PNC FINANCIAL SERVICES GROUP, INC.
For the period ended Sep 30, 2026. Filed Nov 3, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 3, 2026
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Financial Effect of Commercial FDMs
Table 55 presents the weighted average financial effect of commercial FDMs granted during the three and nine months ended September 30, 2026 and 2025:
Table 55: Financial Effect of Commercial FDMs (a)
| Three months ended September 30Dollars in millions | 2026 | 2025 | ||
|---|---|---|---|---|
| Amortized cost basis (b) | Financial effect | Amortized cost basis (b) | Financial effect | |
| Weighted-average term extension (months) | ||||
| Commercial and industrial | $583 | 18 | $501 | 25 |
| Commercial real estate | $547 | 12 | $241 | 6 |
| Interest rate reduction | ||||
| Commercial and industrial | $49 | 0.38% | $23 | 3.41% |
| Commercial real estate | $— | —% | $27 | 1.04% |
| Weighted-average payment delay (months) | ||||
| Commercial and industrial | $88 | 3 | $73 | 2 |
| Commercial real estate | $36 | 3 | $29 | 6 |
| Nine months ended September 30Dollars in millions | 2026 | 2025 | ||
|---|---|---|---|---|
| Amortized cost basis (b) | Financial effect | Amortized cost basis (b) | Financial effect | |
| Weighted-average term extension (months) | ||||
| Commercial and industrial | $1,043 | 19 | $1,091 | 23 |
| Commercial real estate | $1,452 | 15 | $631 | 14 |
| Interest rate reduction | ||||
| Commercial and industrial | $51 | 0.51% | $37 | 2.57% |
| Commercial real estate | $— | —% | $27 | 1.04% |
| Weighted-average payment delay (months) | ||||
| Commercial and industrial | $146 | 10 | $120 | 6 |
| Commercial real estate | $91 | 5 | $29 | 6 |
(a)Excludes the financial effects of modifications for loans that were paid off, charged off or otherwise liquidated as of the period end date.
(b)The amortized cost basis presented in Table 55 includes combination modification categories in addition to the standalone modification categories presented in Table 54. Primarily due to this reason, the amortized cost basis presented in Table 55 may not agree to the amortized cost basis presented alongside the standalone modification categories in Table 54. Amortized cost basis is as of the period end date.
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