PNC Financial Services Group (PNC Financial Services Group) Allowance For Loans And Lease Losses : $-4,709 Mil (As of Dec. 2023)

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What is PNC Financial Services Group Allowance For Loans And Lease Losses?

PNC Financial Services Group's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was $-4,709 Mil.

PNC Financial Services Group's quarterly Allowance For Loans And Lease Losses declined from Jun. 2023 ($-4,637 Mil) to Sep. 2023 ($-4,658 Mil) and declined from Sep. 2023 ($-4,658 Mil) to Dec. 2023 ($-4,709 Mil).

PNC Financial Services Group's annual Allowance For Loans And Lease Losses increased from Dec. 2021 ($-4,778 Mil) to Dec. 2022 ($-4,631 Mil) but then declined from Dec. 2022 ($-4,631 Mil) to Dec. 2023 ($-4,709 Mil).

PNC Financial Services Group Allowance For Loans And Lease Losses Historical Data

The historical data trend for PNC Financial Services Group's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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PNC Financial Services Group Allowance For Loans And Lease Losses Chart

PNC Financial Services Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-2,697.00

-5,204.00

-4,778.00

-4,631.00

-4,709.00

PNC Financial Services Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-4,637.00	-4,637.00	-4,658.00	-4,709.00	-4,617.00

PNC Financial Services Group Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

PNC Financial Services Group Allowance For Loans And Lease Losses Related Terms

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PNC Financial Services Group (PNC Financial Services Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » PNC Financial Services Group Inc (NYSE:PNC) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

PNC:Mexico PNP:Germany

Address

300 Fifth Avenue, The Tower at PNC Plaza, Pittsburgh, PA, USA, 15222-2401

Website

https://www.pnc.com

PNC Financial Services Group is a diversified financial services company offering retail banking, corporate and institutional banking, asset management, and residential mortgage banking across the United States.

Executives

Guild Deborah	officer: Executive Vice President	847 PERSIMMON ROAD, SEWICKLEY PA 15143
Bryan Scott Salesky	director	2545 RAILROAD ST, SUITE 400, PITTSBURGH PA 15222
Joseph Alvarado	director	705 N. BAR Y ROAD, P.O. BOX 11368, JACKSON WY 83002
Kieran John Fallon	officer: Executive Vice President	17160 SPRING CREEK LANE, LEESBURG VA 20176
Michael P. Lyons	officer: Executive Vice President	249 FIFTH AVENUE, 1PNC, PITTSBURGH PA 15222
William S Demchak	officer: Vice Chairman and CFO	THE TOWER AT PNC PLAZA, 300 FIFTH AVENUE, PITTSBURGH PA 15222-2707
Overstrom Alexander E. C.	officer: Executive Vice President	643 PITCAIRN PLACE, PITTSBURGH PA 15232
Renu Khator	director	11 GREENWAY PLAZA, SUITE 2400, HOUSTON TX 77046
Robert A Niblock	director	1605 CURTIS BRIDGE ROAD, WILKESBORO NC 28697
Martin Pfinsgraff	director	354 KINGSBERRY DRIVE, ANNAPOLIS MD 21409
Michael J Hannon	officer: Chief Credit Policy Officer	249 FIFTH AVE, P1-POPP-30-1, PITTSBURGH PA 15222
Karen L. Larrimer	officer: Executive Vice President	ONE PNC PLAZA, 249 FIFTH AVENUE, PITTSBURGH PA 15222-2707
Ganesh Manapra Krishnan	officer: Executive Vice President	6416 INTERLAKEN DR, MCDONALD PA 15057
David L Cohen	director
Richard Kevin Bynum	officer: Executive Vice President	7567 GLEN POINTE CT., SPRINGFIELD VA 22153