Fifth Third Bancorp · NASDAQ:FITB
Fifth Third Bancorp — Barclays Global Financial Services Conference 2019
11 slides from Fifth Third Bancorp's conference presentation, Sep 9, 2019
Slide 1: Barclays Global Financial Services Conference 2019
Barclays Global Financial Services Conference 2019 Greg D. Carmichael Chairman, President & Chief Executive Officer September 10, 2019 Exhibit 99.1
Slide 2: Cautionary statement
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 Section 21E of the Securities Exchange Act of 1934, as amended, and Rule 3
Slide 3: Strategic priorities
Strategic priorities 1 2 Maintain credit, expense and capital discipline Invest to drive organic growth and profitability 3 Expand market share in key geographies Focused on generating continued positive operating leverage 4 Leverage technology capabilities to accelerate digital transformation
Slide 4: Technology is a key enabler throughout the bank
Technology is a key enabler throughout the bank Data & predictive analytics Architecture modernization and security Customer-facing digital capabilities Digitizing all core consumer, commercial loan and deposit products Key focus areas 1 Current Leveraging several Fintech investments and partnership
Slide 5: Investing to drive organic growth
Raised minimum wage to $18 an hour impacting ~4,900 employees Middle market sales force expansion in Southeast markets, Texas, and California Added approximately 125 mass affluent banking specialists and 40 capital markets sales professionals over past 2 years New Renewable Energy M&A advisory team
Slide 6: Middle market lending expansion to improve profile of Commercial business
Middle market lending expansion to improve growth and profitability profile of Commercial business Track record of successfully generating strong financial performance outside retail footprint Strong leadership & talent with cultural alignment with Fifth Third and local market knowledge Economically
Slide 7: Revenue synergy opportunities from MB Financial acquisition
Wealth #1 Revenue synergy opportunities from MB Financial acquisition Lowest retail employee attrition rate among all Fifth Third regions since merger closing Legacy MB retail customer satisfaction since the end of May2 up 3% Significant improvement in Chicago area account production with continued
Slide 8: Investing in key geographies to expand market share
12018 FDIC deposit data, excluding all deposit balances above $500mm at any branch (excluded deposits are assumed to include a significant level of commercial deposits or are headquarter branches for direct banks); 2Midwest includes all MSAs in OH-KY-IN-MI-KY-WV; 3Compound annual growth rate from 20
Slide 9: Disciplined balance sheet growth
Disciplined balance sheet growth 4 Credit quality continuing to reflect actions taken to improve risk profile Growing C&I and shrinking residential mortgage Nonperforming assets As of 2Q19 While continuing to de-emphasize CRE CRE as a % of total capital1 As of 2Q19 Funding balance sheet growth with
Slide 10: Securities portfolio cash flows and capital distribution
1Data from S&P Global Market Intelligence and 6/30/19 10-Q filings, securities portfolio cash flows calculated as full year proceeds from maturities, redemptions, paydowns, and calls of AFS and HTM securities divided by June 30, 2018 securities balances; 2capital distribution estimates include repur
Slide 11: Strategic priorities
Strategic priorities Focused on top quartile through-the-cycle performance to create long-term shareholder value 1 3 2 4 Leverage technology capabilities to accelerate digital transformation Maintain credit, expense and capital discipline Expand market share in key geographies Invest to drive organi
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