Citizens Financial Group, Inc. · NYSE:CFG

Citizens Financial — Shareholder Meeting (April 2016)

18 slides from Citizens Financial's shareholder meeting presentation, Apr 28, 2016

  1. Slide 1: 2016 Annual Meeting

    2016 Annual Meeting April 28, 2016

  2. Slide 2: Making financial progress while making a difference

    Making financial progress while making a difference Good Financial Performance  Grew Adjusted earnings per diluted share 13%* to $1.61, versus 2014; generated positive Adjusted operating leverage of over 3%*  Improved market share in key areas such as middle market, commercial real estate, mortgag

  3. Slide 3: Making financial progress while making a difference

    Making financial progress while making a difference Customers  Delivered broadly stable customer satisfaction scores in Commercial and Consumer and enhanced the foundation for continued improvement  Received numerous external awards and recognition Colleagues  Continue to attract top-level talent

  4. Slide 4: Delivered attractive balance sheet and revenue growth in 2015

    Delivered attractive balance sheet and revenue growth in 2015 FY15 vs. FY14 A scaled platform well-positioned to drive value Strong loan growth Growing revenues faster Lower NIM compression (Average total loan growth) (Core revenue growth(1)) (Core net interest margin change(1)) CFG Peer average ` 8

  5. Slide 5: With continued focus on expense control and improving returns

    With continued focus on expense control and improving returns FY15 vs. FY14 Well-controlled expenses Efficiency improvement Accelerating profitability (Core noninterest expense(1) change) (Core efficiency ratio(1) change) (Core net income available to common stockholders(1) change) 10.1% 224 bps 108

  6. Slide 6: Continue to strengthen the risk and regulatory framework

    Continue to strengthen the risk and regulatory framework Regulatory  Step-change improvement in CCAR capabilities – Integrated capital planning – Deepened expertise in stress testing and modeling – Achieving non-objection to 2015 submission reflects significant effort and progress, with room for fu

  7. Slide 7: We remain focused on our key stakeholders

    We remain focused on our key stakeholders Communities Regulators Customers Investors Colleagues With customers at our cultural heart 6

  8. Slide 8: Getting to top performing

    Getting to top performing Our plan has clear objectives for each stakeholder  Achieve current targets, then raise the bar Investors  Strive for consistency in performance, limit tail risk  Target attractive high pay-out ratio; steady and growing dividend  Continue to improve customer satisfactio

  9. Slide 9: Key messages

    Key messages  Citizens is an attractive franchise with great potential ─ We have a plan to become a top-performing regional bank ─ To date, we are executing well against that plan ─ We are mindful of building it ‘right’ for the long-term while delivering tangible financial improvement near-term  2

  10. Slide 10: Matters submitted for stockholder vote

    Matters submitted for stockholder vote 9

  11. Slide 11: Citizens Financial Group, Inc.

    3% Citizens Financial Group, Inc.” 10

  12. Slide 12: Appendix

    Appendix 3% Citizens Financial Group, Inc.” W

  13. Slide 13: Forward-looking statements

    Forward-looking statements This document contains forward-looking statements within the Private Securities Litigation Reform Act of 1995. Any statement that does not describe historical or current facts is a forward-looking statement. These statements often include the words “believes,” “expects,” “

  14. Slide 14: Non-GAAP Financial Measures

    Non-GAAP Financial Measures Non-GAAP Financial Measures This document contains non-GAAP financial measures. The table below presents reconciliations of certain non-GAAP measures. These reconciliations exclude restructuring charges and/or special items, which are usually included, where applicable, i

  15. Slide 15: Non-GAAP Reconciliation Table

    Non-GAAP Reconciliation Table (Excluding restructuring charges and special items) $s in millions, except per share data FOR THE YEAR ENDED DECEMBER 31, 2015 2014 2015 Change from 2014 Core net interest income, excluding special items: Net interest income (GAAP) $3,402 $3,301 Less: Special items - -

  16. Slide 16: Non-GAAP Reconciliation Table

    Non-GAAP Reconciliation Table (Excluding restructuring charges and special items) $s in millions, except per share data FOR THE YEAR ENDED DECEMBER 31, 2015 2014 2015 Change from 2014 Core net income, excluding restructuring charges and special items: Net income (GAAP) G $840 $865 Add: Restructuring

  17. Slide 17: Non-GAAP Reconciliation Table

    Non-GAAP Reconciliation Table (Excluding Chicago Divestiture) $s in millions FOR THE YEAR ENDED DECEMBER 2015 Change from 31, 2014 2015 2014 Core net interest margin, excluding Chicago adjustment: Average interest earning assets (GAAP) $122,950 $116,187 Less: Estimated - Chicago adjustment - 516 Ear

  18. Slide 18: Citizens Financial Group, Inc.

    3< Citizens Financial Group, Inc.”

Citizens Financial Group — Shareholder Meeting (April 2016) on 6ix