PNC Financial Shows Strong Third Quarter Growth

An announcement from PNC Financial ( (PNC) ) is now available.

PNC Financial Services Group reported solid financial results for the third quarter of 2024, highlighting growth in net interest income and strong fee increases from capital markets and advisory activities. The bank managed to control expenses, resulting in positive operating leverage, while maintaining stable credit quality and boosting liquidity and capital positions. With a 1.3% rise in operating leverage and a 9% increase in tangible book value per share, PNC is well-positioned to seize future opportunities across its franchise.

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