Reports Q4 revenue $5.57B, consensus $5.5B. Reports Q4 tangible book value per share $95.33. Reports Q4 CET1 capital ratio 10.5%. Reports Q4 net charge-offs .31%. The company said, “PNC achieved strong results in 2024 while continuing to invest in the future of the franchise. We grew customers, deepened relationships, and continued to support all of our constituents. We generated record revenue and strengthened our capital levels. At the same time, we maintained our disciplined approach to expenses and delivered positive operating leverage. As we enter 2025, I have never been more excited about the opportunities in front of us to grow our franchise and deliver value for our stakeholders.”
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