The PNC Financial Services Group, Inc.’s (PNC) first-quarter 2024 adjusted earnings per share of $3.36 surpassed the Zacks Consensus Estimate of $3.09. The adjusted figure excludes the impacts of expenses from the FDIC special assessment. In the prior-year quarter, the company reported earnings per share of $3.98.Results were aided by a rise in deposit balances and an improvement in the company’s credit quality. However, an increase in non-interest expenses and lower net interest income (NII) were headwinds ...