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Business

Lekha Gupta

PNC CEO Highlights Strong Capital And Growth Plans Despite Cautious Outlook

PNC NYSE PNC Financial Services Group

Pittsburgh,,Pennsylvania,,Usa,-,January,11,,2020:,Pnc,Bank,Sign

PNC Financial Services Group, Inc. (NYSE:PNC) announced third-quarter results that exceeded analyst expectations, driven by growth in both interest and noninterest income.

The bank reported earnings per share of $4.35, surpassing the consensus estimate of $4.05. Simultaneously, its quarterly revenue reached $5.915 billion, exceeding the street’s projection of $5.825 billion.

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