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PNC Financial Services Group Inc. Bottom Line Rises In Q4

January 16, 2025 — 06:32 am EST

Written by RTTNews.com for RTTNews->

(RTTNews) - PNC Financial Services Group Inc. (PNC) announced a profit for its fourth quarter that increased from last year

The company's earnings totaled $1.505 billion, or $3.77 per share. This compares with $740 million, or $1.85 per share, in last year's fourth quarter.

The company's revenue for the quarter rose 3.8% to $5.567 billion from $5.361 billion last year.

PNC Financial Services Group Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $1.505 Bln. vs. $740 Mln. last year. -EPS (Q4): $3.77 vs. $1.85 last year. -Revenue (Q4): $5.567 Bln vs. $5.361 Bln last year.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
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