PNC sticks to guidance, but said Fed cuts may move timeline
Key insight: PNC CEO Bill Demchak said the bank’s net interest income trajectory was still on track to hit guidance for 2025 and 2026. What’s at stake: The banking industry has seen tepid loan growth and deposit pricing pressure in recent years, but has started to turn a corner amid more borrower certainty and interest […]
PNC sticks to guidance, but said Fed cuts may move timeline Read More »