PNC Stock Slips After Q1 Profit and Revenue Slide

Key TakeawaysPNC Financial Services Group posted a first-quarter profit and revenue decline, and it sees little improvement ahead.The financial firm's net income slumped 21% year-over-year, and revenue was down 8%.PNC predicted current-quarter and full-year net interest income and revenue will be little changed or lower compared with the first quarter and 2023. PNC Financial Services Group (PNC) shares lost ground Tuesday as the bank posted a big drop in first-quarter profit and revenue, and offered soft gu ...