CORRECT: PNC Financial Services Year -Ago 2Q EPS $1.45
23 July 2009 - 9:50PM
Dow Jones News
PNC Financial Services (PNC) reported second-quarter net income
of $207 million, or 14 cents a share, compared with $517 million,
or $1.45 a share, in the year-ago period. Revenue for the quarter
was $3.99 billion, compared with $2.04 billion.
The company's credit loss provision for the quarter was $1.09
billion, up from $186 million a year ago. Net interest income was
$2.18 billion, up from $977 million a year ago, while noninterest
income was $1.81 billion, up from $1.06 billion a year earlier.
(Headlines at 6:45 a.m., 6:46 a.m., and 6:47 a.m. EDT misstated
the year-ago figures.)