PNC Financial Services (PNC) saw second-quarter profit more than double, as fee revenue surged and the firm set aside less for bad loans.
The bank's net income jumped to $1.12 billion, or $1.99 a share, from $546 million, or 98 cents, last year.
PNC Financial Services (PNC) saw second-quarter profit more than double, as fee revenue surged and the firm set aside less for bad loans.
The bank's net income jumped to $1.12 billion, or $1.99 a share, from $546 million, or 98 cents, last year.
Sen. Mike Braun offered insights into his recent letter to Ginnie Mae and the potential need for more scrutiny of the HECM and HMBS programs.