Fifth Third Bancorp · NASDAQ:FITB
Fifth Third Bancorp — Shareholder Meeting (April 2017)
13 slides from Fifth Third Bancorp's shareholder meeting presentation, Apr 18, 2017
Slide 1: Annual Meeting of Shareholders
Exhibit 99.1 Annual Meeting of Shareholders April 18, 2017 Please refer to earnings release dated January 24, 2017 and 10-K dated February 25, 2017 for further information about our performance in 2016, including full-year results reported on a U.S. GAAP basis. © Fifth Third Bancorp | All Rights Res
Slide 2: Cautionary statement
Cautionary statement 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, as amended, and Rule 3
Slide 3: 2016 performance at a glance
2016 performance at a glance Diluted earnings per share Tangible book value per share 2 $16.60 $15.39 $2.02 $2.01 $1.93 $14.40 $13.00 $1.66 $0.39 $1.66 $0.30 $12.33 $0.57 $0.23 $0.12 $1.63 $1.63 $1.43 $1.54 $1.44 2012 2013 2014 2015 2016 2012 2013 2014 2015 2016 EPS ex. Vantiv gains 1,2 Vantiv gains
Slide 4: Strong capital return to shareholders while increasing capital levels
Strong capital return to shareholders while increasing capital levels • ~$1.1 billion in capital returned to common shareholders – $661MM common stock repurchases – $405MM common dividends declared 2016 total payout yield (regional peers) 7% 6% 5% 4% 3% 2% 1% 0% RF PNC FITB USB STI MTB CMA BBT CFG K
Slide 5: Performance track-record
Performance track-record 50% 2016 Total Shareholder Return FITB 40% Fifth Third (FITB) vs. KBW Bank Index and S&P 500 Bank Industry Index 37.8% KBW 30% 28.5% S&P Banks 20% 24.3% 10% 0% -10% -20% -30% - 40% 1/3/2016 2/11/2016 3/23/2016 5/3/2016 6/13/2016 7/22/2016 8/31/2016 10/11/2016 11/18/2016 12/3
Slide 6: The economic backdrop remains uncertain
The economic backdrop remains uncertain • The unemployment rate remains low but other economic indicators are mixed – We are benefiting from higher interest rates – The Fed has indicated the need to possibly accelerate tightening • The government is expected to take steps that should be positive for
Slide 7: Our strong balance sheet has allowed us to capitalize on opportunities
Our strong balance sheet has allowed us to capitalize on opportunities • Strong capital ratios • Balanced interest rate risk profile well-positioned to benefit from rising rate environment • Vantiv ownership with sizeable unrecognized value • Continued to reduce auto exposure • Criticized asset rati
Slide 8: We are committed to improved profitability
We are committed to improved profitability • Generating positive operating leverage is a top priority in 2017 • NorthStar long-term financial targets: – ROTCE1 : 12% - 14% – ROA: 1.1% - 1.3% – Efficiency ratio: < 60% • We plan to achieve our profitability targets regardless of the interest rate envi
Slide 9: While we are investing in our businesses, we are also investing in our communities
While we are investing in our businesses, we are also investing in our communities $30 billion in Lending & Tax Credit Investments $30 • $11 billion in mortgage credit access • $10 billion in small business Billion • $9 billion in community development lending and investments NCRC and Fifth Third si
Slide 10: Recent accolades
Recent accolades Customers Employees 10 © Fifth Third Bancorp | All Rights Reserved
Slide 11: Fifth Third priorities
Fifth Third priorities Targeting growth in strategic areas Committed to higher profitability and attractive returns relative to peer group Well-positioned to achieve long-term targets 11 © Fifth Third Bancorp | All Rights Reserved
Slide 12: © Fifth Third Bancorp | All Rights Reserved
© Fifth Third Bancorp | All Rights Reserved
Slide 13: Regulation G non-GAAP reconciliation
Regulation G non-GAAP reconciliation Fifth Third Bancorp and Subsidiaries Regulation G Non-GAAP Reconciliation $ and shares in millions (unaudited) For the Year Ended 2016 2015 2014 2013 2012 Total Bancorp shareholders' equity (U.S. GAAP) $16,205 $15,839 $15,626 $14,589 $13,716 Less: Preferred stock
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