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
Important takeaways from Conagra Brands’ Q3 2025 report
Conagra Brands, Inc. (NYSE: CAG) has reported weaker-than-expected revenue and profit for the February quarter, with sales declining across all business segments amid softer demand and persistent supply challenges. The
Main takeaways from Lamb Weston’s (LW) Q3 2025 earnings report
Shares of Lamb Weston Holdings, Inc. (NYSE: LW) jumped 9% on Thursday after the company delivered better-than-expected results for the third quarter of 2025 and reaffirmed its outlook for the
Summary: Tesla (TSLA) reports Q1 2025 production, deliveries
Tesla Inc. (NASDAQ: TSLA) has announced results of vehicle production and deliveries for the first quarter of 2025. The company also provided data on the deployment of energy storage products
