PNC Financial Services Group EBIT 2024

PNC Financial Services Group EBIT

7.71 B USD

PNC Financial Services Group Dividend yield

3.86 %

Ticker

PNC

ISIN

US6934751057

WKN

867679

In 2024, PNC Financial Services Group's EBIT was 7.71 B USD, a 0% increase from the 0 USD EBIT recorded in the previous year.

The PNC Financial Services Group EBIT history

YEAREBIT (undefined USD)
2029e-
2028e9.81
2027e9.81
2026e8.22
2025e8.5
2024e7.71
2023-
20227.47
2021-
2020-
2019-
2018-
2017-
2016-
2015-
2014-
2013-
2012-
2011-
2010-
2009-
2008-
2007-
2006-
2005-
2004-

PNC Financial Services Group Aktienanalyse

What does PNC Financial Services Group do?

The PNC Financial Services Group Inc. is a financial services company that was founded on April 17, 1845, under the name Pittsburgh Trust and Savings Company. The company is headquartered in Pittsburgh, Pennsylvania, USA. Since its founding, PNC Financial Services Group Inc. has experienced remarkable growth and is now one of the largest financial services companies in the USA. PNC Financial Services Group Inc. offers a comprehensive range of financial products and services, covering various areas such as asset management, financing, investment advice, and wealth accumulation. The different products and services can be grouped into three main business segments: 1. Retail Banking: This segment includes all products and services sold directly to individual customers. The customers include individuals and smaller businesses. PNC Financial Services Group Inc. offers a wide range of banking products such as checking accounts, credit cards, mortgages, loans, and savings programs. 2. Asset Management Group: This segment refers to the management of assets on behalf of individuals, businesses, institutions, and pension funds. The goal is to assist customers in managing their assets, finances, and long-term wealth. PNC Financial Services Group Inc.'s Asset Management Group offers a wide range of products and services, such as investment funds, asset management, and retirement planning. 3. Corporate and Institutional Banking: This segment includes services offered in the field of investment banking. It serves customers such as large corporations and institutions with complex financial needs. The services range from assisting with debt and equity issuance to advising on M&A activities. PNC Financial Services Group Inc. is also a major player in the financial technology (Fintech) sector. They offer innovative digital solutions to provide customers with a simple and convenient way of banking. For example, they have a mobile app called PNC Mobile, which allows customers to send money, pay bills, view account statements, and much more. Innovative Products: PNC Financial Services Group Inc. has introduced innovative products in the past to meet customer needs. One example is PNC Financial Services Group Inc.'s overdraft prevention program, which allows customers to protect themselves against unexpected overdraft fees on their checking accounts. Another example is the Virtual Wallet approach, which enables customers to manage their money across different accounts and conduct numerous financial transactions. PNC Financial Services Group Inc. has also received many awards and recognitions, including being ranked 19th on Forbes magazine's list of "World's Most Admired Companies." Another accolade is the recognition from J.D. Power and Associates, which has consistently awarded PNC Financial Services Group Inc. as the "best bank in customer satisfaction" for several years in a row. Overall, PNC Financial Services Group Inc.'s business is diverse, with a focus on customer satisfaction. The company has a long history and has achieved impressive financial success. It is forward-looking and continuously implements innovative measures to respond to market changes. PNC Financial Services Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

EBIT Details

Analyzing PNC Financial Services Group's EBIT

PNC Financial Services Group's Earnings Before Interest and Taxes (EBIT) represents the company's operating profit. It is calculated by deducting all operating expenses, including the cost of goods sold (COGS) and operating expenses, from the total revenue, but before accounting for interest and taxes. It provides insights into the company’s operational profitability, excluding the impacts of financing and tax structures.

Year-to-Year Comparison

A yearly comparison of PNC Financial Services Group's EBIT can reveal trends in the company’s operational efficiency and profitability. An increase in EBIT over the years can indicate enhanced operational efficiency or growth in revenue, while a decrease might raise concerns about increased operating costs or declining sales.

