Reports Q4 revenue $5.35B, consensus $5.29B. Reports Q4 CET1 capital ratio 9.9%. Reports Q4 tangible book value per share $85.08. Reports Q4 net charge-offs .24%. “During a challenging year for the banking industry, PNC demonstrated its strength and stability by growing customers, deepening relationships and managing the balance sheet for long-term success. We grew revenue, controlled core expenses, added to our loan portfolio and maintained strong credit metrics. We are well positioned for the year ahead to grow our businesses and deliver value for our stakeholders.”
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