S.step one 6 Greenwich Business Banking Awards4 #step 1 Financial Financial Inventor Kansas / Michigan5 #8 Auto Bank Lender $19B AUM6

S.step one 6 Greenwich Business Banking Awards4 #step 1 Financial Financial Inventor Kansas / Michigan5 #8 Auto Bank Lender $19B AUM6

Work for prior to Huntington’s standalone 2022E abilities metrics as meant because of the IBES opinion prices

10% CET1 Ratio? Key Assumptions Riding Worth for Shareholders having A lot of time-Identity Upside 7% TBVPS Dilution 2.7yr TBVPS Earnback? $0.09 $0.sixteen $0.23 2021E 2022E Note: Get a hold of appendix for detail. ? Pro forma projected on closing. ? Accretion approach earnback. Concrete guide value for every express dilution inclusive of overall merger expenses and you can CECL twice matter ($0.62) separated because of the 2022E GAAP EPS accretion which have fully knew cost synergies ($0.23). ? Technology creativity expenditures debts sustained 40% during the 12 months step 1 with the remainder depreciated over the then step three age. 2022E pre-income tax perception regarding $20MM.

Note: Co-workers include CFG, CMA, FHN, FITB, Trick, MTB, PNC, RF, TFC, and you can ZION

300bp Work with Origin: S&P Global, Financing IQ, IBES Rates; Note: Assumes on totally realized pricing synergies. Fully Knew Costs Synergies 2022E ROA Clicking the brand new Huntington Advantage during the a significant Point in new Course

55 % 58 % 63 % Expert Forma Peer #1 Fellow #5 Fellow #8 Fellow #9 Peer #step three Fellow #6 Peer #4 Peer #seven Peer #2 Fellow #10

2x Currency Government Track and you can familiarize yourself with your investing which help your create and you will reach your financial needs This new Centre Customized Understanding Leverage AI to incorporate individualized and you may proactive expertise Offers Automation Explore AI to analyze their purchasing habits, income, and following expenditures to acquire money you are not using on your account $150MM Progressive Technology Development Financial investments over step 3.five years?

60% ? Influence from inside the-household capabilities to have treasury administration and you will investment markets ? Unit and you will industry straight specialization to accomplish significantly more getting consumers ? Small company Administration positions because of the eight(a) loan volume. dos Monitor 100 bank-had gadgets fund business to your a blended basis. 3 For every single Bloomberg; 2019 You municipal underwriting movie director by the volume. cuatro Greenwich Partners 2019 national and you can Midwest honours to own total pleasure, possibilities to help you suggest, and money management. 5 Professional forma joint rating in the us away from Ohio and Michigan. six Pro manera AUM for combined team. Strong Opportunity to Drive Enough time-Title Increases Supports Enough time-Title Desires to transmit Sustainable, Through-the-Stage Returns Industrial Banking Team Financial User & Private Client #10 Municipal Underwriting3 #8 Equipment Finance2 #step 1 SBA 7(a) Financial in the U.

80% breakdown of mortgage collection by balances Borrowing from the bank Diligence Means Reviewed risk build, borrowing regulations, methods, committee materials, and you will loan files Evaluation from performance trend round the borrowing migration, delinquencies, and you may historical losings Commercial loan portfolio o Finest lending matchmaking and exposures o Covid-19 influenced markets o Resource Choices, List Finance, and other expertise financing profiles Unsecured loan profile o Mathematical studies around the profile avenues and you will opinion regarding credit reports samples Sturdy Research Process sixteen Diligence Attention Portion Industrial A residential property Specialty Lending Commercial Financial Individual Financial Credit Underwriting & CECL Interior Review & Court Chance Administration Information technology & Businesses Regulatory & Conformity Purchases & Correspondence Financing, Taxation & Accounting Human resources Time and energy from Team-Wide Info to assess Benefits, Risks, and you can Options In depth Diligence Techniques Aligned so you’re able to Keeping Huntington’s Aggregate Reasonable-to-Reasonable Chance Appetite

$77MM) Key Put Intangible 0.50% away from TCF non-date deposits Amortized playing with sum-of-years digits more 10 years] Put Divestiture Projected put divestiture https://paydayloancolorado.net/steamboat-springs/ away from

$450MM Other activities Most other rate of interest reasonable market value adjustments toward bonds, time-dumps, borrowings that have $(45)MM immediately following-income tax effect to guarantee and you will accreted courtesy money Long lasting fair market price adjustments towards the fixed assets, OREO, almost every other property and you can obligations, and you may well-known stock having $(104)MM immediately following-taxation impression to equity 18% active taxation rate to your TCF income and you can merger modifications Capitalization No transform to money allotment goals Detailed Deal Assumptions Pre-income tax $MM Borrowing Rate of interest Full Draw PCD Mortgage Draw $(520) $(8) $(528) Non-PCD Financing Mark $(339) $380 $41 Full Mortgage Mark $(859) $372 $(487) 20

$450MM 18% effective taxation price towards TCF money and merger improvements Compelling Professional Manera Financial Perception 10 GAAP EPS Accretion More Metrics >20% IRR