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Cash from financing is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders.
For the three months ended in Mar. 2024, PNC Financial Services Group paid $199 Mil more to buy back shares than it received from issuing new shares. It received $520 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $705 Mil paying cash dividends to shareholders. It received $4,003 Mil on other financial activities. In all, PNC Financial Services Group earned $3,619 Mil on financial activities for the three months ended in Mar. 2024.
The historical data trend for PNC Financial Services Group's Cash Flow from Financing can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
PNC Financial Services Group Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Cash Flow from Financing | Get a 7-Day Free Trial | 17,080.00 | 48,419.00 | -3,432.00 | 3,384.00 | -3,854.00 |
PNC Financial Services Group Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Cash Flow from Financing | Get a 7-Day Free Trial | 2,733.00 | -5,315.00 | -2,694.00 | 1,422.00 | 3,619.00 |
This is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders. In the calculation of free cash flow, cash from financing is not calculated because it is not related to operating activities.
PNC Financial Services Group's Cash from Financing for the fiscal year that ended in Dec. 2023 is calculated as:
Cash Flow from Financing | (A: Dec. 2023 ) | ||||||||||
= | Issuance of Stock | + | Repurchase of Stock | + | Net Issuance of Debt | + | Net Issuance of Preferred Stock | + | Cash Flow for Dividends | + | Other Financing |
= | 72 | + | -651 | + | 13612 | + | 484 | + | -2878 | + | -14493 |
= | -3,854 |
PNC Financial Services Group's Cash from Financing for the quarter that ended in Mar. 2024 is:
Cash Flow from Financing | (Q: Mar. 2024 ) | ||||||||||
= | Issuance of Stock | + | Repurchase of Stock | + | Net Issuance of Debt | + | Net Issuance of Preferred Stock | + | Cash Flow for Dividends | + | Other Financing |
= | 24 | + | -223 | + | 520 | + | 0 | + | -705 | + | 4003 |
= | 3,619 |
Cash Flow from Financing for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2,968 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
PNC Financial Services Group (NYSE:PNC) Cash Flow from Financing Explanation
Cash from financing contains six items:
1. Issuance of Stock:
A company may raise cash from issuing new shares. Issuance of stock represents the cash inflow from offering common stock, which is the additional capital contribution to the entity during the period.
PNC Financial Services Group's issuance of stock for the three months ended in Mar. 2024 was $24 Mil.
2. Repurchase of Stock:
A company may raise cash from issuing new shares. It can also use cash to buy back shares. Repurchase of stock represents the cash outflow to reacquire common stock during the period.
PNC Financial Services Group's repurchase of stock for the three months ended in Mar. 2024 was $-223 Mil.
3. Net Issuance of Debt:
Net issuance of debt is the cash a company received or spent through debt related activities such as debt issuance or debt repayment. If a company pays down its debt during the period, this number will be negative. If a company issued more debt, it receives cash and this number is positive.
PNC Financial Services Group's net issuance of debt for the three months ended in Mar. 2024 was $520 Mil. PNC Financial Services Group received $520 Mil from issuing more debt.
4. Net Issuance of Preferred Stock:
A company may raise cash from issuing new preferred shares. It can also use cash to buy back preferred shares. If this number is positive, it means that the company has received more cash from issuing preferred shares than it has paid to buy back preferred shares. If this number is negative, it means that company has paid more cash to buy back preferred shares than it has received for issuing preferred shares.
PNC Financial Services Group's net issuance of preferred for the three months ended in Mar. 2024 was $0 Mil. PNC Financial Services Group paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares.
5. Cash Flow for Dividends:
Cash flow for dividends refers to the payment of cash to shareholders as dividends when the company generates income.
PNC Financial Services Group's cash flow for dividends for the three months ended in Mar. 2024 was $-705 Mil. PNC Financial Services Group spent $705 Mil paying cash dividends to shareholders.
6. Other Financing:
Money spent or earned by company from other financial activities.
PNC Financial Services Group's other financing for the three months ended in Mar. 2024 was $4,003 Mil. PNC Financial Services Group received $4,003 Mil on other financial activities.
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Guild Deborah | officer: Executive Vice President | 847 PERSIMMON ROAD, SEWICKLEY PA 15143 |
Bryan Scott Salesky | director | 2545 RAILROAD ST, SUITE 400, PITTSBURGH PA 15222 |
Joseph Alvarado | director | 705 N. BAR Y ROAD, P.O. BOX 11368, JACKSON WY 83002 |
Kieran John Fallon | officer: Executive Vice President | 17160 SPRING CREEK LANE, LEESBURG VA 20176 |
Michael P. Lyons | officer: Executive Vice President | 249 FIFTH AVENUE, 1PNC, PITTSBURGH PA 15222 |
William S Demchak | officer: Vice Chairman and CFO | THE TOWER AT PNC PLAZA, 300 FIFTH AVENUE, PITTSBURGH PA 15222-2707 |
Overstrom Alexander E. C. | officer: Executive Vice President | 643 PITCAIRN PLACE, PITTSBURGH PA 15232 |
Renu Khator | director | 11 GREENWAY PLAZA, SUITE 2400, HOUSTON TX 77046 |
Robert A Niblock | director | 1605 CURTIS BRIDGE ROAD, WILKESBORO NC 28697 |
Martin Pfinsgraff | director | 354 KINGSBERRY DRIVE, ANNAPOLIS MD 21409 |
Michael J Hannon | officer: Chief Credit Policy Officer | 249 FIFTH AVE, P1-POPP-30-1, PITTSBURGH PA 15222 |
Karen L. Larrimer | officer: Executive Vice President | ONE PNC PLAZA, 249 FIFTH AVENUE, PITTSBURGH PA 15222-2707 |
Ganesh Manapra Krishnan | officer: Executive Vice President | 6416 INTERLAKEN DR, MCDONALD PA 15057 |
David L Cohen | director | |
Richard Kevin Bynum | officer: Executive Vice President | 7567 GLEN POINTE CT., SPRINGFIELD VA 22153 |
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