PNC Bank 2009 Annual Report Download - page 23

Common Stock Performance Graph
This graph shows the cumulative total shareholder return (i.e.,
price change plus reinvestment of dividends) on our common
stock during the five-year period ended December 31, 2009,
as compared with: (1) a selected peer group of our
competitors, called the “Peer Group;” (2) an overall stock
market index, the S&P 500 Index; and (3) a published industry
index, the S&P 500 Banks. The yearly points marked on the
horizontal axis of the graph correspond to December 31 of
that year. The stock performance graph assumes that $100 was
invested on January 1, 2005 for the five-year period and that
any dividends were reinvested. The table below the graph
shows the resultant compound annual growth rate for the
performance period.
Comparison of Cumulative Five Year Total Return
0
50
100
150
200
Dec 04 Dec 05 Dec 06 Dec 07 Dec 08 Dec 09
Dollars
PNC S&P 500 Index S&P 500 Banks Peer Group
Dec 04 Dec 05 Dec 06 Dec 07 Dec 08 Dec 09
Peer Group
Base
Period
Assumes $100 investment at Close of
Market on December 31, 2004
Total Return = Price change plus
reinvestment of dividends
5-Year
Compound
Growth
Rate
Dec. 04 Dec. 05 Dec. 06 Dec. 07 Dec. 08 Dec. 09
PNC $100 111.66 138.01 126.57 98.50 108.61 1.67%
S&P 500 Index $100 104.91 121.48 128.15 80.74 102.11 0.42%
S&P 500 Banks $100 98.57 114.46 80.37 42.20 39.42 (16.99%)
Peer Group $100 102.39 121.14 82.07 46.97 59.95 (9.73%)
The Peer Group for the preceding chart and table consists of
the following companies: BB&T Corporation; Bank of
America Corporation; Capital One Financial, Inc.; Comerica
Inc.; Fifth Third Bancorp; JPMorgan Chase; KeyCorp; M&T
Bank; The PNC Financial Services Group, Inc.; Regions
Financial Corporation; SunTrust Banks, Inc.; U.S. Bancorp;
and Wells Fargo & Co. This Peer Group was approved by the
Board’s Personnel and Compensation Committee (the
Committee) for 2009. The Committee has approved the same
Peer Group for 2010.
Each yearly point for the Peer Group is determined by
calculating the cumulative total shareholder return for each
company in the Peer Group from December 31, 2004 to
December 31 of that year (End of Month Dividend
Reinvestment Assumed) and then using the median of these
returns as the yearly plot point.
In accordance with the rules of the SEC, this section,
captioned “Common Stock Performance Graph,” shall not be
incorporated by reference into any of our future filings made
under the Securities Exchange Act of 1934 or the Securities
Act of 1933. The Common Stock Performance Graph,
including its accompanying table and footnotes, is not deemed
to be soliciting material or to be filed under the Exchange Act
or the Securities Act.
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