PNC, SunTrust Rise After Beating 4Q Estimates
January 16, 2015 at 10:41 AM EST
The sustained drop in oil prices has both regulators and investors worried about the health of regional and community banks as many have ramped up their energy lending in recent years. Also, low interest rates have crimped interest income. Yet PNC Financial Services (PNC) and SunTrust Banks (STI) managed to deliver better-than-expected results for the [...]