Electronic presentation slides for earnings release conference call

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 for earnings, revenues, expenses, capital levels, liquidity levels, asset levels, asset quality and other matters regarding or affecting PNC and its future

business and operations. 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 2010 Form 10-K and 2011 Form 10-Qs, including the Risk

Factors and Risk Management sections of those reports, and in our subsequent SEC filings. Our forward-looking statements may also be subject to other risks

and uncertainties, including those we may discuss in this presentation or in SEC filings, accessible on the SEC’s website at www.sec.gov and on PNC’s corporate

website at www.pnc.com/secfilings. We have included web addresses in this presentation as inactive textual references only. Information on these websites is

not part of this presentation.

Future events or circumstances may change our outlook and may also affect the nature of the assumptions, risks and uncertainties to which our forward-looking

statements are subject. 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 forward-looking statements. Actual results or future events could differ, possibly materially, from those anticipated in forward-looking

statements, as well as from historical performance.

In this presentation, we sometimes refer to adjusted results to help illustrate the impact of certain types of items. 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. We may also provide information on pretax

pre-provision earnings (total revenue less noninterest expense) and on tangible book value per share (calculated as book value per share less goodwill and other

intangible assets per share), as we believe that pretax pre-provision earnings, a non-GAAP measure, is useful as a tool to help evaluate the ability to provide for

credit costs through operations, and that tangible book value per share, a non-GAAP measure, is useful as a tool to help evaluate the amount, on a per share

basis, of intangible assets included in book value. Where applicable, we provide GAAP reconciliations for such additional information, including in the Appendix.

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 use annualized, proforma, estimated or third

party numbers for illustrative or comparative purposes only. These may not reflect actual results.

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.”

(1) Organic growth refers to consumer and small business accounts excluding 32,000 relationships acquired by acquisition in 2Q11. (2)

Organic

growth

excludes

3,000

customer

accounts

acquired

acquisition

2Q11.

(3)

Primary

client

relationships

are

defined

client

relationships with

annual

revenue

generation

$10,000

more.

(4)

New

client

sales

referred

AMG

Retail

Banking

C&IB.

Assets under administration

(billions)

YTD11

referral

sales

86%

vs.

YTD10

YTD11 new primary clients³

34% vs. YTD10

Total sales have increased by 38%

for comparable year over year

periods

Ahead of pace to exceed goal of

1,000 new primary clients

YTD11 annualized organic growth of

5.5%, greater than 1.2% footprint

population growth

Active online bill payment customers

showed organic growth²

of 13%

from 3Q10, 10% from 4Q10

Period end

Corporate Banking new primary

clients

Organic checking relationship

growth

Retail Banking

Corporate & Institutional Banking Asset Management Group

Focused on Growing Client Relationships

Financial Performance

Balance Sheet

Growth

3Q11

2Q11

4Q10

Loans

($ billions)

$155

$150

$151

Deposits

($ billions)

$188

$182

$183

Performance

Measures

3Q11

2Q11

YTD11

YTD10

Return on average assets

1.24%

1.40%

1.31%

1.13%

Return

Tier

common

capital

1,2

14.1%

16.1%

14.7%

(1) 3Q11 Tier 1 common capital ratio is period-end Tier 1 common capital divided by period-end risk weighted assets and is estimated. (2)

Return on Tier 1 common capital calculated as annualized net income divided by estimated period-end Tier 1 common capital. Further

information is provided in the Appendix. (3) YTD10 is adjusted to exclude the $328 million after-tax gain on the sale of GIS. YTD10 reported

net income and earnings per diluted common share were $2,577 million and $4.24, respectively, and return on average assets and return on

Tier 1 common capital were 1.30% and 16.9%, respectively. Further information is provided in the Appendix.

