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PNC Commercial Real Estate Loans Rise 22% as Nonperforming Credits Increase

PNC Commercial Real Estate Loans Rise 22% as Nonperforming Credits Increase

by John G. Stevens | Oct 15, 2026 | Commercial Real Estate News, Current News & Events, Mortgage Information

PNC Financial Services reported a sizable expansion in its commercial real estate loan book during the third quarter, even as problem credits increased, offering a mixed picture of bank exposure to property markets.The Pittsburgh-based lender held $37 billion in...
Former Black Rock Executive Named President of PNC

Former Black Rock Executive Named President of PNC

by Phil Hall | Apr 8, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

The PNC Financial Services Group Inc. (NYSE: PNC) announced the appointment of Mark Wiedman as president of the corporation and its wholly owned banking subsidiary, PNC Bank. Wiedman comes to PNC from BlackRock (NYSE: BLK), where he worked for the past two decades and...

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