Discontinued — last reported Q1 '24

Business Segments · Provision for (recapture of) credit losses

All Other Segments — Provision for (recapture of) credit losses

PNC Financial Services All Other Segments — Provision for (recapture of) credit losses increased by 66.7% to -$5.00M in Q1 2024 compared to the prior quarter. Year-over-year, this metric declined by 131.3%, from $16.00M to -$5.00M. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2018
Last reportedQ1 2024May 2, 2024

How to read this metric

An increase in expense signals deteriorating credit quality or portfolio growth, while a recapture signals improved credit outlook or reduced exposure.

Detailed definition

This represents the expense or recovery recorded to adjust the allowance for credit losses on financing receivables and...

Peer comparison

Comparable to 'Provision for Credit Losses' in corporate or unallocated segments at peer financial institutions.

Metric ID: pnc_segment_other_provision_for_recapture_of_credit_losses

Historical Data

11 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24
Value-$39.00M$15.00M$0.00-$11.00M-$7.00M-$5.00M$16.00M-$39.00M-$11.00M-$15.00M-$5.00M
QoQ Change+138.5%-100.0%+36.4%+28.6%+420.0%-343.8%+71.8%-36.4%+66.7%
YoY Change+82.1%-133.3%+245.5%-457.1%-120.0%-131.3%
Range-$39.00M$16.00M
CAGR-56.0%
Avg YoY Growth-85.7%
Median YoY Growth-125.6%

Frequently Asked Questions

What is PNC Financial Services's all other segments — provision for (recapture of) credit losses?
PNC Financial Services (PNC) reported all other segments — provision for (recapture of) credit losses of -$5.00M in Q1 2024.
How has PNC Financial Services's all other segments — provision for (recapture of) credit losses changed year-over-year?
PNC Financial Services's all other segments — provision for (recapture of) credit losses decreased by 131.3% year-over-year, from $16.00M to -$5.00M.
What does all other segments — provision for (recapture of) credit losses mean?
The cost or benefit recorded for expected loan losses within the miscellaneous segment.