PNC Reports Third Quarter 2019 Net Income Of $1.4 Billion, $2.94 Diluted EPS
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PNC Financial Services (PNC) Tops Q3 EPS by 12c Revenues Beat
October 16, 2019 6:48 AM EDTPNC Financial Services (NYSE: PNC) reported Q3 EPS of $2.94, $0.12 better than the analyst estimate of $2.82. Revenue for the quarter came in at $4.5 billion versus the consensus estimate of $4.42 billion.
Third quarter 2019 compared with second quarter 2019Net income was $1.4 billion, an increase of $18 million, or 1 percent.Total revenue of $4.5 billion grew $54 million, or 1 percent.Net interest income of $2.5 billion increased slightly by $6 million due to the benefits of higher loan... More