PNC » Topics » BUSINESS SEGMENT RESULTS

This excerpt taken from the PNC 8-K filed Oct 22, 2009.

BUSINESS SEGMENT RESULTS

PNC has three new reportable business segments in 2009: Asset Management Group, Residential Mortgage Banking, and Distressed Assets Portfolio. Certain prior period information has been reclassified to reflect current methodologies and current business and management structure. Operating results prior to 2009 do not reflect any impact of National City.

This excerpt taken from the PNC 8-K filed Jul 23, 2009.

BUSINESS SEGMENT RESULTS

PNC has three new reportable business segments in 2009: Asset Management Group, Residential Mortgage Banking, and Distressed Assets Portfolio. Certain prior period information has been reclassified to reflect current methodologies and current business and management structure. Operating results for business segments for periods prior to 2009 do not reflect any impact of National City.

This excerpt taken from the PNC 8-K filed Apr 23, 2009.

BUSINESS SEGMENT RESULTS

Beginning in the first quarter of 2009, PNC has three new reportable business segments: Asset Management Group, Residential Mortgage Banking, and Distressed Assets Portfolio. These new segments are described further in the Consolidated Financial Highlights section of this release. Certain prior period information related to the Retail Banking and Corporate & Institutional Banking segments has been reclassified to reflect the impact of these new business segments and other changes to the business and management structure. Operating results for business segments for periods prior to 2009 do not reflect any impact of National City, other than fourth quarter 2008 integration costs, which are included in “Other, including BlackRock.”

This excerpt taken from the PNC 8-K filed Feb 3, 2009.

BUSINESS SEGMENT RESULTS

PNC business segment information does not include any impact from the National City acquisition on December 31, 2008 unless specifically stated.

 

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PNC Reports Full Year 2008 Net Income of $882 Million Including Acquisition Costs or $1.3 Billion

Excluding Costs Related to Acquisitions – Page 8

 

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