NYSE$PNC
PNC Financial Services Group Inc · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
PNC's Q4 2021 earnings were released, reflecting the impact of the BBVA USA acquisition and strong performance across various business segments.
PNC Financial Services Group reported a net income of $1.306 billion for Q4 2021. The results reflect the inclusion of BBVA USA's operations since its acquisition on June 1, 2021. The company's total revenue was $5.127 billion. Provision for credit losses was a recapture of $327 million. Efficiency ratio was 74%.
- Net income attributable to common shareholders was $1.220 billion, or $2.86 per diluted common share, basic earnings from continuing operations was $2.87.
- Total revenue reached $5.127 billion, driven by both net interest income and noninterest income.
- The company's balance sheet includes the assets and liabilities of BBVA USA as of December 31, 2021.
- Provision for credit losses reflected a recapture of $327 million.
Headline financials
Revenue & EPS history
PNC · Revenue · Quarterly
$5.13B
Revenue by segment
PNC · $2.8B total across 2 segments · Q4 2021
- Retail Banking$2.41B+30.0%86.1%
- Asset Mgmt Group$388M+22.8%13.9%
Forward guidance
No specific forward guidance was provided in the document.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2021
-0.6%
Avg return
Earnings day
+0.2%
Avg return
5 days after
+2.3%
Avg return
30 days after
51%
37 / 73 earnings
Positive
+6.3%
Q2 2024
Best reaction
-9.0%
Q1 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | +4.2% | +2.6% | -3.7% | |
| Q1 2026 | +2.5% | +2.6% | -3.7% | |
| Q3 2025 | -4.0% | -4.0% | -3.0% | |
| Q2 2025 | +0.6% | -0.2% | +4.4% | |
| Q1 2025 | +0.0% | -1.9% | +15.5% | |
| Q4 2024 | -0.9% | -0.9% | -3.3% | |
| Q3 2024 | +0.7% | +0.5% | +10.3% | |
| Q2 2024 | +6.3% | +3.8% | +1.7% | |
| Q1 2024 | -1.5% | +1.8% | +7.6% | |
| Q4 2023 | -0.1% | +2.2% | +9.8% | |
| Q3 2023 | -2.6% | -4.6% | -0.7% | |
| Q2 2023 | +4.1% | +5.6% | -2.9% | |
| Q1 2023 | +3.0% | +5.7% | -8.1% | |
| Q4 2022 | -8.5% | -1.6% | -2.0% | |
| Q3 2022 | +1.9% | -0.8% | +8.4% | |
| Q2 2022 | +2.5% | +6.1% | +15.7% | |
| Q1 2022 | -1.5% | -0.2% | -11.8% | |
| Q4 2021 | -6.2% | -9.6% | -9.4% | |
| Q3 2021 | -0.8% | +5.1% | +0.5% | |
| Q2 2021 | +0.1% | -6.1% | +0.6% | |
| Q1 2021 | +1.7% | +0.2% | +14.1% | |
| Q4 2020 | -3.4% | -3.2% | +0.5% | |
| Q3 2020 | -2.6% | -2.2% | +9.1% | |
| Q2 2020 | +3.7% | +1.7% | +10.4% | |
| Q1 2020 | -9.0% | +3.1% | -2.2% | |
| Q4 2019 | -4.5% | -4.1% | -3.6% | |
| Q3 2019 | +0.6% | +2.6% | +6.3% | |
| Q2 2019 | +0.1% | +0.6% | -8.5% | |
| Q1 2019 | +1.8% | +4.0% | +2.9% | |
| Q4 2018 | +0.6% | +3.4% | +2.5% | |
| Q3 2018 | -4.6% | -3.3% | +2.0% | |
| Q2 2018 | +2.1% | +3.2% | +4.0% | |
| Q1 2018 | -5.7% | -7.1% | -1.0% | |
| Q4 2017 | +0.5% | +1.8% | +0.1% | |
| Q3 2017 | -0.2% | -0.4% | -2.1% | |
| Q2 2017 | +0.0% | -0.7% | +0.6% | |
| Q1 2017 | +2.1% | +0.4% | +4.1% | |
| Q4 2016 | -3.4% | -1.4% | +4.4% | |
| Q3 2016 | +0.3% | +4.2% | +20.5% | |
| Q2 2016 | -0.9% | -0.3% | +2.6% | |
| Q1 2016 | -1.2% | — | — | |
| Q4 2015 | -1.8% | — | — | |
| Q3 2015 | -1.6% | — | — | |
| Q2 2015 | +1.8% | — | — | |
| Q1 2015 | -2.0% | — | — | |
| Q4 2014 | +2.7% | — | — | |
| Q3 2014 | -3.3% | — | — | |
| Q2 2014 | -5.6% | — | — | |
| Q1 2014 | +2.0% | — | — | |
| Q4 2013 | +4.3% | — | — | |
| Q3 2013 | +3.0% | — | — | |
| Q2 2013 | +1.9% | — | — | |
| Q1 2013 | +0.7% | — | — | |
| Q4 2012 | +3.4% | — | — | |
| Q4 2011 | -0.6% | — | — | |
| Q3 2012 | -5.0% | — | — | |
| Q2 2012 | -0.4% | — | — | |
| Q1 2012 | +0.7% | — | — | |
| Q3 2011 | -3.6% | — | — | |
| Q2 2011 | -3.6% | — | — | |
| Q1 2011 | +1.3% | — | — | |
| Q4 2007 | -2.8% | — | — | |
| Q4 2010 | -2.8% | — | — | |
| Q3 2010 | -0.6% | — | — | |
| Q2 2010 | -0.2% | — | — | |
| Q1 2009 | +5.3% | — | — | |
| Q1 2010 | +2.6% | — | — | |
| Q4 2009 | +0.8% | — | — | |
| Q3 2008 | +3.0% | — | — | |
| Q3 2009 | +3.0% | — | — | |
| Q2 2008 | -7.8% | — | — | |
| Q4 2008 | -7.8% | — | — | |
| Q2 2009 | -7.8% | — | — |
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