Investor Presentaiton

7 Fortress Capital and Liquidity Position Strategic positioning supports ongoing versatility of business model MRQ net charge-offs bottom decile versus peers Strategic balance sheet reallocation towards low LTV residential real High- Strong estate Quality Liquidity Assets Access Significant Robust TCE/TA ~80 bps higher than peer median Capital Cash Levels Generation TBV per share growth 2x peer group Strong regulatory capital Total RBC: 12.3% - CET1: 10.0% WA 1) As of May 12, 2020 Loan growth funded through core deposits $9.8Bn in unused borrowing capacity (correspondent banks, FHLB & FRB)1 $2.5Bn unpledged marketable securities¹ Leading ROA and Operating PPNR ROA Top decile LTM ROATCE High operating leverage Note: Peers consist of 56 publicly-traded banks with total assets between $15B and $150B, excludes companies headquartered in Puerto Rico, mutual holding companies, target banks of pending acquisitions, and the minority parties in pending MOES as of March 31, 2020; S&P Global Market Intelligence 17

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