Comment on PNC Financial 3Q net income falls

PNC Financial 3Q net income falls

share: digg facebook twitter PITTSBURGH (AP) — PNC Financial Services Group Inc.'s third-quarter net income fell as the regional bank made less money from loans and deposits and fees and charges. PNC Financial's provision for loan losses — money set aside to cover souring loans — dropped to $261 million from $486 million. PNC Financial offers retail banking, corporate and institutional banking, asset management, and residential mortgage banking, among other services.

 

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