PNC FINANCIAL SERVICES GROUP INC
For the period ended Mar 31, 2024. Filed May 2, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 2, 2024
PNC$231.300.0%Stored close · as of Nov 10, 2026
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Commercial Mortgage Servicing Rights – Key Valuation Assumptions
Table 53: Commercial Mortgage Servicing Rights – Key Valuation Assumptions
| Dollars in millions | March 31, 2024 | December 31, 2023 |
|---|---|---|
| Fair value | $1,075 | $1,032 |
| Weighted-average life (years) | 3.9 | 3.9 |
| Weighted-average constant prepayment rate | 5.24% | 5.51% |
| Decline in fair value from 10% adverse change | $8 | $9 |
| Decline in fair value from 20% adverse change | $16 | $17 |
| Effective discount rate | 9.94% | 9.64% |
| Decline in fair value from 10% adverse change | $32 | $31 |
| Decline in fair value from 20% adverse change | $65 | $61 |
The PNC Financial Services Group, Inc. –Form 10-Q 63
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