial's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average PNC Financial's news discussions. The higher the estimated score, the more favorable is the investor's outlook on PNC Financial.
PNC Financial Implied Volatility | 40.85 |
PNC Financial's implied volatility exposes the market's sentiment of PNC Financial Services stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if PNC Financial's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that PNC Financial stock will not fluctuate a lot when PNC Financial's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards PNC Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, PNC Financial's short interest history, or implied volatility extrapolated from PNC Financial options trading.
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PNC Financial Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for PNC Stock analysis
When running PNC Financial's price analysis, check to measure PNC Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PNC Financial is operating at the current time. Most of PNC Financial's value examination focuses on studying past and present price action to predict the probability of PNC Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PNC Financial's price. Additionally, you may evaluate how the addition of PNC Financial to your portfolios can decrease your overall portfolio volatility.
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Is PNC Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PNC Financial. If investors know PNC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PNC Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.22) | Dividend Share 6.15 | Earnings Share 11.92 | Revenue Per Share 50.83 | Quarterly Revenue Growth (0.07) |
The market value of PNC Financial Services is measured differently than its book value, which is the value of PNC that is recorded on the company's balance sheet. Investors also form their own opinion of PNC Financial's value that differs from its market value or its book value, called intrinsic value, which is PNC Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PNC Financial's market value can be influenced by many factors that don't directly affect PNC Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PNC Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if PNC Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PNC Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.