PNC Financial Services Borrowings at Fair Value increased by 49.3% to $4.50B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.1%, from $4.16B to $4.50B. Over 5 years (FY 2020 to FY 2025), Borrowings at Fair Value shows a downward trend with a -14.0% CAGR.
Changes reflect both shifts in market interest rates and changes in the bank's credit spread, impacting the valuation of liabilities.
This represents debt obligations that the bank has elected to measure at fair value rather than amortized cost. This acc...
Used by large financial institutions under fair value option accounting standards.
borrowings_at_fair_value| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $7.12B | $7.07B | $7.00B | $6.77B | $7.49B | $7.29B | $6.31B | $5.63B | $5.55B | $4.73B | $4.88B | $4.83B | $4.08B | $4.20B | $4.10B | $4.16B | $3.49B | $3.51B | $3.02B | $4.50B |
| QoQ Change | — | -0.6% | -1.1% | -3.3% | +10.7% | -2.7% | -13.4% | -10.7% | -1.5% | -14.8% | +3.1% | -1.0% | -15.5% | +2.9% | -2.2% | +1.4% | -16.2% | +0.6% | -14.1% | +49.3% |
| YoY Change | — | — | — | — | +5.2% | +3.0% | -9.8% | -16.8% | -25.9% | -35.1% | -22.7% | -14.3% | -26.5% | -11.3% | -15.8% | -13.8% | -14.4% | -16.3% | -26.5% | +8.1% |