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Friday, October 12, 2018

-=PNC (PNC) reported earnings on Fri 12 Oct 2018 (b/o)



PNC beats by $0.10, reports revs in-line 
  • Reports Q3 (Sep) earnings of $2.82 per share, $0.10 better than the S&P Capital IQ Consensus of $2.72; revenues rose 5.6% year/year to $4.36 bln vs the $4.33 bln S&P Capital IQ Consensus.
  • The net interest margin increased to 2.99 percent for the third quarter of 2018 compared with 2.96 percent for the second quarter and 2.91 percent for the third quarter of 2017.
  • Average loans increased $.7 billion in the third quarter to $223.3 billion compared with the second quarter.

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