PNC FINANCIAL SERVICES GROUP, INC.
For the period ended Dec 31, 2025. Filed Feb 20, 2026.
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FY2025 · Filed Feb 20, 2026
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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 commercial FDMs granted during 2025, 2024, and 2023:
Table 53: Delinquency Status of Commercial FDMs (a) (b)
| Year ended December 31Dollars 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 | $1,708 | $16 | $8 | $— | $182 | $1,914 |
| Commercial real estate | 877 | — | — | — | 218 | 1,095 |
| Total commercial | $2,585 | $16 | $8 | $— | $400 | $3,009 |
| Commercial | ||||||
| Commercial and industrial | $1,191 | $9 | $4 | $— | $225 | $1,429 |
| Commercial real estate | 864 | — | — | — | 426 | 1,290 |
| Equipment lease financing | 2 | — | — | — | — | 2 |
| Total commercial | $2,057 | $9 | $4 | $— | $651 | $2,721 |
| Commercial | ||||||
| Commercial and industrial | $828 | $14 | $— | $— | $257 | $1,099 |
| Commercial real estate | 863 | — | — | — | 104 | 967 |
| Total commercial | $1,691 | $14 | $— | $— | $361 | $2,066 |
(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. Commercial loans that were both (i) classified as FDMs, and (ii) subsequently defaulted during 2025, 2024, and 2023 were $153 million, $223 million and $272 million, respectively.
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