I used to work for them decades ago. Started with them when they were Star Bank, then Firstar, then USB.
I still have a HELOC with them.
PNC profit falls 21% amid weaker interest income
https://www.reuters.com/business/finance/pnc-profit-falls-21-amid-weaker-interest-income-2024-04-16/
PNC Financial Services (PNC.N), opens new tab reported a 21% fall in first-quarter profit on Tuesday, hurt by lower interest income as the lender paid more to hold customer deposits in a high interest rate environment.
The bank also forecast net interest income (NII) will decline about 1% in the current quarter, compared with the first quarter.
Net income fell to $1.34 billion, or $3.10 per diluted share, for the three months ended March 31, compared with $1.69 billion, or $3.98 per share, in the year-ago period.