Exhibit 99.1

CONTACTS:

MEDIA:

Fred Solomon

(412) 762-4550

corporate.communications@pnc.com

INVESTORS:

William H. Callihan

(412) 762-8257

investor.relations@pnc.com

PNC REPORTS FULL YEAR 2012 NET INCOME OF $3.0 BILLION AND $5.30 DILUTED EPS

Earns Fourth Quarter Net Income of $719 Million and $1.24 Diluted EPS

Customers, Loans and Revenue Increase Over 2011

PITTSBURGH, Jan. 17, 2013 – The PNC Financial Services Group, Inc. (NYSE: PNC) today reported 2012 net income of $3.0 billion, or $5.30 per diluted common share, compared with 2011 net income of $3.1 billion, or $5.64 per diluted common share. Fourth quarter 2012 net income was $719 million, or $1.24 per diluted common share, compared with $925 million, or $1.64 per diluted common share, for the third quarter of 2012 and $493 million, or $.85 per diluted common share, for the fourth quarter of 2011. Fourth quarter 2012 earnings were reduced by $.47 per diluted common share for the net impact of previously disclosed actions taken in the fourth quarter associated with residential mortgage banking activities and other items. Comparable items which reduced earnings in the third quarter of 2012 and the fourth quarter of 2011 are provided in the Selected Income Statement Information section of this news release.

“PNC expanded its businesses significantly in 2012,” said James E. Rohr, chairman and chief executive officer. “Our balance sheet strength along with our committed employees allowed us to grow customers, loans and deposits across our franchise and expand into Southeastern markets. While we are pleased with the progress we have made, our financial results do not yet reflect the full potential from our investments. Our commitment to revenue growth, expense reduction and efficient capital management in 2013 should position PNC to deliver even greater shareholder value.”

Income Statement Highlights

- more -

PNC Reports Full Year 2012 Net Income of $3.0 Billion and $5.30 Diluted EPS – Page 2

–    Retail Banking net checking relationships grew 714,000 during 2012, including 460,000 from the RBC Bank (USA) acquisition.

–    Corporate & Institutional Banking continued to focus on building client relationships and adding new clients with attractive risk-return profiles. For the full year, 1,061 new corporate banking primary clients were added.

–    Asset management new primary client acquisitions were 37 percent higher in 2012 compared with 2011, fueled by an increase in referrals from other PNC businesses.

–    Residential Mortgage Banking loan origination volume in 2012 increased to $15.2 billion reflecting growth of 33 percent over 2011.

Balance Sheet Highlights

–    Total commercial lending increased $3.7 billion, or 4 percent, over the third quarter primarily in asset-based lending, healthcare, public finance and real estate.

–    Total consumer lending increased $.3 billion primarily in automobile loans.

–    Nonperforming assets of $3.8 billion at December 31, 2012 declined $.2 billion, or 6 percent.

–    Net charge-offs of $310 million decreased $21 million, or 6 percent.

–    Accruing loans past due decreased 4 percent.

–    Transaction deposits grew $8.3 billion, or 5 percent, during the fourth quarter to $177 billion, or 83 percent of deposits, at December 31, 2012. Seasonal growth drove the increase.

–    Retail certificates of deposit declined $1.2 billion due to runoff of maturing accounts.

–    The Tier 1 common capital ratio increased to an estimated 9.6 percent at year end from 9.5 percent at September 30, 2012.

–    The estimated proforma Basel III Tier 1 common capital ratio was 7.3 percent at December 31, 2012 without benefit of phase-ins.

- more -

PNC Reports Full Year 2012 Net Income of $3.0 Billion and $5.30 Diluted EPS – Page 3

The following table presents selected income statement items that impacted earnings in the periods presented and are referred to elsewhere in this news release. The fourth quarter 2012 items were also disclosed in a Form 8-K filed on January 9, 2013.

