Citizens Financial Group, Inc. · NYSE:CFG
Citizens Financial — Merger or Acquisition (May 2004)
10 slides from Citizens Financial's merger presentation, May 2004
Slide 1: Expanding Our Success
Expanding Our Success Lawrence K. Fish Chairman, President, and CEO Citizens Financial Group Charles John Koch Chairman, President, and CEO Charter One Financial
Slide 2: One of the Top 10 Commercial Bank Holding Companies in U.S.
2 One of the Top 10 Commercial Bank Holding Companies in U.S. Assets 1. Citigroup $1,317.9bn 2. JP Morgan Chase + Bank One (pending) $1,097.5bn 3. Bank of America $816.0bn 4. Wachovia $411.0bn 5. Wells Fargo $397.4bn 6. US Bancorp $192.1bn 7. Sun Trust + NCF (pending) $148.3bn 8. Citizens + Charter
Slide 3: Key Facts
3 Key Facts Citizens Charter One Combined Assets $80.0 billion $41.3 billion $128.8 billion Deposits $60.2 billion $26.9 billion $87.1 billion Loans $47.8 billion $30.2 billion $78.0 billion Employees 15,800 8,400 24,200 Traditional Branches 615 456 1,071 Supermarket Branches 258 160 418 Total Branc
Slide 4: 3rd Largest Supermarket Bank
4 3rd Largest Supermarket Bank Branches 1. Wells Fargo 698 2. Bank of America 514 3. Citizens + Charter One 418 3. US Bank 318 4. Citizens 258 5. TCF National Bank 242 6. Washington Mutual 202 7. National Bank of Commerce 187 8. Bank One 181 9. Charter One 160 10. SunTrust 155
Slide 5: Current Citizens Branches
Current Citizens Branches \ . @> CITIZENS BANK CHARTER ONE Not your typical bank.® BANK
Slide 6: Citizens and Charter One Branches
6 Citizens and Charter One Branches Citizens Charter One
Slide 7: Citizens Growth
7 Citizens Growth Citizens Citizens and Charter One = 129 Financial Group Assets (in billions of $) 78 61 52 30 15 3 5 '88 '92 '96 '00 '01 '02 '03 '04
Slide 8: Headquarters to Remain in Providence, RI
8 Headquarters to Remain in Providence, RI • 1992 2,000 employees • 2004 24,200 employees
Slide 9: Citizens Community Commitments
9 Citizens Community Commitments • $60 million charitable foundation established for the Charter One communities • Donate 1% of pre-tax earnings • “Outstanding” CRA ratings
Slide 10: Expanding Our Success
10 Expanding Our Success • One of the Top 10 largest Commercial Bank Holding Companies in the U.S. • Headquartered in Providence, RI • Citizens enters 6 new states: – Ohio, Illinois, Indiana, Michigan, New York, and Vermont • Expands presence in 3 existing states: – Massachusetts, Connecticut, and P
Citizens Financial Group — Merger or Acquisition (May 2004) on 6ix