PNC FINANCIAL SERVICES GROUP INC
For the period ended Dec 31, 2024. Filed Feb 21, 2025.
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FY2024 · Filed Feb 21, 2025
PNC$231.300.0%Stored close · as of Nov 10, 2026
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Commercial Mortgage Servicing Rights – Key Valuation Assumptions
Table 65: Commercial Mortgage Servicing Rights – Key Valuation Assumptions
| Dollars in millions · December 31, 2024 · December 31, 2023 | |||
|---|---|---|---|
| Fair value | $1,085 | $1,032 | |
| Weighted-average life (years) | 3.8 | 3.9 | |
| Weighted-average constant prepayment rate | 4.45 | % | 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 | 11.18 | % | 9.64% |
| Decline in fair value from 10% adverse change | $35 | $31 | |
| Decline in fair value from 20% adverse change | $69 | $61 | |
The PNC Financial Services Group, Inc. –2024 Form 10-K 137
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