What is the main purpose of this 8-K filing?

The main purpose of this 8-K filing is to comply with SEC regulations regarding the use and reconciliation of non-GAAP financial measures. PNC is providing a summary of reconciliations for non-GAAP measures previously reported in their 2002 Annual Report.

Does this filing contain new financial performance information for PNC?

No, this filing does not contain new financial performance results or operational updates. It is primarily a disclosure document to ensure transparency in how non-GAAP financial measures are presented and reconciled.

Where can I find the reconciliations of non-GAAP financial measures?

The summary of the reconciliations of non-GAAP financial measures is attached to this 8-K filing as Exhibit 99.1.

Why is PNC providing reconciliations of non-GAAP measures?

PNC is providing these reconciliations to adhere to SEC guidelines which require companies to clearly explain how non-GAAP financial measures relate to the most directly comparable GAAP financial measures. This enhances transparency and comparability for investors.

PNC 8-K SEC Disclosure

Summary

PNC Financial Services Group, Inc. (PNC) filed an 8-K on October 1, 2003, primarily to provide reconciliations of non-GAAP financial measures used in its 2002 Annual Report. This filing adheres to SEC Release No. 33-8176 and related FAQs concerning the use of non-GAAP financial information. While this 8-K does not contain new operational or financial performance data, it serves as a compliance document to ensure transparency and proper disclosure of the financial metrics previously presented to shareholders and incorporated into its Form 10-K.

Key Highlights

1Filing addresses SEC requirements for disclosing non-GAAP financial measures (SEC Release No. 33-8176).
2Provides reconciliations of non-GAAP financial measures from the 2002 Annual Report to Shareholders.
3Ensures compliance with SEC's 'Frequently Asked Questions Regarding the Use of Non-GAAP Financial Measures' dated June 13, 2003.
4The 2002 Annual Report was previously incorporated by reference into PNC's Form 10-K for the year ended December 31, 2002 (as amended).
5Exhibit 99.1 contains the summary of these reconciliations.
6This 8-K does not present new financial results or material business events.