PNC Financial Services Group Inc (BSP:PNCS34)

R$ 496 0 (0%) Market Cap: 393.61 Bil Enterprise Value: 549.55 Bil PE Ratio: 15.96 PB Ratio: 1.35 GF Score: 61/100

Q3 2022 PNC Financial Services Group Inc Earnings Call Transcript

Oct 14, 2022 / 03:00PM GMT

Release Date Price: R$408.98

Transcript 8-K

Operator

Well, good morning, and welcome to today's conference call for the PNC Financial Services Group.

Participating on this call are PNC's Chairman, President and CEO, Bill Demchak; and Rob Reilly, Executive Vice President and CFO.

Today's presentation contains forward-looking information. Cautionary statements about this information as well as reconciliations of non-GAAP measures are included in today's earnings release materials as well as our SEC filings and other investor materials. These are all available on our corporate website, pnc.com, under Investor Relations. These statements speak only as of October 14, 2022, and PNC undertakes no obligation to update them.

Now I'd like to turn the call over to Bill.

William S. Demchak

The PNC Financial Services Group, Inc. - Chairman, President & CEO

Thanks, Brian, and good morning, everybody. As you've seen, we delivered another strong quarter, generating $1.6 billion of net income or $3.78 per share. The combination of continued growth in our commercial and consumer loan books and

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