EXHIBIT 12.1

The PNC Financial Services Group, Inc. and Subsidiaries

Computation of Ratio of Earnings

to Fixed Charges (1)

	Nine months ended		Year Ended December 31
Dollars in millions	September 30, 2012		2011		2010		2009		2008		2007
Earnings
Pretax income from continuing operations before adjustment for noncontrolling interests in consolidated subsidiaries or income or loss from equity investees	$	2,464	$	3,785	$	3,680	$	3,135	$	946	$	1,612
Add:
Distributed income of equity investees		162		198		167		171		157		124
Fixed charges excluding interest on deposits		664		951		1,092		1,396		1,026		1,208
Less:
Noncontrolling interests in pretax income of subsidiaries that have not incurred fixed charges		106		154		148		126		122		101
Interest capitalized						1		3
Earnings excluding interest on deposits		3,184		4,780		4,790		4,573		2,007		2,843
Interest on deposits		289		668		963		1,741		1,485		2,053
Total earnings	$	3,473	$	5,448	$	5,753	$	6,314	$	3,492	$	4,896
Fixed charges
Interest on borrowed funds	$	546	$	791	$	918	$	1,225	$	961	$	1,143
Interest component of rentals		106		125		134		131		64		64
Amortization of notes and debentures		12		35		39		37		1		1
Interest capitalized						1		3
Fixed charges excluding interest on deposits		664		951		1,092		1,396		1,026		1,208
Interest on deposits		289		668		963		1,741		1,485		2,053
Total fixed charges	$	953	$	1,619	$	2,055	$	3,137	$	2,511	$	3,261
Ratio of earnings to fixed charges
Excluding interest on deposits		4.80x		5.03x		4.39x		3.28x		1.96x		2.35x
Including interest on deposits		3.64		3.37		2.80		2.01		1.39		1.50

(1) As defined in Item 503(d) of Regulation S-K.