The PNC Financial Services Group, Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2018; Announces Net Charge-Offs for the Fourth Quarter Ended December 31, 2018
For the year, the company reported total revenue of $17,132 million against $16,329 million a year ago. Net income was $5,346 million against $5,388 million a year ago. Net income attributable to diluted common shares was $5,031 million or $10.71 diluted per share against $5,037 million or $10.36 diluted per share a year ago. Net interest income was $9,721 million compared to $9,108 million a year ago.
The company announced net charge-offs for the fourth quarter ended December 31, 2018. For the quarter, the company reported net charge-offs of $107 million compared with $123 million for the third quarter.