The PNC Financial Services Group, Inc.
Second Quarter 2010
Earnings Conference Call
July 22, 2010
Exhibit 99.2

2
Cautionary Statement Regarding Forward-Looking
Information
and Adjusted Information
This
presentation
includes
“snapshot”
information
about
PNC
used
by
way
of
illustration.
It
is
not
intended
as
a
full
business
or
financial
review
and
should
be
viewed
in
the
context
of
all
of
the
information
made
available
by
PNC
in
its
SEC
filings.
The
presentation
also
contains
forward-looking
statements
regarding
our
outlook
or
expectations
relating
to
PNC’s
future
business,
operations,
financial
condition,
financial
performance,
capital
and
liquidity
levels,
and
asset
quality.
Forward-looking
statements
are
necessarily
subject
to
numerous
assumptions,
risks
and
uncertainties,
which change
over
time.
The
forward-looking
statements
in
this
presentation
are
qualified
by
the
factors
affecting
forward-looking
statements
identified
in
the
more
detailed
Cautionary
Statement
included
in
the
Appendix,
which
is
included
in
the
version
of
the
presentation
materials
posted
on
our
corporate
website
at
www.pnc.com/investorevents.
We
provide
greater
detail
regarding
some
of
these
factors
in
our
2009
Form
10-K
and
1st
quarter
2010
Form
10-Q,
including
in
the
Risk
Factors
and
Risk
Management
sections
of
those
reports,
and
in
our
subsequent
SEC
filings
(accessible
on
the
SEC’s
website
at
www.sec.gov
and
on
or
through
our
corporate
website
at
www.pnc.com/secfilings).
We
have
included
web
addresses
here
and
elsewhere
in
this
presentation
as
inactive
textual
references
only.
Information
on
these
websites
is
not
part
of
this
document.
Future
events
or
circumstances
may
change
our
outlook
or
expectations
and
may
also
affect
the
nature
of
the
assumptions,
risks
and
uncertainties to
which
our
forward-
looking
statements
are
subject.
The
forward-looking
statements
in
this
presentation
speak
only
as
of
the
date
of
this
presentation.
We
do
not
assume
any
duty
and
do
not
undertake
to
update
those
statements.
In
this
presentation,
we
will
sometimes
refer
to
adjusted
results
to
help
illustrate
the
impact
of
certain
types
of
items,
such
as
the
acceleration
of
accretion
of
the
remaining
issuance
discount
on
our
TARP
preferred
stock
in
connection
with
the
first
quarter
2010
redemption
of
such
stock,
our
fourth
quarter
2009
gain
related
to
BlackRock’s
acquisition
of
Barclays
Global
Investors
(the
“BLK/BGI
gain”),
and
integration
costs
in
the
2010
and
2009
periods.
This
information
supplements
our
results
as
reported
in
accordance
with
GAAP
and
should
not
be
viewed
in
isolation
from,
or
a
substitute
for,
our
GAAP
results.
We
believe
that
this
additional
information
and
the
reconciliations
we
provide
may
be
useful
to
investors,
analysts,
regulators
and
others
as
they
evaluate
the
impact
of
these
respective
items
on
our
results
for
the
periods
presented
due
to
the
extent
to
which
the
items
are
not
indicative
of
our
ongoing
operations.
In
certain
discussions,
we
may
also
provide
information
on
yields
and
margins
for
all
interest-earning
assets
calculated
using
net
interest
income
on a
taxable-
equivalent
basis
by
increasing
the
interest
income
earned
on
tax-exempt
assets
to
make
it
fully
equivalent
to
interest
income
earned
on
taxable
investments.
We
believe
this
adjustment
may
be
useful
when
comparing
yields
and
margins
for
all
earning
assets.
We
may
also
provide
information
on
pretax
pre-provision
earnings
(total
revenue
less
noninterest
expense),
as
we
believe
that
pretax
pre-provision
earnings
is
useful
as
a
tool
to
help
evaluate
the
ability
to
provide
for
credit
costs
through
operations.
This
presentation
may
also
include
discussion
of
other
non-GAAP
financial
measures,
which,
to
the
extent
not
so
qualified
therein
or
in
the
Appendix,
is
qualified
by
GAAP
reconciliation
information
available
on
our
corporate
website
at
www.pnc.com
under
“About
PNC–Investor
Relations.”

