Fifth Third Bancorp · NASDAQ:FITB

Fifth Third Bancorp — RBC Capital Markets Financial Institutions Conference 2025

15 slides from Fifth Third Bancorp's conference presentation, Mar 4, 2025

  1. Slide 1: RBC Capital Markets Financial Institutions Conference

    © Fifth Third Bancorp | All Rights Reserved © Fifth Third Bancorp | All Rights Reserved RBC Capital Markets Financial Institutions Conference Bryan Preston Chief Financial Officer March 5, 2025

  2. Slide 2: Forward-looking statements

    © Fifth Third Bancorp | All Rights Reserved This presentation 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,

  3. Slide 3: A simple, diversified business portfolio

    © Fifth Third Bancorp | All Rights Reserved Commercial Banking Lending / Deposits / Capital Markets / Treasury Management & Payments $67B loans $65B deposits Consumer & Small Business Banking Wealth & Asset Management Business Offerings Loans / Deposits $4B loans $11B deposits $47B loans $88B deposi

  4. Slide 4: Driving to consistently generate top quartile results

    © Fifth Third Bancorp | All Rights Reserved 1.17% Peer 9 Peer 4 x Peer 10 Peer 8 Peer 6 Peer 3 Peer 2 Peer 1 Peer 7 Peer 11 Peer 5 54.7% Peer 9 x Peer 4 Peer 6 Peer 3 Peer 2 Peer 10 Peer 8 Peer 7 Peer 11 Peer 5 Peer 1 12.0% Peer 1 Peer 2 Peer 3 Peer 4 Peer 5 X Peer 6 Peer 7 Peer 8 Peer 9 Peer 10 Pee

  5. Slide 5: Disciplined execution guided by core principles

    © Fifth Third Bancorp | All Rights Reserved Disciplined execution guided by core principles Stability Profitability Growth Consistent and disciplined management, with a long-term focus throughout the company 5 • Resilient balance sheet • Strong credit profile • Diverse fee mix with high total revenu

  6. Slide 6: Deposit share rank in MSAs where Fifth Third operates

    © Fifth Third Bancorp | All Rights Reserved Deposit share rank in MSAs where Fifth Third operates 1 As of June 30, 2024; deposits capped at $250MM Maintaining market share across Midwest branch network while increasing share in high-growth Southeast markets 9 th 12 th 5 th 13 th 14 th 3 rd 2 nd 1 st

  7. Slide 7: Southeast investments with proven performance and growth potential

    © Fifth Third Bancorp | All Rights Reserved 6.0% 3.9% 2.3% 2.1% 2.1% 1.6% 1.5% 1.2% 1.1% 1.1% 0.4% 0.4% Peer 6 Peer 10 Peer 9 Peer 7 Peer 8 Peer 1 Peer 5 Peer 4 Peer 2 Peer 3 Peer 11 Southeast investments with proven performance and growth potential Illustrative deposit growth potential from branche

  8. Slide 8: Commercial Payments with significant scale and leading technology

    © Fifth Third Bancorp | All Rights Reserved Commercial Payments with significant scale and leading technology 8 Well established commercial payments organization with significant scale 1 See forward-looking statements on page 2 of this presentation regarding forward-looking non-GAAP measures and use

  9. Slide 9: Well-managed credit over time

    © Fifth Third Bancorp | All Rights Reserved 4.82% 4.01% 3.31% 2.43% 1.84% 1.58% 1.47% 1.36% 1.32% 0.86% 0.82% 0.38% Peer 10 x Peer 5 Peer 9 Peer 3 Peer 1 Peer 8 Peer 6 Peer 11 Peer 2 Peer 7 Peer 4 1 Source: FR Y-9C; CRE includes the following captions within schedule HC-C: 1a - construction, land de

  10. Slide 10: Balance sheet positioned to grow tangible book value per share

    © Fifth Third Bancorp | All Rights Reserved $14.83 $17.64 $18.69 $19.61 $20.40 $21.18 $21.93 3.88% 3.88% 4.58% 4.7% 4.8% 4.9% 4.9% 3.00% 4.00% 5.00% 6.00% 7.00% 8.00% 9.00% 10.00% 11.00% 12.00% 13.00% 10 12 14 16 18 20 22 24 12/31/22 12/31/23 12/31/24 12/31/25 12/31/26 12/31/27 12/31/28 +19% +6% For

  11. Slide 11: Current expectations

    © Fifth Third Bancorp | All Rights Reserved stable Noninterest expense 1 up ~8% (4Q24 baseline: $1.225 billion; Excludes the mark-to-market impact of non-qualified deferred compensation) Net charge-off ratio 45 - 49 bps (including HFS) Avg. loans & leases up ~2% Current expectations 11 Net interest

  12. Slide 12: Why Fifth Third

    © Fifth Third Bancorp | All Rights Reserved ✓ Well-diversified and resilient balance sheet to provide stability and profitability ✓ Consistent investments to generate balanced and growing revenue streams while maintaining peer-leading expense discipline ✓ Multi-year track record of making appropriat

  13. Slide 13: Appendix

    © Fifth Third Bancorp | All Rights Reserved Appendix 13

  14. Slide 14: Projected AOCI accretion

    © Fifth Third Bancorp | All Rights Reserved Classification: Internal Use 10-year treasury yield Projected AOCI accretion Securities portfolio AOCI accretion 14 $ in billions; 12/31/24 AFS and HTM portfolio unrealized loss, after-tax ~55% capital accretion ~18% capital accretion Historical AOCI accre

  15. Slide 15: Structure of securities portfolio drives continued AOCI accretion

    © Fifth Third Bancorp | All Rights Reserved Structure of securities portfolio drives continued AOCI accretion 15 • Unrealized losses on Available-for- Sale securities declined significantly from 3Q23 • Investment portfolio structure of bullet and locked-out securities provides certainty of cash flow

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