EXHIBIT 11

CALCULATION OF PRIMARY AND FULLY DILUTED EARNINGS PER COMMON SHARE
PNC BANK CORP. AND SUBSIDIARIES

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IN THOUSANDS, EXCEPT PER SHARE DATA         THREE MONTHS ENDED MARCH 31                 1994           1993  
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<S>                                                                                   <C>            <C>      
PRIMARY AVERAGE COMMON SHARES OUTSTANDING                                       
Weighted average shares of common stock outstanding                                   $234,863       $233,056 
Weighted average common shares to be issued                                     
using average market price and assuming:                                        
 Exercise of stock options                                                               1,835          2,759 
 Exercise of warrants                                                                                      99 
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 Primary weighted average common shares outstanding                                    236,698        235,914 
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FULLY DILUTED AVERAGE COMMON SHARES OUTSTANDING                                 
Weighted average shares of common stock outstanding                                    234,863        233,056
Weighted average common shares to be issued                                     
using average market price or period-end market                                 
price, whichever is higher, and assuming:                                       
 Conversion of preferred stock Series A & B                                                241            267 
 Conversion of preferred stock Series C                                                    705            787 
 Conversion of preferred stock Series D                                                    873          1,013 
 Conversion of debentures                                                                   75             91 
 Exercise of stock options                                                               1,835          3,120 
 Exercise of warrants                                                                                     101 
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 Fully diluted weighted average 
  common shares outstanding                                                            238,592        238,435 
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PRIMARY EARNINGS PER COMMON SHARE                                               
Income before cumulative effect of changes in                                   
 accounting principles                                                                $205,689       $187,011 
Cumulative effect of changes in                                                 
accounting principles,                                                          
 net of tax benefit of $5,343                                                                         (19,393)
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Net income                                                                             205,689        167,618 
Less: Preferred dividends declared                                                         419            512
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Net income applicable to primary earnings                                       
 per common share                                                                     $205,270       $167,106 
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Primary before cumulative effect of                                            
 changes in accounting principles                                                         $.87           $.79 
Cumulative effect of changes in                                                 
  accounting principles                                                                                  (.08)
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Primary earnings per common share                                                         $.87           $.71 
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FULLY DILUTED EARNINGS PER COMMON SHARE                                         
Income before cumulative effect of changes                                      
 in accounting principles                                                             $205,689       $187,011 
Cumulative effect of changes in                                                 
 accounting principles,                                                         
 net of tax benefit of $5,343                                                                         (19,393)  
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Net income                                                                             205,689        167,618 
Add:  Interest expense on convertible                                           
       debentures (net of tax)                                                              12             16 
Less: Dividends declared on non-convertible                                     
       preferred stock                                                                                     34 
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Net income applicable to fully diluted                                         
 earnings per common share                                                            $205,701       $167,600 
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Fully diluted before cumulative effect                                         
 of changes in accounting principles                                                      $.86           $.78 
Cumulative effect of changes in                                                
  accounting principles                                                                                  (.08)
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Fully diluted earnings per common share                                                   $.86           $.70 
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