Huntington Bancshares Incorporated · NASDAQ:HBAN
Huntington Bancshares — Deutsche Bank Global Financial Services Conference 2019
14 slides from Huntington Bancshares's conference presentation, May 29, 2019
Slide 1: Welcome
Exhibit 99.1 Welcome Huntington Bancshares Incorporated Deutsche Bank Global Financial Services Conference May 29, 2019 The Huntington National Bank is Member FDIC. ®, Huntington®, Huntington® are federally registered service marks of Huntington Bancshares Incorporated. ©2019 Huntington Bancshares I
Slide 2: Disclaimer
Disclaimer CAUTION REGARDING FORWARD-LOOKING STATEMENTS This communication contains certain forward-looking statements, including, but not limited to, certain plans, expectations, goals, projections, and statements, which are not historical facts and are subject to numerous assumptions, risks, and u
Slide 3: Important Messages
Important Messages Building long-term shareholder value Consistent organic growth Maintain aggregate moderate-to-low risk appetite Minimize earnings volatility through the cycle Disciplined capital allocation Focus on top quartile financial performance relative to peers Strategic focus on Cu
Slide 4: Driving Toward a Best-in-Class Return Profile
Driving Toward a Best-in-Class Return Profile Actions taken since 2009 accelerated performance 24% 1Q19 ROTCE vs. Peers Focused the 20% Business Model 18.3% Peer Median: 14.1% 16% 12% Built the 8% Brand 4% 0% Invested in the Franchise Disciplined 20% 1Q19 ROCE vs. Peers Execution 16% 13.8% Peer Medi
Slide 5: Positioned for Strong Relative Performance Through-the-Cycle
Positioned for Strong Relative Performance Through-the-Cycle Strengthened Pretax Pre-Provision Net Revenue (1) Well-Diversified Balance Sheet $ billions $1.9 $2.0 $1.8 $1.8 $1.4 $1.1 Core Loans (3) 44% 50% 50% Deposits (3) $75 B $79 B 56% 2015 2016 2017 2018 1Q18(2) 1Q19 (2) 1.86% 1.75% 2.26% 2.22%
Slide 6: Attractive Capital Return Profile and Priorities
Attractive Capital Return Profile and Priorities Targeting 70-80% total payout, including up to 45% dividend payout 112% 84% 70-80% 71% 68% 58% 30-35% 56% 47% 47% 38% 43% 23% 24% 21% 43% 41% 40-45% 34% 29% 30% 22% 26% L-T 2012 2013 2014 2015 2016 2017 2018 Target Dividend Payout Share Repurchase Pay
Slide 7: Disciplined Execution and Financial Flexibility Driving 2019 Performance
Disciplined Execution and Financial Flexibility Driving 2019 Performance Continued Earning Asset Yield Expansion Driven by New Money Yields 5.39% 4.73% 4.71% 4.29% 3.88% 3.87% Auto RV/Marine Resi Mtg New Money Yield Portfolio Yield ex-PAA Actions Taken or Under Consideration to Drive 2019 Performanc
Slide 8: Positioning the Balance Sheet to Remain Nimble with Uncertain Interest Rate Outlook
Positioning the Balance Sheet to Remain Nimble with Uncertain Interest Rate Outlook Actions taken to reduce downside risk from lower interest rates, while preserving upside potential from higher interest rates Implementing hedging strategy to gradually reduce Net Interest Income at risk in the -10
Slide 9: 2019 Full-Year Expectations and Long-Term Financial Goals
2019 Full-Year Expectations(1) and Long-Term Financial Goals 2019 2019 - 2021 Full-Year Expectations(1) Long-Term Financial Goals Revenue Growth 4% - 6.5% Revenue Growth 4% - 6% 2018 = $4.540 billion Positive Noninterest Expense Growth 2% - 3.5% Noninterest Expense Growth Operating 2018 = $2.647 bil
Slide 10: Important Messages
Important Messages Building long-term shareholder value Consistent organic growth Maintain aggregate moderate-to-low risk appetite Minimize earnings volatility through the cycle Disciplined capital allocation Focus on top quartile financial performance relative to peers Strategic focus on Cu
Slide 11: Reconciliation Pretax Pre-Provision Net Revenue (PPNR)
Reconciliation Pretax Pre-Provision Net Revenue (PPNR) ($ in millions) 1Q19 1Q18 2018 2017 2016 2015 Net interest income – FTE $829 $777 $3,219 $3,052 $2,412 $1,983 Noninterest income 319 314 1,321 1,307 1,151 1,039 Total revenue 1,148 1,091 4,540 4,359 3,563 3,022 Less: Significant Items 0 0 0 2 1
Slide 12: Use of Non-GAAP Financial Measures
Do we consolidate this and Basis of Presentation next slide? Use of Non-GAAP Financial Measures This document contains GAAP financial measures and non-GAAP financial measures where management believes it to be helpful in understanding Huntington’s results of operations or financial position. Where n
Slide 13: Basis of Presentation
Basis of Presentation Significant Items From time to time, revenue, expenses, or taxes are impacted by items judged by management to be outside of ordinary banking activities and/or by items that, while they may be associated with ordinary banking activities, are so unusually large that their outsiz
Slide 14: Welcome
Welcome For additional information, please visit: http://www.huntington.com Mark A. Muth Brian M. Vereb Director of Investor Relations Asst. Dir. of Investor Relations Office: 614.480.4720 Office: 614.480.5098 E-mail: mark.muth@huntington.com E-mail: brian.m.vereb@huntington.com ©2019 Huntington Ban
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