PNC FINANCIAL SERVICES GROUP INC
For the period ended Jun 30, 2024. Filed Aug 2, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 2, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Reconciliation of Revenue Guidance, Excluding Significant Items (non-GAAP)
RECONCILIATION OF REVENUEG UIDANCE, EXCLUDINGS IGNIFICANTI TEMS (non-GAAP) (a)
| Actual · Actual · Outlook - low end · Outlook - high end | ||||||
|---|---|---|---|---|---|---|
| Year ended · % Change · Year ended · % Change | ||||||
| Three months ended · Year ended · December 31, 2024 · December 31, 2024 | ||||||
| Dollars in millions · June 30, 2024 · December 31, 2023 · Adjustments · Adjustments | ||||||
| Revenue | $5,411 | $21,490 | (1)% | — | ||
| Less significant items: | ||||||
| Gain on Visa shares exchange program | 754 | $754 | $754 | |||
| Visa Class B derivative fair value adjustments | (116) | (116) | (116) | |||
| Loss on sale of securities | (497) | (497) | (497) | |||
| Total significant items | $141 | $141 | $141 | |||
| Revenue, excluding significant items (non-GAAP) | (2)% | (1)% | ||||
(a)We believe Revenue, excluding significant items to be a useful tool for comparison of revenue recognized during the normal course of business.
The PNC Financial Services Group, Inc. –Form 10-Q 99
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.