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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