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Jun 30, 2022
PNC Q2 2022 Earnings Report
PNC's financial performance was solid, marked by revenue growth and effective expense management.
Key Takeaways
PNC Financial Services Group reported a strong second quarter with increased revenue driven by net interest income and noninterest income. The company maintained a solid balance sheet and effectively managed credit quality.
Net income attributable to common shareholders was $1.41 billion, or $3.39 per share.
Total revenue increased to $5.12 billion, driven by growth in net interest income and noninterest income.
Provision for credit losses was $36 million.
The company continued to focus on strategic investments and expense management.
PNC
PNC
PNC Revenue by Segment
Revenue by Segment
Retail Banking Revenue
CapyFin.comCorporate & Institutional Revenue
CapyFin.comAsset Management Revenue
CapyFin.com Forward Guidance
PNC did not provide specific forward guidance in this report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income