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Truist Financial reports second-quarter earnings Friday, but investors may be more focused on what the leadership transition to incoming CEO Michael Lyons could mean for the bank’s strategy.
Capital markets and advisory revenue climbed 80% from a year earlier, while the FirstBank acquisition added to loan and deposit growth
(Bloomberg) -- PNC Financial Services Group Inc. posted $2.06 billion in net income for the second quarter, beating analysts’ expectations after another three months of strong lending and fee growth.Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsTrump Drops 20% Fee for Hormuz Cargo After Gulf PressureUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeOpenAI’s First Device Will Be Movable, Screenless Speaker Built as AI Companion‘We Faltered’:
PNC Bank stock is up more than double the S&P 500 this year. It hit a record-high share price on Thursday.
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