PNC Financial Services Group Inc. Reports 3% Increase In Q3 Bottom Line

(RTTNews) - PNC Financial Services Group Inc. (PNC) reported earnings for its third quarter that advanced from last year.

The company said its bottom line totaled $1.04 billion, or $2.16 per share. This was up from $1.01 billion, or $1.84 per share, in last year's third quarter.

Analysts had expected the company to earn $2.13 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 7.8% to $4.13 billion. This was up from $3.83 billion last year.

PNC Financial Services Group Inc. earnings at a glance:

-Earnings (Q3): $1.04 Bln. vs. $1.01 Bln. last year. -Earnings Growth (Y-o-Y): 3.0% -EPS (Q3): $2.16 vs. $1.84 last year. -EPS Growth (Y-o-Y): 17.4% -Analysts Estimate: $2.13 -Revenue (Q3): $4.13 Bln vs. $3.83 Bln last year. -Revenue Change (Y-o-Y): 7.8%