PNC Financial Services (PNC) Tops Q1 EPS by 3c

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PNC Reports First Quarter Net Income Of $1.0 Billion And $1.75 Diluted EPS

April 15, 2015 6:32 AM EDT

PITTSBURGH, April 15, 2015 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported net income of $1.0 billion, or $1.75 per diluted common share, for the first quarter of 2015 compared with net income of $1.1 billion, or $1.84 per diluted common share, for the fourth quarter of 2014 and net income of $1.1 billion, or $1.82 per diluted common share, for the first quarter of 2014.

"PNC delivered solid results in the first quarter, continuing the consistent performance that has been characteristic of our strategic execution," said William S. Demchak, chairman, president and chief executive officer. "We... More