By Allison Prang 
 

PNC Financial Services Group Inc. (PNC) said it expects net interest income to fall by about 1% in the fourth quarter.

The regional lender is guiding for average loans to rise by about 1% and fee income to be between stable and up 1%, it said. PNC expects other noninterest income to be between $300 million and $350 million.

PNC said it expects its loan-loss provision to be between $175 million and $225 million and for noninterest expense to rise by about 1%.

 

Write to Allison Prang at allison.prang@wsj.com

 

(END) Dow Jones Newswires

October 16, 2019 08:20 ET (12:20 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
PNC Financial Services (NYSE:PNC)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more PNC Financial Services Charts.
PNC Financial Services (NYSE:PNC)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more PNC Financial Services Charts.