Sign in
Stories
PNC Faces Rising Charge-Offs
Share
2024: Year of Insolvency Predictions
Bancorp's Credit Rating Downgraded on Re...
Bank Asset/Liability Management Insights
Bank Earnings Season: How Households and...
Bank Earnings to Reveal Digital Pivots a...
Bank Valuations' Potential Rise
Overview
API
PNC Financial Services Group faces a surge in delinquencies and net loan charge-offs, primarily driven by commercial real estate. The commercial office portfolio reported $56 million in net loan charge-offs in the fourth quarter.
Ask a question
How does the trend of corporate deposits moving to larger banks influence the competitive landscape in the finance industry?
How might the rise in net loan charge-offs impact PNC's financial stability and investor confidence?
What strategies could PNC employ to mitigate the impact of commercial real estate on its loan charge-offs?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Oct 2023
Nov 2023
Dec 2023
Coverage