October 12, 2018 / 10:53 AM / 2 months ago

PNC Financial quarterly profit rises 26 pct

Oct 12 (Reuters) - U.S. regional lender PNC Financial Services Group Inc reported a 26.4 percent rise in third-quarter profit on Friday, helped by higher interest income and lower provision for credit losses.

The Pittsburgh, Pennsylvania-based bank said net income attributable to common shareholders rose to $1.32 billion in the quarter ended Sept. 30 from $1.04 billion a year earlier.

Earnings per share rose to $2.82 from $2.16. (Reporting by Diptendu Lahiri in Bengaluru; Editing by Anil D’Silva)

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