PNC Financial (NYSE:PNC) reported fourth quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $2.97 on revenue of $4.61B. Analysts polled by anticipated EPS of $2.92 on revenue of $4.48B. That compared to EPS of $2.75 on revenue of $4.34B in the same period a year earlier. The company had reported EPS of $2.94 on revenue of $4.49B in the previous quarter.
PNC Financial follows other major Financial sector earnings this month
On Tuesday, JPMorgan reported fourth quarter EPS of $2.57 on revenue of $29.21B, compared to forecasts of EPS of $2.35 on revenue of $27.87B.
Bank of America earnings beat analysts' expectations on Wednesday, with fourth quarter EPS of $0.74 on revenue of $22.35B. analysts expected EPS of $0.69 on revenue of $22.22B
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