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PNC Financial’s Core Operations Still Under Some Pressure, But The Future Is Bright

PNC Financial's Core Operations Still Under Some Pressure, But The Future Is Bright

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PNC reported better than expected second quarter results, but didn’t beat on the lines (net interest income margin, loans) where investors were really hoping to see upside. High cash balances among corporate clients is limiting loan demand, but spreads and loan demand should improve later in 2021 and into 2022, creating more growth and operating leverage momentum.

...read full article on Seeking Alpha

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