Slide 1: Investor Update
Exhibit 99.1 Investor Update May 2013 Please refer to earnings release dated April 18, 2013 and 10-Q dated May 9, 2013 for further information © Fifth Third Bank | All Rights Reserved
Slide 2: Fifth Third franchise
Fifth Third franchise $121 billion assets (#12) $92 billion total deposits (#13) $14 billion market cap (#12) Michigan 18 affiliates in 12 states 1,320 banking centers Pennsylvania Ohio 2,426 ATMs Illinois Indiana West Leading market share in mature Missouri Virginia Midwest market; strong presence
Slide 3: A strong franchise with strong momentum
A strong franchise with strong momentum Net income available to Return on avg. assets Net charge-off ratio common shareholders ($MM) 1.34% 3.20% $1,541 3.02% 1.15% $1,094 0.64% 0.67% 1.49% $511 $503 0.85% 2009 2010 2011 2012 2009 2010 2011 2012 2009 2010 2011 2012 Generated highest level of net inco
Slide 4: 1Q13 highlights
1Q13 highlights Net income available to common shareholders of $413MM ($0.46 per diluted share), vs. $390MM ($0.43 per share) in 4Q12 and $421MM ($0.45 per share) in 1Q12 — Return on assets of 1.41%; return on average common equity of 12.5%; return on average tangible common equity** of 15.5% Credit
Slide 5: Strong revenue and profit generation
Strong revenue and profit generation Pre-provision net revenue (PPNR) trend 1Q13 PPNR* / Average Assets Significant purchase accounting benefit 2.1% Peer med. 1.7% PPNR $694 $636 $568 $616 $653 1Q13 returns strong relative to peers • Business mix provides higher than ROAA ROATCE average diversity am
Slide 6: NII results reflect continued moderate NIM pressure offset by balance sheet growth
NII results reflect continued moderate NIM pressure offset by balance sheet growth Fixed / Floating Portfolio NII and NIM (FTE) Interest-Earning Funding^ Assets Investment Investment Portfolio 3% Portfolio 13% Floating Loans Fixed ~40-45% 52% Loans ~55-60% 32% ($MM) Floating Fixed 55% 45% Trend: fix
Slide 7: Strong loan growth, ample opportunities for ongoing growth
Strong loan growth, ample opportunities for ongoing growth Loan balances ($B) Loan composition (EOP HFI) Commercial 47% C&I / lease $85.7 11% Commercial real estate Consumer $82.1 25% Resi. mtg. / home equity 14% Auto 3% Card / other $85.9 $83.9 $81.5 $82.6 $82.9 • Solid loan growth with disciplined
Slide 8: Strengthened deposit profile and increased value proposition to customers
Strengthened deposit profile and increased value proposition to customers Average deposit balances ($B) Simplified deposit products • Straightforward, easy to use accounts $84.9 • Reduced complexity $81.7 • Elimination of certain fees • Total relationship earns better rates and lower costs $80.2 $80
Slide 9: Diverse revenue stream
Diverse revenue stream Fee income as % of 1Q13 revenue 1Q13 Fee income distribution Card and Processing Deposit 9% Fees 18% 45% Fee income Corporate Mortgage Banking 55% 30% 13% NII Investment Advisors Other^ 13% 17% Strong momentum in key businesses: • Corporate banking: recent investments in capit
Slide 10: Disciplined expense management
Disciplined expense management Expense trend ($MM) Efficiency ratio trend Reported expense $973 $937 $1,006 $1,163 $978 • Long-term target for mid-50% efficiency Non-recurring items*: ratio in normalized environment (with higher interest rate environment) Decreasing Expense $23 $18 $5 -- $9 – Curren
Slide 11: Continued improvement in credit trends
Continued improvement in credit trends FITB credit metrics are in line with or better than peers Peer average includes: BBT, CMA, HBAN, KEY, MTB, PNC, RF, STI, USB, WFC, and ZION. Source: SNL Financial and Company Reports. Data as of 1Q13. All ratios exclude loans held-for-sale and covered assets fo
Slide 12: Strong reserve position
Strong reserve position 1Q13 coverage ratios strong relative to peers Industry leading reserve levels 3.50% $250 3.00% $200 187% 137% 2.59% 2.45% $150 2.50% 2.32% 2.16% Reserves / NPLs 2.08% $100 2.00% $50 147% 126% 1.50% $220 $181 $156 $147 $133 $0 1.00% ($71) ($71) ($50) Reserves / NPAs ($91) ($11
