The PNC Financial Services Group
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of The PNC Financial Services Group generated cash of $10,111,000,000, which is more than the previous year. Cash used in financing activities reached the amount of -$3,854,000,000 last year. Net change in cash is therefore -$122,000,000.
Cash Flow
| 2014 | 5.55B | -24.89B | 19.65B |
|---|---|---|---|
| 2015 | 5.52B | -16.26B | 10.44B |
| 2016 | 3.63B | -7.44B | 4.62B |
| 2017 | 5.57B | -14.89B | 9.68B |
| 2018 | 7.84B | -3.96B | -3.51B |
| 2019 | 7.36B | -24.99B | 17.08B |
| 2020 | 4.65B | -51.12B | 48.41B |
| 2021 | 7.21B | -2.79B | -3.43B |
| 2022 | 9.08B | -13.42B | 3.38B |
| 2023 | 10.11B | -6.37B | -3.85B |
PNC Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 7.04B | 8.00B | 7.01B | 5.06B | 5.60B | 5.24B | 4.87B | 4.06B | 4.36B | 4.04B |
Operating activities | ||||||||||
Net income | 5.64B | 6.11B | 5.72B | 7.55B | 5.41B | 5.34B | 5.38B | 3.98B | 4.14B | 4.20B |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 217M | 651M | 1.77B | 1.49B | 1.31B | 1.12B | 1.11B | 1.19B | 1.08B | 988M |
Stock-based compensation expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 200M | 200M |
| Deferred income tax benefit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 200M | 200M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | 10.11B | 9.08B | 7.21B | 4.65B | 7.36B | 7.84B | 5.57B | 3.63B | 5.52B | 5.55B |
Investing activities | ||||||||||
Purchases Of Investments | -5.66B | -41.00B | -85.58B | -45.40B | -25.49B | -26.78B | -19.21B | -23.8B | -31.26B | -8.48B |
Investments In Property Plant And Equipment | 0 | 0 | 39.78B | -63.48B | 0 | 0 | 0 | 0 | 0 | -29.53B |
Acquisitions Net | 0 | 0 | -10.51B | 14.22B | 75M | 0 | -1.34B | 0 | 0 | -62M |
Cash generated by investing activities | -6.37B | -13.42B | -2.79B | -51.12B | -24.99B | -3.96B | -14.89B | -7.44B | -16.26B | -24.89B |
Financing activities | ||||||||||
Common Stock Issued | 72M | 68M | 66M | 65M | 90M | 69M | 132M | 151M | 139M | 252M |
Payments for dividends | -2.87B | -2.69B | -2.28B | -2.20B | -2.13B | -1.83B | -1.50B | -1.27B | -1.25B | -1.23B |
Repurchases of common stock | -1.65B | -5.23B | -1.07B | -2.10B | -3.57B | -2.87B | -2.44B | -2.06B | -2.65B | -1.17B |
Repayments of term debt | 13.61B | 29.98B | -10.50B | -31.58B | -2.27B | -17.93B | 6.66B | -8.35B | -634M | -20.94B |
Cash used in financing activities | -3.85B | 3.38B | -3.43B | 48.41B | 17.08B | -3.51B | 9.68B | 4.62B | 10.44B | 19.65B |
Net Change In Cash | -122M | -961M | 987M | 1.95B | -547M | 359M | 370M | 814M | -295M | 317M |
Cash at end of period | 6.92B | 7.04B | 8.00B | 7.01B | 5.06B | 5.60B | 5.24B | 4.87B | 4.06B | 4.36B |
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