Net interest income of $2.129B falls 6% Y/Y, with NIM slipping a whopping 46 basis points from a year ago and 14 bps from Q1.
Noninterest income of $1.681B falls 7% Y/Y, with increases in about all categories offset by a lower gain on sale from Visa shares.
Noninterest expense of $2.328B falls 3% Y/Y
2.6M shares repurchased during quarter.
Common equity Tier 1 capital ratio of 11%, up from 10.8% at end of Q1.
Previously: PNC Financial beats by $0.07, revenues in line