PNC Financial Services Preferred stock discount accretion and redemptions decreased by 66.7% to $1.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 50.0%, from $2.00M to $1.00M. Over 3 years (FY 2022 to FY 2025), Preferred stock discount accretion and redemptions shows an upward trend with a 21.6% CAGR.
Fluctuations indicate active management of the capital structure, such as the retirement of expensive preferred equity or the amortization of issuance costs.
The non-cash adjustments related to the amortization of discounts on preferred stock issuances or the impact of redeemin...
Commonly reported by banks with complex capital structures involving multiple classes of preferred stock.
other_preferred_stock_discount_accretion_and_redemptions| 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 | $1.25M | $1.25M | $1.25M | $1.25M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $3.00M | $1.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +60.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +50.0% | -66.7% |
| YoY Change | — | — | — | — | +60.0% | +60.0% | +60.0% | +60.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +50.0% | -50.0% |