Jul. 16 at 5:59 PM
$PNC beats earnings estimates with strong NII growth and rising loan balances! 📈
Q2 EPS of
$3.85 topped the Zacks Consensus of
$3.56, with net income on a GAAP basis jumping 11.2% Y/Y and a solid NII performance. However, fee income decline and higher credit provisions are red flags. ⚠️
Full analysis here 👉 https://www.zacks.com/stock/news/2586136/pnc-financial-q2-earnings-beat-estimates-on-nii-loan-growth?cid=sm-stocktwits-2-2586136-body-2190&ADID=SYND_STOCKTWITS_TWEET_2_2586136_BODY_2190