Shares of regional banks fell after some of the larger players reported double-digit profit declines in the first quarter. **PNC Financial** said net income fell 22% from a year earlier to $1.2 billion, or $3.10 a share. At **M&T Bank**, net income dropped by a quarter to $505 million, the bank said Monday.
Gina Heeb is a banking reporter at The Wall Street Journal, covering the latest developments and trends in the financial industry. With a focus on national news, Gina's articles delve into topics such as banking crises, regulatory issues, and the impact of technology on the banking sector. Her work has also been featured in Bloomberg Law, Yahoo Finance, Fox Business Network, and LiveMint.