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Earnings ·

PNC Reports Q3 Net Income of $2.1 Billion, Declares $2.00 Quarterly Dividend

PNCPNC Financial Services Group, Inc.

The PNC Financial Services Group reported third-quarter net income of $2.1 billion, or $4.97 diluted EPS ($5.09 adjusted). Net interest income rose 2% to $4.2 billion, while noninterest expense declined 8%. The board declared a quarterly cash dividend of $2.00 per share, payable November 5 to record holders on October 14. PNC returned $1.4 billion in capital during the quarter through dividends and share repurchases.

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