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The PNC Monetary Companies Group, Inc. (NYSE: PNC) reported decrease income and earnings for the third quarter of 2023. A rise in revenue within the Retail Banking and Company & Institutional Banking segments was greater than offset by declines within the different divisions.
Web revenue attributable to frequent shareholders was $1.57 billion or $3.60 per share within the September quarter, in comparison with $1.64 billion, or $3.78 per share within the prior-year interval.
Revenues declined 6% yearly to $5.23 billion throughout the three-month interval. Whole deposits amounted to $423.6 billion, and the corporate had whole loans of $319.5 billion on the finish of the quarter.
Prior efficiency
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