Electronic presentation slides for earnings release conference call

Significant 2Q12 Achievements

PNC Is Positioned to Deliver Even Greater Shareholder Value.

2Q12 financial

summary

Net income

Diluted EPS from

net income

Return on

average assets

$546 million

$0.98

.74%

Net income of $546 million and EPS of $0.98

Strong performance driven by customer growth and our Southeast expansion

Grew commercial and consumer loans

Overall credit quality improved

Well-managed expenses -

continuous improvement initiatives remained on track

Continued to maintain strong capital levels and liquidity positions

2Q12 highlights

(1) Further information is provided in the Appendix.

–

Includes $403 million or $0.76 EPS charge associated with residential mortgage

repurchase obligations, trust preferred securities redemptions and integration

Business Fundamentals Continued to Improve

2Q12 Retail Banking

2Q12 Corporate & Institutional Banking

2Q12 Asset Management Group

2Q12 Residential Mortgage

Grew

net

organic

checking

relationships

128,000 or 4% annualized YTD12; greater than

1.9% footprint population growth

65%

new

accounts opened

2Q12

were

relationship accounts

Virtual Wallet surpassed one million accounts

Active online bill payment customers increased

8% in 1H12; 14% from 2Q11

Serving Customers Tomorrow strategy -

deployed over 400 image enabled ATMs

Continued

strong

client

additions

–

added

nearly

500

new Corporate Banking primary clients in 1H12

Continued loan growth

–

Total average loans increased $9 billion or 12%

from 1Q12 and 32% from 2Q11

Commercial mortgage banking activities increased by

$65 million in 1H12 from 1H11 driven by higher

mortgage loan servicing income and lower CMSR

impairment

Assets under administration of $214 billion

Strong

growth

new

primary

clients

Referral sales

grew 25% linked quarter

Total sales increased by 10% compared to 1Q12

Loan sales revenue

up 142% from 2Q11

Driven by increased loan origination volumes up 38%

from 2Q11up 38% from 2Q11

Spreads increased 18% from 2Q11

Purchase money mortgage originations

increased

21% from 2Q11

Increased mortgage repurchase reserves reflect

increasing GSE demands -

GSEs represent 64% of

remaining UPB

(1) Net organic checking relationship growth refers to consumer and small business accounts exclusive of 57,000 accounts acquired through acquisition in

1Q12. (2) Relationship checking accounts refer to accounts with a committed balance level or self-service accounts with lower cost of servicing. (3) A

Corporate Banking primary client is defined as a corporate banking relationship with annual revenue generation of $50,000 or more or, within corporate

banking, a commercial banking client relationship with annual revenue generation of $10,000 or more. AMG primary client relationships are defined as client

relationships with annual revenue generation of $10,000 or more.(4) New client sales referred to AMG by Retail Banking or C&IB. (5) Refers to loan sales

revenue

before

provision.

(6)

mortgage

with

borrower

part

residential

real

estate

purchase

transaction.

Treasury Management revenues up 3% linked quarter

–

Driven by increased loan origination volumes

–

Spreads increased 18% from 2Q11

Earnings

2Q12

1Q12

2Q11

YTD12

YTD11

Net income ($ millions)

$546

$811

$912

$1,357

$1,744

Earnings per diluted share

$0.98

$1.44

$1.67

$2.42

$3.24

Select

charges

EPS impact

($0.76)

($0.22)

($0.04)

($0.98)

($0.05)

Performance

Measures

2Q12

1Q12

2Q11

YTD12

YTD11

Return on average assets

.74%

1.16%

1.40%

.94%

1.34%

Return

Tier

common

capital

9.3%

14.0%

16.1%

11.5%

15.5%

(1) At period-end. (2) Charges for residential mortgage repurchase obligations, unamortized discounts related to redemptions of trust

preferred

securities,

and

integration

costs.

Further

information is provided in the Appendix. (3) Tier 1 common capital at June 30, 2012 is

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

information is provided in the Appendix.

