PNC · 10-Q · 2026Q2 · Full report
Commercial Loan Demand Growth
PNC FINANCIAL SERVICES GROUP, INC. · 2026-08-05 · Importance 54 · Surprise 40 · No source text
Average loans increased 12% year over year to $357.1 billion for the first six months of 2026, primarily driven by strong new production in commercial lending. Total commercial loans rose 14% from December 31, 2025 to $263.9 billion, including a $25.0 billion increase in commercial and industrial loans and a $6.4 billion increase in commercial real estate loans. Growth reflected strong new production, higher utilization of loan commitments and the addition of FirstBank loans.
Key facts
- Total commercial loans increased $31,414 million, or 14%, to $263,877 million at June 30, 2026 source
- At June 30, 2026 total commercial and industrial loans (Table 16 total) were $227,915 million; December 31, 2025: $202,898 million source
- Corporate & Institutional Banking total average loans at June 30, 2026: $229,821 million; 2025: $205,428 million source
- Corporate & Institutional Banking average commercial and industrial loans at June 30, 2026: $200,913 million; 2025: $173,872 million source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | realized | +5.1% | Total commercial loans increased $31,414 million, or 14%, to $263,877 million at June 30, 2026 |
| assets | positive | realized | +4.1% | At June 30, 2026 total commercial and industrial loans (Table 16 total) were $227,915 million; December 31, 2025: $202,898 million |
| assets | positive | realized | +4.0% | Corporate & Institutional Banking total average loans at June 30, 2026: $229,821 million; 2025: $205,428 million |