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Pnc Financial Services Group Reports $1.6 Billion Quarterly Profit
By USinMinutes - Jan 16, 2025, 06:32 AM ET
Last Updated - Jan 16, 2025, 06:33 AM EST
The company records $5.6 billion revenue for Q4 ended Dec 31, 2024
PNC FINANCIAL SERVICES GROUP, INC. [PNC] reported $1.6 billion profit for Q4 ended Dec 31, 2024, showing an increase of $122 million.
The company revealed in its 8-K filing to the SEC dated Jan 16, 2025 that it generated revenue of $5.6 billion for the period, showing an increase of $135 million from the last quarter.
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Based in Pittsburgh, Pennsylvania, the company reported $3.8 earnings per share for the period, compared to $3.5 in the last quarter.
The company's profit increased by 8% from $1.5 billion in the last quarter.
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The revenue increased 4% from $5.4 billion in the same quarter of the previous year.
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