PNC Financial sees Q1 modest growth in loans, down modestly in interest income Expects fee income in Q1 to be down primarily due to Q4 benefit for residential mortgage repurchase obligations and seasonality. Sees Q1 noninterest expense down mid-single digits. Sees Q1 loan-loss provision of $125M-$200M. Comments taken from slides for Q4 earnings conference call.
PNC Financial reports Q1 EPS $1.75, consensus $1.72 Reports Q1 revenue $3.73B, consensus $3.75B. Reports Q1 book value per share $78.99. Reports Q1 Basel III common equity Tier 1 capital ratio 10.4%. Reports Q1 net charge-offs 0.20%.