Fifth Third Bancorp · NASDAQ:FITB

Fifth Third Bancorp — Goldman Sachs Financial Services Conference 2024

13 slides from Fifth Third Bancorp's conference presentation, Dec 10, 2024

  1. Slide 1: Goldman Sachs Financial Services Conference

    © Fifth Third Bancorp | All Rights Reserved © Fifth Third Bancorp | All Rights Reserved Goldman Sachs Financial Services Conference Tim Spence Chairman, Chief Executive Officer and President December 11, 2024

  2. Slide 2: Forward-looking statements

    © Fifth Third Bancorp | All Rights Reserved Fifth Third Bancorp | All Rights Reserved 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 Section 2

  3. Slide 3: Disciplined execution guided by core principles

    © Fifth Third Bancorp | All Rights Reserved Disciplined execution guided by core principles Stability Profitability Growth Consistent and disciplined management, with a long-term focus throughout the company 3 • Defensive balance sheet positioning • Strong credit profile • Diverse fee mix with high

  4. Slide 4: Top performing regional bank with local scale and national reach

    © Fifth Third Bancorp | All Rights Reserved Midwest footprint Major FITB markets 2 with a top 5 deposit share London office Leading position in the markets we compete in 3 Key Southeast MSAs of focus Toronto office Top performing regional bank with local scale and national reach 4 Fifth Third Corpor

  5. Slide 5: A simple, diversified business portfolio

    © Fifth Third Bancorp | All Rights Reserved Commercial Banking Lending / Deposits / Capital Markets / Treasury Management & Payments $67B loans $65B deposits Consumer & Small Business Banking Wealth & Asset Management Business Offerings Loans / Deposits $4B loans $11B deposits $46B loans $88B deposi

  6. Slide 6: Driving to consistently generate top quartile results

    © Fifth Third Bancorp | All Rights Reserved 60.5% Peer 9 Peer 6 x Peer 10 Peer 8 Peer 7 Peer 3 Peer 4 Peer 11 Peer 1 Peer 2 Peer 5 14.0% Peer 1 Peer 2 Peer 3 Peer 4 Peer 5 Peer 6 Peer 7 Peer 8 Peer 9 x Peer 10 Peer 11 1.29% Peer 5 Peer 2 Peer 1 Peer 3 Peer 8 Peer 6 Peer 7 Peer 4 Peer 10 x Peer 9 Pee

  7. Slide 7: Leading to top returns for our shareholders

    © Fifth Third Bancorp | All Rights Reserved Leading to top returns for our shareholders 7 Total shareholder return Source: Bloomberg; Note: Results exclude FCNCA as they participated in an FDIC assisted acquisition. Trailing TSR as of 11/30/2024; Excludes FCNCA 1 Year 3 Year 5 Year 7 Year 10 Year 1

  8. Slide 8: Growth strategies are working

    © Fifth Third Bancorp | All Rights Reserved Peer 1 Peer 2 Peer 3 Peer 4 Peer 5 Peer 6 Peer 7 Peer 8 Peer 9Peer 10 Peer 11 0% 2% 4% 6% 8% 10% 12% 25% 30% 35% 40% 45% 50% 55% 60% 21% 20% 14% 14% 8% 7% 6% 5% 5% Growth strategies are working Totals may not foot due to rounding; Certain peers excluded du

  9. Slide 9: Growth strategies are working: Wealth & Asset Management

    © Fifth Third Bancorp | All Rights Reserved Peer 2 Peer 3 Peer 4 Peer 5 Peer 6 Peer 7 Peer 8 Peer 9 Peer 10 Peer 11 Peer 12 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% (10.0%) (5.0%) 0.0% 5.0% 10.0% 15.0% Growth strategies are working: Wealth & Asset Management 21% 20% 14% 14% 8% 7% 6% 5% 5% Wealth & Asset Manag

  10. Slide 10: Growth strategies are working: Commercial Payments

    © Fifth Third Bancorp | All Rights Reserved Peer 2 Peer 3 Peer 4 Peer 5 Peer 6 Peer 7 Peer 8 Peer 9 Peer 10 Peer 11 Peer 12 0.0% 1.0% 2.0% 3.0% 4.0% 5.0% 6.0% (10.0%) (5.0%) 0.0% 5.0% 10.0% 15.0% 20.0% Growth strategies are working: Commercial Payments 10 Well established commercial payments organiz

  11. Slide 11: Growth strategies are working: Capital Markets

    © Fifth Third Bancorp | All Rights Reserved Peer 1 Peer 2 Peer 3 Peer 4 Peer 5 Peer 6 Peer 7 0.0% 0.5% 1.0% 1.5% 2.0% 2.5% 3.0% (70%) (60%) (50%) (40%) (30%) (20%) (10%) 0% 10% 20% Growth strategies are working: Capital Markets 11 Growing fees across the Capital Markets business Totals may not foot

  12. Slide 12: 4Q24 outlook

    © Fifth Third Bancorp | All Rights Reserved 12 Net interest income 1 Noninterest income 1 up 3 – 4% Noninterest expense stable up ~1% (3Q24 baseline: $1.427 billion) (3Q24 baseline: $748 million) (3Q24 baseline: $1.225 billion) Net charge-off ratio 45 – 49 bps Effective tax rate 22 – 23% 1 Non-GAAP

  13. Slide 13: Why Fifth Third

    © Fifth Third Bancorp | All Rights Reserved ✓ Well-diversified and resilient balance sheet to provide stability and profitability ✓ Consistent investments to generate balanced and growing revenue streams while maintaining peer-leading expense discipline ✓ Multi-year track record of making appropriat

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