Categories AlphaGraphs, Earnings, Finance
PNC Financial Services Group reports lower Q4 revenue and earnings
The PNC Financial Services Group, Inc. (NYSE: PNC) reported lower revenue and earnings for the fourth quarter of 2023.
Net income attributable to common shareholders was $744 million or $1.85 per share in the December quarter, compared to $1.40 billion, or $3.47 per share in the prior year period. On an adjusted basis, earnings dropped to $3.16 per share in Q4 from $3.47 per share last year.
Revenues declined 7% annually to $5.36 billion during the three months, reflecting decreases in both net interest income and non-interest income.
Prior Performance
Will the Airline Industry Evolve or Die After the Black Swan-ish Disruption?
Is the airline industry staring at an evolutionary cycle after the Coronavirus-induced Pandemic that has no parallels in the past? What was the thought process of top airline executives as Covid-19 unfolded? Were they prepared? What lies ahead? We try to find out from the treasure trove of Earnings Transcripts & Press Releases.
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