PNC Financial (NYSE:PNC) reported first quarter earnings that matched analysts' expectations on Friday and revenue that topped forecasts.
The firm reported earnings per share of $2.61 on revenue of $4.29B. Analysts polled by forecast EPS of $2.61 on revenue of $4.27B. That compared to EPS of $2.43 on revenue of $4.11B in the same period a year earlier. The company had reported EPS of $2.75 on revenue of $4.34B in the previous quarter.
PNC Financial follows other major Financial sector earnings this month
On Thursday, Commerce Bancshares reported first quarter EPS of $0.85 on revenue of $324.73M, compared to forecasts of EPS of $0.91 on revenue of $335.66M.
Jefferies Financial earnings missed analysts' expectations on March 28, with first quarter EPS of $0.14 on revenue of $828.44M. analysts expected EPS of $0.24 on revenue of $1.01B
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