PNC�s Sale Of BlackRock Stake Provides Q2 Boost
Update: 2025-10-09
Description
No-moat PNC Financial Services’ second-quarter results were boosted by the sale of its 22% BlackRock stake during the quarter.This was reflected in a 166% year-over-year increase in net income and earnings per share of $8.40.Excluding the BlackRock sale, the bank reported a net loss of $744 millio....
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