PNC Reports Second Quarter 2018 Net Income Of $1.4 Billion, $2.72 Diluted EPS

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PNC Financial Services (PNC) Tops Q2 EPS by 13c, Revenues Beat

July 13, 2018 6:56 AM EDT

PNC Financial Services (NYSE: PNC) reported Q2 EPS of $2.72, $0.13 better than the analyst estimate of $2.59. Revenue for the quarter came in at $4.32 billion versus the consensus estimate of $4.26 billion.

"PNC's second quarter results were strong. We grew fee income and net interest income, expanded our margin, managed expenses well and maintained stable credit quality. Our board recently increased the common stock dividend 27... More