PNC Financial Services Guides for Stable Average Loans in 2Q
April 16 2021 - 10:43AM
Dow Jones News
By Allison Prang
PNC Financial Services Group Inc. is guiding for average loans
to be stable this quarter compared with the first quarter.
The company said it expects net interest income to be up about
2% and for fee income to increase between about 3% and 5%.
It expects other noninterest income to be between $300 million
and $350 million and for noninterest expense to be stable. The
regional lender is also expecting between $150 million and $200
million in net charge-offs.
Write to Allison Prang at allison.prang@wsj.com
(END) Dow Jones Newswires
April 16, 2021 10:28 ET (14:28 GMT)
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