PNC FINANCIAL SERVICES GROUP, INC.
For the period ended Sep 30, 2026. Filed Nov 3, 2026.
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Sep 30, 2026 · Filed Nov 3, 2026
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Delinquency Status of Commercial 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 the twelve months preceding September 30, 2026 and 2025:
Table 56: Delinquency Status of Commercial FDMs (a) (b)
| Twelve months ended September 30Dollars 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 | $1,538 | $4 | $— | $— | $334 | $1,876 |
| Commercial real estate | 1,514 | — | 55 | — | 149 | 1,718 |
| Total commercial | $3,052 | $4 | $55 | $— | $483 | $3,594 |
| Commercial | ||||||
| Commercial and industrial | $1,262 | $3 | $1 | $— | $116 | $1,382 |
| Commercial real estate | 662 | 1 | — | — | 223 | 886 |
| Total commercial | $1,924 | $4 | $1 | $— | $339 | $2,268 |
(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 the three and nine months ended September 30, 2026 were $61 million and $131 million, respectively. Comparable amounts at September 30, 2025 were $5 million and $110 million, respectively.
The PNC Financial Services Group, Inc. –Form 10-Q 67
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