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	Six Months Ended June 30, 2017		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	$	2,551	$	4,642	$	4,860	$	4,993	$	5,148	$	3,594
Add:
Distributed income of equity investees		176		324		310		275		242		216
Fixed charges and preferred stock dividends excluding interest on deposits		767		1,300		1,134		1,091		1,028		1,125
Less:
Noncontrolling interests in pretax income of subsidiaries that have not incurred fixed charges		31		84		93		96		112		137
Interest capitalized						1		1
Preferred stock dividend requirements		181		322		338		357		364		272
Earnings excluding interest on deposits		3,282		5,860		5,872		5,905		5,942		4,526
Interest on deposits		263		430		403		325		344		386
Total earnings	$	3,545	$	6,290	$	6,275	$	6,230	$	6,286	$	4,912
Fixed charges and preferred stock dividends
Interest on borrowed funds	$	513	$	830	$	640	$	581	$	516	$	696
Interest component of rentals		73		147		153		152		148		145
Amortization of notes and debentures				1		2						12
Interest capitalized						1		1
Preferred stock dividend requirements		181		322		338		357		364		272
Fixed charges and preferred stock dividends excluding interest on deposits		767		1,300		1,134		1,091		1,028		1,125
Interest on deposits		263		430		403		325		344		386
Total fixed charges and preferred stock dividends	$	1,030	$	1,730	$	1,537	$	1,416	$	1,372	$	1,511
Ratio of earnings to fixed charges and preferred stock dividends
Excluding interest on deposits		4.28x		4.51x		5.18x		5.41x		5.78x		4.02x
Including interest on deposits		3.44		3.64		4.08		4.40		4.58		3.25

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