In the latest of a series of earnings releases from banks, PNC Financial Services (NYSE: PNC) took the wraps off both its fourth-quarter and full-year 2025 figures Friday morning. Thanks to revenue and profitability that both exceeded analyst expectations, PNC’s stock was a popular item in the subsequent trading session, and it closed the day nearly 4% higher in value.
PNC delivered record-high revenue, net interest, and fee income for the quarter. The company’s top line for the period was $6.1 billion, up 3% year over year. Of this, net interest income was $3.7 billion, representing a 2% improvement.
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Net income in accordance with generally accepted accounting principles (GAAP) was $1.9 billion, or $4.88 per share, up from the year-ago figure of $1.7 billion.
Both headline numbers landed comfortably above the consensus pundit…