Strong Earnings

3Q11

2Q11

YTD11

YTD10

Net income ($ millions)

$834

$912

$2,578

$2,249

Earnings per diluted common share

$1.55

$1.67

$4.79

$3.62

Capital Adequacy

3Q11

2Q11

4Q10

Tier 1 common capital ratio

10.5%

9.8%

A Higher Quality, Differentiated Balance Sheet

Change from:

Category (billions)

Sep. 30,

2011

Jun. 30,

2011

Dec. 31,

2010

Total investment securities

$62.1

$2.7

$(2.2)

Core commercial loans

67.7

3.6

7.0

Core commercial real estate

15.4

0.2

(1.0)

Core consumer loans

58.5

0.9

(0.2)

Distressed loans

12.9

(0.5)

(1.9)

Total loans

154.5

4.2

3.9

Other assets

52.9

(0.5)

3.5

Total assets

$269.5

$6.4

$5.2

Transaction deposits

$143.0

$5.9

$8.4

Retail CDs

32.4

(2.0)

(5.0)

Other

12.3

1.9

0.9

Total deposits

187.7

5.8

4.3

Borrowed funds, other

47.6

(1.4)

(3.1)

Shareholders’

equity

34.2

2.0

4.0

Total liabilities and equity

$269.5

$6.4

$5.2

Loans increased $4 billion or 3%

linked-quarter driven by

commercial and consumer loans

Securities increased $3 billion,

adding primarily agency

residential mortgage-backed

securities

Transaction deposits increased

$6 billion or 4% linked-quarter

reflecting increased commercial

liquidity

Retail CDs declined $2 billion

linked-quarter reflecting

expected run-off of higher cost

CDs

Equity increased $2 billion due

to retained earnings and $1

billion preferred stock issuance

Highlights

(1)

Excludes

loans

assigned

the

Distressed

Assets

Portfolio

business

segment.

(2)

Represents

loans

assigned

the

Distressed

Assets

Portfolio business segment.

Credit Trends Continue to Improve

Nonperforming

loans

2,4

Provision and net charge-offs

Criticized commercial loans

30-89 Days

90 Days +

Accruing

loans

past

due

2,3

quarter

end

except

net

charge-offs

and

provision,

which

are

for

the

quarter.

(1)

Criticized

loans

are

ones

that

consider

“special

mention,”

“substandard’”

“doubtful”.

(2)

Loans

acquired

from

National

City

that

were

impaired

are

not

included

they

were

recorded

estimated

fair

value

when

acquired

and

are

currently

considered

performing

loans

due

the

accretion

interest

purchase

accounting.

(3)

Includes

loans

that

are

government

guaranteed/insured,

primarily

residential

mortgages.

These

loans

totaled

$2.8

billion

3Q11.

(4)

Does

not

include

loans

held

for

sale or

foreclosed

and

other

assets.

Effective

2011,

excludes

residential

real

estate

loans

accounted

for

under

the

fair

value

option.

Criticized

Commercial

loans

Provision

Net charge-offs

Total nonperforming loans

$4.8

$4.5

$4.3

$3.9

$3.7

$15.0

$13.7

$12.7

$11.7

$10.8

3Q10

4Q10

1Q11

2Q11

3Q11

$2.6

$2.7

$2.6

$2.7

$1.8

$1.9

$1.5

$1.6

3Q10

4Q10

1Q11

2Q11

3Q11

3Q10

4Q10

1Q11

2Q11

3Q11

$614

$791

$533

$414

$365

$486

$442

$421

$280

$261

3Q10

4Q10

1Q11

2Q11

3Q11

Net Interest Income and Provision Trends

(millions)

3Q11

2Q11

YTD11

YTD10

Core NII

$1,883

$1,860

$5,638

$5,724

Purchase accounting accretion

292

290

863

1,305

Total NII

$2,175

$2,150

$6,501

$7,029

Provision

261

280

962

2,060

Provision-adjusted

NII

$1,914

$1,870

$5,539

$4,969

Highlights

Quarterly:

Total NII improved from 2Q11 due

to growth in core NII

and better

than expected cash recoveries on

commercial impaired loans

Provision improved modestly as

overall credit quality continued to

improve

YTD:

Provision-adjusted

NII

increased

11% as significantly lower

provision more than offset the

expected decline in purchase

accounting accretion

Core NII

was stable

Fourth Quarter

Outlook:

NII expected to remain stable with

core NII continuing to grow

Provision expected to remain

stable with 3Q11

Provision-adjusted NII

increased 11% YoY

(1) Core net interest income is total net interest income, as reported, less related purchase accounting accretion (scheduled and cash

recoveries). (2) Includes scheduled purchase accounting accretion and cash recoveries. Cash recoveries reflects cash received in excess of

recorded investment from sales or payoffs of impaired commercial loans. (3) Provision-adjusted net interest income is total net interest

income, as reported, less provision.