The Consolidated Financial Highlights accompanying this news release also include reconciliations of reported amounts to non-GAAP financial measures, including a reconciliation of business segment income to net income. After-tax amounts referenced in this

- more -

PNC Reports Full Year 2012 Net Income of $3.0 Billion and $5.30 Diluted EPS – Page 4

news release were calculated using the statutory federal income tax rate of 35 percent, where applicable. Reference to core net interest income is to total net interest income less purchase accounting accretion. Information in this news release including the financial tables is unaudited. See the notes in the Consolidated Financial Highlights.

CONSOLIDATED REVENUE REVIEW

Total revenue for the fourth quarter of 2012 was stable with the third quarter of 2012 and increased compared with the fourth quarter of 2011. Excluding the impact of the provision for residential mortgage repurchase obligations in all periods and gains on sales of Visa shares in the fourth and third quarters of 2012, fourth quarter 2012 total revenue increased 5 percent over third quarter 2012 and 17 percent over fourth quarter 2011.

Net interest income increased modestly compared with the third quarter. Core net interest income remained stable as loan growth was largely offset by the impact of lower core yields on interest earning assets. Purchase accounting accretion increased driven by higher cash recoveries. Net interest income increased compared with fourth quarter 2011 due to higher core net interest income resulting from the RBC Bank (USA) acquisition, organic loan growth and lower funding costs. The net interest margin of 3.85 percent for the fourth quarter of 2012 remained relatively stable with 3.82 percent for the third quarter of 2012 and 3.86 percent for the fourth quarter of 2011.

- more -

PNC Reports Full Year 2012 Net Income of $3.0 Billion and $5.30 Diluted EPS – Page 5

Noninterest income for the fourth quarter of 2012 declined $44 million compared with the third quarter of 2012 and increased significantly over fourth quarter 2011. Fourth quarter 2012 included a $254 million provision for residential mortgage repurchase obligations related to expected elevated levels of repurchase demands primarily as a result of further changes in behavior and demand patterns of FHLMC and FNMA for loans sold into agency securitizations, including the years 2004 and 2005.

Excluding the impact of the provision for residential mortgage repurchase obligations and gains on sales of Visa shares in both periods, noninterest income for the fourth quarter of 2012 increased $180 million, or 11 percent, compared with the third quarter. Asset management fees declined $3 million. Consumer services fees grew $6 million over the third quarter due to customer growth partially offset by the impact of Hurricane Sandy on customer volume and activity. Corporate service fees grew $54 million compared with the third quarter primarily due to strong merger and acquisition advisory fees. Residential mortgage banking income in the fourth quarter included strong loan sales revenue driven by higher loan origination volume and lower net hedging gains on mortgage servicing rights. Service charges on deposits declined $2 million compared with the third quarter reflecting the impact of fees waived related to Hurricane Sandy of $7 million. Other noninterest income increased $114 million compared with the third quarter primarily due to higher revenue associated with commercial mortgage banking activity, private equity investments and asset sales. In each of the fourth and third quarters of 2012 PNC sold a portion of its investment in Visa and recognized gains of $130 million on the sale of 4 million Visa Class B common shares and $137 million on the sale of 5 million Visa Class B common shares, respectively. At December 31, 2012, PNC’s remaining investment in Visa Class B common shares was approximately 14 million shares with a carrying value of $.3 billion and a fair value of approximately $.9 billion.

Noninterest income for the fourth quarter of 2012 increased $295 million compared with the fourth quarter of 2011. Excluding the impact of the provision for residential mortgage repurchase obligations in both periods and the gain on sale of Visa shares in fourth quarter 2012, noninterest income for the fourth quarter of 2012 increased $383 million, or 28 percent, compared with the fourth