Balance

Sheet

Growth

2Q12

1Q12

2Q11

Loans

$180

$176

$150

Deposits

$207

$206

$182

($ billions)

Strong Financial Performance Affected by Select

Charges

Strong Commercial Loan Growth Funded by Favorable

Deposit Mix

Loans increased $4.2 billion or 2%

from 1Q12, primarily driven by

total commercial loan growth of

Consumer loan growth increased

linked

quarter,

primarily driven

by growth in automobile

Transaction deposits increased

$1.5 billion from 1Q12, reflecting

increased commercial and

consumer liquidity

Retail CDs declined $3.1 billion

from 1Q12, reflecting expected

run-off as the final wave of higher

rate CDs matured in the quarter

Loans to deposits and capital

ratios remained stable

% change from:

Category (billions)

Jun. 30,

2012

Mar. 31,

2012

Jun. 30,

2011

Commercial

78.9

35%

Commercial real estate

18.5

14%

Total commercial lending

104.1

28%

Home equity/Residential RE

51.7

(1%)

Automobile

7.2

24%

95%

Other

17.4

(2%)

Total consumer lending

76.3

10%

Total loans

$180.4

20%

Transaction deposits

$166.0

21%

Retail CDs & other deposits

40.9

(1%)

(9%)

Total deposits

$206.9

14%

Key ratios:

Loans to deposits ratio

87%

85%

83%

Tier 1 common capital ratio

9.3%

10.5%

(1)

Total commercial lending includes commercial, commercial real estate and also includes $6.8 billion of equipment lease financing.

(2)

Includes credit card, education and other loans. (3) Tier 1 common capital ratio is period-end Tier 1 common capital divided by period-end

risk weighted assets and is estimated for June 30, 2012.

2Q12 highlights

Loan Growth and Reduced Funding Costs Driving Net

Interest Income

(millions)

2Q12

1Q12

4Q11

3Q11

2Q11

Interest income -

loans

$2,163

$1,951

$1,902

$1,904

$1,905

Total interest income

2,796

2,597

2,534

2,530

2,547

Total interest expense

270

306

335

355

397

Total net interest income

$2,526

$2,291

$2,199

$2,175

$2,150

Average

interest

earning

assets

grew

$12

billion

from

1Q12

and 13% from 2Q11

Net

interest

margin

improved

primarily

due

lower

funding

costs

and

higher

yielding

assets

Total

net

interest

income

grew

10%

from

1Q12

and

17%

from

2Q11

–

Higher loan balances

–

Impact of Southeast expansion

–

Lower funding costs

(1) Calculated as annualized taxable-equivalent net interest income divided by average earning assets. See Appendix for additional information.

2Q12

1Q12

4Q11

3Q11

2Q11

Average interest earning

assets (in billions)

$250.1

$237.7

$228.4

$224.1

$220.7

Average yields/rate:

Interest-earning assets

4.51%

4.41%

4.44%

4.52%

4.64%

Interest-bearing liabilities

.58

.70

.80

.86

.95

Interest rate spread

3.93

3.71

3.64

3.66

3.69

Net interest margin

4.08%

3.90%

3.86%

3.89%

3.93%

10% LQ

17% YOY

2Q12 highlights

Client Growth and Sales Impact Noninterest Revenue

2Q12 highlights

(1) Asset management includes the Asset Management Group and BlackRock. (2) Residential mortgage consists of residential mortgage

banking less provision for residential mortgage repurchase obligations. (3) The Dodd-Frank Act limits related to interchange rates on debit

card transactions, which were effective October 1, 2011; 3Q11 and 2Q11 amounts reflect the estimated impact of Durbin if it had been in

effect for those quarters.

Noninterest income in the quarter

included provision for residential

mortgage

repurchase

obligations

$438

million

Excluding the residential mortgage

repurchase provision and Durbin

impact, noninterest income grew

4% linked quarter and 9%

compared to the same period last

year

Consumer,

corporate

and mortgage

services

delivered

strong

fee

income

growth

from

prior

periods

(millions)

2Q12

1Q12

4Q11

3Q11

2Q11

Asset management

$278

$284

$250

$287

$288

Consumer services

290

264

269

330

333

Corporate services

290

232

266

187

228

Residential mortgage

banking

265

262

193

229

184

Provision for residential

mortgage repurchase

obligations

(438)

(32)

(36)

(31)

(21)

Deposit service charges

144

127

140

131

Net gains on sales of

securities less net OTTI

Other

240

285

250

194

266

Total noninterest income

$1,097

$1,441

$1,350

$1,369

$1,452

Provision for residential

mortgage repurchase

obligations

438

Durbin impact

(70)

Total noninterest income,

excl. mortgage

repurchase obligations

and Durbin impact

$1,535

$1,473

$1,386

$1,330

$1,403

9% YOY

4% LQ

Key Statistics

Total

Portfolio

GSEs

($ billions)

