PNC Financial Services Group Inc (NYSE:PNC)
$ 204.44 -0.06 (-0.03%) Market Cap: 81.14 Bil Enterprise Value: 108.07 Bil PE Ratio: 17.29 PB Ratio: 1.46 GF Score: 77/100

Q2 2023 PNC Financial Services Group Inc Earnings Call Transcript

Jul 18, 2023 / 03:00PM GMT
Release Date Price: $130.35 (+2.51%)
Bryan K. Gill
The PNC Financial Services Group, Inc. - EVP, Director of IR

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 July 18, 2023, 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

Thank you, Bryan, and good morning, everyone. As you can see on the slide, we delivered solid results in the second quarter, generating exactly $1.5 billion in net income or $3

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