Key Factors to Affect PNC Financial (PNC) in Q4 Earnings

The PNC Financial Services Group, Inc. (PNC) is scheduled to report its fourth-quarter 2023 earnings before the opening bell on Jan 16. The company’s revenues and earnings are expected to have witnessed year-over-year declines.In the last reported quarter, its earnings outpaced the Zacks Consensus Estimate on a fall in non-interest expenses and lower provisions. However, a decrease in net interest income (NII) and non-interest income acted as a headwind.Notably, PNC Financial has a decent earnings surprise ...