PNC FINANCIAL SERVICES GROUP, INC.

Quantitative information about the significant unobservable inputs within Level 3 recurring assets and liabilities follows:

Table 74: Fair Value Measurements – Recurring Quantitative Information

March 31, 2026

(a)Unobservable inputs were weighted by the relative fair value of the instruments.

(b)The assumed yield spread over the benchmark curve for each instrument is generally intended to incorporate non-interest rate risks, such as credit and liquidity risks.

(c)Consensus pricing refers to fair value estimates that are generally internally developed using information such as dealer quotes or other third-party provided valuations or comparable asset prices.

(d)Represents the aggregate amount of Level 3 assets and liabilities measured at fair value on a recurring basis that are individually and in the aggregate insignificant. The amount includes certain financial derivative assets and liabilities, certain debt securities available-for-sale, government insured residential real estate loans, home equity loans, other assets, other borrowed funds and other liabilities. At March 31, 2026, this amount also includes residential mortgage loans held for sale.

(e)Consists of total Level 3 assets of $7.6 billion and total Level 3 liabilities of $0.2 billion as of March 31, 2026 and $7.7 billion and $0.2 billion as of December 31, 2025, respectively.

78 The PNC Financial Services Group, Inc. –Form 10-Q

Financial Assets Accounted for at Fair Value on a Nonrecurring Basis

We may be required to measure certain financial assets at fair value on a nonrecurring basis. These adjustments to fair value usually result from the application of lower of amortized cost or fair value accounting or write-downs of individual assets due to impairment and are included in Table 75. For more information regarding the valuation methodologies of our financial assets measured at fair value on a nonrecurring basis, see Note 14 Fair Value in our 2025 Form 10-K.