Client Growth and Sales Momentum Provide

Opportunities to Increase Noninterest Revenue

Highlights

Quarterly:

Asset management and consumer

services remained stable

Corporate services declined primarily

due to reduced value of CMSR from

lower interest rates

Residential mortgage increased due to

higher loan sales and MSR hedge

gains

Other decreased primarily due to

lower asset values

YTD:

Noninterest income, adjusted for the

impact of regulatory changes,

increased 4%

Fourth Quarter

Outlook:

Consumer services fees expected to

be reduced by approximately $75

million or 9 cents per share in 4Q11

due to regulatory changes on debit

card interchange fees

(1) Asset management fees include the Asset Management Group and BlackRock. (2) Corporate services includes impairment

charges/recoveries related to commercial mortgage servicing rights.

(millions)

3Q11

2Q11

YTD11

YTD10

Asset management

$287

$288

$838

$751

Consumer services

330

333

974

939

Corporate services

187

228

632

712

Residential mortgage

198

163

556

542

Deposit service charges

140

131

394

573

Client fee income

$1,142

$1,143

$3,394

$3,517

Net gains on sales of securities

less net OTTI

Other

194

266

803

650

Total noninterest income

$1,369

$1,452

$4,276

$4,244

Impact of Regulation E and related

regulatory changes

$230

$90

Total adjusted noninterest income

$4,506

$4,334

Adjusted noninterest

income increased 4% YoY

Well–Controlled Expenses While Investing for Growth

PNC is Committed to Disciplined Expense Management.

Highlights

Quarterly:

Personnel, Occupancy, Equipment and

Other expenses remain well-managed

Marketing increased due to elevated

advertising costs associated with new

products and market expansion

YTD:

Noninterest expense increased 2% due

to accruals for legal contingencies and

foreclosure-related costs

Fourth Quarter

Outlook:

Other noninterest expenses expected to

be increased by $198 million or 24

cents per share in 4Q11, due to non-

cash charge associated with calling

$750 million of trust preferred securities

(millions)

3Q11

2Q11

YTD11

YTD10

Personnel

$949

$976

$2,914

$2,874

Occupancy

171

176

540

536

Equipment

159

158

484

492

Marketing

175

196

Other

789

803

2,273

2,175

Total noninterest expense

$2,140

$2,176

$6,386

$6,273

Noninterest expense

increased 2% YoY

Strong Capital and Liquidity Position

Highlights

Tier 1 ratio increased primarily due to $1 billion

preferred stock issuance

Proforma Basel III Tier 1 common ratio estimated

to be between 8.0-8.5% at December 31, 2012

–

Significant upside potential assuming final

capital requirements reflect the inherent risk

profile in our sub-investment grade securities

–

Continue to assume no common stock

issuance to fund pending acquisition of RBC

Bank (USA)

Strong liquidity position

–

Loan-to-deposit ratio of 82%

–

Parent company two year liquidity coverage

of 168%

Tier 1 common ratio

Tier 1 risk-based ratio

9.6%

9.8%

10.3%

10.5%

3Q10

4Q10

1Q11

2Q11

3Q11

11.9%

12.1%

12.6%

12.8%

13.1%

3Q10

4Q10

1Q11

2Q11

3Q11

Tier 1 common ratio and Tier 1 Risk-based ratio as of quarter end. (1) Estimated. (2) Proforma estimate is based on PNC’s Tier 1 common ratio of 10.5% as of 9/30/11, and

includes an assumed benefit of 1.3%, which reflects First Call 2011 and 2012 estimates and current dividend payout, as well as an assumed decrease of 3.3%-3.8%, which reflects

assumptions regarding credit, operating and market risk under Basel II, the treatment of BlackRock under Basel III and sub-investment grade securities (assuming no AOCI double

counting) under Basel II, and assumes no common share issuance for the pending RBC Bank (USA) acquisition. This estimate is subject to further regulatory guidance and clarity.

(3) Parent company liquidity coverage defined as liquid assets divided by funding obligations within a two year period.

