EXHIBIT 12.1

The PNC Financial Services Group, Inc. and Subsidiaries

Computation of Ratio of Earnings to Fixed Charges (1)

				Year Ended December 31
Dollars in millions	Three Months Ended March 31, 2015			2014			2013			2012			2011			2010
Earnings
Pretax income from continuing operations before adjustment for noncontrolling interests in consolidated subsidiaries or income or loss from equity investees	$	1,197		$	4,993		$	5,148		$	3,594		$	3,785		$	3,680
Add:
Distributed income of equity investees		77			275			242			216			198			167
Fixed charges excluding interest on deposits		193			734			664			853			951			1,092
Less:
Noncontrolling interests in pretax income of subsidiaries that have not incurred fixed charges		18			96			112			137			154			148
Interest capitalized					1												1
Earnings excluding interest on deposits		1,449			5,905			5,942			4,526			4,780			4,790
Interest on deposits		92			325			344			386			668			963
Total earnings	$	1,541		$	6,230		$	6,286		$	4,912		$	5,448		$	5,753
Fixed charges
Interest on borrowed funds	$	155		$	581		$	516		$	696		$	791		$	918
Interest component of rentals		38			152			148			145			125			134
Amortization of notes and debentures											12			35			39
Interest capitalized					1												1
Fixed charges excluding interest on deposits		193			734			664			853			951			1,092
Interest on deposits		92			325			344			386			668			963
Total fixed charges	$	285		$	1,059		$	1,008		$	1,239		$	1,619		$	2,055
Ratio of earnings to fixed charges
Excluding interest on deposits		7.51	x		8.04	x		8.95	x		5.31	x		5.03	x		4.39	x
Including interest on deposits		5.41			5.88			6.24			3.96			3.37			2.80

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