Categories Earnings, Finance

PNC Financial Services (PNC): Q4 2019 Earnings Snapshot

— The PNC Financial Services Group Inc. (NYSE: PNC) reported Q4 2019 earnings of $2.97 per share, vs. $2.93 expected.

— Revenues grew 3% to $4.6 billion, vs. $4.4 billion expected.

PNC Financial reports Q4 2019 earnings results

— Net interest income decreased 1% to $2.5 billion.

— Net interest margin fell 6 basis points to 2.78%.

— Non-interest income increased 7% to $2.1 billion.

— Non-interest expense increased 5% to $2.8 billion.

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Also Read:  Infographic: Highlights of GoPro's (GPRO) Q3 2020 earnings report

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