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Investor Presentaiton

1st Quarter 2020 | Financial Highlights Q1-20 Q4-20 Q1-19 Earnings & Profitability Net Income EPS Net Interest Income $ 269.0 $ 272.0 247.3 Operating PPNR1 Net Income EPS 163.4 158.7 148.1 $84.0 million $0.83 84.0 128.1 120.8 0.83 1.25 1.16 Net Interest Margin 4.22% 4.39% 4.71% Operating Efficiency Ratio¹ 41.8 43.8 42.0 ROAA 1.22 1.92 2.12 Operating PPNR1 ROTCE1 ROTCE1 Balance Sheet & Capital Total Loans, Gross 12.18 18.89 20.49 $163.4 million 12.18% SA $ 23,166 $ 21,123 $ 18,117 Total Deposits 24,831 22,797 20,209 TCE Ratio¹ Tangible Book Value per Share¹ Asset Quality 9.4% 10.3% 10.3% Loan Growth Deposit Growth SA $ 26.73 $ 26.54 $ 23.2 Provision for Credit losses² $ 51.2 $ 4.0 $ 4.5 $2.0 billion 9.7% $2.0 billion 8.9% Net (Recoveries) Charge-Offs (3.2) 1.2 1.2 Provision in Excess of Net Charge-Offs³ 54.4 2.8 3.3 Net (Recoveries) Charge-Offs / Avg. Loans (0.06)% 0.02% 0.03% CET1 Ratio Total RBC Ratio Allowance for Credit Losses / Funded Loans 1.14 0.84 0.91 10.0% 12.3% NPAs/Total Assets 0.33 0.26 0.26 Dollars in millions, except EPS WA 1) Refer to slide 31 for further discussion of Non-GAAP financial measures. 2) Upon adoption of CECL on January 1, 2020, Provision for Credit Losses has been modified to also include amounts related to unfunded loan commitments and investment securities. Prior period amounts have been restated to conform to the current presentation. 3) Q1-20 Provision in Excess of Net Charge-Offs represents $0.44 per share, net of tax. 21 4) Nonperforming assets includes nonaccrual loans and repossessed assets.
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