Gross charge-offs
PNC Financial Services Gross charge-offs increased by 20.7% to $309.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.0%, from $312.00M to $309.00M. Over 3 years (FY 2021 to FY 2025), Gross charge-offs shows relatively stable performance with a 2.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase indicates deteriorating credit quality in the loan portfolio, while a decrease suggests improved underwriting or a healthier borrower base.
Detailed definition
Represents the total value of financing receivables that have been deemed uncollectible and removed from the balance she...
Peer comparison
Standard metric for financial institutions; peers report this as 'Gross Charge-offs' or 'Loan Write-offs'.
other_financing_receivable_excluding_accrued_interest_al_27144dHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | 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 | $275.25M | $275.25M | $275.25M | $222.00M | $317.00M | $282.00M | $293.00M | $233.00M | $284.00M | $330.00M | $375.00M | $376.00M | $354.00M | $312.00M | $324.00M | $284.00M | $256.00M | $309.00M |
| QoQ Change | — | +0.0% | +0.0% | -19.3% | +42.8% | -11.0% | +3.9% | -20.5% | +21.9% | +16.2% | +13.6% | +0.3% | -5.9% | -11.9% | +3.8% | -12.3% | -9.9% | +20.7% |
| YoY Change | — | — | — | -19.3% | +15.2% | — | — | +5.0% | -10.4% | +17.0% | +28.0% | +61.4% | +24.6% | -5.5% | -13.6% | -24.5% | -27.7% | -1.0% |
Gross charge-offs at Other Companies
Frequently Asked Questions
- What is PNC Financial Services's gross charge-offs?
- PNC Financial Services (PNC) reported gross charge-offs of $309.00M in Q1 2026.
- How has PNC Financial Services's gross charge-offs changed year-over-year?
- PNC Financial Services's gross charge-offs decreased by 1.0% year-over-year, from $312.00M to $309.00M.
- What is the long-term trend for PNC Financial Services's gross charge-offs?
- Over 3 years (2021 to 2025), PNC Financial Services's gross charge-offs has grown at a 2.2% compound annual growth rate (CAGR), from $1.10B to $1.18B.
- What does gross charge-offs mean?
- The total amount of loans or receivables written off as uncollectible.