Core Viewpoint - PNC Financial Services Group, Inc. is expected to report improved revenues and earnings for Q2 2025, driven by higher net interest income and fee income, despite rising expenses and provisions for credit losses [1][11][18]. Financial Performance Expectations - The earnings surprise history of PNC is strong, with an average surprise of 8.39% over the last four quarters [2]. - The Zacks Consensus Estimate for Q2 earnings per share is $3.56, reflecting a year-over-year increase of 7.9% [18]. - Total revenues are projected at $5.62 billion, indicating a 3.8% year-over-year increase [18]. Net Interest Income (NII) - NII is expected to rise by 1-2% in Q2 2025, supported by stable funding and deposit costs [3][4][11]. - The Zacks Consensus Estimate for NII is $3.55 billion, representing a sequential increase of 2% [5]. Loan Growth - Average loans are anticipated to increase by 1% sequentially, with projections indicating a 1.4% rise [4][5]. - Demand for commercial, industrial, real estate, and consumer loans has remained solid [4]. Non-Interest Revenues - Mortgage revenues are expected to decline by 2.7% sequentially, with estimates at $130.4 million due to stable mortgage rates [6][7]. - Asset management and brokerage income is projected to see a slight decline, with the consensus estimate at $387.8 million [8][10]. - Card and cash management revenues are expected to rise by 4.9% sequentially, with estimates at $726.4 million [12]. Expenses and Asset Quality - Non-interest expenses are projected to be stable at $3.43 billion, despite ongoing investments in technology and digitalization [13][14]. - Provisions for credit losses are expected to increase to $252.5 million, a sequential rise of 15.3% [15]. - Non-performing assets (NPAs) are estimated at $2.38 billion, indicating a 2.2% increase from the previous quarter [16]. Market Conditions - Global M&A activity has improved, with deal-making resuming towards the end of the quarter despite initial market volatility due to tariff announcements [9].

Key Takeaways DNBBY is set to report Q2 results, with NII likely pressured by lower deposit margins. A rebound in mergers and acquisitions can support modest gains in DNBBY's investment banking revenues. Elevated personnel, benefits and restructuring costs are expected to weigh on DNBBY's Q2 expense base.DNB Bank ASA (DNBBY) is slated to announce second-quarter 2025 results tomorrow.In the last reported quarter, this Zacks Rank #3 (Hold) stock reported an increase in net interest income (NII), as well as ...

Key Takeaways BK's Q2 earnings and revenues are projected to grow 14.6% and 5.6% y/y, respectively. Higher fee income and FX trading gains are expected to support BK's top-line results. NII is projected to rise 10.9% on loan growth and higher rates despite elevated expense levels.The Bank of New York Mellon Corporation (BK) is scheduled to report second-quarter 2025 results on July 15, before market open. The company’s quarterly revenues and earnings are expected to have increased on a year-over-year basi ...

Cullen/Frost Bankers, Inc. (CFR) reported first-quarter 2025 earnings per share of $2.30, up 6.9% from the prior-year quarter. The bottom line surpassed the Zacks Consensus Estimate by 5.9%.Results were primarily aided by a rise in non-interest income and net interest income (NII), alongside higher loan and deposit balances in the quarter. However, increased credit loss expenses were significant drags.The company reported net income available to its common shareholders of $149.3 million, up 11.4% from the p ...

HSBC Holdings (HSBC) reported first-quarter 2025 pre-tax profit of $9.48 billion, which declined 25% from the prior-year quarter.Results were affected by a fall in revenues, higher expected credit losses and other credit impairment charges (ECL), partially offset by a fall in expenses.HSBC’s Revenues Fall, Expenses DipTotal revenues were $17.65 billion, down 15% year over year. The fall was primarily due to lower net interest income (NII) and other operating income.Operating expenses declined marginally to ...

Associated Banc-Corp’s (ASB) first-quarter 2025 earnings of 59 cents per share surpassed the Zacks Consensus Estimate of 57 cents. Also, the bottom line compared favorably with 52 cents earned in the prior-year quarter.Results benefited from an increase in net interest income (NII) and adjusted non-interest income. A rise in loans and deposit balances and lower provisions acted as tailwinds. However, higher expenses were the undermining factor.Net income available to common shareholders was $98.8 million, u ...

Core Viewpoint - Fifth Third Bancorp (FITB) is expected to report first-quarter 2025 results on April 17, with anticipated revenue growth but a decline in earnings year-over-year [1][14]. Group 1: Earnings and Revenue Expectations - The Zacks Consensus Estimate for FITB's first-quarter earnings is 70 cents per share, reflecting a 7.9% decrease from the previous year [14]. - The consensus estimate for revenues is $2.14 billion, indicating a 1.8% increase compared to the year-ago figure [14]. - The company has a history of earnings surprises, beating estimates in the last four quarters with an average surprise of 4.13% [2]. Group 2: Net Interest Income and Loan Performance - The adjusted net interest income (NII) is expected to align with the $1.44 billion reported in the fourth quarter of 2024, with a marginal sequential rise anticipated [4]. - Total average loans and leases are projected to increase by 2% from the fourth quarter, estimated at $120.9 billion, supporting average interest-earning assets [5]. Group 3: Non-Interest Revenues and Market Conditions - Non-interest revenues are expected to decline by 7-8% compared to the previous quarter, with the Zacks Consensus Estimate for non-interest income at $708.9 million, a 3.2% drop from the prior quarter [9][10]. - The commercial banking revenues are estimated at $103.9 million, reflecting a 4.7% sequential decline due to decreased M&A activity amid market uncertainties [7][6]. Group 4: Expenses and Asset Quality - Total expenses are anticipated to rise by 9.1% sequentially to $1.4 billion, driven by investments in technology and marketing [10]. - The Zacks Consensus Estimate for non-performing assets is $870.1 million, indicating a 1.2% increase from the prior quarter [12].