PNC Financial Services (PNC) Tops Q2 EPS by 8c
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PNC Financial Services (NYSE: PNC) reported Q2 EPS of $2.10, 8 cents better than the analyst estimate of $2.02.
"In the second quarter, PNC grew loans and revenue, and we controlled expenses well," said William S. Demchak, chairman, president and chief executive officer. "We've maintained a strong capital position and recently increased our common stock dividend by 36 percent to an all-time high. Our ongoing execution on our strategic priorities across the enterprise has positioned us for continued success in the current credit and interest rate environment, as well as for the long term."
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