PNC Profit Boosted by Tax Law - News Summed Up

PNC Profit Boosted by Tax Law


PNC Financial Services Group Inc. said Friday that fourth-quarter earnings doubled compared with a year ago, boosted by a one-time gain from the recently passed tax overhaul. Profit at the Pittsburgh-based bank rose to $2.08 billion, from $1.03 billion a year ago. Per-share earnings were $4.18. That beat the $3.96 a share expected by analysts...


Source: Wall Street Journal January 12, 2018 12:28 UTC



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