3
Significant 2Q10 Achievements
Delivered strong financial results
Balance sheet remains well-positioned
Businesses continued to perform well; continued to grow clients and deepen
relationships
Successfully completed the conversion of more than 6 million customers and 1,300
branches across 9 states from National City Bank to PNC
Closed the sale of PNC Global Investment Servicing
1
PNC Continues to Build a Great Company.
PNC Continues to Build a Great Company.
(1)
Transaction
closed
on
July
1,
2010.
(2)
1Q10
adjusted
for
the
impact
of
the
accelerated
accretion
of
the
remaining
issuance
discount
in
connection
with
the
redemption
of
our
TARP
preferred
stock.
Both
quarters
adjusted
for
after-tax
integration
costs.
Further
information
is
provided
in
the
Appendix.
$2.91
$1.31
$1.60
Adjusted diluted EPS
2
$2.15
$.66
$1.47
Diluted EPS from net income
1.12%
1.02%
1.22%
Return on average assets
Net income
$1.5 billion
$671 million
$803 million
2Q10
YTD10
1Q10

4
Higher Quality, Differentiated Balance Sheet
$265.4
26.5
.6
13.3
$42.5
$182.5
10.7
45.4
$126.4
$265.4
50.5
157.3
$57.6
March 31,
2010
14.1
Other
.6
Preferred equity
$261.7
Total liabilities and equity
$40.5
Borrowed funds
10.4
Other time/savings
$178.8
Total deposits
27.7
Common equity
42.7
Retail CDs
$125.7
Transaction deposits
53.7
Other assets
154.3
Total loans
$261.7
Total assets
$53.7
June 30, 2010
Investment securities
Category (billions)
Loans/assets
59%
Investment
securities/assets
21%
Loans/deposits
86%
Duration of equity
1
(3.0) years
June 30, 2010
key statistics
(1) Estimated.

5
Key Take-Aways
$1.7
$1.9
Pretax
pre-provision
earnings
2
(billions)
Strong earnings
$1.60
$1.47
2Q10
1Q10
$1.31
Adjusted
earnings
per
diluted
common
share
1
$.66
Reported earnings per diluted common share
2%
(8%)
Nonperforming loans -
change from prior quarter
Stabilization of
credit quality, 
reserve level
adequacy
101%
$823
2Q10
1Q10
92%
Allowance
for
loan
and
lease
losses
3
to
NPLs
$751
Provision for credit losses (millions)
Improvement in
the quality of our
capital structure
9.0%
4
8.4%
4
2Q10
1Q10
Proforma
Tier
1
common
ratio
5
7.9%
Tier 1 common ratio
(1)
1Q10
adjusted
for
the
impact
of
the
accelerated
accretion
of
the
remaining
issuance
discount
in
connection
with
the
redemption
of
our
TARP
preferred
stock.
Both
quarters
adjusted
for
after-tax
integration
costs.
Further
information
is
provided
in
the
Appendix.
(2)
Total
revenue
less
noninterest
expense.
Further
information
is
provided
in
the
Appendix.
(3)
Includes
impairment
reserves
attributable
to
purchased
impaired
loans.
NPLs
do
not
include
purchased
impaired
loans
or
loans
held
for
sale.
See
notes
to
slide
8.
(4)
Estimated.
(5)
Proforma
ratio
reflects
the
estimated
impact
of
the
sale
of
PNC
Global
Investment
Servicing,
which
closed
on
July
1,
2010.
Further
information
is
provided
in
the
Appendix.

