PNC / PNC beats 2Q earnings forecast but shares fall on lower interest income outlook

Shares of PNC Financial (PNC) gain 1.5% on better-than-expected Q3 earnings, banking on decent expense-control efforts. more_horizontal

PNC Financial Group began staff reductions that will decrease its workforce by 4%. The move is expected to reduce the company's 2024 expenses by $325 more_horizontal

The PNC Financial Services Group, Inc. (NYSE:PNC ) Q3 2023 Earnings Conference Call October 13, 2023 11:00 AM ET Company Participants Bryan Gill - Dir more_horizontal

"PNC Bank (PNC) shares are down approximately 2.7% following lower third-quarter earnings, with weak results in trading revenue, loan syndication, and more_horizontal

Lower provisions and a fall in expenses support PNC Financial's (PNC) Q3 earnings. However, a decrease in NII and fee income are headwinds. more_horizontal

Although the revenue and EPS for The PNC Financial Services Group, Inc (PNC) give a sense of how its business performed in the quarter ended September more_horizontal

PNC Financial Services (NYSE:PNC) shares fell more than 3% in early trade after the Pennsylvania-based bank and financial services firm reported a rev more_horizontal

The PNC Financial Services Group, Inc (PNC) came out with quarterly earnings of $3.60 per share, beating the Zacks Consensus Estimate of $3.18 per sha more_horizontal