Total

Portfolio

‘06-‘08

Vintages

Original UPB

$384

$214

$57

Remaining UPB

106

Life-to-date demands

3.9

2.4

1.7

Life-to-date repurchases

2.3

1.3

1.0

Life-to-date losses

1.2

0.6

0.4

Future expected losses

0.5

0.4

0.3

Total expected losses

$1.7

$1.0

$0.7

Residential Mortgage Repurchase Obligations

Summary of Changes in Residential Mortgage Repurchase Reserve

($ millions)

2Q12

1Q12

4Q11

3Q11

2Q11

Beginning Reserve

$101

$83

$85

$95

$124

Provision

438

RBC Bank (USA)

Losses

(77)

(40)

(38)

(41)

(50)

Ending Balance

$462

$101

$83

$85

$95

Recent and expected elevated

levels of GSE-related repurchase

demands

As a result, PNC added provision of

approximately $438 million to

residential mortgage repurchase

reserves in 2Q12

(1) As of June 30, 2012.

2Q12 highlights

–

Expect lifetime losses of $1.7

billion

–

Barring significant changes in

the expected future behaviors

and demand patterns of

investors/guarantors or other

unforeseen circumstances, we

believe we are appropriately

reserved against future

demands

Disciplined Expense Management While Investing for

Growth

(millions)

2Q12

1Q12

4Q11

3Q11

2Q11

Core

Personnel

$1,107

$1,067

$1,050

$948

$975

Occupancy

198

178

197

171

176

Equipment

174

168

173

159

158

Marketing

Other

931

843

1,000

784

801

Total core noninterest

expense

$2,466

$2,310

$2,493

$2,132

$2,171

Integration costs

145

Trust preferred securities

redemption charges

130

198

Total noninterest

expense

$2,648

$2,455

$2,719

$2,140

$2,176

(1) Core noninterest expense items do not include the impact of integration costs and trust preferred securities redemption charges, which are

listed separately in the table above, but do include the impact of RBC Bank (USA) operating expenses. See the Appendix for the impact of

integration costs and trust preferred securities redemptions charges for unamortized discount on each category of noninterest expense.

2Q12 highlights

Includes $149 million of RBC Bank (USA)

Total core noninterest expense

increased $156 million from 1Q12

primarily due to:

Core noninterest expense

increased $295 million from 2Q11

due to:

Successfully completed 60% of our

$550 million continuous

improvement annualized cost

savings goals

RBC Bank (USA) operating

costs of $149 million

Higher additions to legal

reserves, other real estate

owned expenses, mortgage

foreclosure-related expenses

and pension costs

Full quarter impact of RBC

Bank (USA) operating expenses

of $149 million vs. $40 million

in 1Q12

Strong Capital and Liquidity Position

(1) Regulatory requirements are inclusive of the capital conservation buffer and subject to further regulatory guidance and clarity on Basel

NPRs. (2) Estimated at June 30, 2012. (3) Based on Basel III NPRs and including application of Basel II (as modified by NPRs) and Basel II.5

rules. (4) Parent company liquidity coverage defined as liquid assets divided by funding obligations within a two year period.

2Q12 highlights

Basel I Tier 1 common ratio of 9.3%

Capital priorities:

–

Build capital to support client growth and

business investment

–

Maintain appropriate capital in light of

economic uncertainty

–

Return excess capital to shareholders

Basel III Tier 1 common ratio goal of 8.0-8.5%

by year-end 2013 without benefit of phase-ins

Strong liquidity position

–

Loans to deposits ratio of 87%

–

Parent company two year liquidity

coverage

of 117%

Basel III Tier 1 common ratio

8.0% -

8.5%

2013 Goal

Basel III

2013 2014 2015 2016 2017 2018 2019

3.5%

4.0%

4.5%

5.1%

5.8%

6.4%

7.0%

–

Improved capital treatment expected on

sub-investment grade securities

Basel III requirements

Outlook –

Full Year 2012 vs. 2011

PNC is Positioned to Deliver Strong Results in 2012.

Loans

Increase mid to high teens

Total revenue

Noninterest expense

Loan loss provision

Increase high single digits

Improving

Combined

Balance sheet

Combined

Income

statement

5,6

Estimated % Change

Strong loan and revenue growth expected

RBC Bank (USA) acquisition expected to be accretive in 2012

Disciplined credit and expense management

(1)

Refer

the

Cautionary

Statement

the

Appendix,

including

assumptions.

(2) Excluding

integration

costs.

(3)

Estimated

change

for

2012

is based on comparable 2011 results. (4) Excluding future significant residential mortgage repurchase provisions. (5) Excluding integration

costs and capital actions related to TPS redemptions for 2011 and 2012. (6) Excludes future significant legal and regulatory costs that may be

incurred in the remainder of the year.