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PNC Bank$145.35($.50)(.34%)

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Income Statement for PNC Bank
(Amounts are in millions) 12/2016 12/2015 12/2014
Press Release Press Release Press Release
Net Sales or Revenues $16,423.00 $16,270.00 $16,281.00
Cost of Goods Sold $430.00 $403.00 $325.00
Gross Profit $15,993.00 $15,867.00 $15,956.00
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $9,909.00 $9,718.00 $9,761.00
Income Before Depreciation $6,084.00 $6,149.00 $6,195.00
       
Depreciation, Depletion, Amortization $0.00 $0.00 $0.00
Non-Operating Income $0.00 $0.00 $0.00
Interest Expense $831.00 $642.00 $581.00
Pretax Income $5,253.00 $5,507.00 $5,614.00
       
Provision for Income Taxes $1,268.00 $1,364.00 $1,407.00
Minority Interest $82.00 $37.00 $23.00
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries $3,985.00 $4,143.00 $4,207.00
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $3,903.00 $4,106.00 $4,184.00
       
Basic Earnings Per Share $7.42 $7.52 $7.44
Diluted Earnings Per Share $7.30 $7.39 $7.30
       
Weighted Average Basic Shares Outstanding 494.00 514.00 529.00
Weighted Average Diluted Shares Outstanding 500.00 521.00 537.00
       
Income Before Non-Recurring Items $3,985.00 $4,106.00 $4,184.00
Income From Non-Recurring Items $0.00 $0.00 $0.00
Diluted Earnings Per Share before extras $7.30 $7.39 $7.30
       
Dividend (preferred) N/A $240.72 $248.24
Dividend (common) $1,028.20 $1,013.04 $989.27
Dividend Per Share (common) $2.12 $2.01 $1.88




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