PNC Financial Services Group Files 8-K

TL;DR

PNC dropped an 8-K on 4/16 detailing financials and other events.

AI Summary

PNC Financial Services Group, Inc. filed an 8-K on April 16, 2024, reporting on its results of operations and financial condition, as well as other events. The filing includes financial statements and exhibits related to its business operations.

Why It Matters

This filing provides an update on PNC's financial performance and operational events, which is crucial for investors to assess the company's current health and future prospects.

Risk Assessment

Risk Level: low — This is a routine 8-K filing for financial reporting and does not indicate any unusual or significant risks.

Key Players & Entities

• PNC FINANCIAL SERVICES GROUP, INC. (company) — Registrant
• 0000713676-24-000037 (filing_id) — Accession Number
• April 16, 2024 (date) — Date of Report
• Pennsylvania (jurisdiction) — State of Incorporation
• 25-1435979 (tax_id) — IRS Employer Identification No.
• Pittsburgh (location) — City

FAQ

Key Financial Figures

• $5.00 — ch Registered Common Stock, par value $5.00 PNC New York Stock Exchange Indicate

Filing Documents

• pnc-20240416.htm (8-K) — 26KB
• q12024financialhighlightsa.htm (EX-99.1) — 725KB
• q12024financialsupplement.htm (EX-99.2) — 1535KB
• logo3.jpg (GRAPHIC) — 10KB
• newsreleasetemplate_final2a.jpg (GRAPHIC) — 152KB
• 0000713676-24-000037.txt ( ) — 2789KB
• pnc-20240416.xsd (EX-101.SCH) — 2KB
• pnc-20240416_def.xml (EX-101.DEF) — 15KB
• pnc-20240416_lab.xml (EX-101.LAB) — 27KB
• pnc-20240416_pre.xml (EX-101.PRE) — 16KB
• pnc-20240416_htm.xml (XML) — 3KB

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition. On April 16, 2024 , The PNC Financial Services Group, Inc. ("PNC") issued a press release regarding PNC's earnings and business results for the first quarter of 2024. A copy of PNC's press release is included in this Report as Exhibit 99.1 and is furnished herewith. In connection therewith, PNC provided supplementary financial information on its website. A copy of PNC's supplementary financial information is included in this Report as Exhibit 99.2 and is furnished herewith.

01. Other Events

Item 8.01. Other Events. William S. Demchak, Chairman and Chief Executive Officer of PNC, intends to sell up to approximately 64,500 shares of his holdings in PNC for financial diversification purposes. The shares may be sold starting in June 2024 over a period of up to one year and represent a small portion of the approximately 570,000 shares that Mr. Demchak currently holds in PNC. The shares will be sold subject to a stock trading plan in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Number Description Method of Filing 99.1 Press release dated April 16, 2024 Furnished herewith 99.2 Financial Supplement (unaudited) for the First Quarter 2024 Furnished herewith 104 The cover page of this Current Report on Form 8-K, formatted in Inline XBRL. - 2 - SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. THE PNC FINANCIAL SERVICES GROUP, INC. (Registrant) Date: April 16, 2024 By: /s/ Gregory H. Kozich Gregory H. Kozich Senior Vice President and Controller - 3 -