PNC Financial Services Group, Inc. PNC Income Statement

Pnc financial services group, inc. (PNC)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08	Jun'08
Interest Income
Loans
10,403	10,525	10,507	10,281	9,954	9,580	9,179	8,867	8,562	8,238	7,970	7,686	7,475	7,414	7,334	7,282	7,244	7,203	7,232	7,276	7,330	7,427	7,541	7,626	7,736	7,866	8,011	8,154	8,362	8,284	8,092	7,920	7,662	7,595	7,655	7,747	8,000	8,276	8,474	8,569	8,614	8,919	7,783	6,742	0	0	0
Investment securities
2,388	2,426	2,474	2,441	2,369	2,261	2,162	2,079	2,017	1,998	1,946	1,896	1,857	1,826	1,812	1,784	1,735	1,679	1,634	1,598	1,603	1,624	1,660	1,696	1,706	1,749	1,793	1,874	1,979	2,035	2,080	2,087	2,109	2,161	2,240	2,321	2,344	2,389	2,430	2,522	2,622	2,688	2,492	2,227	0	0	0
Other
743	811	806	785	769	741	707	674	633	578	526	473	433	412	411	424	432	441	436	415	407	380	372	371	364	392	395	393	407	415	425	450	437	438	436	434	484	485	514	514	496	479	446	441	0	0	0
Total interest income
13,534	13,762	13,787	13,507	13,092	12,582	12,048	11,620	11,212	10,814	10,442	10,055	9,765	9,652	9,557	9,490	9,411	9,323	9,302	9,289	9,340	9,431	9,573	9,693	9,806	10,007	10,199	10,421	10,748	10,734	10,597	10,457	10,208	10,194	10,331	10,502	10,828	11,150	11,418	11,605	11,732	12,086	10,721	9,410	0	0	0
Interest Expense
Deposits
1,889	1,986	1,937	1,742	1,488	1,229	1,000	834	716	623	547	484	445	430	422	422	416	403	383	357	339	325	320	323	329	344	360	379	376	386	428	492	589	668	734	800	864	963	1,092	1,246	1,476	1,741	1,747	1,722	0	0	0
Borrowed funds
1,644	1,811	1,892	1,845	1,769	1,632	1,463	1,322	1,187	1,083	1,002	928	867	831	782	748	691	642	636	607	599	581	559	546	524	516	534	572	634	708	754	774	804	826	895	960	937	957	951	975	1,114	1,262	1,237	1,198	0	0	0
Total interest expense
3,533	3,797	3,829	3,587	3,257	2,861	2,463	2,156	1,903	1,706	1,549	1,412	1,312	1,261	1,204	1,170	1,107	1,045	1,019	964	938	906	879	869	853	860	894	951	1,010	1,094	1,182	1,266	1,393	1,494	1,629	1,760	1,801	1,920	2,043	2,221	2,590	3,003	2,984	2,920	0	0	0
Interest Income (Expense), Net
10,001	9,965	9,958	9,920	9,835	9,721	9,585	9,464	9,309	9,108	8,893	8,643	8,453	8,391	8,353	8,320	8,304	8,278	8,283	8,325	8,402	8,525	8,694	8,824	8,953	9,147	9,305	9,470	9,738	9,640	9,415	9,191	8,815	8,700	8,702	8,742	9,027	9,230	9,375	9,384	9,142	9,083	7,737	6,490	0	0	0
Noninterest Income
Noninterest Income
8,057	7,862	7,600	7,502	7,472	7,411	7,467	7,356	7,247	7,221	7,050	7,004	6,928	6,771	6,788	6,767	6,855	6,947	7,036	7,060	6,927	6,850	6,807	6,756	6,881	6,865	6,703	6,706	5,997	5,872	5,577	5,257	5,612	5,626	5,978	5,992	6,017	5,946	6,784	7,030	7,163	7,145	5,259	4,692	0	0	0
Fund servicing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Net gains on sales of securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	7	28	95	99	141	160	161	204	221	249	269	249	255	308	373	426	502	549	584	550	461	301	0	0	0
Other-than-temporary impairments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	18	42	64	79	269	365	406	420	342	0	0	-	0	-	-	-	-	-	-	-	-
Less: Noncredit portion of other-than-temporary impairments (a)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	13	11	19	32	-129	-214	-250	-268	-254	-213	-155	-283	-397	-623	-945	-1,358	0	0	0	0	0
Net other-than-temporary impairments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	31	53	83	111	140	151	156	152	152	188	243	325	425	483	544	577	562	442	0	0	0
Other
1,508	1,473	1,342	1,301	1,268	1,205	1,039	1,051	1,021	1,077	1,128	1,074	1,034	1,039	1,206	1,271	1,374	1,337	1,403	1,392	1,346	1,388	1,312	1,359	1,493	1,493	1,646	1,692	1,477	1,451	1,181	969	995	1,053	1,037	1,036	987	884	977	1,095	1,173	987	527	422	0	0	0
