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Financial Services

Financial Statements & Reports

Parse financial statements, balance sheets, and annual reports to extract key financial metrics and performance indicators.

Reading Financial Statements at Scale

Analysts don't read one financial statement at a time. They compare dozens—sometimes hundreds—looking for patterns, anomalies, and insights that drive investment decisions.

The problem? Every company formats their financials differently. Same information, different layouts. Revenue might be called "Sales" or "Net Revenue" or "Total Revenue." Line items appear in different orders. Fiscal years don't always match calendar years.

Manually extracting and normalizing data from 50 annual reports? That's weeks of work. And by the time you're done, half of them might be outdated.

The Financial Data Extraction Challenge

Financial documents are particularly tricky because:

  • Tables are complex: Multi-year comparisons, nested categories, footnotes
  • Terminology varies: Same metrics, different labels
  • Context matters: "Income" means different things in different contexts
  • Accuracy is non-negotiable: One wrong number invalidates the analysis
  • Traditional OCR struggles here. Financial tables with merged cells, multi-line headers, and varied formatting produce garbled output that requires extensive cleanup.

    AI That Understands Financial Context

    PDF Parser doesn't just extract numbers—it understands financial document structure.

    When processing a balance sheet, it recognizes:

  • Assets vs. liabilities vs. equity sections
  • Current vs. non-current classifications
  • Year-over-year comparison columns
  • Footnote references that need attention
  • It understands that "Total Revenue" and "Net Sales" often mean the same thing. It can handle European number formatting (1.234,56 vs 1,234.56). It knows that numbers in parentheses typically indicate negative values.

    This is financial literacy, not just character recognition.

    From PDF to Analysis-Ready Data

    The output is structured for immediate analysis:

    Income Statement:

  • Revenue and revenue categories
  • Cost of goods sold
  • Operating expenses by category
  • EBITDA and operating income
  • Net income
  • Balance Sheet:

  • Asset categories and totals
  • Liability breakdowns
  • Shareholders' equity components
  • Key ratios (pre-calculated)
  • Cash Flow Statement:

  • Operating activities
  • Investing activities
  • Financing activities
  • Free cash flow
  • All normalized to consistent naming conventions and ready for your financial models.

    Scaling Financial Analysis

    Investment firms and analysts use AI document processing to:

  • Screen opportunities faster: Process 100 annual reports in hours instead of weeks
  • Track portfolio companies: Automated extraction of quarterly financials
  • Build comparative datasets: Normalized data across competitors
  • Monitor credit risk: Extract key ratios and covenant compliance
  • The analyst's time shifts from data extraction to data interpretation—where the actual value lies.

    What Gets Extracted

    From typical financial documents:

  • Revenue and income figures
  • Asset and liability balances
  • Cash flow components
  • Key performance metrics (margins, ratios)
  • Year-over-year changes
  • Segment breakdowns
  • Footnote highlights and warnings
  • Auditor opinions and qualifications
  • Key Benefits

    • Extract financial KPIs
    • Process balance sheets
    • Analyze income statements
    • Track financial performance
    • Generate comparative reports

    Real Examples

    See it in action

    Explore practical examples of how PDF Parser handles financial services documents.

    Annual Report Analysis

    Extract key financial metrics and business information from company annual reports.

    Input

    10-K filings
    Annual reports
    Shareholder letters

    Output Fields

    fiscal_yeartotal_revenuenet_incometotal_assetstotal_liabilitieseps+2 more

    Quarterly Financials Processing

    Process quarterly reports for ongoing financial monitoring and trend analysis.

    Input

    10-Q filings
    Quarterly earnings reports
    Investor presentations

    Output Fields

    quarterrevenuegross_marginoperating_incomeyoy_growthguidance_updates

    Bank Statement Reconciliation

    Extract transaction details from bank statements for accounting reconciliation.

    Input

    Monthly bank statements
    Account summaries
    Transaction records

    Output Fields

    statement_periodopening_balanceclosing_balancedeposits[]withdrawals[]fees+1 more

    How It Works

    From document to data in 3 steps

    1

    Upload

    Upload your financial services documents in PDF format

    2

    Extract

    Our AI analyzes and extracts the data you need

    3

    Export

    Download structured JSON or CSV for your systems

    FAQ

    Frequently asked questions

    Yes. PDF Parser identifies transaction tables across multiple pages and extracts dates, descriptions, amounts, and running balances into structured data.

    Yes. The AI processes both digital PDFs and scanned/photographed documents, including image files of statements.

    PDF Parser accepts PDF files and common image formats including JPEG, PNG, WebP, TIFF, BMP, and GIF. Files can be up to 20 MB each.

    Accuracy depends on document quality, but PDF Parser handles both digital and scanned documents with high reliability. You can verify results and re-run extractions as needed.

    No. Unlike traditional parsers, PDF Parser uses AI to understand document layouts automatically. Just define the fields you want and the AI figures out where they are.

    PDF Parser outputs structured JSON and CSV. JSON is ideal for API integrations and databases, while CSV works for spreadsheets and data analysis tools.

    Yes. Documents are processed in memory and not permanently stored. We use OpenAI for extraction — see our privacy policy for full details.

    Yes. PDF Parser supports batch uploads — drag and drop multiple files and they are processed in parallel for faster results.

    Ready to automate your financial services workflow?

    Start extracting structured data from your financial services documents in minutes.