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PNC profit rises 24 percent
April 17, 2013 / 10:50 AM / 5 years ago

PNC profit rises 24 percent

April 17 (Reuters) - PNC Financial Services Group Inc’s first-quarter profit rose 24 percent as the regional lender made more money from fees and interest.

Net income rose to $1.00 billion, or $1.76 per share from $811 million, or $1.44 per share, a year earlier.

The Pittsburgh-based bank’s net interest income rose 4 percent to $2.39 billion. Non-interest income rose 9 percent to $1.57 billion.

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