Total revenue
18,058	17,827	17,558	17,422	17,307	17,132	17,052	16,820	16,556	16,329	15,943	15,647	15,381	15,162	15,141	15,087	15,159	15,225	15,319	15,385	15,329	15,375	15,501	15,580	15,834	16,012	16,008	16,176	15,735	15,512	14,992	14,448	14,427	14,326	14,680	14,734	15,044	15,176	16,159	16,414	16,305	16,228	12,996	11,182	0	0	0
Provision for credit losses
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for Loan, Lease, and Other Losses
-	-	700	605	-	408	385	427	445	441	383	340	369	433	440	434	353	255	233	207	233	273	334	416	501	643	848	939	1,038	987	859	892	916	1,152	1,404	1,629	2,172	2,502	3,109	3,537	3,801	3,930	3,071	2,343	0	0	0
Noninterest Expense
Personnel
5,602	5,647	5,527	5,540	5,531	5,471	5,572	5,445	5,365	5,268	5,082	5,035	4,985	4,873	4,862	4,845	4,819	4,831	4,749	4,716	4,688	4,611	4,648	4,640	4,654	4,743	4,752	4,742	4,675	4,617	4,453	4,231	4,088	3,966	3,946	3,956	3,939	3,906	3,843	3,952	4,079	4,119	3,719	3,198	0	0	0
Occupancy
826	834	835	824	815	818	856	865	864	868	838	849	862	861	859	853	847	842	850	841	831	833	828	833	840	833	848	855	848	827	799	758	735	738	734	740	736	730	716	711	721	713	622	540	0	0	0
Equipment
1,224	1,210	1,147	1,120	1,103	1,103	1,092	1,087	1,087	1,065	1,045	1,032	991	974	965	946	937	925	914	907	880	859	822	796	781	763	760	751	743	735	718	692	669	661	660	653	663	668	665	683	689	695	613	537	0	0	0
Marketing
294	301	308	303	295	285	261	252	244	244	244	254	248	247	243	235	241	249	260	262	263	253	252	254	253	246	250	256	256	279	283	281	277	249	245	254	256	266	255	232	226	233	212	188	0	0	0
Other
2,593	2,582	2,572	2,587	2,603	2,619	2,999	2,979	2,963	2,953	2,569	2,546	2,511	2,521	2,502	2,510	2,551	2,616	2,833	2,885	2,911	2,932	2,913	2,977	3,049	3,096	3,290	3,552	3,877	4,028	4,219	4,000	3,721	3,491	3,141	3,141	2,976	3,043	3,003	2,960	3,313	3,313	2,829	2,421	0	0	0
Total noninterest expense
10,539	10,574	10,389	10,374	10,347	10,296	10,780	10,628	10,523	10,398	9,778	9,716	9,597	9,476	9,431	9,389	9,395	9,463	9,606	9,611	9,573	9,488	9,463	9,500	9,577	9,681	9,900	10,156	10,399	10,486	10,472	9,962	9,490	9,105	8,726	8,744	8,570	8,613	8,482	8,538	9,028	9,073	7,995	6,884	0	0	0
Income before income taxes and noncontrolling interests
6,021	6,480	6,469	6,443	6,455	6,428	5,887	5,765	5,588	5,490	5,782	5,591	5,415	5,253	5,270	5,264	5,411	5,507	5,480	5,567	5,523	5,614	5,704	5,664	5,756	5,688	5,260	5,081	4,298	4,039	3,661	3,594	4,021	4,069	4,550	4,361	4,302	4,061	4,568	4,339	3,476	3,225	1,930	1,955	0	0	0
Income taxes
959	1,062	1,081	1,047	1,077	1,082	-199	-47	35	102	1,438	1,367	1,299	1,268	1,310	1,237	1,329	1,364	1,302	1,424	1,372	1,407	1,480	1,450	1,479	1,476	1,410	1,334	1,120	1,045	886	910	971	998	1,152	1,022	1,094	1,037	1,261	1,267	990	867	416	464	0	0	0
Income from continuing operations before noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,024	3,307	3,072	2,486	2,358	0	0	0	-	-
Income from discontinued operations (net of income taxes of zero, zero, and $338)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	373	377	68	58	45	0	0	0	-	-
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
5,062	5,418	5,388	5,396	5,378	5,346	6,086	5,812	5,553	5,388	4,344	4,224	4,116	3,985	3,960	4,027	4,082	4,143	4,178	4,143	4,151	4,207	4,224	4,214	4,277	4,212	3,850	3,747	3,178	2,994	2,775	2,684	3,050	3,071	3,398	3,667	3,558	3,397	3,684	3,140	2,544	2,403	1,555	1,513	0	0	0
Less: Net income attributable to noncontrolling interests
