The PNC Financial Services Group (PNC) Revenue — Quarter Ended Sep 30, 2024
Revenue for the quarter increased compared to the prior quarter and the same quarter last year, reflecting continued growth.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for the quarter increased compared to the prior quarter and the same quarter last year, reflecting continued growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5.4B
Revenue reported for this quarter.
Quarter-over-quarter
+0.4%
Change from the immediately preceding quarter.
Year-over-year
+3.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$21.3B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2023 | $5.4B | -7.0% |
| Mar 31, 2024 | $5.1B | -8.2% |
| Jun 30, 2024 | $5.4B | +2.2% |
| Sep 30, 2024 | $5.4B | +3.8% |
Revenue performance
The reported revenue rose, with a slight improvement from the preceding quarter and a stronger gain compared to the same quarter a year ago.
Quarterly comparison
Revenue edged higher relative to the immediately preceding quarter, and increased at a faster pace versus the same quarter one year earlier.
What to watch
Monitor whether revenue can maintain its recent upward trajectory in the coming quarters.