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PNC Bank$134.20$.31.23%

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Income Statement for PNC Bank
(Amounts are in millions) 12/2018 12/2017 12/2016
Press Release Press Release Press Release
Net Sales or Revenues $19,993.00 $18,035.00 $16,423.00
Cost of Goods Sold $1,229.00 $623.00 $430.00
Gross Profit $18,764.00 $17,412.00 $15,993.00
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $10,704.00 $10,839.00 $9,909.00
Income Before Depreciation $8,060.00 $6,573.00 $6,084.00
       
Depreciation, Depletion, Amortization $0.00 $0.00 $0.00
Non-Operating Income $0.00 $0.00 $0.00
Interest Expense $1,632.00 $1,083.00 $831.00
Pretax Income $6,428.00 $5,490.00 $5,253.00
       
Provision for Income Taxes $1,082.00 $102.00 $1,268.00
Minority Interest $45.00 $50.00 $82.00
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries $5,346.00 $5,388.00 $3,985.00
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $5,301.00 $5,338.00 $3,903.00
       
Basic Earnings Per Share $10.79 $10.49 $7.42
Diluted Earnings Per Share $10.71 $10.36 $7.30
       
Weighted Average Basic Shares Outstanding 467.00 481.00 494.00
Weighted Average Diluted Shares Outstanding 470.00 486.00 500.00
       
Income Before Non-Recurring Items $5,301.00 $4,427.00 $3,985.00
Income From Non-Recurring Items $0.00 $911.00 $0.00
Diluted Earnings Per Share before extras $10.71 $8.50 $7.30
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $1,568.85 $1,229.80 $1,028.20
Dividend Per Share (common) $3.40 $2.60 $2.12




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