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PNC Bank$138.32$.33.24%

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Income Statement for PNC Bank
(Amounts are in millions) 12/2017 12/2016 12/2015
Press Release Press Release Press Release
Net Sales or Revenues $18,035.00 $16,423.00 $16,270.00
Cost of Goods Sold $623.00 $430.00 $403.00
Gross Profit $17,412.00 $15,993.00 $15,867.00
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $10,839.00 $9,909.00 $9,718.00
Income Before Depreciation $6,573.00 $6,084.00 $6,149.00
       
Depreciation, Depletion, Amortization $0.00 $0.00 $0.00
Non-Operating Income $0.00 $0.00 $0.00
Interest Expense $1,083.00 $831.00 $642.00
Pretax Income $5,490.00 $5,253.00 $5,507.00
       
Provision for Income Taxes $102.00 $1,268.00 $1,364.00
Minority Interest $50.00 $82.00 $37.00
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries $5,388.00 $3,985.00 $4,143.00
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $5,338.00 $3,903.00 $4,106.00
       
Basic Earnings Per Share $10.49 $7.42 $7.52
Diluted Earnings Per Share $10.36 $7.30 $7.39
       
Weighted Average Basic Shares Outstanding 481.00 494.00 514.00
Weighted Average Diluted Shares Outstanding 486.00 500.00 521.00
       
Income Before Non-Recurring Items $4,427.00 $3,985.00 $4,106.00
Income From Non-Recurring Items $911.00 $0.00 $0.00
Diluted Earnings Per Share before extras $8.50 $7.30 $7.39
       
Dividend (preferred) N/A N/A $240.72
Dividend (common) $1,229.80 $1,028.20 $1,013.04
Dividend Per Share (common) $2.60 $2.12 $2.01




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