6
Pretax Pre-Provision Earnings
1
More Than
Doubled Credit Costs
$3.9
$2.0
$1.9
$.8
2Q10
2Q10 noninterest income mix
(1) Total revenue less noninterest expense.  (2) For the six months ended June 30, 2010, total revenue was $7.675 billion, noninterest expense was $4.115 billion
and provision was $1.574 billion.  Further information is provided in the Appendix.
Asset
management
$243
Consumer services
$315
Corporate services
$261
Residential
mortgage
$179
Deposit
service
charges
$209
17%
21%
14%
18%
12%
Other
$270
18%
Categories in millions
Total
revenue
Noninterest
expense
Pretax
pre-provision
earnings¹
Provision
$.8
Net
income
YTD
2010 pretax pre-
provision
earnings
1,2
of $3.6 billion
exceeded provision
by 2.26x
$1.5
billion

7
Initial Cost Save Objectives Exceeded –
New Target of $1.8 Billion
Highlights
Successfully captured $1.6 billion in annualized
acquisition-related cost savings through 2Q10,
well ahead of our original target amount and
schedule
Established a new goal of $1.8 billion in
annualized acquisition-related cost saves by the
end of 2010
Continued to successfully manage expense
base in 2Q10 while investing for the future
$800
million
captured in
2009
$800
million
captured
through
2Q10
PNC acquisition-related cost saves
annualized
12/31/08 –
12/31/09
1/1/10 –
6/30/10
New goal
4Q10
$1.8 billion
$1.6 billion

8
Overall Credit Quality Continued to Stabilize
(1)
Excludes
loans
that
are
government
insured/guaranteed,
primarily
residential
mortgages.
(2)
Loans
acquired
from
National
City
that
were
impaired
are
not
included
as
they
were
recorded
at
estimated
fair
value
when
acquired
and
are
currently
considered
performing
loans
due
to
the
accretion
of
interest
in
purchase
accounting.
Does
not
include
loans
held
for
sale
or
foreclosed
and
other
assets.
(3)
Net
charge-offs
to
average
loans
percentages
are
annualized.
(4)
Includes
impairment
reserves
attributable
to
purchased
impaired
loans.
110%
94%
89%
92%
101%
Allowance/NPLs²
$1,087
$914
$1,049
$751
$823
Provision for credit losses
27%
3.46%
2.18%
$840
(8%)
$5,281
$647
$1,780
2Q10
1.89%
1.59%
2.09%
1.77%
NCOs/average loans³
$795
$650
$835
$691
Total net charge-offs
Credit costs and net
charge-offs (millions,
except %)
28%
3.38%
2%
$5,761
$846
$2,482
1Q10
40%
23%
11%
Change from prior quarter
32%
3.22%
$5,671
$884
$2,388
4Q09
Allowance
4
and marks on
purchased impaired
loans
2.77%
2.99%
Allowance/loans
38%
37%
Marks as a % of outstanding
purchased impaired loans
Nonperforming loans²
(millions, except %)
Accruing loans past
due
1,2
(millions)
$2,195
$2,380
30 –
89 days
$1,043
$875
90 days or more
$4,156
$5,126
Total nonperforming loans
2Q09
3Q09

9
Further Improvement in Quality of Capital Structure
Tier 1 common capital ratio
Ratios
as
of
quarter
end.
(1)
Estimated.
(2)
Proforma
ratio
reflects
the
estimated
impact
of
the
sale
of
PNC
Global
Investment
Servicing,
which
closed
on
July
1,
2010.
Further
information
is
provided
in
the
Appendix.
(3)
Tier
1
risk-based
capital
ratio
was
10.5%
and
Tier
1
common
capital
ratio
was
5.3%
as
of
2Q09.
Estimated
Tier
1
risk-based
capital
ratio
as
of
2Q10
was
10.8%.
4Q09
2Q10
1
7.9%
Highlights
Improved quality of capital
-
Common
as
a
%
of
Tier
1
capital
3
increased to 78%
1
from 50% in
2Q09
Capital priorities
-
Maintain strong capital levels
-
Support our clients
-
Invest in our businesses
-
Return capital to shareholders
when appropriate
9.0%
Pro-
forma
1,2
6.0%
1Q10
8.4%

