Investor Presentaiton slide image

Investor Presentaiton

Net Income (4) $369.2 $332.6 $346.3(4). $321.8 $309.6 $311.7 $274.5 $272.2 $255.5 $250.6 $259.3 ($ in millions) $400.0 10 Year CAGR: "3 (1)(4) 12.7% $350.0 5 Year CAGR: (2)(4) 4.4% $297.4 $286.6 $300.0 $236.2 $250.0 $221.4 $185.7 $200.0 $167.9 $154.9 $141.7 $150.0 $127.7- $111.9 $100.0 $50.0 $0.0 2009 2010 $122.8 (4) $86.1 $102.9 (4) $83.3 $66.3 $81.2 (3) 2011 2012 2013 2014 2015 2016 2017 2018 2019 4Q18 4Q19 Note: Net income includes the following ($ in thousands) Provision for Credit $28,775 $13,585 Losses $5,200 $6,100 $17,240 $18,275 $7,560 $24,000 $14,325 $16,350 $4,300 $1,000 $1,700 Loan Discount Accretion $26,413 $62,723 $95,875 $52,122 $38,970 $21,906 $13,909 $28,045 $2,903 $23,742 Net Income Net Income (Excluding Merger Charges) Net Income (Excluding Purchase Accounting Adjustments) Net Income (Excluding PAA and Merger Charges) 9 Source: Company Documents (1) (2) Represents the Compound Annual Growth Rate of net income from 12/31/2009 - 12/31/2019 Represents the Compound Annual Growth Rate of net income from 12/31/2014 - 12/31/2019 (3) Net income includes a one-time non-cash charge of $1.431 million related to the "Tax Cuts and Jobs Act" enacted on December 22, 2017 (4) Excludes after-tax merger related charges of ($36.658) million for the fourth quarter 2019 PB LISTED NYSE
View entire presentation