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 Q2 EPS $1.88, consensus $1.76 Reports Q2 revenue $3.87B, consensus $3.78B. Reports Q2 NII $2.1B. Reports Q2 book value per share $79.64. Reports Q2 Basel III CET1 ratio 10.6%. Reports Tier 1 risk-based capital ratio 12%. Reports Q2 net charge-offs 0.13%.