Fifth Third Bancorp · NASDAQ:FITB

Fifth Third Bancorp — Shareholder Meeting (April 2008)

17 slides from Fifth Third Bancorp's shareholder meeting presentation, Apr 16, 2008

  1. Slide 1: Annual Meeting of Fifth Third Shareholders

    Fifth Third Bank | All Rights Reserved Annual Meeting of Fifth Third Shareholders April 15, 2008 Kevin Kabat, President & CEO Exhibit 99.1

  2. Slide 2: Agenda

    Agenda Difficult economic environment Credit mitigation Comparative outperformance Operating strengths Building a better tomorrow

  3. Slide 3: Difficult environment

    0.00% 1.00% 2.00% 3.00% 4.00% 5.00% 6.00% 10 Yr. Avg. Last 6 Mos. 2008 F Fed Funds Spreads (Bank Sub Debt) Difficult environment Unemployment is expected to approach 6% in 2008 with Detroit approaching 9%. Current banking environment has severely deteriorated. looks to be the banking industry’s wors

  4. Slide 4: Difficult environment: housing prices

    Difficult environment Housing prices have declined significantly in many parts of our footprint Map from Global Insight/National City Corporation

  5. Slide 5: Difficult environment: foreclosure rates

    Difficult environment Our footprint has experienced very high foreclosure rates during 2007, most notably in Florida, Michigan, and Ohio Source: Realty Trac 2007 foreclosure rates Nevada 3.38 Florida 2.00 Michigan 1.95 California 1.92 Colorado 1.92 Ohio 1.80 Georgia 1.57 Arizona 1.52 Illinois 1.25 I

  6. Slide 6: 2007 total return

    2007 total return (change in price plus dividends) -60.00% -50.00% -40.00% -30.00% -20.00% -10.00% 0.00% 10.00% FITB: -35% MI: -29% NCC: -53% HBAN: -34% KEY: -36% S&P banks : - 30%

  7. Slide 7: Credit containment

    Credit containment Fifth Third has consistently maintained conservative underwriting standards throughout all credit cycles. Geographic and economic issues have required aggressive management action Eliminated all brokered HELOC production Suspended all new developer lending Significantly tightened

  8. Slide 8: Credit containment

    Credit containment Fifth Third has developed and implemented targeted strategies to help our customers who are experiencing financial difficulties. Options include: — Refinancing – saleable or on balance sheet — Rate reductions, term extensions and loss mitigations Loss mitigation strategies have be

  9. Slide 9: Performance vs. peers

    133% 58.6% 10.0% 6% 6% 1% 1% Midwest peers (3) In line Outperformed Outperformed Outperformed Outperformed Outperformed Outperformed performance vs. peers 134% 56.4% 14.3% 9% 7% 5% 3% FITB 142% NPA growth 58.7% 10.0% Operating efficiency ratio (1) Operating ROE (1) 3% Operating fee growth (1) 5% 2%

  10. Slide 10: Strong underlying performance

    (CAGR: 2007 vs. 2003: per share) Excludes certain previously reported one-time charges from fee growth, efficiency ratio, and ROE: reported efficiency ratio was 60.2%, reported ROE was 11.2%. Median of large bank peers; median revenue growth of seven processing companies (CEN, DST, PAYX, ADS, FISV,

  11. Slide 11: Strong tangible capital position

    9.01% 7.99% 6.03% 6.02% 5.99% 5.88% 5.70% 5.47% 5.27% 4.95% 4.90% 4.81% 4.74% 4.61% 4.22% 3.98% 3.65% 2.93% 6.46% MI CMA KEY FITB WFC STI RF ZION BBT NCC MTB JPM HBAN USB PNC WM WB BAC C Strong tangible capital position Peer group: U.S. banks sharing similar geography or debt ratings. Source: SNL Ta

  12. Slide 12: Fifth Third differentiators

    Fifth Third differentiators Integrated affiliate delivery model Aggressive sales culture Operational efficiency Streamlined decision making Integrated payments platform (FTPS) Acquisition integration Customer satisfaction

  13. Slide 13: University of Michigan ACSI survey

    University of Michigan – ACSI survey Surveyed customers of large U.S. banks Citigroup Fifth Third Wachovia Wells Chase B of A *Fifth Third Bank engaged the American Customer Satisfaction Index (ACSI) in custom research projects surveying Fifth Third Bank customers in the 4th quarter of 2007. In the

  14. Slide 14: Geographic diversification

    Cincinnati Florence Louisville Lexington Nashville Atlanta Augusta Orlando Tampa Naples Raleigh Charlotte Huntington Pittsburgh Cleveland Columbus Toledo Detroit Grand Rapids Traverse City Chicago Evansville Jacksonville Indianapolis St. Louis Cincinnati Florence Louisville Lexington Cleveland Colum

  15. Slide 15: Fifth Third: building a better tomorrow

    Fifth Third: building a better tomorrow Consistently outperform the U.S. banking industry Deliver growth in excess of industry Enhance the customer experience Increase employee engagement Institutionalize enterprise operational excellence

  16. Slide 16: Cautionary statement

    Cautionary statement This report may contain forward-looking statements about Fifth Third Bancorp and/or the company as combined acquired entities within the meaning of Sections 27A of the Securities Act of 1933, as amended, and Rule 175 promulgated thereunder, and 21E of the Securities Exchange Act

  17. Slide 17: Annual Meeting of Fifth Third Shareholders

    Fifth Third Bank | All Rights Reserved Annual Meeting of Fifth Third Shareholders April 15, 2008

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