Fifth Third Bancorp · NASDAQ:FITB

Fifth Third Bancorp — Goldman Sachs U.S. Financial Services Conference 2010

26 slides from Fifth Third Bancorp's conference presentation, Dec 7, 2010

  1. Slide 1: Goldman Sachs U.S. Financial Services Conference

    Exhibit Goldman U.S. Kevin President December Please November Financial T. refer 99.1 Kabat Sachs &7, 8,to Chief 2010 2010 earnings Services Executive for further release Conference Officer information dated October 21, 2010 and 10-K dated

  2. Slide 2: 3Q10 Results Summary

    Continued –Net Return Pre-provision Strong 3Q10 •Sale •Net •Compared –Total •Provision –~$337mm •Loan Actions •Focusing •Executing •Enhancing *•Becoming 2Fifth Includes Pre-provision income charge-offs Third or in credit loss delinquencies capital on driving transfer review average on $127mm strong

  3. Slide 3: Strong Core Profitability vs. Peers

    Strong ROAA Core MTB PNC USB WFC BBT CMA FITB HBAN STI KEY RF ZION MI •Strong •Profitability •Return •Fourth –Expect *Source: Net 3Fifth Core 1.3% (1.1)% 31% (0.5)% 60% charge-offs 1.7% 0.4% 106% 2.1% 0.6% 93% Third PPNR PPNR/NCOs* 2.9% 1.7% 1.3% 226% 213% 1.6% 1.0% 104% 2.2% 0.8% 66% 2.8% 2.3% 1.1%

  4. Slide 4: Pre-tax Pre-provision Net Revenue Adjusted Items

    Pre-tax Adjusted Fee Noninterest 1Q09 Reported BOLI Adjustments: Gain Class Securities Visa Other FTPS Seasonal FDIC Divested Core OREO Problem Credit •Reported •Adjusted •Excluding *•4Q10 4©Pre-provision Fifth Income litigation on from PPNR B 2Q09 litigation special warrants 54 Related adjusted PPN

  5. Slide 5: Net Charge-offs and NPA Ratios vs. Peers

    NPAcharge-off 4.5% 3.5% 2.5% 1.5% 0.5% Loans Net 1.6% 1.4% 1.2% 0.8% 0.6% 0.4% 0.2% 0% Peer 3Q10 2Q10 1Q10 4Q09 3Q09 2Q09 1Q09 4Q08 3Q08 2Q08 1Q08 4Q07 3Q07 3.8% (7.5%)* 4Q10 Before 2.3%* FITB 5.0% 4.0% 3.0% 2.0% 1.0% 0.0% Source: *4Q08 5Fifth Average ratio Third credit 4Q07 expect 30-89 90+ credit

  6. Slide 6: Non-performing Loans and Inflows vs. Peers

    Fifth 2.50% 3.00% 3.50% Peers Non-performing FITB 2Q09 1Q09 4Q08 3Q08 2Q08 1Q08 (37%) $2,000 $2,500 $3,000 $3,500 New 550 561 555 517 $2.5B $2.7B $2.9B $1.6B 323 1,261 1,980 2,172 2,392 2,430 Consumer Commercial 3Q10 2Q10 1Q10 4Q49 3Q49 $500 $1,500 4Q09 3Q09 $0 $200 $400 $600 $800 $1,00 $152 $180 $8

  7. Slide 7: Strong Credit Metrics Relative to Peers

    Strong Net Total 5.5% 2.4% 2.3% 2.1% 1.7% 1.6% 1.3% 0.7% MI ZION RF STI WFC USB HBAN BBT PNC CMA MTB 3.5% HFI “Texas 43% 40% 38% 36% 35% 29% 28% 27% 25% 21% (HFI KEY 5.7% 5.0% 4.5% 4.4% 3.8% 3.4% 3.2% 3.0% 2.7% 2.5% 2.0% Peer FITB 19% 18% 16% 15% 11% 8% 5% (3%) (4%) 10% 7*Source: Includes Fifth Char