10
Framework for Success
Execute on and deliver the PNC business
model
Capitalize on integration opportunities
Emphasize continuous improvement culture
Leverage credit that meets our risk/return
criteria
Focus on cross selling PNC’s deep product
offerings
Focus “front door”
on risk-adjusted returns
Leverage “back door”
credit liquidation
capabilities
Maximize credit portfolio value
Reposition deposit gathering strategies
Action Plans
1.12%
$1.6 billion
37%
2.0%
86%
June 30, 2010
1.50%+
$1.8 billion
>50%
0.3%-0.5%
80%-90%
Strategic
Objective
Return on average
assets
(six months ended)
Key Metrics
Loans to deposits
ratio
(as of)
Provision to average
loans
(provision for six months
ended, annualized)
Noninterest
income/total revenue
(six months ended)
Acquisition-related
cost savings
(2Q10 annualized run rate)
Executing our
strategies
PNC Business
Model
Staying core
funded
Returning to a
moderate risk
profile
Growing high
quality, diverse
revenue streams
Creating positive
operating
leverage
=
original
goal
achieved.
=
new
goal
established
in
2Q10;
original
goals
for
annualized
acquisition-related
cost
savings
and
return
on
average
assets
were
$1.2
billion
and
1.30%+,
respectively.

11
Summary
PNC Continues to Build a Great Company.
PNC Continues to Build a Great Company.
The continued execution of PNC’s business model
resulted in a strong first half of 2010
The completed National City branch conversions
position PNC to achieve substantial revenue growth
PNC is well-positioned to achieve its strategic financial
objectives

12
Cautionary Statement Regarding Forward-Looking Information
Appendix

13
Cautionary Statement Regarding Forward-Looking Information
(continued)
Appendix

14
Cautionary Statement Regarding Forward-Looking Information
(continued)
Appendix

15
Impact of Sale of PNC Global Investment Servicing
1
1.1
Net intangible assets
1.3
Goodwill and other intangible assets
Elimination of net intangible assets:
Less:
(1.7)
Book equity / intercompany debt
(billions)
$1.4
(0.2)
0.3
(0.3)
0.6
$2.3
Estimated PNC tangible capital improvement
Eligible deferred income taxes on goodwill and
other intangible assets
After-tax gain
Income taxes
Pretax gain
Sales price
Estimated gain and capital enhancement
Appendix
(1) The transaction closed on July 1, 2010.

16
Risk-Based Capital Ratios
9.7%
4.8%
Ratios
as
of
December
31,
2008
3
1.4
1.4
Net
impact
of
July
1,
2010
sale
of
GIS
2
11.4%
9.0%
Proforma
ratios
as
of
June
30,
2010
1
$24.8
$19.7
Proforma
10.8%
8.4%
Ratios
as
of
June
30,
2010
1
$18.3
Tier 1 common
$23.4
June 30, 2010 -
Capital
Tier 1 risk-based
$ in billions
(1)
Estimated.
(2)
The
sale
of
PNC
Global
Investment
Servicing
(“GIS”)
closed
on
July
1,
2010.
We
believe
that
the
disclosure
of
these
ratios
reflecting
the
impact
of
the
sale
of
GIS
provides
additional
meaningful
information
regarding
the
risk-based
capital
ratios
at
that
date
and
the
impact
of
this
event
on
these
ratios.
(3)
December
31,
2008
is
the
closing
date
of
our
acquisition
of
National
City.
Appendix

17
Non-GAAP to GAAP Reconcilement
Appendix
In millions except per share data
Adjustments,
pretax
Income taxes
(benefit)
1
Net income
Net income
attributable to
common shareholders
Diluted EPS from
net income
Net income and diluted EPS, as reported
$803
$786
$1.47
Adjustments:
Integration costs
$100
($35)
65
65
.13
Net income and diluted EPS, as adjusted
$868
$851
$1.60
In millions except per share data
Adjustments,
pretax
Income taxes
(benefit)
1
Net income
Net income
attributable to
common shareholders
Diluted EPS from
net income
Net income and diluted EPS, as reported
$671
$333
$.66
Adjustments:
Integration costs
$113
($40)
73
73
.15
TARP preferred stock accelerated discount accretion
2
250
.50
Net income and diluted EPS, as adjusted
$744
$656
$1.31
In millions except per share data
Adjustments,
pretax
Income taxes
(benefit)
1
Net income
Net income
attributable to
common shareholders
Diluted EPS from
net income
Net income and diluted EPS, as reported
$207
$65
$.14
Adjustments:
Integration costs
$125
($34)
91
91
.20
Net income and diluted EPS, as adjusted
$298
$156
$.34
For the three months ended June 30, 2009
(1) Calculated using a marginal federal income tax rate of 35% and includes applicable income tax adjustments.
(2) Represents accelerated accretion of the remaining issuance discount on redemption of the TARP preferred stock in February 2010.
PNC
believes
that
information
adjusted
for
the
impact
of
certain
items
may
be
useful
due
to
the
extent
to
which
the
items
are
not
indicative
of
our
ongoing
operations.
For the three months ended March 31, 2010
For the three months ended June 30, 2010

