October 13, 2017 / 11:39 AM / in 2 months

BRIEF-PNC Reports Q3 2017 Results

Oct 13 (Reuters) - PNC Financial Services Group :

* Says qtrly ‍net interest income grew $87 million, or 4 percent, from Q2 to $2.3 billion

* Says qtrly ‍provision for credit losses grew $32 million to $130 million from Q2 & included $10 million related to Hurricanes Harvey & Irma​

* Says third quarter 2017 net income of $1.1 billion, $2.16 diluted EPS

* Q3 revenue $4.1 billion versus i/b/e/s view $4.11 billion

* Says Q3 earnings per share $2.16

* Q3 earnings per share view $2.13 -- Thomson Reuters I/B/E/S

* Says‍ net charge-offs declined to $106 million for Q3 compared with $110 million for Q2​

* Says ‍loans grew $3.1 billion, or 1 percent, to $221.1 billion at September 30, 2017 compared with June 30, 2017​

* Says Pro Forma Fully Phased-In Basel III common equity tier 1 capital ratio was estimated 9.8 percent at both Sept 30, June 30

* Says ‍Transitional Basel III common equity tier 1 capital ratio was an estimated 10.3 percent at both sept 30, june 30, 2017​

* Says net interest margin increased to 2.91 percent for third quarter of 2017 compared with 2.84 percent for second quarter‍​ Source text for Eikon: Further company coverage:

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