Categories AlphaGraphs, Earnings, Finance
PNC Earnings: Highlights of PNC Financial Services Group’s Q2 2024 report
The PNC Financial Services Group, Inc. (NYSE: PNC) Tuesday reported a modest increase in revenues and net income for the second quarter of 2024.
Net income attributable to common shareholders was $1.36 billion or $3.39 per share in the June quarter, compared to $1.35 billion or $3.36 per share in the comparable period of 2023. The company raised its quarterly cash dividend on common stock to $1.60 per share, an increase of 5 cents per share, payable on August 5, 2024, to shareholders of record on July 15, 2024.
Revenues moved up 2% annually to $5.41 billion during the three months. Net interest income and net interest margin increased, marking the beginning of the management’s growth trajectory towards the expected record NII in 2025.
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
Earnings Preview: What to look for when Netflix (NFLX) reports Q4 2025 results
Netflix, Inc. (NASDAQ: NFLX) is expected to report Q4 results on January 20, amid expectations for strong revenue and earnings growth. The company is navigating a shifting streaming landscape where
What to look for when United Airlines (UAL) reports its Q4 2025 earnings results
Shares of United Airlines (NASDAQ: UAL) stayed red on Thursday. The stock has gained 15% over the past three months. The airline is scheduled to report its earnings results for
Infographic: How Constellation Brands (STZ) performed in Q3 2026
Constellation Brands, Inc. (NYSE: STZ) reported net sales of $2.22 billion for the third quarter of 2026, down 10% year-over-year. Organic net sales were down 2%. Net income attributable to
