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PNC REPORTS FULL YEAR 2022 NET INCOME OF $6.1 BILLION, $13.85 DILUTED EPS OR $13.96 AS ADJUSTED. January 18, 2023 6:35am EST Download as PDF. Fourth quarter net income was $1.5 billion, $3.47 diluted EPS or $3.49 as adjusted 3% avg. loan growth; 4% revenue increase; 10 basis point NIM expansion.
The outlook for the national and local economies has improved slightly since the spring but remains lower than last fall. More than a fifth (22%) are highly optimistic about the national economy while 23% are pessimistic; more than one-half (54%) are moderately optimistic.
16 Ιαν 2024 · Fourth quarter 2023 net income of $0.9 billion, or $1.85 per diluted common share, included $525 million of post-tax expenses pertaining to the FDIC special assessment for the recovery of losses related to the closure of SVB and Signature Bank as well as workforce reduction charges.
15 Ιουλ 2022 · Average loans increased 7%, driven primarily by growth in PNC's corporate banking and business credit businesses of $11.1 billion and $1.7 billion, respectively, partially offset by PPP loan forgiveness. Average deposits decreased 5%, reflecting outflows and seasonal declines in commercial deposits.
18 Ιαν 2022 · PNC Reports Full Year 2021 Net Income Of $5.7 Billion, $12.70 Diluted EPS Or $14.18 As Adjusted. Fourth quarter net income was $1.3 billion, $2.86 diluted EPS or $3.68 as adjusted. Generated full year record revenue; closed, converted and integrated BBVA USA.
13 Οκτ 2023 · Average loans for the third quarter of 2023 increased $6.5 billion in comparison to the third quarter of 2022. Average commercial loans increased $3.6 billion as a result of growth in PNC's corporate banking, real estate and business credit businesses.
2 Μαΐ 2023 · PNC Financial Services Group Inc (PNC.N) said on Tuesday the parent company and its banking unit can offer up to $15 billion of its commercial paper to provide additional liquidity.
