The PNC Financial Services Group Reported Strong Q3 Results
<p><a href='https://financialmodelingprep.com/financial-summary/PNC'>The PNC Financial Services Group, Inc. (NYSE:PNC) </a>reported its Q3 results, with adjusted EPS of $3.75 beating the Street estimate of $3.64 on record fee revenue driven by corporate services and residential mortgage.</p>
<p>The quarterly results, which include a full quarter of benefit from the BBVA USA branch acquisition, were viewed positively by the analysts at DA Davidson, who raised their price target on the company’s shares to $209 from $204.</p>
<p>According to the brokerage, the combined tailwinds from an improving economy and BBVA should drive average earnings higher than its peer set over the next two years.</p>

NYSE:PNC