- more -

PNC Reports Full Year 2012 Net Income of $3.0 Billion and $5.30 Diluted EPS – Page 6

quarter of 2011. Asset management fees increased $52 million from stronger equity markets and growth in customers and fees. Consumer service fees grew $25 million due to growth in customers, including the RBC Bank (USA) acquisition, and transaction volume. Corporate service fees increased $83 million as a result of strong merger and acquisition advisory fees, higher commercial mortgage servicing revenue and higher treasury management fees. Residential mortgage banking revenue increased as a result of continued strong loan sales revenue driven by higher loan origination volume. Service charges on deposits increased $10 million reflecting customer growth including the RBC Bank (USA) acquisition. Other noninterest income increased $270 million compared with fourth quarter 2011 primarily attributable to the gain on the sale of a portion of PNC’s investment in Visa shares and higher revenue from private equity investments, improved valuations and asset sales.

Noninterest expense for the fourth quarter of 2012 increased $179 million compared with third quarter 2012. The fourth quarter reflected $91 million of expenses for residential mortgage foreclosure-related matters, including a charge of approximately $70 million resulting from an agreement to amend consent orders entered into in April 2011, compared with $53 million in the third quarter. In the fourth quarter a $45 million noncash charge for goodwill impairment related to PNC’s Residential Mortgage Banking business segment was recorded. In addition, the fourth quarter included $70 million of noncash charges for unamortized discounts related to redemption of trust preferred securities compared with $95 million in the third quarter. Fourth quarter 2012 noninterest expense included $38 million of adjustments to accruals primarily for deferred loan origination costs and a contribution to the PNC Foundation of $28 million.

Noninterest expense for the fourth quarter of 2012 increased $110 million over fourth quarter 2011 primarily driven by operating expense from the RBC Bank (USA) acquisition, expense associated with strategic business investments, the goodwill impairment charge, adjustments to accruals primarily for deferred loan origination costs and the contribution to the PNC Foundation. These increases were partially offset by lower expenses for residential mortgage foreclosure-related matters and lower noncash charges related to redemption of trust preferred securities, which were $240 million and $198 million, respectively, in the fourth quarter of 2011.

- more -

PNC Reports Full Year 2012 Net Income of $3.0 Billion and $5.30 Diluted EPS – Page 7

The effective tax rate was 22.0 percent for the fourth quarter of 2012 compared with 23.6 percent for the third quarter of 2012 and 23.0 percent for the fourth quarter of 2011.

CONSOLIDATED BALANCE SHEET REVIEW

Total assets were $305 billion at December 31, 2012 compared with $301 billion at September 30, 2012 and $271 billion at December 31, 2011. The linked quarter increase was primarily due to loan growth. In the comparison with the prior year fourth quarter, the RBC Bank (USA) acquisition and organic loan growth drove the increase in assets.

Total loans at December 31, 2012 grew $4.0 billion compared with September 30, 2012. Commercial lending increased $3.7 billion during the fourth quarter of 2012 as a result of continued strong loan growth primarily in asset-based lending, healthcare, public finance and real estate. Consumer lending increased $.3 billion compared with September 30, 2012 as higher automobile loans and credit card loans were partially offset by lower education loans. Total loan originations and new commitments and renewals were $42 billion for the fourth quarter of 2012 compared with $40 billion for the third quarter of 2012 and $41 billion for the fourth quarter of 2011. For the full year, total loan originations and new commitments and renewals were $157 billion for 2012, including $4.6 billion of small business loans, compared with $147 billion for 2011. Average loans in the fourth quarter of 2012 increased $2.5 billion compared with the third quarter and $27.0 billion compared with fourth quarter 2011 reflecting organic loan growth and, in the comparison with fourth quarter 2011, loans added in the RBC Bank (USA) acquisition.

Investment securities declined in the fourth quarter of 2012 compared with the third quarter as a result of prepayments, primarily of mortgage-backed securities, partially offset by net purchases. At both December 31 and September 30, 2012, the available for sale investment securities balance included a net unrealized pretax gain of $1.6 billion, representing the difference between fair value and

- more -

PNC Reports Full Year 2012 Net Income of $3.0 Billion and $5.30 Diluted EPS – Page 8

amortized cost, compared with a net unrealized pretax loss of $40 million at December 31, 2011. The gain compared with the fourth quarter 2011 loss was primarily due to improvement in the value of non-agency residential mortgage-backed securities and lower market interest rates.

