Fifth Third Bancorp · NASDAQ:FITB

Fifth Third Bancorp — BancAnalysts Association of Boston Conference 2024

13 slides from Fifth Third Bancorp's conference presentation, Nov 6, 2024

  1. Slide 1: BancAnalysts Association of Boston Conference

    © Fifth Third Bancorp | All Rights Reserved © Fifth Third Bancorp | All Rights Reserved BancAnalysts Association of Boston Conference Jamie Leonard | Chief Operating Officer Bryan Preston | Chief Financial Officer November 8, 2024 • November 2025

  2. Slide 2: Forward-looking statements

    © 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 21E of the Securities Exchange Act of 1934,

  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: Since 2018, Fifth Third has been transforming its branch network

    © Fifth Third Bancorp | All Rights Reserved Since 2018, Fifth Third has been on a journey to transform our branch network Southeast de novo program is driving long-term organic growth with compelling strategic rationale 5 2017 ~20% ~80% Branch footprint reflects continued investment in the southeast

  6. Slide 6: Maintaining Midwest share while increasing share in Southeast markets

    © Fifth Third Bancorp | All Rights Reserved Midwest Footprint 1 Southeast Footprint 1 Deposit Share 10.9% 3.9% Locational Share 8.7% 5.4% Capped Deposit Growth (YoY) Fifth Third 2.2% 15.7% Market Avg. 1.2% 0.2% Avg Deposits per Branch Fifth Third $122MM $82MM Market Avg. $96MM $114MM 3-year GDP grow

  7. Slide 7: Regional bank leader in Southeast de novo builds and deposit performance

    © Fifth Third Bancorp | All Rights Reserved 1 Filtered for de novos and based on 2024 FDIC data. Not all de novos have been open for 5 years 183 119 42 39 23 20 17 16 6 4 1 1 1 1 Trillionaire 1 X Peer 1 Peer 2 Trillionaire 2 Peer 3 Trillionaire 3 Peer 4 Peer 5 Peer 6 Peer 7 Peer 8 Peer 9 Peer 10 Reg

  8. Slide 8: Best-in-class branch site selection process

    © Fifth Third Bancorp | All Rights Reserved Best-in-class branch site selection process 8 Site selection driven by award winning data science tools • Proprietary Market Strength Index (“MSI”) prioritizes new cities for expansion • Proprietary heat map identifies attractive areas to explore for branc

  9. Slide 9: NextGen branch design and technology enabled solutions

    © Fifth Third Bancorp | All Rights Reserved NextGen branch design and technology enabled solutions 9 Efficient NextGen branch design • 40% reduction in branch square footage primarily from transaction areas • Engagement zones featuring relaxed seating, booths, and tech table • Digital evolution supp

  10. Slide 10: An efficient branch network with opportunities in the Southeast

    © Fifth Third Bancorp | All Rights Reserved An efficient branch network with opportunities in the Southeast 10 $90 $95 $96 $106 $110 $114 $115 $118 $122 $127 $132 $139 $140 $143 Peer 11 x Peer 10 Peer 9 Peer 8 Peer 7 Peer 6 Peer 5 Peer 4 x Peer 3 Peer 2 x Peer 1 Branches with <$50mm deposits Midwest

  11. Slide 11: Seasoning of current branch network creates deposit growth potential

    © Fifth Third Bancorp | All Rights Reserved 6.0% 3.9% 2.3% 2.1% 2.1% 1.6% 1.5% 1.2% 1.1% 1.1% 0.4% 0.4% Peer 6 Peer 10 Peer 9 Peer 7 Peer 8 Peer 1 Peer 5 Peer 4 Peer 2 Peer 3 Peer 11 Seasoning of current branch network creates deposit growth potential Illustrative deposit growth potential from branc

  12. Slide 12: Well-positioned to accelerate growth and market share gains in Southeast

    © Fifth Third Bancorp | All Rights Reserved Well-positioned to accelerate growth and market share gains in Southeast De novo acceleration through 2028 Projected footprint for December 31,2028 1 Total deposits from de novos 2025-2028 ~$7B • Open 50-60 de novos per year from 2025 to 2028 • Add 1 new s

  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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