Pnc Financial Services Group, Inc. (the) · NYSE:PNC
Pnc Financial Services Group, Inc. (the) — Barclays Global Financial Services Conference 2017
22 slides from Pnc Financial Services Group, Inc. (the)'s conference presentation, Sep 13, 2017
Slide 1: Barclays Global Financial Services Conference
Exhibit 99.1 Barclays Global Financial Services Conference September 13, 2017
Slide 2: Cautionary Statement Regarding Forward-Looking and Non-GAAP Financial Information
Cautionary Statement Regarding Forward-Looking and ®PNC Non-GAAP Financial Information This presentation is not intended as a full business or financial review and should be viewed in the context of all of the information made available by PNC in its SEC filings and on its corporate website. The utl
Slide 3: Focused on Executing: Delivering Long-Term Value
Focused on Executing @®PNC Delivering Long-Term Value Executing on our strategic priorities has resulted in higher fee income, well-controlled expenses and differentiated performance We have opportunities to drive continued growth and efficiency by focusing on things we can control Our balance sheet
Slide 4: Strategic Priorities
Strategic Priorities ®PNC Established 2013 ) Building a leading banking franchise in underpenetrated markets | ) Reinventing the retail banking experience | ) Capturing more investable assets | ) Bolstering critical infrastructure and streamlining core processes
Slide 5: Executing on Strategic Priorities Has Driven Higher Fee Income
Executing on Strategic Priorities Has Driven Higher Fee Income PNC Revenue 2012 - 2016 Year-Over-Year Revenue Growth $15,512 $15,162 $7,459 o7 ie $ million: H17 ™ Other Noninterest Income 1H16 Nil ™ Fee Income 2016 Nil ™Fee Income m™ Other Noninterest Income t management, consumer services, corporat
Slide 6: Disciplined Expense Management
Disciplined Expense Management PNC $1 Billion Decline in Expenses Well-Controlled Expenses 2012 2016 1H16 1H17 MNoninterest Expense MNoninterest Expense
Slide 7: Well-Positioned Risk Adjusted Efficiency
Well-Positioned Risk Adjusted Efficiency 1H17 Efficiency Ratio 2 P S 8 & 2 a Peet Group of Banks in Append Source cornpary filing Rick adjusted elfciengy~ Non Noninterest expense plus pro ision for credit losses divide 1H17 Risk Adjusted Efficiency MEfficiency Ratio Provision Adjustment 1 by total r
Slide 8: Differentiated Performance
Differentiated Performance Peer 1H17 Results (unless specified) PNC Rank Tangible book value per common share % change 282% #1 (12/31/07 - 6/30/17) 3-year annualized total return to shareholders +15% ” (enn Stock price % change vs. all-time-high closing price 8% #2 (9/8/17) Net charge-offs to averag
Slide 9: Strong Capital Return
Strong Capital Return Total Return to Shareholders $3.4 Billion 3016-2017 $885 $956 $772 $771 $ 3Q16 4Q16 1017 2017 Program Shares Repurchased ™ Common Dividends Quarterly Common Dividend Declared All-Time High Effective 3017 S078 $0.66 $0.55 $0.48 $0-51 $0.44 $0.95 $0.40 $0.10 $0.10 3Q08 3Q09 3Q10
Slide 10: Opportunities to Drive Growth and Efficiency
Opportunities to Drive Growth and Efficiency Enhance digital capabilities and drive sales Transform home lending Focused on things we can control Leverage technology investments netwo: Continue success in the Southeast and Chicago Grow treasury ma nagement Expand middle market franchise Transform re
Slide 11: Focused on Growing Loans
Focused on Growing Loans PNC’s Loan Mix 2012 2013 2014 m Average Consumer 2015 2016 1H17 Average Commercial @PnNc Delivered steady and consistent loan growth over past several years Commercial loan growth driven by our relationship-based lending approach Growth within our credit risk appetite Consum
Slide 12: Broad-Based 2017 Commercial Loan Growth Outpaced Industry
