PNC Financial Services (PNC) Tops Q2 EPS by 12c

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PNC Reports Second Quarter Net Income Of $1.0 Billion And $1.88 Diluted EPS

July 15, 2015 6:35 AM EDT

PITTSBURGH, July 15, 2015 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported net income of $1.0 billion, or $1.88 per diluted common share, for the second quarter of 2015 compared with net income of $1.0 billion, or $1.75 per diluted common share, for the first quarter of 2015 and net income of $1.1 billion, or $1.85 per diluted common share, for the second quarter of 2014.

"PNC had a successful second quarter," said William S. Demchak, chairman, president and chief executive officer. "We grew fee income on higher client activity, made positive progress on our strategic... More