PNC Financial expects Q4 share repurchases in range of $300M-$400M

Says remains ‘well-capitalized’. Says continues to be ‘well-positioned’ with capital flexibility. Says expects Q4 share repurchases to continue to be in the range of $300M-$400M. Says securities portfolio is ‘well-positioned’ for steepening yield growth. Says anticipates rate paid on deposits will decline in Q4. Says expects NIM to continue to grow going forward. Says continues to see ‘strong momentum’ across lines of business. Says on track to achieve goal of reducing costs by $350M by end of 2025. Says expects Fed to cut rates three consecutive times.