Summary
PNC Financial Services Group, Inc. (PNC) filed its quarterly report for the period ending September 29, 2017, on October 30, 2017. The filing indicates no material changes in risk factors from the previous annual report, providing a degree of stability in the company's disclosed risks. Investors can note the company's active engagement in returning capital to shareholders through share repurchases, totaling 4.2 million shares in the third quarter of 2017 for an aggregate of $0.5 billion.
Financial Highlights
31 data pointsBeta
Financial Statements
Beta
| Revenue | $4.13B |
| Interest Expense | $450.00M |
| Net Income | $1.13B |
| EPS (Basic) | $2.18 |
| EPS (Diluted) | $2.16 |
| Shares Outstanding (Basic) | 479.00M |
| Shares Outstanding (Diluted) | 483.00M |
Key Highlights
- 1No material changes in risk factors compared to the 2016 10-K filing.
- 2PNC repurchased 4.2 million shares of common stock during the third quarter of 2017.
- 3The aggregate repurchase price for shares in Q3 2017 was $0.5 billion.
- 4The average price paid per share for repurchased stock in Q3 2017 was approximately $128.23.
- 5The company continues to execute its stock repurchase programs, with 44.4 million shares authorized for future repurchase under existing programs as of September 30, 2017.
- 6Legal proceedings information is incorporated by reference from Note 12 in the Notes to Consolidated Financial Statements.