PNC Bank 2000 Annual Report Download - page 3

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FI N A N C I A L HI G H L I G H T S
The PNC Financial Services Group, Inc.
$991
IN C O M E
FR O M CO N T I N U I N G
OP E R AT I O N S
(in millions)
96 97 98 99 00
$1,038 $1,080
$1,202 $1,214
$1.42
DI V I D E N D S PE R
CO M M O N SH A R E
(in millions)
96 97 98 99 00
$1.50 $1.58 $1.68
$1.83
$2.88
DI L U T E D EA R N I N G S
PE R SH A R E
FR O M CO N T I N U I N G
OP E R AT I O N S
(in millions)
96 97 98 99 00
$3.24 $3.49
$3.94 $4.09
Year ended December 31
Dollars in millions, except per share data 2000 1999 1998
FI N A N C I A L PE R F O R M A N C E
Revenue
Net interest income
(taxable-equivalent basis) . . $ 2,182 $ 2,366 $ 2,514
Noninterest income . . . . . . . 2,891 2,450 2,086
Total revenue . . . . . . . . . . . . $ 5,073 $ 4,816 $ 4,600
Noninterest income to
total revenue . . . . . . . . . . . 56.99% 50.87% 45.35%
Income from continuing
operations . . . . . . . . . . . . . . . $ 1,214 $ 1,202 $ 1,080
Discontinued operations . . . . . . . 65 62 35
Net income . . . . . . . . . . . . . $ 1,279 $ 1,264 $ 1,115
Per common share
Diluted earnings
Continuing operations . . . . $ 4.09 $ 3.94 $ 3.49
Discontinued operations . . .22 .21 .11
Net Income . . . . . . . . . . . $ 4.31 $ 4.15 $ 3.60
Cash dividends declared . . . 1.83 1.68 1.58
SE L E C T E D RA T I O S
Return on
Average common
shareholders’ equity . . . . 21.63% 22.41% 20.81%
Average assets . . . . . . . . . . 1.68 1.69 1.49
YE A R -E N D BA L A NC E S
Assets . . . . . . . . . . . . . . . . . . . . $ 69,844 $ 69,286 $ 70,754
Loans, net of unearned income . . 50,601 49,673 57,633
Deposits . . . . . . . . . . . . . . . . . . 47,664 45,802 46,150
Shareholders’ equity . . . . . . . . . 6,656 5,946 6,043
1
Note: This annual report contains forward-looking statements. Please refer to
the section of this report captioned “ Forward-Looking Statements” on page 58
for important information relating to forward-looking statements.