Pnc Financial Services Group, Inc. (the) · NYSE:PNC
Pnc Financial Services Group, Inc. (the) — BancAnalysts Association of Boston Conference 2018
16 slides from Pnc Financial Services Group, Inc. (the)'s conference presentation, Nov 8, 2018
Slide 1: BancAnalysts Association of Boston Conference
Exhibit 99.1 BancAnalysts Association of Boston Conference November 8, 2018 The PNC Financial Services Group
Slide 2: Cautionary Statement Regarding Forward-Looking and Non-GAAP Financial Information
Cautionary Statement Regarding Forward-Looking and Non-GAAP Financial Information This presentation is not intended as a full business or financial review and should be viewed in the context of all of the information made available by PNC in its SEC filings and on its corporate website. The presenta
Slide 3: Executing Strategic Priorities
Executing Strategic Priorities Designed to create long-term value Expanding our leading banking franchise to new markets and digital platforms Deepening customer relationships by delivering a superior banking experience and financial solutions Leveraging technology to innovate and enhance products,
Slide 4: Highlights for Year-to-Date September 30, 2018
Highlights for Year-to-Date September 30, 2018 Earnings Per Share . Delivered high quality results +28% . Compared to the same period a year ago: Net Interest Income − Grew revenue +7% • Higher net interest income Net Interest Margin • Higher noninterest income +11 bps Noninterest Income − Grew loan
Slide 5: Outlook: Fourth Quarter 2018 Compared to Third Quarter 2018
Outlook: Fourth Quarter 2018 Compared to Third Quarter 2018 Balance Loans Up modestly Sheet Net interest income Up low-single digits Fee income Up low-single digits Income Other noninterest income $225 - $275 million Statement Noninterest expense Up low-single digits Loan loss provision $100 - $150
Slide 6: National Retail Digital Strategy
National Retail Digital Strategy Kevin McCann The PNC Financial Services Group
Slide 7: PNC's National Retail Digital Strategy
PNC’s National Retail Digital Strategy Creating a New Retail Model . Grow customers with digitally-led banking and ultra-thin branch network . Execute outside of existing footprint . Lead with high yield savings account . Offer Virtual Wallet relationship checking . Leverage strength of PNC brand an
Slide 8: Shifting Consumer Preferences
Shifting Consumer Preferences Focus on Growing Ultra-Thin Segment . Majority of customers still prefer a bank with some branch presence . Digital convenience and security are primary drivers of customer choice Majority of U.S. Customers Willing to Utilize an Ultra-Thin Branch Network Ultra-Thin Segm
Slide 9: PNC's Differentiated Strategy
PNC’s Differentiated Strategy Competitive Deposit Products PNC Model Advantages . Leverage PNC brand . High yield savings and primary payment options − Virtual Wallet Growth . Offer top decile interest rate . No account fee options . Digital money management and payment tools − PNC Pay, Zelle − Inte
Slide 10: The New PNC Ecosystem
The New PNC Ecosystem Humanizing the Digital WorkPlace Banking Ultra-Thin Branch Network Customer Care Center Healthcare Banking ATM Banking University Banking Digital Products and Tools In Store Banking Corporate & Institutional Banking Pop-up / Mobile Branches Convenience Stores 10
Slide 11: Ultra-Thin Branch Network
Ultra-Thin Branch Network Legacy In-Footprint Branches Ultra-Thin Network Branches . Delivering on brand identity . Growing PNC organically . Growing existing wallet . Humanizing the digital . Universal branch – A little bit of everything . Untethered versatility − Teller, appointments − Collaborati
Slide 12: Progress to Date; Rapid Test and Learn
PNC’s National Retail Digital Strategy Progress to Date; Rapid Test and Learn . Launched high yield savings in select national markets, including Virtual Wallet growth rates . Kicked off marketing campaign in October − National paid search − Targeted marketing in Kansas City and Dallas . Opened Kans
Slide 13: Appendix: Cautionary Statement Regarding Forward-Looking Information
Appendix: Cautionary Statement Regarding Forward-Looking Information This presentation includes “snapshot” information about PNC used by way of illustration and is not intended as a full business or financial review. It should not be viewed in isolation but rather in the context of all of the inform
Slide 14: Appendix: Cautionary Statement Regarding Forward-Looking Information
Appendix: Cautionary Statement Regarding Forward-Looking Information . Our forward-looking financial statements are subject to the risk that economic and financial market conditions will be substantially different than those we are currently expecting and do not take into account potential legal and
Slide 15: Appendix: Cautionary Statement Regarding Forward-Looking Information
Appendix: Cautionary Statement Regarding Forward-Looking Information . Business and operating results are affected by our ability to identify and effectively manage risks inherent in our businesses, including, where appropriate, through effective use of systems and controls, third-party insurance, d
Slide 16: Appendix: Non-GAAP to GAAP Reconciliation
Appendix: Non-GAAP to GAAP Reconciliation Fee Income (Non-GAAP) For the three months ended For the nine months ended % Change % Change Sep. 30, Jun. 30, Sep.30, 3Q18 vs. 3Q18 vs. Sep.30, Sep.30, 3Q18 vs. $ millions 2018 2018 2017 2Q18 3Q17 2018 2017 3Q17 Asset management $486 $456 $421 7% 15% $1,397
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