PNC Financial Services Group PNC reported a 12% rise in its third-quarter earnings.
PNC's quarterly profit surged to $1.04 billion, from $925 million in the year-ago period. On a per-share basis, its earnings climbed to $1.79 from $1.64.
Its total revenue declined 4.1% to $3.92 billion. However, analysts were estimating earnings of $1.62 per share on revenue of $3.88 billion.
PNC shares closed at $72.51 yesterday.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in