PNC Reports Second Quarter 2024 Net Income of $1.5 Billion, $3.39 Diluted EPS
PNCPNC(PNC) Prnewswire·2024-07-16 18:35

Generated positive operating leverage; grew NII and NIM; maintained 2.5% SCB requirementIncreased quarterly common stock dividend 5 cents to 1.60pershareonJuly2,2024PITTSBURGH,July16,2024/PRNewswire/−−ThePNCFinancialServicesGroup,Inc.(NYSE:PNC)todayreported:ForthequarterInmillions,exceptpersharedataandasnoted2Q241Q242Q23SecondQuarterHighlightsFinancialResultsComparisonsreflect2Q24vs.1Q24Netinterestincome(NII)1.60 per share on July 2, 2024PITTSBURGH, July 16, 2024 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported:For the quarter In millions, except per share data and as noted 2Q24 1Q24 2Q23 Second Quarter Highlights Financial Results Comparisons reflect 2Q24 vs. 1Q24 Net interest income (NII)     3,302    3,264    3,264     3,510 Income Statement ...