Fifth Third Bancorp · NASDAQ:FITB
Fifth Third Bancorp — Shareholder Meeting (April 2022)
13 slides from Fifth Third Bancorp's shareholder meeting presentation, Apr 12, 2022
Slide 1: Annual Meeting of Shareholders
Classification: Internal Use© Fifth Third Banc rp | All Rights Reserved Annual Meeting of Shareholders April 12, 2022
Slide 2: Agenda
Classification: Internal Use© Fifth Third Banc rp | All Rights Reserved1 Agenda • Call to Order • Introductions • Nomination and Election of Directors • Ratification of the Selection of Auditors • Approval of Company’s Compensation of its Named Executive Officers • Approval of an amendment to the Fi
Slide 3: Living our purpose guided by our vision and values
Classification: Internal Use© Fifth Third Banc rp | All Rights Reserved2 Living our purpose guided by our vision and values Our Vision Be the One Bank people most value and trust Our Core Values Our Purpose To improve the lives of our customers and the well-being of our communities Work as One Bank
Slide 4: Continued support for customers, communities, and employees
Classification: Internal Use© Fifth Third Banc rp | All Rights Reserved3 Continued support for customers, communities, and employees Addressing climate change Promoting inclusion and diversity Demonstrating our commitment to employees Strengthening our communities Keeping the customer at the center
Slide 5: Third party recognition for ESG excellence
Classification: Internal Use© Fifth Third Banc rp | All Rights Reserved4 Third party recognition for ESG excellence Bloomberg Gender- Equality Index Recognized again in 2022 for the fifth time since 2017 Most Responsible Companies Recognized by Newsweek in 2020, 2021 and 2022 World’s Most Ethical Co
Slide 6: Significant improvement in customer satisfaction scores
Classification: Internal Use© Fifth Third Banc rp | All Rights Reserved5 Significant improvement in customer satisfaction scores Peer 22 Peer 21 Peer 20 Peer 19 Peer 18 Peer 17 Peer 16 Peer 15 Peer 14 X Peer 13 Peer 12 Peer 11 Peer 10 Peer 9 Peer 8 Peer 7 Peer 6 Peer 5 Peer 4 Peer 3 Peer 2 Peer 1 20
Slide 7: Delivering on our financial commitments: 2021 vs. 2015
Classification: Internal Use© Fifth Third Banc rp | All Rights Reserved6 $1.56 $3.78 FY15 FY21 10.9% 19.1% FY15 FY21 +16% CAGR Delivering on our financial commitments: 2021 vs. 2015 EPS growth Efficiency ratio 62.7% 59.6% FY15 FY21 $ per share, diluted ROA NCO ratio 0.96% 1.36% FY15 FY21 0.48% 0.16%
Slide 8: Superior total shareholder returns
Classification: Internal Use© Fifth Third Banc rp | All Rights Reserved7 (10%) 0% 10% 20% 30% 40% 50% 60% 70% S&P500 +28.7% Superior total shareholder returns BKX +38.3% FITB +62.4% #1 among peers in total shareholder return over a 1-year time period Total shareholder returns include stock price per
Slide 9: First quarter 2022 earnings conference call
Classification: Internal Use© Fifth Third Banc rp | All Rights Reserved8 The conference call will be webcast live and may be accessed through the Fifth Third Investor Relations website at www.53.com (click on “About Us” then “Investor Relations”) Tuesday April 19, 2022 10:00 AM ET First quarter 2022
Slide 10: Question & answer session
Classification: Internal Use© Fifth Third Banc rp | All Rights Reserved9 If you were unable to submit a question through the virtual meeting or have additional questions after the meeting, please send an email to Investor Relations at ir@53.com Question & answer session
Slide 11: Cautionary statement
Classification: Internal Use© Fifth Third Banc rp | All Rights Reserved10 Cautionary statement This presentation 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
Slide 12: Regulation G non-GAAP reconciliation
Classification: Internal Use© Fifth Third Banc rp | All Rights Reserved11 Regulation G non-GAAP reconciliation 1Assumes 35% tax rate for 2015 and 23% tax rate for 2021 Fifth Third Bancorp and Subsidiaries For the Year Ended For the Year Ended $ and shares in millions (unaudited) 2015 2021 Net income
Slide 13: Regulation G non-GAAP reconciliation
Classification: Internal Use© Fifth Third Banc rp | All Rights Reserved12 Regulation G non-GAAP reconciliation Fifth Third Bancorp and Subsidiaries For the Year Ended For the Year Ended $ and shares in millions (unaudited) 2015 2021 Net interest income (U.S. GAAP) (a) $3,533 $4,770 Add: Taxable equi
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