% change 2007-2011

Delivering Long-Term Shareholder Value

Tangible book value per share

Pretax pre-provision earnings per share

PNC

Peer 1

Peer 2

Peer 3

Peer 4

Peer 5

Peer 6

Peer 7

Peer 8

Peer 9

Peer 10

Peer 11

Peer 12

PNC

Peer 1

Peer 2

Peer 3

Peer 4

Peer 5

Peer 6

Peer 7

Peer 8

Peer 9

Peer 10

Peer 11

Peer 12

Peer banks identified in the Appendix. Source for banks other than PNC: SNL DataSource. (1) Tangible book value per share calculated as book value

per

less

goodwill

and

other

intangible

assets.

Further

information

provided

the

Appendix.

(2)

Percentage

change

for

2007

six

months ended June

30, 2011, annualized, respectively. (3) Pretax, pre-provision earnings are from continued operations and are calculated as total revenue less

noninterest expense. Further information is provided in the Appendix. (4) 2011 represents pretax pre-provision earnings for the six months ended June 30,

2011, annualized, divided by the number of shares outstanding as of June 30, 2011.

% change 2007-2011

$17.58

$42.93

12/31/07

6/30/11

144%

69%

63%

43%

32%

18%

13%

-6%

-14%

-19%

-45%

-46%

$7.06

$11.45

2007

2011

62%

37%

16%

14%

11%

-8%

-28%

-37%

-42%

-47%

-58%

-68%

-109%

Cautionary Statement Regarding Forward-Looking

Information

Appendix

This presentation includes “snapshot” information about PNC used by way of illustration and is not intended as a full business or financial

review. It should not be viewed in isolation but rather in the context of all of the information made available by PNC in its SEC filings.

We also make statements in this presentation, and we may from time to time make other statements, regarding our outlook for earnings,

revenues, expenses, capital levels, liquidity levels, asset quality and other matters regarding or affecting PNC and its future business and

operations that are forward-looking statements within the meaning of the Private Securities Litigation Reform Act. Forward-looking

statements are typically identified by words such as “believe,” “plan,” “expect,” “anticipate,” “see,” “intend,” “outlook,” “project,” “forecast,”

“estimate,” “goal,” “will,” “should” and other similar words and expressions. Forward-looking statements are subject to numerous

assumptions, risks and uncertainties, which change over time.

Forward-looking statements speak only as of the date made. We do not assume any duty and do not undertake to update forward-looking

statements. Actual results or future events could differ, possibly materially, from those anticipated in forward-looking statements, as well as

from historical performance.

Our forward-looking statements are subject to the following principal risks and uncertainties.

•Our businesses, financial results and balance sheet values are affected by business and economic conditions, including the following:

Changes in interest rates and valuations in debt, equity and other financial markets.

Disruptions in the liquidity and other functioning of U.S. and global financial markets.

The impact on financial markets and the economy of the downgrade by Standard & Poor’s of U.S. Treasury obligations and other U.S.

government-backed debt, as well as issues surrounding the level of U.S. and European government debt and concerns regarding the

credit worthiness of certain sovereign governments in Europe.

Actions by Federal Reserve, U.S. Treasury and other government agencies, including those that impact money supply and market

interest rates.

Changes in customers’, suppliers’ and other counterparties’ performance and creditworthiness.

Slowing or failure of the current moderate economic recovery.

Continued effects of aftermath of recessionary conditions and uneven spread of positive impacts of recovery on the economy and our

counterparties, including adverse impacts on levels of unemployment, loan utilization rates, delinquencies, defaults and counterparty

ability to meet credit and other obligations.

Changes in customer preferences and behavior, whether due to changing business and economic conditions, legislative and regulatory

initiatives, or other factors.

•Our forward-looking financial statements are subject to the risk that economic and financial market conditions will be substantially different

than we are currently expecting. These statements are based on our current view that the modest economic expansion will persist in the year

ahead and interest rates will remain very low.

Cautionary Statement Regarding Forward-Looking

Information (continued)

Appendix

Legal and regulatory developments could have an impact on ability to operate our businesses, financial condition, results of operations, competitive position,

reputation, or pursuit of attractive acquisition opportunities. Reputational impacts could affect matters such as business generation and retention, liquidity,

funding, and ability to attract and retain management. These developments could include:

Changes resulting from legislative and regulatory reforms, including broad-based restructuring of financial industry regulation and changes to laws and

regulations involving tax, pension, bankruptcy, consumer protection, and other industry aspects, and changes in accounting policies and principles.

