for over 150 years, pnc has grown into one of america's most respected banks, because we're committed to helping customers and employees reach their goals. you can depend on pnc to provide the training you need, along with an inclusive culture that recognizes your talent, values diversity and cares about social responsibility. working with us means having an opportunity you can feel good about, with a fortune 200 company that's been selected as a 'great place to work' by gallup.
Company profile
Ticker
PNC
Exchange
Website
CEO
William Demchak
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
PNC BANK CORP, PNC FINANCIAL SERVICES GROUP INC
SEC CIK
Corporate docs
Subsidiaries
PNC Bancorp, Inc. • PNC Equipment Finance, LLC • PNC Merchant Services Company • PNC NCNVINV, Inc. • PNC Holding, LLC • PNC Investment Company, LLC • PNC Capital Markets, LLC • PNC Capital Finance, LLC ...
IRS number
251435979
PNC stock data
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
13 Mar 24
DEF 14A
Definitive proxy
13 Mar 24
8-K
Results of Operations and Financial Condition
5 Mar 24
ARS
2023 FY
Annual report to shareholders
1 Mar 24
8-K
Departure of Directors or Certain Officers
20 Feb 24
CORRESP
Correspondence with SEC
26 Jan 24
8-K
Other Events
22 Jan 24
424B2
Prospectus for primary offering
18 Jan 24
FWP
Free writing prospectus
17 Jan 24
424B5
Prospectus supplement for primary offering
17 Jan 24
Transcripts
PNC
Earnings call transcript
2023 Q4
16 Jan 24
PNC
Earnings call transcript
2023 Q3
13 Oct 23
PNC
Earnings call transcript
2023 Q2
18 Jul 23
PNC
Earnings call transcript
2023 Q1
14 Apr 23
PNC
Earnings call transcript
2022 Q4
18 Jan 23
PNC
Earnings call transcript
2022 Q3
14 Oct 22
PNC
Earnings call transcript
2022 Q2
15 Jul 22
PNC
Earnings call transcript
2022 Q1
14 Apr 22
PNC
Earnings call transcript
2021 Q4
18 Jan 22
PNC
Earnings call transcript
2021 Q3
15 Oct 21
Latest ownership filings
4
Robert Q Reilly
21 Feb 24
4
E William Parsley III
21 Feb 24
4
Alexander E. C. Overstrom
21 Feb 24
4
Michael P. Lyons
21 Feb 24
4
Ganesh Manapra Krishnan
21 Feb 24
4
Gregory H Kozich
21 Feb 24
4
Stacy M. Juchno
21 Feb 24
4
Gregory B. Jordan
21 Feb 24
4
Vicki C. Henn
21 Feb 24
4
MICHAEL J HANNON
21 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 5.30 bn | 5.30 bn | 5.30 bn | 5.30 bn | 5.30 bn | 5.30 bn |
Cash burn (monthly) | 297.00 mm | 104.00 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 1.67 bn | 586.09 mm | n/a | n/a | n/a | n/a |
Cash remaining | 3.63 bn | 4.71 bn | n/a | n/a | n/a | n/a |
Runway (months of cash) | 12.2 | 45.3 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
59.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1231 |
Opened positions | 168 |
Closed positions | 289 |
Increased positions | 393 |
Reduced positions | 486 |
13F shares | Current |
---|---|
Total value | 34.74 tn |
Total shares | 235.79 mm |
Total puts | 557.27 k |
Total calls | 428.55 k |
Total put/call ratio | 1.3 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 37.01 mm | $5.73 tn |
FMR | 18.30 mm | $2.83 tn |
STT State Street | 17.20 mm | $2.66 tn |
Capital International Investors | 15.74 mm | $2.44 tn |
Wellington Management | 10.87 mm | $1.68 tn |
JPM JPMorgan Chase & Co. | 10.64 mm | $1.65 tn |
Massachusetts Financial Services | 7.32 mm | $1.13 tn |
IVZ Invesco | 5.05 mm | $781.54 bn |
BEN Franklin Resources | 4.89 mm | $756.96 bn |
Capital Research Global Investors | 4.77 mm | $738.04 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
16 Feb 24 | Jordan Gregory B. | $5 Par Common Stock | Payment of exercise | Dispose F | No | No | 148.85 | 640 | 95.26 k | 85,157 |
16 Feb 24 | Jordan Gregory B. | $5 Par Common Stock | Grant | Acquire A | No | No | 148.85 | 1,558 | 231.91 k | 85,797 |
16 Feb 24 | Jordan Gregory B. | $5 Par Common Stock | Payment of exercise | Dispose F | No | No | 148.85 | 2,976 | 442.98 k | 84,239 |
16 Feb 24 | Jordan Gregory B. | $5 Par Common Stock | Grant | Acquire A | No | No | 148.85 | 7,951 | 1.18 mm | 87,215 |
16 Feb 24 | Vicki C. Henn | $5 Par Common Stock | Payment of exercise | Dispose F | No | No | 148.85 | 576 | 85.74 k | 35,600 |
16 Feb 24 | Vicki C. Henn | $5 Par Common Stock | Grant | Acquire A | No | No | 148.85 | 1,179 | 175.49 k | 36,176 |
16 Feb 24 | Vicki C. Henn | $5 Par Common Stock | Payment of exercise | Dispose F | No | No | 148.85 | 1,777 | 264.51 k | 34,997 |
16 Feb 24 | Vicki C. Henn | $5 Par Common Stock | Grant | Acquire A | No | No | 148.85 | 4,771 | 710.16 k | 36,774 |
16 Feb 24 | Gregory H Kozich | $5 Par Common Stock | Payment of exercise | Dispose F | No | No | 148.85 | 187 | 27.83 k | 15,154 |
16 Feb 24 | Gregory H Kozich | $5 Par Common Stock | Grant | Acquire A | No | No | 148.85 | 716 | 106.58 k | 15,341 |
News
Fed Rate Cut Expectations Rise After February Jobs Report: Friday's Stock Movers
8 Mar 24
PNC Financial Services Group Estimates Additional Noninterest Expense Related To Revised Special Assessment Will Be About $130M On A Pre-Tax Basis; Sees Total Noninterest Expense Will Be About $645M On A Pre-Tax Basis In Q1
5 Mar 24
(PNC) - Analyzing PNC Finl Servs Gr's Short Interest
7 Feb 24
Empowering Shareholders with Growth: PNC Finl Servs Gr Enhances Performance and Reports Rising Profits
5 Feb 24
Price Over Earnings Overview: PNC Finl Servs Gr
1 Feb 24
Press releases
PNC Names Michael Thomas Head of Corporate & Institutional Banking
13 Mar 24
The PNC Financial Services Group Announces First Quarter 2024 Earnings Conference Call, Virtual-Only Annual Shareholders Meeting Details
5 Mar 24
Koxa, PNC Bank Introduce Embedded Banking Integration for Companies Using Workday
4 Mar 24
Harris Williams Announces Senior-Level Promotions
28 Feb 24
PNC Survey Shows Business Owner Optimism Continues to Soar Amid Improving Economic Conditions
28 Feb 24