Pnc Financial Services Group, Inc. (the) · NYSE:PNC
Pnc Financial Services Group, Inc. (the) — FY2015 Earnings Presentation
18 slides from Pnc Financial Services Group, Inc. (the)'s earnings presentation, Jan 15, 2016
Slide 1: Fourth Quarter and Full Year 2015 Earnings Conference Call
The PNC Financial Services Group, Inc. Fourth Quarter and Full Year 2015 Earnings Conference Call January 15, 2016 Exhibit 99.2
Slide 2: Cautionary Statement Regarding Forward-Looking Information and Adjusted Information
Cautionary Statement Regarding Forward-Looking Information and Adjusted Information Our earnings conference call 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 corpo
Slide 3: 2015 Achievements and FY15 Financial Summary
Grew loans, deposits and fee income(1) Expenses well-managed Overall credit quality relatively stable Strong capital and liquidity position 2015 Achievements Fee income grew 3% vs FY14(1) Southeast market revenue grew 6% YOY and noninterest income grew 15%(2) Continued execution of branch network tr
Slide 4: Loan and Deposit Growth
Investment securities increased $5.8 billion Total loans increased $1.2 billion Total deposits grew $3.5 billion Common shares outstanding reduced by 6 million The estimated Liquidity Coverage Ratio at December 31, 2015 exceeded 100 percent for both PNC and PNC Bank, N.A. Investment securities grew
Slide 5: Revenue Growth Highlights
Revenue grew NII increased (Reported and Core(5)) NIM(6) up 3 bps to 2.70% Noninterest income increase largely driven by fee income(1) growth Noninterest expense increased primarily due to higher business activity Provision relatively stable Revenue declined due to lower NII Noninterest income incre
Slide 6: Strategic Progress Towards YOY Fee Income Growth
Strategic Progress Towards YOY Fee Income Growth Fee Income(1) Growth Driven by Diverse Businesses FY14 – FY15 % Change (1) See Reconciliation in Appendix. (2) Total other noninterest income includes net gains (losses) on sales of securities and other income (including gains on asset dispositions).
Slide 7: Credit Quality Relatively Stable
The change to derecognition policy for purchase impaired pooled consumer loans reduced 4Q15 total loan balances and associated allowance for loan losses each by $468 million Overall credit quality remained relatively stable NPAs(4) and NPLs decreased Overall delinquencies down Net charge-offs increa
Slide 8: Outlook – 1Q16 vs. 4Q15
Outlook(1) – 1Q16 vs. 4Q15 Balance sheet Loans Stable Income statement Net interest income Up Modestly Fee income Down mid-single digits due to seasonality and client activity Noninterest expense Down low-single digits Loan loss provision $75-$125 million (1) Refer to Cautionary Statement in the App
Slide 9: 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 10: 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 11: 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 12: Explanatory Notes
Explanatory Notes (A) Pretax, ‘earings, a non: is useful operations. noncontrolling interests. (C) ROAA is d * Equity. interest-based activities.
Slide 13: Estimated Transitional and Fully Phased-In Basel III CET1 Capital Ratios
Estimated Transitional Basel III and Pro forma Fully Phased-In Basel III Common Equity Tier 1 Capital Ratios Appendix
Slide 14: Estimated Transitional and Fully Phased-In Basel III CET1 Capital Ratios
Estimated Transitional Basel III and Pro forma Fully Phased-In Basel III Common Equity Tier 1 Capital Ratios Appendix
Slide 15: Tangible Book Value per Common Share
Tangible Book Value per Common Share Appendix
Slide 16: Non-GAAP to GAAP Reconcilement
Non-GAAP to GAAP Reconcilement Appendix
Slide 17: Non-GAAP to GAAP Reconcilement
Non-GAAP to GAAP Reconcilement Appendix
Slide 18: Non-GAAP to GAAP Reconcilement
Non-GAAP to GAAP Reconcilement Appendix
PNC Financial Services Group — FY2015 Earnings Presentation on 6ix