Exhibit 25.2
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM T-1
STATEMENT OF ELIGIBILITY
UNDER THE TRUST INDENTURE ACT OF 1939 OF A
CORPORATION DESIGNATED TO ACT AS TRUSTEE
CHECK IF AN APPLICATION TO DETERMINE
ELIGIBILITY OF A TRUSTEE PURSUANT TO
SECTION 305(b)(2)           |__|
THE BANK OF NEW YORK MELLON
(Exact name of trustee as specified in its charter)
New York
13-5160382
(Jurisdiction of incorporation
if not a U.S. national bank)
(I.R.S. employer
identification no.)
240 Greenwich Street, New York, N.Y.
10286
(Address of principal executive offices)
(Zip code)
THE PNC FINANCIAL SERVICES GROUP, INC.
(Exact name of obligor as specified in its charter)
Pennsylvania
25-1435979
(State or other jurisdiction of
incorporation or organization)
(I.R.S. employer
identification no.)
The Tower at PNC Plaza
300 Fifth Avenue
Pittsburgh, Pennsylvania
15222-2401
(Address of principal executive offices)
(Zip code)
Subordinated Debt Securities
(Title of the indenture securities)



1.    General information. Furnish the following information as to the Trustee:
(a)    Name and address of each examining or supervising authority to which it is subject.
Name
Address
Superintendent of the Department of
Financial Services of the State of New
York
One State Street, New York, N.Y. 10004-1417, and Albany, N.Y.
12223
Federal Reserve Bank of New York
33 Liberty Street, New York, N.Y.
10045
Federal Deposit Insurance Corporation
550 17th Street, NW
Washington, D.C. 20429
The Clearing House Association L.L.C.
100 Broad Street
New York, N.Y. 10004
(b)    Whether it is authorized to exercise corporate trust powers.
Yes.
2.    Affiliations with Obligor.
If the obligor is an affiliate of the trustee, describe each such affiliation.
None.
16.    List of Exhibits.
Exhibits identified in parentheses below, on file with the Commission, are incorporated herein by reference as an exhibit hereto, pursuant to Rule 7a-29 under the Trust Indenture Act of 1939 (the "Act").
1.    A copy of the Organization Certificate of The Bank of New York Mellon (formerly known as The Bank of New York, itself formerly Irving Trust Company) as now in effect, which contains the authority to commence business and a grant of powers to exercise corporate trust powers. (Exhibit 1 to Amendment No. 1 to Form T-1 filed with Registration Statement No. 33-6215, Exhibits 1a and 1b to Form T-1 filed with Registration Statement No. 33-21672, Exhibit 1 to Form T-1 filed with Registration Statement No. 33-29637, Exhibit 1 to Form T-1 filed with Registration Statement No. 333-121195 and Exhibit 1 to Form T-1 filed with Registration Statement No. 333-152735).
4.    A copy of the existing By-laws of the Trustee (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-261533).
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6.    The consent of the Trustee required by Section 321(b) of the Act (Exhibit 6 to Form T-1 filed with Registration Statement No. 333-229519).
7.    A copy of the latest report of condition of the Trustee published pursuant to law or to the requirements of its supervising or examining authority.
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SIGNATURE
Pursuant to the requirements of the Act, the trustee, The Bank of New York Mellon, a corporation organized and existing under the laws of the State of New York, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of New York, and State of New York, on the 5th day of December, 2024.
THE BANK OF NEW YORK MELLON
By:/s/ Stacey B. Poindexter
Name: Stacey B. Poindexter
Title: Vice President
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EXHIBIT 7
Consolidated Report of Condition of
THE BANK OF NEW YORK MELLON
of 240 Greenwich Street, New York, N.Y. 10286
And Foreign and Domestic Subsidiaries,
a member of the Federal Reserve System, at the close of business September 30, 2024, published in accordance with a call made by the Federal Reserve Bank of this District pursuant to the provisions of the Federal Reserve Act.
ASSETSDollar amounts in thousands
Cash and balances due from depository institutions:
Noninterest-bearing balances and currency and coin4,999,000 
Interest-bearing balances110,102,000 
Securities:
Held-to-maturity securities44,947,000 
Available-for-sale debt securities96,741,000 
Equity securities with readily determinable fair values not held for trading
Federal funds sold and securities purchased under agreements to resell:
Federal funds sold in domestic offices
Securities purchased under agreements to resell19,655,000 
Loans and lease financing receivables:
Loans and leases held for sale
Loans and leases held for investment36,315,000 
LESS: Allowance for credit losses on loans and leases
275,000 
Loans and leases held for investment, net of allowance36,040,000 
Trading assets5,851,000 
Premises and fixed assets (including right-of-use assets)2,995,000 
Other real estate owned
Investments in unconsolidated subsidiaries and associated companies1,375,000 
Direct and indirect investments in real estate ventures
Intangible assets6,925,000 
Other assets18,449,000 
Total assests348,079,000 



LIABILITIES
Deposits:
In domestic offices195,220,000 
Noninterest-bearing65,207,000 
Interest-bearing130,013,000 
In foreign offices, Edge and Agreement subsidiaries, and IBFs104,758,000 
Noninterest-bearing3,534,000 
Interest-bearing101,224,000 
Federal funds purchased and securities sold under agreements to repurchase:
Federal funds purchased in domestic
offices .
Securities sold under agreements to
 repurchase
2,597,000 
Trading liabilities2,774,000 
Other borrowed money:
(includes mortgage indebtedness)4,912,000 
Not applicable
Not applicable
Subordinated notes and debentures
Other liabilities9,240,000 
Total liabilities319,501,000 
EQUITY CAPITAL
Perpetual preferred stock and related
surplus
Common stock1,135,000 
Surplus (exclude all surplus related to preferred stock)12,438,000 
Retained earnings17,456,000 
Accumulated other comprehensive income-2,451,000 
Other equity capital components
Total bank equity capital28,578,000 
Noncontrolling (minority) interests in
  consolidated subsidiaries
Total equity capital28,578,000 
Total liabilities and equity capital348,079,000 



I, Dermot McDonogh, Chief Financial Officer of the above-named bank do hereby declare that this Report of Condition is true and correct to the best of my knowledge and belief.
Dermot McDonogh
Chief Financial Officer
We, the undersigned directors, attest to the correctness of this statement of resources and liabilities. We declare that it has been examined by us, and to the best of our knowledge and belief has been prepared in conformance with the instructions and is true and correct.
Robin A. Vince
Jeffrey A. GoldsteinDirectors
Joseph J. Echevarria