18
Non-GAAP to GAAP Reconcilement
Appendix
In millions except per share data
Adjustments,
pretax
Income taxes
(benefit)
1
Net income
Net income
attributable to
common shareholders
Diluted EPS from
net income
Net income and diluted EPS, as reported
$1,474
$1,119
$2.15
Adjustments:
Integration costs
$213
($75)
138
138
.27
TARP preferred stock accelerated discount accretion
2
250
.49
Net income and diluted EPS, as adjusted
$1,612
$1,507
$2.91
In millions except per share data
Adjustments,
pretax
Income taxes
(benefit)
1
Net income
Net income
attributable to
common shareholders
Diluted EPS from
net income
Net income and diluted EPS, as reported
$737
$525
$1.16
Adjustments:
Integration costs
$177
($52)
125
125
.28
Net income and diluted EPS, as adjusted
$862
$650
$1.44
For the six months ended June 30, 2009
(1) Calculated using a marginal federal income tax rate of 35% and includes applicable income tax adjustments.
(2) Represents accelerated accretion of the remaining issuance discount on redemption of the TARP preferred stock in February 2010.
PNC
believes
that
information
adjusted
for
the
impact
of
certain
items
may
be
useful
due
to
the
extent
to
which
the
items
are
not
indicative
of
our
ongoing
operations.
For the six months ended June 30, 2010
Three months ended
Six months ended
June 30, 2010
March 31, 2010
June 30, 2010
in millions
Total revenue
$3,912
$3,763
$7,675
Noninterest expense
2,002
2,113
4,115
Pretax pre-provision earnings
$1,910
$1,650
$3,560
Provision
$823
$751
$1,574
Excess of pretax pre-provision earnings over provision
$1,087
$899
$1,986
Pretax pre-provision earnings/provision
2.32
2.20
2.26
PNC believes that pretax pre-provision earnings is useful as a tool to help evaluate the ability to provide for credit costs through operations.

19
Non-GAAP to GAAP Reconcilement
Appendix
In millions except per share data
Adjustments,
pretax
Income taxes
(benefit)
1
Net income
Net income
attributable to
common shareholders
Diluted EPS from
net income
Net income and diluted EPS, as reported
$1,107
$1,011
$2.17
Adjustments:
Gain on BlackRock/BGI transaction
($1,076)
$389
(687)
(687)
(1.49)
Integration costs
155
(54)
101
101
.22
Net income and diluted EPS, as adjusted
$521
$425
$.90
(1)
Calculated
using
a
marginal
federal
income
tax
rate
of
35%.
The
after-tax
gain
on
the
BlackRock/BGI
transaction
also
reflects
the
impact
of
state
income
taxes.
For the three months ended December 31, 2009
PNC
believes
that
information
adjusted
for
the
impact
of
certain
items
may
be
useful
due
to
the
extent
to
which
the
items
are
not
indicative
of
our
ongoing
operations.

20
Peer Group of Banks
Appendix
The PNC Financial Services Group, Inc.
PNC
BB&T Corporation
BBT
Bank of America Corporation
BAC
Capital One Financial, Inc.
COF
Comerica Inc.
CMA
Fifth Third Bancorp
FITB
JPMorgan Chase
JPM
KeyCorp
KEY
M&T Bank
MTB
Regions Financial Corporation
RF
SunTrust Banks, Inc.
STI
U.S. Bancorp
USB
Wells Fargo & Co.
WFC
Ticker