Wednesday, April 18, 2007

PNC Financial 1st-qtr profit rises 30 pct

(Reuters) - NEW YORK, April 18 - PNC Financial Services Group Inc. , a fast-growing northeast U.S. regional bank, on Wednesday said first-quarter profit rose 30 percent, helped by acquisitions and growth in every main business line.

Net income for the Pittsburgh-based company rose to $459 million, or $1.46 per share, from $354 million, or $1.19, a year earlier.


Read more at Reuters.com Market News

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