WASHINGTON (dpa-AFX) - PNC Financial Services Group Inc. (PNC) reported that its third-quarter net income attributable to diluted common shares rose to $959 million from the prior year's $947 million, with earnings per share improving to $1.79 from $1.77 last year. Analysts polled by Thomson Reuters expected the company to report earnings of $1.71 per share for the quarter. Analysts' estimates typically exclude special items.
Net interest income was $2.10 billion, down from $2.23 billion last year. But, noninterest income grew to $1.74 billion from $1.69 billion in the previous year.
Total revenue for the quarter declined to $3.84 billion from $3.92 billion in the year ago quarter. Wall Street expected revenues of $3.80 billion for the quarter.
Copyright RTT News/dpa-AFX