PNC Reports First Quarter 2016 Net Income Of $943 Million, $1.68 Diluted EPS
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/19/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
PNC Financial Services (PNC) Misses Q1 EPS by 2c
April 14, 2016 6:39 AM EDTPNC Financial Services (NYSE: PNC) reported Q1 EPS of $1.68, $0.02 worse than the analyst estimate of $1.70. Revenue for the quarter came in at $3.67 billion versus the consensus estimate of $3.75 billion.
Balance Sheet Highlights
Loans grew $.8 billion to $207.5 billion at March 31, 2016 compared with December 31, 2015.Total commercial lending grew $1.6 billion, or 1 percent, primarily in PNC's corporate banking and real estate businesses.Total consumer lending... More