Sees FY23: Period end loans up 2%-4%; Average loans up 6%-8%; Non-interest expense up 2%-4%; Effective tax rate 18%. All FY23 guidance vs. FY22.
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- PNC REPORTS FULL YEAR 2022 NET INCOME OF $6.1 BILLION, $13.85 DILUTED EPS OR $13.96 AS ADJUSTED
- PNC Financial reports Q4 adjusted EPS $3.49, consensus $3.95
- Notable companies reporting before tomorrow’s open
- PNC Financial downgraded to Neutral from Buy at UBS
- PNC Financial upgraded to Buy from Hold at Odeon Capital