We will be impacted by extensive reforms provided for in the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”) and

otherwise growing out of the recent financial crisis, the precise nature, extent and timing of which, and their impact on us, remains uncertain.

Changes to regulations governing bank capital and liquidity standards, including due to the Dodd-Frank Act and to Basel III initiatives.

Unfavorable resolution of legal proceedings or other claims and regulatory and other governmental investigations or other inquiries. In addition to matters

relating to PNC’s business and activities, such matters may include proceedings, claims, investigations, or inquiries relating to pre acquisition business and

activities of acquired companies, such as National City. These matters may result in monetary judgments or settlements or other remedies, including fines,

penalties, restitution or alterations in our business practices, and in additional expenses and collateral costs, and may cause reputational harm to PNC.

Results of regulatory examination and supervision process, including our failure to satisfy requirements of agreements with governmental agencies.

Impact on business and operating results of any costs associated with obtaining rights in intellectual property claimed by others and of adequacy of our

intellectual property protection in general.

Business and operating results are affected by our ability to identify and effectively manage risks inherent in our businesses, including, where appropriate, through

effective use of third-party insurance, derivatives, and capital management techniques, and to meet evolving regulatory capital standards. In particular, our results

currently depend on our ability to manage elevated levels of impaired assets.

Business and operating results also include impacts relating to our equity interest in BlackRock, Inc. and rely to a significant extent on information provided to us by

BlackRock. Risks and uncertainties that could affect BlackRock are discussed in more detail by BlackRock in SEC filings.

Our planned acquisition of RBC Bank (USA) presents us with risks and uncertainties related both to the acquisition transaction itself and its integration into PNC after

closing, including:

Closing is dependent on, among other things, receipt of regulatory and other applicable approvals, the timing of which cannot be predicted with precision at

this point and which may not be received at all. The impact of closing on PNC’s financial statements will be affected by the timing of the transaction.

The transaction (including integration of RBC Bank (USA)’s businesses) may be substantially more expensive to complete than anticipated. Anticipated

benefits, including cost savings and strategic gains, may be significantly harder or take longer to achieve than expected or may not be achieved in their

entirety as a result of unexpected factors or events.

Our ability to achieve anticipated results from this transaction is dependent also on the following factors, in part related to the state of economic and financial

markets: the extent of credit losses in the acquired loan portfolios and the extent of deposit attrition. Also, litigation and governmental investigations that

may be filed or commenced, as a result of this transaction or otherwise, could impact the timing or realization of anticipated benefits to PNC.

Cautionary Statement Regarding Forward-Looking

Information (continued)

Appendix

Integration of RBC Bank (USA)’s business and operations into PNC, which will include conversion of RBC Bank (USA)’s different systems and

procedures, may take longer than anticipated or be more costly than anticipated or have unanticipated adverse results relating to RBC Bank

(USA)’s or PNC’s existing businesses. PNC’s ability to integrate RBC Bank (USA) successfully may be adversely affected by the fact that this

transaction will result in PNC entering several markets where PNC does not currently have any meaningful retail presence.

•In addition to the planned RBC Bank (USA) transaction, we grow our business in part by acquiring from time to time other financial services

companies, financial services assets and related deposits. These other acquisitions, including our planned acquisition of branches and related deposits

in metropolitan Atlanta, Georgia from Flagstar Bank, FSB, often present risks and uncertainties analogous to those presented by the RBC Bank (USA)

transaction, as well as, in some cases, with risks related to entering into new lines of business.

•Competition can have an impact on customer acquisition, growth and retention and on credit spreads and product pricing, which can affect market

share, deposits and revenues. Industry restructuring in the current environment could also impact our business and financial performance through

changes

counterparty

creditworthiness

and

performance

and

competitive

and

regulatory

landscape.

Our

ability

anticipate

and

respond

technological changes can also impact our ability to respond to customer needs and meet competitive demands.

