PNC FINANCIAL SERVICES GROUP, INC.
For the period ended Sep 30, 2025. Filed Nov 3, 2025.
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Sep 30, 2025 · Filed Nov 3, 2025
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Delinquency Status of FDMs
After we modify a loan, we continue to track its performance under its most recent modified terms. The following table presents the performance, as of the period end date, of FDMs granted during the twelve months preceding September 30, 2025 and 2024.
Table 49: Delinquency Status of FDMs (a) (b)
| Twelve months ended September 30, 2025Dollars in millions | Current or Less Than 30 Days Past Due | 30-59 Days Past Due | 60-89 Days Past Due | 90 Days or More Past Due | NonperformingLoans | Total |
|---|---|---|---|---|---|---|
| Commercial | ||||||
| Commercial and industrial | $1,261 | $3 | $1 | $— | $116 | $1,381 |
| Commercial real estate | 662 | 1 | — | — | 223 | 886 |
| Equipment lease financing | 1 | — | — | — | — | 1 |
| Total commercial | 1,924 | 4 | 1 | — | 339 | 2,268 |
| Consumer | ||||||
| Residential real estate | 4 | — | — | — | 146 | 150 |
| Home equity | 4 | — | — | — | 31 | 35 |
| Credit card | 38 | 4 | 3 | 6 | 1 | 52 |
| Education | 4 | — | — | — | — | 4 |
| Other consumer | 2 | — | — | — | 2 | 4 |
| Total consumer | 52 | 4 | 3 | 6 | 180 | 245 |
| Total | $1,976 | $8 | $4 | $6 | $519 | $2,513 |
| Twelve months ended September 30, 2024Dollars in millions | Current or Less Than 30 Days Past Due | 30-59 Days Past Due | 60-89 Days Past Due | 90 Days or More Past Due | NonperformingLoans | Total |
| Commercial | ||||||
| Commercial and industrial | $1,213 | $18 | $1 | $— | $248 | $1,480 |
| Commercial real estate | 874 | — | — | — | 462 | 1,336 |
| Total commercial | 2,087 | 18 | 1 | — | 710 | 2,816 |
| Consumer | ||||||
| Residential real estate | 8 | 1 | — | — | 83 | 92 |
| Home equity | 5 | — | — | — | 27 | 32 |
| Credit card | 43 | 5 | 4 | 7 | 1 | 60 |
| Education | 4 | — | — | — | — | 4 |
| Other consumer | — | — | — | — | 2 | 2 |
| Total consumer | 60 | 6 | 4 | 7 | 113 | 190 |
| Total | $2,147 | $24 | $5 | $7 | $823 | $3,006 |
(a)Represents amortized cost basis.
(b)Loans in our Payment Delay category are reported as past due in accordance with their contractual terms. Once contractually modified, these loans are reported as past due in accordance with their restructured terms.
We generally consider FDMs to have subsequently defaulted when they become 60 days past due after the most recent date the loan was modified. Loans that were both (i) classified as FDMs, and (ii) subsequently defaulted during the three and nine months ended September 30, 2025 were $26 million and $179 million, respectively. Comparable amounts at September 30, 2024 were $96 million and $246 million, respectively.
The PNC Financial Services Group, Inc. –Form 10-Q 65
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