
PNC Posts Higher 3Q Profit, Revenue

I'm PortAI, I can summarize articles.
PNC Financial Services Group reported a net income of $1.82 billion for Q3, up from $1.51 billion a year earlier, exceeding analyst expectations. Revenue increased by 8.9% to $5.92 billion, surpassing forecasts. The growth in net interest income was attributed to fixed-rate asset repricing and loan growth. PNC is also progressing with its acquisition of FirstBank, aimed at expanding its presence in Colorado and Arizona.

