GO
Loading...
Live at 2:30p ET
LINDSEY VONN
CNBC.com web-only interview
Downhill skier Lindsay Vonn

PNC Quarterly Profit Rises

PNC Financial Services said Tuesday quarterly profit rose to $1.30 per share, excluding one-time items, matching analysts' expectations.

PNC said it earned $384 million, or $1.30 a share, excluding certain items, in the three months ended December, up from $355 million, or $1.20 a share, in the fourth quarter of 2005. Analysts surveyed by Thomson Financial predicted a profit of $1.30 a share.

Revenues rose nearly 11% from the same quarter a year ago to $1.54 billion, also matching expectations.

The company will host a conference call and webcast at 10:30 am New York time to discuss results.

Symbol
Price
 
Change
%Change
PNC
---

Featured

Contact U.S. News

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    › Learn More

Don't Miss

U.S. Video