Interest-earning deposits with banks of $4.0 billion at December 31, 2012 increased $1.7 billion compared with September 30, 2012 primarily due to higher funds on deposit with the Federal Reserve. Loans held for sale of $3.7 billion at December 31, 2012 increased $1.0 billion compared with September 30, 2012 mainly as a result of higher residential mortgages held for sale related to higher loan origination volume.

Total deposits at December 31, 2012 grew $6.8 billion compared with September 30, 2012 and $25.1 billion compared with December 31, 2011. In the comparison with third quarter end, growth in transaction deposits of $8.3 billion primarily driven by seasonal growth was partially offset by a decline of $1.2 billion in retail certificates of deposit due to runoff of maturing accounts and a decrease in time deposits, primarily Eurodollar deposits. In the comparison with fourth quarter 2011, the increase was attributable to deposits added in the RBC Bank (USA) acquisition and organic transaction deposit growth. Average deposits increased $3.7 billion over the third quarter and $21.0 billion over fourth quarter 2011.

Borrowed funds decreased $2.2 billion at December 31, 2012 compared with September 30, 2012 primarily due to lower commercial paper. During the fourth quarter of 2012, through a series of previously disclosed transactions, PNC remarketed and exchanged $500 million of 8.729 percent junior subordinated notes for senior notes and redeemed $500 million of 12 percent hybrid capital securities issued by the National City Preferred Capital Trust I. The remarketing and redemption resulted in fourth quarter 2012 noncash charges for unamortized discounts of $70 million. Trust preferred securities redeemed during full year 2012 totaled $2.3 billion with a weighted average rate of 8.3 percent, effectively lowering funding costs. Subordinated debt increased in the

- more -

PNC Reports Full Year 2012 Net Income of $3.0 Billion and $5.30 Diluted EPS – Page 9

comparison with third quarter due to the fourth quarter issuance of $1.0 billion of 2.70 percent subordinated notes. Borrowed funds increased $4.2 billion compared with December 31, 2011 primarily due to higher commercial paper and Federal Home Loan Bank borrowings partially offset by lower bank notes and senior debt and subordinated debt.

PNC continued to improve its strong capital levels and ratios. Common shareholders’ equity grew as a result of the retention of earnings. The Tier 1 common capital ratio increased compared with the third quarter as growth in retained earnings was partially offset by an increase in risk-weighted assets from loan growth. The estimated proforma Basel III Tier 1 common capital ratio was 7.3 percent at December 31, 2012 without benefit of phase-ins, based on current understanding of Basel III proposed rules, estimates of Basel II (with proposed modifications) risk-weighted assets, and application of Basel II.5 rules. The decline in the Tier 1 common and Tier 1 risk-based capital ratios compared with December 31, 2011 primarily reflected the impact of the RBC Bank (USA) acquisition.

The PNC board of directors recently declared a quarterly common stock cash dividend of 40 cents per share with a payment date of February 5, 2013. PNC purchased $55 million of common stock in the fourth quarter of 2012 and $190 million in full year 2012 under a $250 million authorization as part of its existing 25 million share repurchase program.

Overall credit quality continued to improve during the fourth quarter of 2012 compared with the third quarter. The decline in nonperforming assets at December 31, 2012 compared with September 30, 2012 was primarily attributable to decreases in commercial real estate and commercial nonperforming loans partially offset by increases in consumer lending nonperforming loans. The increase in total consumer lending nonperforming loans, primarily home equity and residential mortgage, was largely attributable

