PNC Financial Services Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff (Recovery) increased by 56.2% to $253.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 23.4%, from $205.00M to $253.00M. Over 3 years (FY 2021 to FY 2025), Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff (Recovery) shows an upward trend with a 4.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
High levels of net write-offs relative to the reserve suggest aggressive credit risk realization, whereas recoveries signal effective collection efforts.
Reflects the net impact of write-offs and subsequent recoveries on the allowance for credit losses for financing receiva...
Commonly reported by banks and insurers with lending operations as 'Net Charge-offs'.
other_financing_receivable_excluding_accrued_interest_al_e2d57a| 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 | $164.25M | $164.25M | $164.25M | $119.00M | $224.00M | $195.00M | $194.00M | $121.00M | $200.00M | $243.00M | $262.00M | $286.00M | $250.00M | $205.00M | $198.00M | $179.00M | $162.00M | $253.00M |
| QoQ Change | — | +0.0% | +0.0% | -27.5% | +88.2% | -12.9% | -0.5% | -37.6% | +65.3% | +21.5% | +7.8% | +9.2% | -12.6% | -18.0% | -3.4% | -9.6% | -9.5% | +56.2% |
| YoY Change | — | — | — | -27.5% | +36.4% | — | — | +1.7% | -10.7% | +24.6% | +35.1% | +136.4% | +25.0% | -15.6% | -24.4% | -37.4% | -35.2% | +23.4% |