Slide 13: Fifth Third's balance sheet and business model relatively advantaged under new capital standards
Fifth Third’s balance sheet and business model relatively advantaged under new capital standards 1Q13 Tier 1 common / RWA Basel I Unofficial CCAR supervisory reference minimum 1Q13 Pro forma Tier 1 common / RWA U.S. proposed Basel III** 2015 Basel III minimum 2019 Basel III buffered minimum Fifth Th
Slide 14: Capital management philosophy
Capital management philosophy Capital Deployment Capital Return Organic growth opportunities Dividends* • Support growth of core banking franchise • As previously indicated, move towards levels • Continued loan growth despite sluggish more consistent with Fed’s near-term payout economy ratio guidanc
Slide 15: Well-positioned for the future
Well-positioned for the future Diversified traditional banking platform • Traditional commercial banking franchise built on customer-oriented localized operating model • Strong market share in key markets with focus on further improving density • Fee income ~45% of total revenue Industry leader in e
Slide 16: Cautionary statement
Cautionary statement This report contains statements that we believe are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Rule 175 promulgated thereunder, and Section 21E of the Securities Exchange Act of 1934, as amended, and Rule 3b-6 pr
Slide 17: Appendix
Appendix © Fifth Third Bank | All Rights Reserved
Slide 18: Financial summary
Financial summary Actual Seq. YOY ($ in millions, except per share data) 1Q12 4Q12 1Q13 $ % $ % Average Balances Commercial loans* $45,913 $47,689 $49,611 $1,922 4% $3,698 8% Consumer loans* 35,587 36,254 36,292 38 - 705 2% Total loans & leases* $81,500 $83,943 $85,903 $1,960 2% $4,403 5% Core depos
Slide 19: Pre-tax pre-provision earnings
Pre-tax pre-provision earnings* PPNR reconciliation PPNR trend ($ in millions) 1Q12 2Q12 3Q12 4Q12 1Q13 Income before income taxes (U.S. GAAP) (a) $603 $565 $503 $540 $591 $800 Add: Provision expense (U.S. GAAP) (b) 91 71 65 76 62 PPNR (a) + (b) $694 $636 $568 $616 $653 $700 68 Adjustments to remove
Slide 20: Credit-related costs
Credit-related costs In noninterest income ($MM) $18 $16 Actual $14 ($ in millions) 1Q12 2Q12 3Q12 4Q12 1Q13 Gain / (loss) on sale of loans $5 $8 $2 $4 $2 $12 Commercial loans HFS FV adjustment (1) (5) (3) (3) (1) $10 17 Gain / (loss) on sale of OREO $8 14 14 properties (17) (19) (11) (10) (10) $6 1
Slide 21: Strong mortgage banking results
Strong mortgage banking results Mortgage Banking Revenue ($MM) • Record origination fees and gain on loan sales in FY12 – Driven by record gain on sale margins and origination volumes • 1Q13 mortgage volume a record – Gains down $70MM due to lower gain on sale margins, modestly lower HARP volume, an
Slide 22: Corporate banking business generating growth
Corporate banking business generating growth Corporate banking Commercial deposit fees C&I Portfolio^ ($B) revenue ($MM) YoY % growth • 6 percent average C&I loan • 1Q13 corporate banking revenue • Growth from investments in growth in 1Q13 vs 4Q12; 2 down 13% from record 4Q12 treasury management bus
Slide 23: Momentum building in consumer bank as a result of investments and strategic changes
Momentum building in consumer bank as a result of investments and strategic changes Consumer deposit activity Alternative channel delivery Transaction volume by channel % of checking households with 3% Mobile Online banking Mobile banking 16% ATM 51% 16% Branch 47% 9% 81% More distribution channels
Slide 24: Strong liquidity profile
Strong liquidity profile Holding company unsecured debt maturities ($MM) Holding Company cash at 3/31/13: $2.7B Cash currently sufficient to satisfy all fixed obligations in a stressed environment for approximately 2 years (debt maturities, common and preferred dividends, interest and other expenses
Slide 25: Mortgage repurchase overview
Mortgage repurchase overview 1Q13 balances of outstanding claims decreased 29% from 4Q12 — Within recent range of quarterly volatility Repurchase Reserves* ($ in millions) Virtually all sold loans and the majority of new claims relate to agencies — 99% of outstanding balance of loans sold 1Q12 2Q12
