Discontinued — last reported Q4 '23
Residential and commercial mortgage — Total noninterest income
PNC Financial Services Residential and commercial mortgage — Total noninterest income remained flat by 0.0% to $156.25M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 3.4%, from $161.75M to $156.25M. Over 2 years (FY 2021 to FY 2023), Residential and commercial mortgage — Total noninterest income shows a downward trend with a -14.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests higher mortgage origination volumes, improved servicing fee income, or favorable market conditions for loan sales, while a decrease may indicate reduced market activity or compressed margins in mortgage banking.
Detailed definition
This metric represents the total noninterest income generated specifically by the residential and commercial mortgage bu...
Peer comparison
Comparable to mortgage banking noninterest income reported by other diversified financial institutions and regional banks with significant mortgage operations.
pnc_segment_residential_and_commercial_mortgage_total_noninterest_incomeHistorical Data
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $850.00M | $647.00M | $625.00M |
| YoY Change | — | -23.9% | -3.4% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is PNC Financial Services's residential and commercial mortgage — total noninterest income?
- PNC Financial Services (PNC) reported residential and commercial mortgage — total noninterest income of $156.25M in Q4 2023.
- How has PNC Financial Services's residential and commercial mortgage — total noninterest income changed year-over-year?
- PNC Financial Services's residential and commercial mortgage — total noninterest income decreased by 3.4% year-over-year, from $161.75M to $156.25M.
- What is the long-term trend for PNC Financial Services's residential and commercial mortgage — total noninterest income?
- Over 2 years (2021 to 2023), PNC Financial Services's residential and commercial mortgage — total noninterest income has grown at a -14.3% compound annual growth rate (CAGR), from $850.00M to $625.00M.
- What does residential and commercial mortgage — total noninterest income mean?
- The total fee-based revenue earned from mortgage banking and servicing activities within the residential and commercial mortgage segment.