•Business

and

operating

results

can

also

affected

widespread

disasters,

dislocations,

terrorist

activities

international

hostilities

through

impacts

the

economy

and

financial

markets

generally

our

counterparties

specifically.

provide

greater

detail

regarding

some

these

factors

our

2010

Form

10-K

and

first

and

second

quarter

2011

Form

10-Qs,

including

Risk

Factors and Risk Management sections of those reports, and our subsequent SEC filings. Our forward-looking statements may also be subject to other

risks and uncertainties, including those we may discuss elsewhere in this presentation or in SEC filings, accessible on the SEC’s website at

www.sec.gov and on our corporate website at www.pnc.com/secfilings. We have included these web addresses as inactive textual references only.

Information on these websites is not part of this document.

Any annualized, proforma, estimated, third party or consensus numbers in this presentation are used for illustrative or comparative purposes only and

may not reflect actual results. Any consensus earnings estimates are calculated based on the earnings projections made by analysts who cover that

company. The analysts’

opinions, estimates or forecasts (and therefore the consensus earnings estimates) are theirs alone, are not those of PNC or

its management, and may not reflect PNC’s or other company’s actual or anticipated results.

Non-GAAP to GAAP Reconcilement

Appendix

In millions

Sept. 30, 2011

June 30, 2011

Mar. 31, 2011

Dec. 31, 2010

Sept. 30, 2010

Tier 1 common capital (1)

$23,410

$22,745

$21,976

$21,188

$20,437

Reported net income

834

912

832

820

1,103

Reported net income, if annualized

3,309

3,658

3,374

3,253

4,376

Adjustments:

After-tax gain on sale of GIS

(328)

Adjusted net income

775

Adjusted net income, if annualized

3,075

Return on tier 1 common capital

14.1%

16.1%

15.4%

21.4%

Adjusted return on tier 1 common capital

15.0%

In millions

Sept. 30, 2011

Sept. 30, 2010

Tier 1 common capital (1)

$23,410

$20,437

Reported net income

2,578

2,577

Reported net income, if annualized

3,447

3,445

Adjustments:

After-tax gain on sale of GIS

(328)

Adjusted net income

2,249

Adjusted net income, if annualized

3,007

Return on tier 1 common capital

14.7%

16.9%

Adjusted return on tier 1 common capital

14.7%

(1) Estimated for Sept. 30, 2011.

As of or for the three months ended

PNC

believes

that

return

tier

common

capital

useful

tool

help

measure

and

assess

company's

use

common

equity

and

that

such

information

adjusted

for

the

impact

the

GIS

gain

may

useful

due

the

extent

which

that

item

not

indicative

our

ongoing

operations.

After-tax

adjustments

are

calculated

using

marginal

federal

income

tax

rate

35%

and

include

applicable

income

tax

adjustments.

The

after-tax

gain

the

sale

GIS

also

reflects

the

impact

state

income

taxes.

The

pre-tax

gain

the

sale

GIS

was $639 million.

As of or for the nine months ended

Non-GAAP to GAAP Reconcilement

Appendix

As of

In millions except per share data

Dec. 31, 2007

June 30, 2011

% Change

Common shareholders' equity

$14,847

$31,588

Common shares outstanding

341

526

Book value per common share

$43.60

$60.02

38%

Goodwill and other intangible assets

$8,853

$9,005

Common shareholders' equity less intangible assets

$5,994

$22,583

Common shares outstanding

341

526

Tangible book value per common share

$17.58

$42.93

144%

PNC

believes

that

tangible

book

value

per

common

share,

non-GAAP

measure,

useful

tool

help

evaluate

the

amount,

per

basis,

goodwill

and

other

intangible

assets

included

book

value

per

common share.

In millions except per share data

Adjustments,

pretax

Income taxes

(benefit)

Net income

attributable to

common

shareholders

Diluted

EPS from

net income

Average

Assets

Return on Avg.

Assets (2)

Net income, diluted EPS, and return on avg. assets, as reported

$2,577

$2,213

$4.24

$265,355

1.30%

Adjustments:

Gain on sale of GIS

$(639)

$311

(328)

(.62)

Net income, diluted EPS, and return on avg. assets, as adjusted

$2,249

$1,885

$3.62

$265,355

1.13%

(2) Calculated as annualized income divided by average assets.

For the nine months ended September 30, 2010

(1) Calculated using a marginal federal income tax rate of 35% and includes applicable income tax adjustments and the impact of state income taxes.

PNC believes that information adjusted for the impact of the gain on the sale of GIS may be useful due to the extent to which that item is not indicative of our

ongoing operations.