The PNC Monetary Companies Group, Inc. (NYSE: PNC) reported a pointy improve in revenue for the fourth quarter of 2024. Revenues grew by 4%.
Web revenue attributable to frequent shareholders was $1.51 billion or $3.77 per share within the December quarter, in comparison with $740 million or $1.85 per share within the comparable interval of 2023.
Revenues moved up 4% yearly to $5.57 billion in This fall. Throughout the quarter, the corporate returned $0.9 billion of capital to shareholders, together with greater than $0.6 billion of dividends on frequent shares and greater than $0.2 billion of frequent share repurchases.
Earlier this month, the corporate declared a quarterly money dividend of $1.60 per share, to be paid on February 5, 2025, to shareholders of report as of January 15, 2025.