Impact on Investments

PNC Financial Services Group's EBIT is a significant metric for investors. A positive EBIT suggests that the company is generating enough revenue to cover its operating expenses, an essential aspect for assessing the company’s financial health and stability. Investors closely monitor EBIT to gauge the company’s profitability and potential for future growth.

Interpreting EBIT Fluctuations

Fluctuations in PNC Financial Services Group’s EBIT can be due to variations in revenue, operating expenses, or both. An increasing EBIT indicates improved operational performance or increased sales, while a declining EBIT can signal rising operational costs or reduced revenue, prompting a need for strategic adjustments.

Frequently Asked Questions about PNC Financial Services Group Stock

How much did PNC Financial Services Group achieve in EBIT for the current year?

In the current year, PNC Financial Services Group has achieved an EBIT of 7.71 B USD.

What is EBIT?

EBIT stands for Earnings Before Interest and Taxes and refers to the profit before interest and taxes of a company PNC Financial Services Group.

How has the EBIT of PNC Financial Services Group developed in recent years?

The EBIT of PNC Financial Services Group has increased by 0% decreased compared to the previous year.

What does EBIT mean for investors?

EBIT provides investors with insights into a company's profitability as it reflects the profit before interest expenses and taxes.

Why is EBIT an important indicator for investors?

Since EBIT provides a more direct insight into a company's profit than net income, it is an important indicator for investors to assess the profitability of a company.

Why do EBIT values fluctuate?

EBIT values can fluctuate as they are influenced by various factors, such as revenue, costs, and tax effects.

What role does tax burden play in EBIT?

Tax burdens have a direct impact on a company's EBIT, as they are deducted from the profit.

How is EBIT presented in the balance sheet of the company PNC Financial Services Group?

The EBIT of PNC Financial Services Group is listed in the income statement.

Can EBIT be used as a single indicator for evaluating a company?

EBIT is an important indicator for evaluating a company, but additional financial ratios should also be considered to get a comprehensive picture.

Why is EBIT not equal to net profit?

The net profit of a company includes taxes and interest, while EBIT represents the profit before interest and taxes.

How much dividend does PNC Financial Services Group pay?

Over the past 12 months, PNC Financial Services Group paid a dividend of 6.1 USD . This corresponds to a dividend yield of about 3.86 %. For the coming 12 months, PNC Financial Services Group is expected to pay a dividend of 6.57 USD.

What is the dividend yield of PNC Financial Services Group?

The current dividend yield of PNC Financial Services Group is 3.86 %.

When does PNC Financial Services Group pay dividends?

PNC Financial Services Group pays a quarterly dividend. This is distributed in the months of August, November, February, May.

How secure is the dividend of PNC Financial Services Group?

PNC Financial Services Group paid dividends every year for the past 26 years.

What is the dividend of PNC Financial Services Group?

For the upcoming 12 months, dividends amounting to 6.57 USD are expected. This corresponds to a dividend yield of 4.16 %.

In which sector is PNC Financial Services Group located?

PNC Financial Services Group is assigned to the 'Finance' sector.

Wann musste ich die Aktien von PNC Financial Services Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of PNC Financial Services Group from 5/5/2024 amounting to 1.55 USD, you needed to have the stock in your portfolio before the ex-date on 4/12/2024.

When did PNC Financial Services Group pay the last dividend?

The last dividend was paid out on 5/5/2024.

What was the dividend of PNC Financial Services Group in the year 2023?

In the year 2023, PNC Financial Services Group distributed 5.75 USD as dividends.

In which currency does PNC Financial Services Group pay out the dividend?

The dividends of PNC Financial Services Group are distributed in USD.

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Andere Kennzahlen von PNC Financial Services Group

Our stock analysis for PNC Financial Services Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of PNC Financial Services Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.