Fifth Third Bancorp · NASDAQ:FITB
Fifth Third Bancorp — Shareholder Meeting (April 2014)
12 slides from Fifth Third Bancorp's shareholder meeting presentation, Apr 15, 2014
Slide 1: Annual Meeting of Shareholders
Exhibit 99.1 Annual Meeting of Shareholders April 15, 2014 Please refer to earnings release dated January 23, 2014 and 10-K dated February 24, 2014 for further information, including full results reported on a U.S. GAAP basis. © Fifth Third Bank | All Rights Reserved
Slide 2: 2013: A record year
2013: A record year Net income to common ($MM) Return on avg. assets Total payout ratio 1 1.5% 74% $1,799 1.3% 63% 74% $1,541 1.2% 11% $1,094 39% 0.6% 0.7% 31% 23% $511 $503 6% 6% 2009 2010 2011 2012 2013 2009 2010 2011 2012 2013 2009 2010 2011 2012 2013 Generated highest level of net Steadily impro
Slide 3: Strong capital return to shareholders
Strong capital return to shareholders $1.3 billion in capital returned to common shareholders 2013 total payout yield (regional peers) 8% $1,400 7.4% $212MM common stock repurchases 7% $1,200 utilizing AT Vantiv gains 6% 5.6% $1,000 5.4% $710MM common 5% 4.9% 4.8% stock repurchases $800 (net of $398
Slide 4: Capital management – core focus
Capital management – core focus Current capital requirements Future capital requirements Tier 1 common equity ratio1 Basel III Tier 1 common equity ratio 1 10% 9.4% 10% 9.0% 8% 8% 7.0% 2015 Basel III 6% 5% CCAR 6% minimum supervisory 4.5% 2015 4% reference 4% Basel III minimum minimum 2% 2% 0% 0% 20
Slide 5: 2013 total return
2013 total return (price appreciation plus dividends) 45% FITB +42% 40% S&P Banks Index +36% 35% S&P 500 Index +32% 30% 25% 20% 15% 10% 5% 0% Market recognizing Fifth Third’s progress Source: Bloomberg, 12/31/12-12/31/13 5 © Fifth Third Bank | All Rights Reserved
Slide 6: 2013 key themes
2013 key themes • Solid returns and healthy balance sheet with strong growth potential • Continued long history of disciplined expense management • Executed on strategic plans: – Enhancing scale and scope of Commercial Bank – Redesign of Consumer Bank for long term profitability – Growing wealth man
Slide 7: Looking at banking differently
Looking at banking differently Homeowner Reemployment Program • First in the industry to offer job search • Directing donations toward cancer assistance to unemployed mortgage research with every qualifying purchase borrowers made using a Fifth Third SU2C debit or • 30% - 40% reemployed after 6 mont
Slide 8: Accolades
Accolades First and only firm recognized Second time recognized and as “Five STAR Servicer” one of 32 companies chosen March 26, 2014 April 3, 2013 Power Partner award Best Overall, One of only 18 companies chosen Best Visibility of Major Fees, and November 14, 2013 Best Clarity of Fee Information A
Slide 9: Near-term priorities
Near-term priorities Focused Segmentation • Identify the right customer segments and understand their unmet needs • Deliver better, more focused value propositions Focused Growth more effectively Segmentation Accelerators Distinctive Execution • Offer customers differentiated advice, service and pro
Slide 10: © Fifth Third Bank | All Rights Reserved
© Fifth Third Bank | All Rights Reserved
Slide 11: Cautionary statement
Cautionary statement This report 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, as amended, and Rule 3b-6 pr
Slide 12: Regulation G Non-GAAP reconciliation
Regulation G Non-GAAP reconciliation Fifth Third Bancorp and Subsidiaries Regulation G Non-GAAP Reconcilation $ and shares in millions (unaudited) For the Year Ended 2013 2012 2011 2010 2009 Total Bancorp shareholders' equity (U.S. GAAP) $14,589 $13,716 $13,201 $14,051 $13,497 Goodwill and certain o
Fifth Third Bancorp — Shareholder Meeting (April 2014) on 6ix