PNC Financial the Pittsburgh based bank and the nations sixth largest lender reported earnings of $1.1 billion or 2.07 a share. Allan Edwards the CEO of The Markets Are Open said yesterday he expected earnings of $1.1 billion. To see his comments from yesterday click here. The company reminded investors of the difficult environment despite the strong results. In the quarter shareholders equity improved to $29.4.
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Thursday, October 21, 2010
PNC Well Above Estimates (NYSE: PNC)
PNC Financial the Pittsburgh based bank and the nations sixth largest lender reported earnings of $1.1 billion or 2.07 a share. Allan Edwards the CEO of The Markets Are Open said yesterday he expected earnings of $1.1 billion. To see his comments from yesterday click here. The company reminded investors of the difficult environment despite the strong results. In the quarter shareholders equity improved to $29.4.
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