S.1 six Greenwich Business Banking Awards4 #1 Bank Home loan Creator Kansas / Michigan5 #8 Auto Bank Lender $19B AUM6

Work for relative to Huntington’s standalone 2022E efficiency metrics given that designed by the IBES opinion prices

10% CET1 Ratio? Trick Presumptions Operating Really worth to own Shareholders with Enough time-Name Upside eight% TBVPS Dilution dos.7yr TBVPS Earnback? $0.09 $0.16 $0.23 2021E 2022E Mention: Look for appendix to possess outline. ? Professional manera projected at the closing. ? Accretion approach earnback. Tangible book well worth each show dilution including complete merger expenses and you will CECL double count ($0.62) split up by the 2022E GAAP EPS accretion with completely realized cost synergies ($0.23). ? Tech development investment bills obtain 40% when you look at the season 1 on rest depreciated across the further step three age. 2022E pre-taxation impact from $20MM.

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

300bp Work for Origin: S&P All over the world, Investment IQ, IBES Rates; Note: Takes on fully understood pricing synergies. Completely Know Rates Synergies 2022E ROA Pressing the fresh new Huntington Virtue on a life threatening Reason for the Duration

55 % 58 % 63 % Expert Forma Fellow #step 1 Peer #5 Peer #8 Peer #9 Fellow #step 3 Fellow #six Fellow #4 Peer #seven Fellow #dos Fellow #10

2x Currency Administration Track and you may familiarize yourself with your own expenses that assist your carry out and you can reach finally your monetary wants The brand new Middle Customized Wisdom Leverage AI to incorporate custom and you can proactive wisdom Offers Automation Play with AI to analyze your own purchasing activities, earnings, and you may following costs to track down currency you are not playing with on your own membership $150MM Incremental Technical Development Expenditures over 3.5 years?

60% Merino loans? Control during the-household possibilities to have treasury management and funding places ? Device and you will world vertical specialty to accomplish way more to own consumers ? Small company Management positions because of the 7(a) financing frequency. dos Monitor 100 bank-owned gizmos fund organization towards a blended foundation. 3 Each Bloomberg; 2019 United states civil underwriting manager because of the volume. 4 Greenwich Lovers 2019 federal and you can Midwest awards to own complete fulfillment, likelihood to help you suggest, and money government. 5 Pro forma shared score in the states of Kansas and Michigan. six Expert forma AUM to own mutual organization. Strong Possibility to Drive A lot of time-Name Growth Aids Long-Name Wants to send Sustainable, Through-the-Stage Productivity Commercial Banking Providers Financial User & Individual Visitors #ten Municipal Underwriting3 #8 Gadgets Finance2 #step one SBA eight(a) Lender within the You.

80% report about mortgage profile by the balance Credit Diligence Method Reviewed chance construction, credit policies, strategies, panel content, and you can loan data Investigations of overall performance styles all over credit migration, delinquencies, and you will historic losings Commercial loan profile o Finest financing matchmaking and exposures o Covid-19 inspired markets o Resource Solutions, List Funds, and other expertise financing profiles Personal bank loan collection o Statistical analysis round the portfolio locations and you may feedback off credit reports trials Strong Homework Processes 16 Diligence Notice Portion Industrial A residential property Expertise Credit Commercial Financial User Financial Borrowing Underwriting & CECL Inner Audit & Legal Exposure Government It & Surgery Regulating & Conformity Product sales & Telecommunications Money, Income tax & Accounting Hr Dedication from Team-Broad Tips to evaluate Gurus, Dangers, and you may Potential Detailed Diligence Techniques Lined up so you can Maintaining Huntington’s Aggregate Reasonable-to-Lower Chance Appetite

$77MM) Key Deposit Intangible 0.50% out-of TCF low-go out places Amortized playing with share-of-many years digits over ten years] Put Divestiture Estimated deposit divestiture out of

$450MM Other stuff Almost every other interest reasonable market value changes with the bonds, time-dumps, borrowings that have $(45)MM once-income tax impact so you’re able to guarantee and you may accreted through income Permanent reasonable market value customizations to your repaired possessions, OREO, other assets and you may debts, and you may prominent stock that have $(104)MM once-tax impression so you’re able to security 18% energetic taxation rate for the TCF earnings and merger customizations Capitalization Zero alter so you’re able to money allotment goals Intricate Purchase Presumptions Pre-taxation $MM Borrowing from the bank Interest rate Full Draw PCD Financing Mark $(520) $(8) $(528) Non-PCD Loan Draw $(339) $380 $41 Overall Loan Mark $(859) $372 $(487) 20

$450MM 18% effective tax price toward TCF money and you can merger improvements Powerful Pro Manera Economic Effect ten GAAP EPS Accretion More Metrics >20% IRR