Fourth Quarter Highlights
Acquisitions & Efficiency Ratio
($'s in millions)
$45,000
$40,000
$35,000
$34,059
$32,186
$37,834 $37,690 $37,834 $37,690
$30,000
$25,000
$21,508
$22,331
$22,037
$22,587 $22,693
$20,000
$18,642
48.3%
43.5%
41.6%
41.8%
41.9%
42.5%
42.8%
43.7%
42.6%
41.8%
42.2%
42.8%
40.9%
$15,000
$14,584
$10,000
$5,000
$0
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
4Q21
4Q22
% of Assets
Acquired 23.7%
20.9%
11.2%
0.0%
2.5%
0.0%
0.0%
31.3%
0.0%
0.0%
0.0%
0.0%
0.0%
Total Assets Excluding Acquisitions
Total Assets Acquired
(1)
Efficiency Ratio (2)
Source: Company Documents
(1)
Representative of target assets at closing
10
(2)
Calculated by dividing total noninterest expense, excluding credit loss provisions, by net interest income plus noninterest income, excluding net gains and losses on the sale or write
down of assets and securities. Additionally, taxes are not part of this calculation.
PB
LISTED
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