Fifth Third Bancorp · NASDAQ:FITB
Fifth Third Bancorp — Morgan Stanley U.S. Financials 2010 Conference
9 slides from Fifth Third Bancorp's conference presentation, Feb 2, 2010
Slide 1: Morgan Stanley U.S. Financials 2010 Conference Supplemental Materials
Exhibit 99.1 Morgan Stanley U.S. Financials 2010 Conference Supplemental Materials February 2, 2010 Please refer to earnings release dated January 21, 2010 for further information, including full results reported on a U.S. GAAP basis Fifth Third Bank | All Rights Reserved
Slide 2: Strong earnings power
Strong earnings power Core PPNR (Annualized) / Average Loans Core PPNR (Annualized) / Average Assets Peer average: 2.7% Peer average: 1.8% 4.8% 4.7% 3.3% 3.1% 4.1% 3.5% 2.4% 2.9% 2.9% 2.2% 2.2% 2.0% 2.4% 1.7% 1.8% 1.6% 1.6% 1.4% 1.5% 1.4% 1.4% 1.2% 1.1% 1.1% 1.0% 0.9% WFC USB PNC BBT FITB MTB HBAN Z
Slide 3: Strong capital position with significantly greater capital growth than peers
Strong capital position with significantly greater capital growth than peers Tier 1 Common Ratio Tier 1 Common Ratio YOY Growth (bps) Peer average: 7.0% 334 8.5% Peer average: 129 bps 8.2% 263 7.7% 7.5% 7.5% 7.2% 7.0% 184 182 169 166 6.8% 6.7% 143 6.5% 6.5% 120 110 110 6.0% 63 5.5% 22 -52 BBT CMA ST
Slide 4: Strong tangible capital position particularly given reserves and coverage of problem assets
Strong tangible capital position particularly given reserves and coverage of problem assets Tangible Common Equity / Tangible Assets (NPAs + >90s) / (TCE + Reserves) Peer average: 39% Peer average: 6.2% 8.1% 8.0% 53% 50% 7.6% 40% 42% 44% 44% 6.6% 6.5% 38% 38% 34% 34% 6.1% 6.0% 6.0% 29% 29% 5.7% 5.4%
Slide 5: Strong capital position
Strong capital position Total Capital Ratio Excluding TARP (Tier 1 Common + AT Reserves* – AT NPAs*) / RWA Peer average: 6.5% Peer average: 12.5% 7.9% 15.7% 7.6% 7.6% 7.3% 7.1% 14.1% 14.0% 13.3% 13.3% 13.1% 12.9% 6.6% 12.4% 11.9% 6.3% 6.3% 6.3% 11.2% 11.2% 11.2% 5.8% 5.7% 10.4% 5.5% 5.0% BBT FITB KE
Slide 6: Industry leading reserve levels
Industry leading reserve levels Reserves / Loans Reserves / NPLs Peer average: 3.1% Peer average: 90% 4.9% 148% 4.3% 4.0% 127% 3.8% 116% 3.4% 3.4% 3.2% 100% 96% 3.1% 89% 89% 83% 2.7% 2.6% 77% 77% 75% 2.5% 2.3% 66% 58% 1.7% FITB KEY HBAN ZION RF MI PNC WFC STI USB BBT CMA MTB USB FITB KEY WFC BBT PNC
Slide 7: Credit metrics trending in-line with peers
Credit metrics trending in-line with peers NPA ratio versus peers Net charge-off ratio versus peers 4.5% 3.2% 3.2% 3.5% 2.5% 2.5% 1.4% 1.5% 0.5% 2008 2009 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 1Q09 2Q09 3Q09 4Q09 FITB Peer Average FITB Peer Average Year-over-year NCO Growth versus peers Year-over-year NPA g
Slide 8: Commercial real estate exposure is lower than most peers, with stronger capital and reserve position
Commercial real estate exposure is lower than most peers, with stronger capital and reserve position CRE / Assets CRE / Loans Peer average: 19% Peer average: 27% 34% 30% 43% 40% 38% 25% 24% 24% 33% 32% 26% 16% 15% 14% 21% 20% 19% 13% 12% 11% 11% 18% 17% 17% 9% 15% MI MTB ZION RF CMA KEY HBAN FITB ST
Slide 9: Cautionary statement
Cautionary statement This report may contain statements that we believe are “forward-lookingstatements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Rule 175 promulgated thereunder, and Section 21E of the Securities Exchange Act of 1934, as amended, and Rule 3b-6
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