PNC » Topics » TRADING REVENUE

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

TRADING REVENUE

 

     Three months ended  

In millions

   March 31
2009 (d)
    December 31
2008
    March 31
2008
 

Net interest income

   $ 19     $ 14     $ 16  

Noninterest income

     (11 )     22       (76 )
                        

Total trading revenue

   $ 8     $ 36     $ (60 )
                        

Securities underwriting and trading (e)

   $ 11     $ (14 )   $ (9 )

Foreign exchange

     20       21       16  

Financial derivatives

     (23 )     29       (67 )
                        

Total trading revenue

   $ 8     $ 36     $ (60 )
                        

 

(d) Includes the impact of National City, which we acquired on December 31, 2008.
(e) Includes changes in fair value for certain loans accounted for at fair value.

 

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THE PNC FINANCIAL SERVICES GROUP, INC.

 

This excerpt taken from the PNC 8-K filed Jul 17, 2008.

TRADING REVENUE

 

     Three months ended

In millions

   June 30
2008
   March 31
2008
    December 31
2007
    September 30
2007
    June 30
2007

Net interest income (expense)

   $ 23    $ 16     $ 7     $ (1 )   $ 1

Noninterest income

     53      (76 )     (10 )     33       29
                                     

Total trading revenue

   $ 76    $ (60 )   $ (3 )   $ 32     $ 30
                                     

Securities underwriting and trading (d)

   $ 19    $ (9 )   $ 10     $ 14     $ 8

Foreign exchange

     17      16       16       15       13

Financial derivatives

     40      (67 )     (29 )     3       9
                                     

Total trading revenue

   $ 76    $ (60 )   $ (3 )   $ 32     $ 30
                                     

 

(d) Includes changes in fair value for certain loans accounted for at fair value.

 

Page 6


THE PNC FINANCIAL SERVICES GROUP, INC.

EXCERPTS ON THIS PAGE:

8-K
Apr 23, 2009
8-K
Jul 17, 2008

"TRADING REVENUE" elsewhere:

Royal Bank Of Canada (RY)
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