  8. Slide 8: Industry-leading Loan Loss Reserve Coverage

    Industry 4.2% Loan 202% Industry-leading 153% FITB Reserves Lighter Peer 243% MTB Reserve *Source: 8Fifth Includes average: Third loss 4.1% ZION USB PNC 177% 149% 215% portion SNL coverage leading /allowance and Loans NPLs NPAs Net KEY CMA Bank 3.8% KEY 143% 125% 183% Financial 89% 157% excludes Cha

  9. Slide 9: Updated Current Economic Assumptions

    Updated Current Economic Average Capacity Note: 16% Unemployment Cumulative 0% 10 5% 4Q10 *Base 9Fifth Moody’s Year 4% (2%) 5%14% Third Case These 1Q11 3% 4% Treasury Base Unemployment internally-specified Utilization (4%) 12% Assumptions* Recession Economy.com Bank 2% 4% 2Q11 GDP HPI internally-spe

  10. Slide 10: Updated Stress Test Loss Estimates

    Updated 2009 $5,500 $4.1B $5.0B Included related SCAP Actual Includes Act/Fcst $2.8B Internal 2008 We Stress 1Realized 2period. 3Fifth 10Red Moody’s including expect Third’s Third SCAP 2009 SCAP scenarios Adverse Baseline $2.7B $2.6B to $5,000 Estimate stress Depression Recession Base internal $510m

  11. Slide 11: Capital Position and TARP Repayment

    •capital 1–Reserve leverage 2http://www.bis.org/press/p100912.pdf looking Tier Fifth 11TARP Current Basel On Federal Tier Would We There Currently U.S. For Post-TARP Repayment Basel 1the Third would have our 1common regulators levels III III repayment: results is common basis provide ratio Reserve c

  12. Slide 12: Strong Bank Liquidity Profile

    Strong $0 Bank $3 2010 Retail 9/30 Holding –Expected Cash 2.5 Heavily L-T S-T Foreign No *Debt Fifth 12Total $0$0 ~$32mm ~$205mm ~$365mm debt years wholesale debt debt unused Third 2011 currently unsecured $0 Brokered maturities, liquidity Fed office core maturities company Company $750 $500 10% wit

  13. Slide 13: Continuing to Achieve Higher Customer Satisfaction

    Continuing Achieve Higher Better Focus Small Private Treasury Ongoing Customer Employee Business Opportunistic Market Fifth 13 Third business on and deposits/branch banking disruption market initiatives management line expanding satisfaction engagement deeper Bank tosale hiring invest share | custom

  14. Slide 14: Well-positioned for Financial Reform

    Well-positioned No — While Fifth 14 Making Largest Didn’t/don’t De Small Low Daily significant Third’s Third minimis financial level VaR private bank loans, Bank business businesses of less business market proprietary reform originate/sell financial for headquartered equity |taking All than changed

  15. Slide 15: Cautionary Statement

    Cautionary This Section business. other similar and Moreover, There not combined economic maintain (9) (11) (13) (17) acquired earnings on You from Fifth 15 such problems limited our should effects legislative ability report Third those similar are verbs. 21E most matters and entities entities; requ

  16. Slide 16: Appendix

    Fifth Third Bank | All Rights Reserved Appendix 16

  17. Slide 17: Stable Net Interest Income and Margin

    Stable NII 4.0% $874 $950 3.43% Net Sequential interest repricing, and –up year-over-year 3.70% NIM FITB Yields 5.0% 3Q09 400 Spread Peers *Source: Fifth respectively. 17NII NIM Reflects $42 and ainterest 300 Third and NIM $883 $850 3.5% 4.0% mix up include: Peer 4Q09 net and 3.55% 3.62% up million,