- more -

PNC Reports Full Year 2012 Net Income of $3.0 Billion and $5.30 Diluted EPS – Page 10

to $199 million in the fourth quarter of additional troubled debt restructurings resulting from bankruptcy where a concession has been granted to a borrower based upon discharge from personal liability, recorded in accordance with regulatory guidance implemented by PNC in the fourth and third quarters of 2012. Such additional troubled debt restructurings recorded in the third quarter were $112 million. The decline in nonperforming assets from fourth quarter 2011 was due to lower commercial real estate and commercial nonperforming loans partially offset by higher nonperforming consumer loans including those added in the RBC Bank (USA) acquisition. Higher nonperforming consumer loans included an increase in nonperforming home equity loans resulting from a first quarter 2012 policy change which placed home equity loans on nonaccrual status when past due 90 days or more compared with 180 days under the prior policy. Nonperforming assets to total assets were 1.24 percent at December 31, 2012 compared with 1.34 percent at September 30, 2012 and 1.53 percent at December 31, 2011.

Overall delinquencies decreased by $140 million, or 4 percent, as of December 31, 2012 compared with September 30, 2012 driven by a decline in accruing loans past due 90 days or more of $105 million primarily related to the reclassification from accruing loans past due to nonperforming loans of additional consumer loan troubled debt restructurings, net of charge-offs, resulting from bankruptcy.

Net charge-offs for the fourth quarter of 2012 were .67 percent of average loans on an annualized basis compared with .73 percent for the third quarter of 2012 and .83 percent for the fourth quarter of 2011. The fourth and third quarters of 2012 included net charge-offs of $45 million and $83 million, respectively, related to additional troubled debt restructurings resulting from bankruptcy as a result of implementation of regulatory guidance during those quarters. Provision for credit losses increased in both comparisons primarily reflecting a larger loan portfolio and reduced reserve release in commercial lending and, in the prior year quarter comparison, the impact of additional troubled debt restructurings resulting from bankruptcy.

The allowance for loan and lease losses to total loans was 2.17 percent at December 31, 2012, 2.22 percent at September 30, 2012 and 2.73 percent at December 31, 2011. The decrease in the allowance compared with year end 2011 resulted from improved overall credit quality. The allowance to nonperforming loans was 124 percent at December 31, 2012 compared with 118 percent at September 30, 2012 and 122 percent at December 31, 2011.

- more -

PNC Reports Full Year 2012 Net Income of $3.0 Billion and $5.30 Diluted EPS – Page 11

Enhancements were made to internal transfer pricing methodology during the second quarter of 2012. Prior period amounts have been reclassified to conform with the current period presentation.

See accompanying notes in Consolidated Financial Highlights

Retail Banking earned $596 million for the full year 2012 compared with $371 million in 2011. The increase in earnings was due to higher net interest income, gains on sales of Visa Class B common shares, and lower provision for credit losses partially offset by higher noninterest expense largely related to the RBC Bank (USA) acquisition and higher additions to legal reserves. Retail Banking’s earnings for the fourth quarter of 2012 declined compared with the third quarter of 2012 and increased compared to the fourth quarter of 2011. Fourth quarter 2012 noninterest income was reduced by the impact of Hurricane Sandy on service charges on deposits and consumer service fees. The increase in the provision linked quarter was due to elevated consumer delinquencies due to seasonality. The increase in noninterest expense over the third quarter was related to adjustments to accruals primarily for deferred loan origination costs and to investments in the business. In the comparison with fourth quarter 2011, the increase in net interest income was attributable to the RBC Bank (USA) acquisition, higher average transaction deposit balances and improvements in spreads. Noninterest income increased compared to the fourth quarter of 2011 primarily due to the gain of $130 million on the sale of 4 million Visa Class B common shares and the RBC Bank (USA) acquisition. The increase in noninterest expense over fourth quarter 2011 was attributable to the RBC Bank (USA) acquisition and adjustments to accruals primarily for deferred loan origination costs.

- more -

PNC Reports Full Year 2012 Net Income of $3.0 Billion and $5.30 Diluted EPS – Page 12

–    Checking relationships totaled 6,475,000 at December 31, 2012.

