Auto drives PNC consumer loan charge-off drop


© Can Stock Photo / welcomia

PNC Financial Services’ auto portfolio was the primary driver of the bank’s $12 million drop in consumer loan net charge-offs in the third quarter, although the bank did not break out auto-specific charge-offs. Still, in auto, 30- and 90- day delinquencies ticked up from last quarter: 30-plus day delinquencies sat at 0.77%, an increase of […]

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