PNC Financial Services : Profit Up 25%

By Allison Prang

PNC Financial Services Group Inc. reported third-quarter earnings of $1.39 billion, up 25% from the comparable quarter a year ago.

Earnings per share were $2.82, compared to $2.16.

Analysts polled by Refinitiv were expecting earnings of $2.73 a share on a GAAP basis and $2.72 a share on an adjusted basis.

Revenue rose 5.6% to $4.36 billion. Analysts polled by Refinitiv were expecting $4.35 billion.

Shares, down 8.8% year to date, fell 2.4% in premarket trading.

Write to Allison Prang at allison.prang@wsj.com