EXHIBIT 12.2

The PNC Financial Services Group, Inc. and Subsidiaries

Computation of Ratio of Earnings to Fixed Charges and Preferred Stock Dividends (1)

	Year Ended December 31
Dollars in millions	2016			2015			2014			2013			2012
Earnings
Pretax income from continuing operations before adjustment for noncontrolling interests in consolidated subsidiaries or income or loss from equity investees	$	4,642		$	4,860		$	4,993		$	5,148		$	3,594
Add:
Distributed income of equity investees		324			310			275			242			216
Fixed charges and preferred stock dividends excluding interest on deposits		1,300			1,134			1,091			1,028			1,125
Less:
Noncontrolling interests in pretax income of subsidiaries that have not incurred fixed charges		84			93			96			112			137
Interest capitalized					1			1
Preferred stock dividend requirements		322			338			357			364			272
Earnings excluding interest on deposits		5,860			5,872			5,905			5,942			4,526
Interest on deposits		430			403			325			344			386
Total earnings	$	6,290		$	6,275		$	6,230		$	6,286		$	4,912
Fixed charges and preferred stock dividends
Interest on borrowed funds	$	830		$	640		$	581		$	516		$	696
Interest component of rentals		147			153			152			148			145
Amortization of notes and debentures		1			2									12
Interest capitalized					1			1
Preferred stock dividend requirements		322			338			357			364			272
Fixed charges and preferred stock dividends excluding interest on deposits		1,300			1,134			1,091			1,028			1,125
Interest on deposits		430			403			325			344			386
Total fixed charges and preferred stock dividends	$	1,730		$	1,537		$	1,416		$	1,372		$	1,511
Ratio of earnings to fixed charges and preferred stock dividends
Excluding interest on deposits		4.51	x		5.18	x		5.41	x		5.78	x		4.02	x
Including interest on deposits		3.64	x		4.08	x		4.40	x		4.58	x		3.25	x

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