–    Retail Banking grew net checking relationships by 714,000 in 2012, including 460,000 from the RBC Bank (USA) acquisition.

–    Net checking relationships grew organically in 2012 by 4 percent from year end 2011.

–    Active online banking and active online bill payment customers increased organically 15 percent and 8 percent, respectively, from year end 2011.

Corporate & Institutional Banking earned $2.3 billion for the full year 2012 compared with $1.9 billion in 2011. The increase in earnings was primarily due to higher revenue partially offset by higher noninterest expense and a net of no provision for credit losses for the year compared with a benefit in 2011. Earnings for the fourth quarter of 2012 increased compared with both the third quarter of 2012 and the fourth quarter of 2011 due to higher revenue. Net interest income increased in both comparisons as a result of higher

- more -

PNC Reports Full Year 2012 Net Income of $3.0 Billion and $5.30 Diluted EPS – Page 13

average loans driven by organic growth, higher average deposits, an increase in purchase accounting accretion and, in the comparison with fourth quarter 2011, the RBC Bank (USA) acquisition. Corporate service fees increased in both comparisons largely due to higher merger and acquisition advisory fees and, in the prior year quarter comparison, higher commercial mortgage servicing revenue and higher treasury management fees. Other noninterest income increased compared with third quarter 2012 primarily due to higher revenue associated with commercial mortgage banking activity and asset sales. In the comparison with fourth quarter 2011, the increase in other noninterest income was mainly attributable to higher capital markets activity and asset sales. Provision for credit losses increased in both comparisons reflecting a larger loan portfolio. Noninterest expense increased in both comparisons primarily due to higher compensation-related costs driven by improved performance and, in the prior year quarter comparison, higher staffing and operating expense for the RBC Bank (USA) acquisition.

Asset Management Group earned $145 million for full year 2012 compared with $168 million for 2011. The decrease in earnings was due to higher noninterest expense from strategic business investments and a provision for credit losses in 2012 compared with a benefit in 2011. These were partially offset by higher revenue as noninterest income increased from stronger equity markets and business growth and net interest income benefited from higher deposit balances. Fourth quarter 2012 earnings declined compared with the third quarter of 2012 primarily due to higher noninterest expense, including higher compensation costs related to business growth. Noninterest income increased in both quarterly comparisons from improved equity markets and client sales.

- more -

PNC Reports Full Year 2012 Net Income of $3.0 Billion and $5.30 Diluted EPS – Page 14

Residential Mortgage Banking reported a loss of $308 million for the full year 2012 compared with earnings of $89 million for 2011 primarily as a result of $761 million of provision for residential mortgage repurchase obligations in 2012 compared with $102 million in 2011. Excluding this provision, loan sales revenue increased $363 million in 2012 compared with 2011 driven by higher loan origination volume in 2012 partially offset by lower net hedging gains on mortgage servicing rights. Noninterest expense for 2012 increased $195 million compared with 2011 primarily driven by higher loan origination volume, higher servicing costs, a charge for goodwill impairment and higher additions to legal reserves.

The loss in the fourth quarter of 2012 was primarily due to a higher provision for residential mortgage repurchase obligations related to expected elevated levels of repurchase demands primarily as a result of further changes in behavior and demand patterns of FHLMC and FNMA for loans sold into agency securitizations, including the years 2004 and 2005. Fourth quarter 2012 noninterest

- more -

PNC Reports Full Year 2012 Net Income of $3.0 Billion and $5.30 Diluted EPS – Page 15

expense included a charge of approximately $70 million resulting from an agreement to amend consent orders entered into in April 2011. An agreement was reached with the Office of the Comptroller of the Currency and the Board of Governors of the Federal Reserve System to end the independent foreclosure review program under the consent orders and replace it with an accelerated remediation process. Fourth quarter 2012 noninterest expense also included a $45 million noncash charge for goodwill impairment; no goodwill remained at December 31, 2012. In comparisons with both third quarter 2012 and fourth quarter 2011, noninterest expense reflected higher residential mortgage origination volume and servicing costs.

