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.
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