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Banking earnings roundup: Low rates making a dent

SNL presents a daily snapshotof earnings for banks over $10 billion in assets. Click hereto read all of SNL's earnings coverage.

second-quarter adjusted netincome to common stock of $3.68 billion, or $1.24 per share. In the year-agoperiod, it was $4.45 billion, or $1.45 per share.

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WellsFargo & Co. reported second-quarter net income applicable to commonstock of $5.17 billion, or $1.01 per share, on total revenue of $22.16 billion.In comparison, the company reported net income applicable to common stock of$5.36 billion, or $1.03 per share, on total revenue of $21.32 billion, in the2015 second quarter.

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PNCFinancial Services Group Inc. reported net income attributable to diluted commonshares of $914 million, or $1.82 per share. It was $987 million, or $1.88 pershare, a year ago.

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PNClowers full-year revenue outlook, details outlook of P2P network


U.S.Bancorp reported second-quarter net income applicable to commonshareholders of $1.44 billion, or 83 cents per share, compared to $1.42billion, or 80 cents per share, in the year-ago period.

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USBancorp has no timeline for exiting BSA/AML consent order

USBancorp execs say Brexit could be mild positive, no signs of USrecession


FirstHorizon National Corp. reported EPS of 24 cents and net income available tocommon shareholders of $56.5 million for the second quarter, compared to 20cents and $47.8 million in the first quarter, and 22 cents and $50.6 million ayear earlier.

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FirstHorizon sees steady NIM despite rate pressure, searching for larger M&Atargets