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-0.00184026499815974 0.000754508649245642 -0.000368052999631822 -0.000147221199852645 0.00499374309900633 0.0125138019874863 0.0167096061832905 0.0214206845785793
Stock impact report

PNC shares gain after higher commercial lending leads to better-than-expected earnings report [CNBC]

PNC Financial Services Group, Inc. (The) (PNC) 
Last pnc financial services group, inc. (the) earnings: 4/15 06:41 am Check Earnings Report
Company Research Source: CNBC
Andrew Harrer | Bloomberg | Getty Images PNC Bank branch Shares of PNC Financial Services rose nearly 2 percent in premarket trading Friday after beating estimates in its second-quarter earnings report. The regional bank reported earnings of $2.72 per share, beating estimates from analysts surveyed by Thomson Reuters by 14 cents. PNC also posted better-than-expected revenue, bringing $4.32 billion, compared to $4.25 billion expected. PNC showed growth across several key metrics compared to the same quarter a year ago, reporting an increase in both commercial and consumer lending, up 3 percent and 1 percent, respectively, as well as net interest income, which rose 7 percent. PNC stock has risen over 10 percent in the past year, as of Thursday's close at $137.99 per share. Show less Read more
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