Slide 26: Troubled debt restructurings overview
Troubled debt restructurings overview Successive improvement in vintage performance during TDR performance has improved in newer vintages 2008 and 2009 as volume of modification increased Mortgage TDRs that are past due 60 days or more trend by vintage* Of $1.8B in consumer TDRs, $1.7B were on accru
Slide 27: NPL Rollforward
NPL Rollforward NPL HFI Rollforward Commercial 1Q12 2Q12 3Q12 4Q12 1Q13 Beginning NPL Amount 1,058 988 983 806 697 Transfers to nonperforming 168 203 121 68 80 Transfers to performing (1) - (17) (4) (1) Transfers to performing (restructured) (2) (4) (20) (5) (4) Transfers from held for sale - - - -
Slide 28: Commercial & industrial
Commercial & industrial Credit trends Loans by geography C&I ($ in millions) 1Q12 2Q12 3Q12 4Q12 1Q13 EOP Balance* $32,155 $32,612 $33,344 $36,038 $36,757 Avg Loans* $31,371 $32,734 $33,111 $34,301 $36,395 90+ days delinquent $2 $2 $1 $1 $1 as % of loans 0.01% 0.01% NM NM NM NPAs* $474 $479 $406 $35
Slide 29: Commercial mortgage
Commercial mortgage Credit trends Loans by geography Commercial mortgage ($ in millions) 1Q12 2Q12 3Q12 4Q12 1Q13 EOP Balance* $9,909 $9,662 $9,348 $9,103 $8,766 Avg Loans* $10,007 $9,810 $9,567 $9,193 $8,965 90+ days delinquent $30 $22 $22 $22 - as % of loans 0.30% 0.23% 0.24% 0.24% NM NPAs* $568 $
Slide 30: Commercial construction
Commercial construction Credit trends Loans by geography Commercial construction ($ in millions) 1Q12 2Q12 3Q12 4Q12 1Q13 EOP Balance* $901 $822 $672 $698 $694 Avg Loans* $992 $873 $742 $686 $695 90+ days delinquent - - - $1 - as % of loans 0.05% NM NM 0.14% NM NPAs* $171 $141 $110 $88 $78 as % of l
Slide 31: Homebuilders/developers
Homebuilders/developers (included in previous slides) Credit trends Loans by geography Other / FL Homebuilders/developers National 10% MI ($ in millions) 1Q12 2Q12 3Q12 4Q12 1Q13 1% 15% EOP Balance* $423 $376 $376 $318 $309 NC 8% 90+ days delinquent $1 - - - - TN as % of loans 0.15% NM NM NM NM 5% N
Slide 32: Residential mortgage
Residential mortgage Credit trends Loans by geography FL Residential mortgage 14% MI ($ in millions) 1Q12 2Q12 3Q12 4Q12 1Q13 15% EOP Balance* $11,094 $11,429 $11,708 $12,017 $12,091 Other / Avg Loans* $10,828 $11,274 $11,578 $11,846 $12,096 National 90+ days delinquent $73 $80 $76 $75 $74 12% as %
Slide 33: Home equity
Home equity Credit trends Brokered loans by geography Direct loans by geography Home equity - brokered ($ in millions) 1Q12 2Q12 3Q12 4Q12 1Q13 EOP Balance* $1,507 $1,458 $1,414 $1,366 $1,321 90+ days delinquent $19 $17 $16 $14 $13 as % of loans 1.23% 1.15% 1.16% 1.05% 1.02% Net charge-offs $15 $14
Slide 34: Florida market
Florida market* Deterioration in real estate values have affected credit trends as evidenced by elevated NPA/NCOs in real estate related products Florida % of NPAs % of NCOs % of Loans ($B) FITB ($MM) FITB ($MM) FITB Commercial loans 2.4 7% 30 9% 1 5% Commercial mortgage 1.1 13% 77 19% 8 31% Commerc
Slide 35: Michigan market
Michigan market* Deterioration in home price values coupled with weak economy impacted credit results due to frequency of defaults and severity Michigan % of NPAs % of NCOs % of Loans ($B) FITB ($MM) FITB ($MM) FITB Commercial loans 3.2 9% 37 11% 3 13% Commercial mortgage 2.1 24% 116 28% 3 11% Comme
Slide 36: 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 Three Months Ended March December September June March 2013 2012 2012 2012 2012 Income before income taxes (U.S. GAAP) $591 $540 $503 $565 $603 A
Slide 37: 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 Three Months Ended March December September June March 2013 2012 2012 2012 2012 Total Bancorp shareholders' equity (U.S. GAAP) $13,882 $13,716 $1
Slide 38: 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 2012 2011 2010 2009 Total Bancorp shareholders' equity (U.S. GAAP) $13,716 $13,201 $14,051 $13,497 Goodwill and certain other intangib