  18. Slide 18: Strong Liability Spreads and Deposit Mix

    Liability strong Deposits 81% ZION 3Q10 1.35% Peer BBT C&I 6.0% 2Q08 Spread Strong, –Continued Source: Fifth 18Low C&I average Spread 77% MI Third 5.0% Cost 3Q08 HBAN net spreads 1.35% reliance C&I deposit SNL ZION mix / 73% interest Assets pricing of Bank 4.0% 4Q08 Yield to1.01% 70% Financial and F

  19. Slide 19: Loan and Deposit Trends

    Stable Flat 80 33 48 Extended C&I billion CRE Consumer Warehoused quarter (2%) 70 36 17 Demand Core DDAs Retail previous market Commercial $1.2B Average +1% 626 10 3Q09 LT Reduced ^–and Note: Fifth 19Excludes 4810 Non-core Short Long-term 78 32 45 72 16 38 18 22 debt 2down QoQ; 7loans QoQ; Third dep

  20. Slide 20: Noninterest Income and Expense Trends

    $700 653 645 banking Sequential investment 3Q10 and Deposit Reg mitigation) with $1000 912 856 2Q09 Expense Core 64.4% Credit-related ($55mm Noninterest –compared mortgage repurchase Refer Fifth 20Increased refinancing 650 605 938 828 E$14mm Third fee noninterest expenses Core efficiency $600 to mor

  21. Slide 21: Impact of Credit Actions

    Impact •nonaccrual ($237 into –Reserve Net sale Consumer Residential Florida Ohio Illinois Michigan Indiana Other Commercial C&I Total Fifth 21$267 Approximately $228 $205 $123 $961 $694 $387 charge-off or held-for-sale) 51 49 26 Third 25 $510 $228 $257 $187 $121 23 million million transfer million

  22. Slide 22: NPL Rollforward

    NPL Commercial (157) 1Q09 Consumer Beginning 550 Total *Continued Fifth 22inflows 323 Rollforward HFI Third NPL new (190) 2Q09 Rollforward into nonaccrual 2,396 NPL significant Bank (246) 3Q09 NPAs Amount 2,587 | –(332) All 4Q09 HFI HFS loans—HFI reduction Rights 2,947 (425) 1Q10 1,406 457 were 459

  23. Slide 23: Troubled Debt Restructurings

    Troubled Successive modifications default — Current $1.0 19% <6 TDR Volume 2009 2008 Months 50% Outperforming Mortgage Freddie Industry 70% Source: Fifth 23 We Fifth $0.1 months billion 9% 40% 60% Third performance do propensity billion consumer Mac Fifth since by redefault portfolio 19% debt not TD

  24. Slide 24: Tier 1 Common and TCE Ratios vs. Peers

    Tier TARP 11.9% PNC common 12.1% Reserves 7.9% KEY (TCE 18.3% Tangible Peer 10.4% CMA Strong Source: © 24 Fifth 1average: average BBT PNC 10.0% + PNC MI capital 14.3% 11.7% 11.6% 17.0% 8.2% capital Third reserves) SNL common ratio PNC KEY CMA BBT 9.6% 8.1% w/o Financial 14.0% ratio 11.2% 12.2% Bank

  25. Slide 25: Regulatory Impacts: Debit Interchange, TRUPs, Volcker

    Debit TRUPs Volcker Deposit Scope Reg.E •LTM^ ~280 Vast ~ recurring Additional –>300 3-year Will Expect Lower Estimated Potential ^Based implementation 25 LTM LTM Signature$11.9B, Signature Likely $80B majority not manage bps Interchange of debit transition due debit = minimal exclusion Proposed Rul

  26. Slide 26: Mortgage Repurchase Demand and Reserves

    Mortgage Demand — Majority Repurchase Q3 Beginning Ending Outstanding $200 $77 11 67 3Q09 GSE 2005 2006 2007 2008 2009 *Total Fifth 26Includes 12 Number 96% 93% 82% 105 Q4 $117 Private GNMA Third $180 2,829360742,395 4,3623041073,951 9154,327—5,242 and $52,433 11 4Q09 Q1 161 balance of repurchase 12

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