Provision for Credit Losses
PNC Financial Services Provision for Credit Losses increased by 51.1% to $210.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 4.1%, from $219.00M to $210.00M. Over 4 years (FY 2021 to FY 2025), Provision for Credit Losses shows an upward trend with a 0.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase suggests deteriorating credit quality or a more conservative economic outlook, while a decrease suggests improved borrower health.
Detailed definition
The expense recognized to maintain an adequate allowance for credit losses based on the expected performance of the loan...
Peer comparison
A critical risk metric for all lenders, directly comparable across the banking sector.
other_financing_receivable_credit_loss_and_off_balance_s_5683bcHistorical Data
| 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 | $302.00M | -$203.00M | -$327.00M | -$208.00M | $36.00M | $241.00M | $408.00M | $235.00M | $146.00M | $129.00M | $232.00M | $155.00M | $235.00M | $243.00M | $156.00M | $219.00M | $254.00M | $167.00M | $139.00M | $210.00M |
| QoQ Change | — | -167.2% | -61.1% | +36.4% | +117.3% | +569.4% | +69.3% | -42.4% | -37.9% | -11.6% | +79.8% | -33.2% | +51.6% | +3.4% | -35.8% | +40.4% | +16.0% | -34.3% | -16.8% | +51.1% |
| YoY Change | — | — | — | — | -88.1% | +218.7% | +224.8% | +213.0% | +305.6% | -46.5% | -43.1% | -34.0% | +61.0% | +88.4% | -32.8% | +41.3% | +8.1% | -31.3% | -10.9% | -4.1% |
Business Segments — Corporate Institutional Banking
| Segment | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Asset Management Group | — | -$5.00M | $2.00M | -$2.00M | $1.00M | -$13.00M | $4.00M | $5.00M |
| All Other Segments | -$15.00M | — | — | — | — | — | — | — |
| Corporate Institutional Banking | $115.00M | $47.00M | $228.00M | $134.00M | — | — | — | — |
| Retail Banking1 | $130.00M | $118.00M | $27.00M | $111.00M | — | — | — | — |
| Total | $232.00M | $155.00M | $235.00M | $243.00M | $219.00M | $254.00M | $167.00M | $210.00M |
All Other Segments, Asset Management Group, Corporate Institutional Banking, Retail Banking1 were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Business Segments — Retail Banking
| Segment | Q1 '25 | Q4 '25 |
|---|---|---|
| Retail Banking | $168.00M | $155.00M |
| Corporate & Institutional Banking | $49.00M | $14.00M |
| Asset Management Group | $1.00M | -$11.00M |
| Total | $219.00M | $139.00M |
Provision for Credit Losses at Other Companies
Frequently Asked Questions
- What is PNC Financial Services's provision for credit losses?
- PNC Financial Services (PNC) reported provision for credit losses of $210.00M in Q1 2026.
- How has PNC Financial Services's provision for credit losses changed year-over-year?
- PNC Financial Services's provision for credit losses decreased by 4.1% year-over-year, from $219.00M to $210.00M.
- What is the long-term trend for PNC Financial Services's provision for credit losses?
- Over 4 years (2021 to 2025), PNC Financial Services's provision for credit losses has grown at a 0.0% compound annual growth rate (CAGR), from -$779.00M to $779.00M.
- What does provision for credit losses mean?
- The cost set aside to cover potential losses from bad loans.