Other noninterest income in the fourth quarter included strong loan sales revenue driven by higher loan origination volume. In the linked quarter comparison, net hedging gains on mortgage servicing rights declined. In the comparison to fourth quarter 2011, other noninterest income increased as higher loan sales revenue driven by higher loan origination volume was partially offset by lower net hedging gains on mortgage servicing rights.

Loan origination volume was strong in the fourth quarter of 2012. Approximately 30 percent of originations were under the revised Home Affordable Refinance Program. The fair value of mortgage servicing rights was $.7 billion, $.6 billion and $.7 billion at December 31, 2012, September 30, 2012 and December 31, 2011, respectively.

Non-Strategic Assets Portfolio segment had earnings of $237 million for the full year 2012 compared with $200 million for 2011. The increase was attributable to lower provision for credit losses partially offset by lower net interest income driven by declines in average loans and purchase accounting accretion. Fourth quarter 2012 earnings increased compared with both the third quarter of 2012 and the fourth quarter of 2011. Noninterest income increased in the linked quarter comparison largely related to home equity repurchase obligations. The decrease in noninterest expense in the comparison with fourth quarter 2011 primarily resulted from lower non-credit losses. The provision for credit losses declined compared with fourth quarter 2011 due to improved credit quality.

- more -

PNC Reports Full Year 2012 Net Income of $3.0 Billion and $5.30 Diluted EPS – Page 16

Other, including BlackRock

The “Other, including BlackRock” category, for the purposes of this release, includes earnings and gains or losses related to PNC’s equity interest in BlackRock, and residual activities that do not meet the criteria for disclosure as a separate reportable business, such as integration costs, asset and liability management activities including net securities gains or losses, other-than-temporary impairment of investment securities and certain trading activities, exited businesses, alternative investments including private equity, intercompany eliminations, most corporate overhead, tax adjustments that are not allocated to business segments, and differences between business segment performance reporting and financial statement reporting under generally accepted accounting principles.

PNC recorded earnings of $3 million in “Other, including BlackRock” for the full year 2012 compared with $303 million in 2011. The decline in earnings was primarily due to higher integration costs and noncash charges related to redemption of trust preferred securities. For the fourth quarter of 2012 PNC recorded income of $48 million in “Other, including BlackRock” compared with income of $13 million for the third quarter of 2012 and a loss of $128 million for the fourth quarter of 2011. The increase in earnings compared with fourth quarter 2011 was primarily due to lower noncash charges related to redemption of trust preferred securities, higher revenue from private equity investments and higher earnings from the BlackRock investment.

CONFERENCE CALL AND SUPPLEMENTAL FINANCIAL INFORMATION

PNC Chairman and Chief Executive Officer James E. Rohr and Executive Vice President and Chief Financial Officer Richard J. Johnson will hold a conference call for investors today at 10:00 a.m. Eastern Time regarding the topics addressed in this news release and the related financial supplement. Dial-in numbers for the conference call are (877) 272-3498 or (303) 223-4372 (international) and Internet access to the live audio listen-only webcast of the call is available at www.pnc.com/investorevents. PNC’s fourth quarter and full year 2012 earnings release, the related financial supplement, and presentation slides to accompany the conference call remarks will be available at www.pnc.com/investorevents prior to the beginning of the call. A telephone replay of the call will be available for one week at (800) 633-8284 or (402) 977-9140 (international), conference ID 21626992 and a replay of the audio webcast will be available on PNC’s website for 30 days.

The PNC Financial Services Group, Inc. (www.pnc.com) is one of the nation’s largest diversified financial services organizations providing retail and business banking; residential mortgage banking; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management.

[TABULAR MATERIAL FOLLOWS]

- more -

PNC Reports Full Year 2012 Net Income of $3.0 Billion and $5.30 Diluted EPS – Page 17