46	49	49	47	45	45	42	43	43	50	61	67	80	82	74	74	55	37	44	27	26	23	15	16	17	11	4	-12	-21	-7	4	22	26	15	-15	-17	-25	-15	-79	-61	-43	-44	44	36	0	0	0
Preferred stock dividends
236	236	236	236	236	236	236	236	236	236	222	222	209	209	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	146	241	336	430	388	269	170	0	0	0
Preferred stock discount accretion and redemptions
4	4	4	4	4	4	5	5	6	26	26	26	25	6	-173	-110	-63	5	-2	5	5	5	2	2	7	12	76	68	40	4	96	37	37	2	34	33	9	255	268	278	291	56	0	0	0	0	0
Net income attributable to common shareholders
4,776	5,129	5,099	5,109	5,093	5,061	5,803	5,528	5,268	5,076	4,035	3,909	3,802	3,688	3,671	3,738	3,807	3,881	3,904	3,879	3,888	3,947	3,970	3,959	4,016	3,952	3,593	3,514	2,982	2,820	2,619	2,569	2,931	2,998	3,345	3,613	3,511	3,011	3,224	2,597	1,876	2,003	1,240	1,278	0	0	0
Earnings Per Common Share
Basic
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.56	1.45	1.45	0.62	2.20	0.97	0.11	1.02	-	-
Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.53	1.45	1.43	0.61	2.18	0.96	0.11	1.01	-	-
Discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.63	0.04	0.05	-	0.04	0.03	0.02	-	-
Basic (in dollars per share)
1.96	2.97	2.95	2.89	2.62	2.76	2.84	2.74	2.45	4.20	2.18	2.12	1.99	2.01	1.87	1.84	1.70	1.88	1.93	1.92	1.79	1.88	1.82	1.88	1.86	1.89	1.80	2.00	1.76	1.22	1.66	1.00	1.45	0.85	1.57	1.69	1.59	1.56	2.08	1.49	0.67	2.21	1.01	0.14	1.04	0.72	1.46
Discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.62	0.04	0.05	-	0.04	0.03	0.02	-	-
Diluted (in dollars per share)
1.95	2.96	2.94	2.88	2.61	2.74	2.82	2.72	2.43	4.14	2.16	2.10	1.96	1.96	1.84	1.82	1.68	1.86	1.90	1.88	1.75	1.84	1.79	1.85	1.82	1.87	1.77	1.98	1.74	1.22	1.64	0.98	1.44	0.85	1.55	1.67	1.57	1.54	2.07	1.47	0.66	2.19	1.00	0.14	1.03	0.70	1.45
Average Common Shares Outstanding
Basic (in shares)
429	438	444	451	455	461	465	469	473	474	479	484	487	488	490	497	501	506	512	517	521	523	529	532	532	529	529	528	526	525	526	527	526	524	524	524	524	523	523	524	498	462	460	451	443	345	344
Diluted (in shares)
430	439	445	452	456	465	467	472	476	481	483	488	492	494	496	503	507	510	520	525	529	533	537	539	539	535	534	531	528	528	529	530	529	525	526	527	526	527	526	527	500	462	461	453	444	347	346
Asset management [Member]
Noninterest Income
1,795	1,850	1,774	1,796	1,807	1,825	2,117	2,052	1,994	1,942	1,621	1,604	1,583	1,521	1,521	1,493	1,532	1,567	1,544	1,579	1,525	1,513	1,501	1,420	1,398	1,342	1,280	1,255	1,193	1,169	1,117	1,099	1,109	1,088	1,141	1,103	1,058	1,054	970	963	928	858	819	774	0	0	0
Consumer services [Member]
Noninterest Income
1,561	1,555	1,552	1,527	1,516	1,502	1,481	1,461	1,440	1,415	1,398	1,389	1,383	1,388	1,388	1,381	1,361	1,335	1,307	1,286	1,275	1,254	1,260	1,256	1,247	1,253	1,220	1,192	1,168	1,136	1,111	1,153	1,196	1,243	1,296	1,294	1,276	1,261	1,254	1,256	1,270	1,290	1,128	947	0	0	0
Corporate services [Member]
Noninterest Income
1,978	1,914	1,883	1,879	1,882	1,849	1,839	1,778	1,757	1,742	1,756	1,741	1,678	1,589	1,511	1,506	1,472	1,491	1,494	1,484	1,458	1,415	1,319	1,251	1,234	1,210	1,258	1,247	1,211	1,166	1,083	975	913	898	1,002	998	1,031	1,082	972	1,041	1,044	1,021	959	892	0	0	0
Residential mortgage [Member]
Noninterest Income
513	368	340	282	284	316	286	314	334	350	463	519	580	567	538	503	502	566	588	603	621	618	754	813	798	871	600	628	288	284	441	412	748	713	713	731	747	699	649	640	706	990	0	0	0	0	0
Service charges on deposits [Member]
Noninterest Income
702	702	709	717	715	714	705	700	701	695	684	677	670	667	665	663	656	651	661	668	668	662	640	617	608	597	589	585	582	573	563	551	538	534	526	550	628	705	809	893	926	950	811	655	0	0	0