Pnc Financial Services Group, Inc. (the) · NYSE:PNC
Pnc Financial Services Group, Inc. (the) — Barclays Global Investor Conference 2015
18 slides from Pnc Financial Services Group, Inc. (the)'s conference presentation, Sep 17, 2015
Slide 1: The PNC Financial Services Group, Inc. Barclays Global Investor Conference
Exhibit 99.1 The PNC Financial Services Group, Inc. Barclays Global Investor Conference September 17, 2015
Slide 2: Cautionary Statement Regarding Forward-Looking Information and Adjusted Information
Cautionary Statement Regarding Forward-Looking Information and Adjusted Information Our 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 present
Slide 3: Agenda
Agenda Executing our strategic priorities Balance sheet well-positioned for rising rates Focused on revenue/expense relationship Achieving our capital objectives 3
Slide 4: Significant Progress on our Strategic Priorities
Significant Progress on our Strategic Priorities Strategic Priorities Update Drive growth in Corporate Banking and AMG sales (1) acquired & underpenetrated Southeast +11% CAGR (’12 -’15) markets Capture more Total client investment assets (2) : investable assets $306B +6% CAGR (6/30/13 – 6/30/15) Re
Slide 5: Achieving Our Long-Term Potential
Achieving Our Long-Term Potential Strategic Priorities Long-Term Potential (1) Long-Term Potential (1) (3-5 years) (3-5 years) Drive growth in acquired & Incremental annual revenue of underpenetrated markets $500M Total client Capture more investable investment assets $1 Billion assets growth of $10
Slide 6: Balance Sheet Positioned for Rising Rates
Balance Sheet Positioned for Rising Rates Net Interest Income Sensitivity 2Q15 (1) 100 Bps Parallel Increase Asset Sensitive (2) (3) Year 1 Year 2 2Q15 10-Q 1.7% 5.7% Strategies Grow loans within our risk appetite Maintain strong liquidity position Maintain investment securities portfolio flexibilit
Slide 7: Deposit Growth - Focus on Deepening and Retaining Relationships
Deposit Growth - Focus on Deepening and Retaining Relationships Strong Deposit Growth Retail Banking Highlights Total average balances in $ billions Leverage multi-channel programs to reach select customers, drive additional +7% cross-sell and build deeper, more loyal relationships $219 Specialized
Slide 8: Executing our Strategies - Focused on Growing Fee Income
Executing our Strategies - Focused on Growing Fee Income Higher Percentage of Diverse and Strong Fee Income Growth Noninterest Income to Total Revenue 2Q13 - 2Q15 CAGR (3) (3) FY12 FY13 FY14 1H15 (1) Includes net commercial mortgage servicing rights valuation gains. (2) Includes benefit/provision fo
Slide 9: Continued Expense Management While Investing for Future Growth
Continued Expense Management While Investing for Future Growth Expense Management Managing Expenses (1) Opportunities Improve efficiency of branch networks in acquired markets Branch reconfiguration Transaction migration and lower cost alternative channels Lowering costs and focused on efficiencies
Slide 10: Achieving Our Capital Objectives
Achieving Our Capital Objectives Strong Capital Return Highlights Strong pro forma fully phased- Payout Ratio (1) in Basel III common equity Tier I capital ratio of 10% (2) Capital priorities: 76% – Build capital to support client growth and business 55% investment – Maintain appropriate capital in
Slide 11: Well-Positioned for the Future
Well-Positioned for the Future Opportunity to grow share in underpenetrated markets and deepen product penetration Continued focus on growing fee income and managing expenses Stronger relative capital position provides opportunity to return more capital to shareholders 11
Slide 12: Cautionary Statement Regarding Forward-Looking Information
Cautionary Statement Regarding Forward-Looking Information Appendix This presentation includes “snapshot” information about PNC used by way of illustration and is not intended as a full business or financial review. It should not be viewed in isolation but rather in the context of all of the informa
Slide 13: Cautionary Statement Regarding Forward-Looking Information (continued)
Cautionary Statement Regarding Forward-Looking Information (continued) Appendix PNC’s ability to take certain capital actions, including paying dividends and any plans to increase common stock dividends, repurchase common stock under current or future programs, or issue or redeem preferred stock or
Slide 14: Cautionary Statement Regarding Forward-Looking Information (continued)
Cautionary Statement Regarding Forward-Looking Information (continued) Appendix Business and operating results are affected by our ability to identify and effectively manage risks inherent in our businesses, including, where appropriate, through effective use of third-party insurance, derivatives, a
Slide 15: Transitional Basel III and Pro forma Fully Phased-In Basel III Common Equity Tier 1 Capital Ratios
Transitional Basel III and Pro forma Fully Phased-In Basel III Common Equity Tier 1 Capital Ratios Appendix As a result of the staggered effective dates of the final U.S. Basel III regulatory capital rules (Basel III rules), as well as the fact that PNC remains in the parallel run qualification phas
Slide 16: Transitional Basel III and Pro forma Fully Phased-In Basel III Common Equity Tier 1 Capital Ratios
Transitional Basel III and Pro forma Fully Phased-In Basel III Common Equity Tier 1 Capital Ratios 2015 Transitional Basel III 2014 Transitional Basel III Pro forma Fully Phased-In Basel III Dollars in millions Jun. 30, 2015 Mar. 31, 2015 Jun. 30, 2014 Jun. 30, 2015 Mar. 31, 2015 Jun. 30, 2014 Commo
Slide 17: Non-GAAP to GAAP Reconcilement
Non-GAAP to GAAP Reconcilement Appendix Retail Banking For the three months ended June 30, June 30, $ in millions 2015 2013 CAGR Service charges on deposits $148 $141 Brokerage $71 $58 Consumer Services $254 $229 Total fee income, Retail Banking $473 $428 5% Other $117 $114 Total noninterest income,
Slide 18: Non-GAAP to GAAP Reconcilement
Non-GAAP to GAAP Reconcilement Appendix For the six months ended June 30, June 30, $ in millions 2015 2014 $ Change Asset management $792 $726 Consumer services $645 $613 Corporate services $713 $644 Residential mortgage $328 $343 Service charges on deposits $309 $303 Total fee income $2,787 $2,629
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