S.step 1 six Greenwich Business Banking Awards4 #1 Lender Home loan Maker Ohio / Michigan5 #8 Automobile Bank Lender $19B AUM6

Benefit relative to Huntington’s stand alone 2022E efficiency metrics as the created of the IBES consensus quotes

10% CET1 Proportion? Secret Presumptions Driving Worthy of to own Shareholders that have Much time-Title Upside eight% TBVPS Dilution dos.7yr TBVPS Earnback? $0.09 $0.sixteen $0.23 2021E 2022E Notice: Get a hold of appendix to own outline. ? Expert manera estimated at the closing. ? Accretion method earnback. Real book well worth for every display dilution including complete merger expenditures and you can CECL double matter ($0.62) separated because of the 2022E GAAP EPS accretion with fully know pricing synergies ($0.23). ? Technical invention investments expense incurred forty% within the year step one into rest depreciated along the then 3 age. 2022E pre-tax feeling out-of $20MM.

Note: Colleagues tend to be CFG, CMA, FHN, FITB, Key, MTB, PNC, RF, TFC, and you will ZION

300bp Work for Source: S&P Internationally, Financial support IQ, IBES Estimates; Note: Takes on fully realized pricing synergies. Totally Know Costs Synergies 2022E ROA Clicking the Huntington Advantage during the a significant Point in the latest Period

55 % 58 % 63 % Pro Manera Fellow #step 1 Peer #5 Peer #8 Fellow #nine Fellow #3 Fellow #six Fellow #cuatro Peer #eight Peer #dos Peer #10

2x Currency Government Track and you can get to know your expenses and look at more info help your would and you will reach finally your monetary wants The new Hub Personalized Skills Leveraging AI to add customized and you can hands-on understanding Deals Automation Have fun with AI to analyze their expenses models, income, and you can upcoming costs to track down currency you aren’t using on the membership $150MM Progressive Technical Innovation Investments over 3.5 years?

60% ? Influence within the-household capabilities to own treasury government and you will investment avenues ? Tool and you will business straight specialty accomplish a lot more for people ? Business Administration ranks because of the eight(a) mortgage regularity. 2 Screen 100 lender-possessed gadgets financing company on the a blended basis. 3 For every single Bloomberg; 2019 You municipal underwriting director from the frequency. cuatro Greenwich Couples 2019 federal and Midwest awards having complete fulfillment, likelihood to help you strongly recommend, and cash government. 5 Specialist manera combined score in the us regarding Kansas and you will Michigan. six Specialist manera AUM having shared company. Effective Possibility to Drive A lot of time-Term Gains Helps Enough time-Identity Desires to transmit Alternative, Through-the-Duration Yields Industrial Banking Providers Banking Consumer & Private Client #ten Civil Underwriting3 #8 Gizmos Finance2 #step 1 SBA seven(a) Financial when you look at the U.

80% summary of mortgage portfolio by stability Borrowing from the bank Diligence Strategy Reviewed exposure construction, borrowing from the bank rules, strategies, panel material, and you may financing data Comparison off abilities trends around the borrowing migration, delinquencies, and you may historic losings Commercial financing collection o Best credit matchmaking and you can exposures o Covid-19 impacted areas o Money Selection, Index Loans, or other specialty lending profiles Unsecured loan profile o Analytical studies around the collection areas and feedback away from credit history trials Powerful Due diligence Process sixteen Diligence Desire Portion Industrial A residential property Specialty Credit Commercial Banking Individual Banking Borrowing Underwriting & CECL Internal Review & Legal Chance Administration I . t & Surgery Regulatory & Compliance Sale & Correspondence Fund, Income tax & Bookkeeping Human resources Persistence of Team-Large Information to assess Gurus, Threats, and you may Ventures Intricate Diligence Procedure Aimed so you’re able to Keeping Huntington’s Aggregate Moderate-to-Reasonable Exposure Urges

$77MM) Core Deposit Intangible 0.50% out of TCF low-day dumps Amortized playing with share-of-years digits more than a decade] Deposit Divestiture Estimated deposit divestiture from

$450MM Other stuff Almost every other interest fair market value customizations on the ties, time-places, borrowings with $(45)MM just after-tax impact to help you equity and accreted compliment of earnings Permanent reasonable market price customizations into repaired property, OREO, almost every other possessions and you may debts, and preferred inventory which have $(104)MM immediately after-income tax feeling to help you equity 18% effective income tax speed towards the TCF money and you can merger customizations Capitalization No transform so you can financing allowance concerns Outlined Deal Assumptions Pre-taxation $MM Borrowing Rate of interest Overall Mark PCD Loan Mark $(520) $(8) $(528) Non-PCD Mortgage Mark $(339) $380 $41 Full Financing Mark $(859) $372 $(487) 20

$450MM 18% effective taxation price with the TCF earnings and merger alterations Powerful Specialist Forma Financial Impact 10 GAAP EPS Accretion Extra Metrics >20% IRR