Fifth Third Bancorp · NASDAQ:FITB
Fifth Third Bancorp — Barclays Capital 2011 Americas Select Conference
14 slides from Fifth Third Bancorp's conference presentation, May 24, 2011
Slide 1: Barclays Capital 2011 Americas Select Conference
Exhibit 99.1 Barclays Capital 2011 Americas Select Conference Daniel T. Poston Executive Vice President & Chief Financial Officer May 24, 2011 Please refer to earnings release dated April 21, 2011 and 10-Q dated May 9, 2011 for further information Fifth Third Bank | All Rights Reserved
Slide 2: A foundation of continued growth
A foundation of continued growth Capital – foundation for continued growth — Tier 1 common capital has increased 464bps or $4.0bn¹ — 9.0% Tier 1 common ratio is $1.0bn in excess of internal ~8.0% target — Capital base transformed through series of capital actions – $1.7bn common equity offering; $1.
Slide 3: Fifth Third franchise
Fifth Third franchise $110 billion assets $84 billion deposits $13 billion market cap 15 affiliates in 12 states 1,310 banking centers 2,453 ATMs Leading market share in mature Midwest market Built strong presence in higher growth Southeastern markets over past 5 years 3 Fifth Third Bank | All Right
Slide 4: 1Q11 in review
1Q11 in review Continued strong operating results • Net income available to common shareholders of $88mm, or $0.10 per diluted share – Net income reduced by $153mm of discount accretion recorded in preferred dividends accelerated by February repurchase of $3.4B in TARP CPP Preferred Stock; $0.17 per
Slide 5: Balance sheet
Balance sheet • C&I loans up 4% sequentially and 4% from the previous year • CRE loans down 3% sequentially and 17% from the previous year • Consumer loans up 2% sequentially and 3% from the previous year • Warehoused residential mortgage loans held-for-sale were $1.5B at quarter end versus $2.3B at
Slide 6: Net interest income
Net interest income Net Interest Income Reconciliation ($ in millions) 4Q10 NII (FTE) $919 Daycount (12) FTPS loan restructuring (8) Lower mortgage warehouse (8) $1B debt issuance (7) 1Q11 NII (FTE) $884 Yield Analysis Seq. YoY Interest-earning assets 1Q10 4Q10 1Q11 (bps) (bps) Commercial and indust
Slide 7: Diverse revenue stream
Diverse revenue stream • Improving economy supportive of underlying revenue growth from loan growth and business fee income – Higher market interest rates in future should add further benefit • Negative impact of Reg E fully absorbed into results in 4Q10 • Timing and initial impact of debit intercha
Slide 8: Strong relative credit trends
Strong relative credit trends FITB credit metrics are now generally better than peers Peer average includes: BBT, CMA, HBAN, KEY, MTB, MI, PNC, RF,STI, USB, WFC, and ZION Source: SNL Financial and company filings. NPA and NCO ratios exclude loans held-for-sale and covered assets for peers where appr
Slide 9: Industry leading reserve levels
Industry leading reserve levels Source: SNL and company reports. NPAs/NPLs exclude held-for-sale portion for all banks as well as covered assets for BBT, USB, and ZION. 9 Fifth Third Bank | All Rights Reserved
Slide 10: Strong capital position
Strong capital position Capital ratios strong and reflect TARP CPP redemption Source: SNL Financial and Company reports. HFI NPAs exclude loans held-for-sale and also exclude covered assets for BBT, USB, and ZION 10 Fifth Third Bank | All Rights Reserved
Slide 11: Capital management philosophy
Capital management philosophy 11 FifthThird Bank | All Rights Reserved
Slide 12: Customer-centric traditional banking model: well-positioned for changed financial landscape
Customer-centric traditional banking model: well-positioned for changed financial landscape Fifth Third’s business model is driven by traditional banking activities — Largest bank headquartered within Fifth Third’s core Midwest footprint — Focus on expansion and development of businesses where regio
Slide 13: Well-positioned for the future
Well-positioned for the future Diversified traditional banking platform • Traditional commercial banking franchise built on customer-oriented localized operating model • Strong market share in key markets with focus on further improving density • Fee income ~40% of total revenues Strong industry lea
Slide 14: Cautionary statement
Cautionary statement This report contains statements that we believe are “forward-looking statements” 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 pr
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