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PNC Financial Services Group Inc. Reveals Rise In Q4 Bottom Line

PNC Financial Services Group Inc. (PNC) released earnings for its fourth quarter that climbed from last year.

The company's profit came in at $1.39 billion, or $3.26 per share. This compares with $1.31 billion, or $2.97 per share, in last year's fourth quarter.

Analysts had expected the company to earn $2.61 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 2.5% to $4.21 billion from $4.32 billion last year.

PNC Financial Services Group Inc. earnings at a glance:

-Earnings (Q4): $1.39 Bln. vs. $1.31 Bln. last year.
-EPS (Q4): $3.26 vs. $2.97 last year.
-Analysts Estimate: $2.61
-Revenue (Q4): $4.21 Bln vs. $4.32 Bln last year.

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