Broad-Based 2017 Commercial Loan Growth Outpaced Industry @PNC C&IB Average Loans by Business Year-Over-Year C&IB Loan Growth vs. Industry $ billion: 2Q17 2Q16 Growth 12% mmPNC }=—Industry (H.8) Corporate Banking $54.9 $51.2 7% 9% Real Estate $38.3 $36.2 b% 6% Business Credit $15.6 $14.9 5% 3% Equip
Slide 13: Expand the Middle Market Franchise
Expand the Middle Market Franchise ®PNC In the first year of an expansion of our Middle Market business In 26 of the top 50 U.S. metropolitan markets — In 2017, expanded to Dallas, Kansas City and Minneapolis In 2018, plan to expand to Denver, Houston and Nashville Leveraging our successful strategy
Slide 14: Enhance Consumer Lending
Enhance Consumer Lending @®PNC Origination, Fulfillment and Product Capabilities | Home Equity $29.2 biltion = Home lending transformation - integrate home equity & mortgage * Digitize origination processes ay = Home equity loans booked by MLOs in 1H17 were over 50% higher than 1H16 Credit Card $5.2
Slide 15: Leveraging Technology and Infrastructure
Leveraging Technology and Infrastructure Built key foundational capabilities of greater speed, security and stability Three state-of-the-art facilities are up and running on our internal cloud Expected efficiencies through automation and robotics Net savings create capacity to continue to invest Piv
Slide 16: Focused on Executing: Delivering Long-Term Value
Focused on Executing @®PNC Delivering Long-Term Value Executing on our strategic priorities has resulted in higher fee income, well-controlled expenses and differentiated performance We have opportunities to drive continued growth and efficiency by focusing on things we can control Our balance sheet
Slide 17: Appendix: Cautionary Statement Regarding Forward-Looking Information
Appendix: Cautionary Statement Regarding Forward-Looking ®PNC Information This “snapshot” inf illustration and iness or financial review. It should not be viewed in isolation but rather in the context of all of the information made available by PNC in its SEC filings. statements, regarding baled for
Slide 18: Appendix: Cautionary Statement Regarding Forward-Looking Information
Appendix: Cautionary Statement Regarding Forward-Looking Information + our than those ps market in 2017, pl the 2016 elections. half of 2017, but should fically our b by the Federal i ( 1 tower p These forward: ised under current or future programs, or issue or rumen actions by the Federal Reserve t
Slide 19: Appendix: Cautionary Statement Regarding Forward-Looking Information
Appendix: Cautionary Statement Regarding Forward-Looking @PNC Information . by our inherent in our businesses, including, where appropriate, i , third-par , derivatives, techniques, and to meet evolving regulatory capital and liquidity standards, impacts relating to our eq BlackRock, li extent on by
Slide 20: Appendix: Non-GAAP to GAAP Reconciliation
Appendix: Non-GAAP to GAAP Reconciliation ®PNC Fee Income For the year ended For the six months ended |$ jin millions Asset management Consumer services Corporate services Residential mortgage 567 286 27 265 Service charges on deposits 667 573 331 321 Total fee income $5,667 $4,328 M% $2,868 $2,723
Slide 21: Appendix: Non-GAAP to GAAP Reconciliation
Appendix: Non-GAAP to GAAP Reconciliation ®PNC Value per % Change 30/17 Dec. 31, vs. 2007" _ 12/31/07 $87.78 $43.60 101% |$ in millions, except per share data Jun. 30, 2017 IBook value per common share [Tangible book value per common share Common shareholders’ equity $42,103 $14,867 Goodwill and Oth
Slide 22: Appendix: Peer Group of Banks
Appendix: Peer Group of Banks @PNC The PNC Financial Services Group, Inc. PNC BB&T Corporation BBT Bank of America Corporation BAC Capital One Financial Corporation COF Fifth Third Bancorp FITB JPMorgan Chase & Co JPM KeyCorp KEY M&qT Bank Corporation MTB Regions Financial Corporation RF SunTrust Ba
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