Investor Presentaiton
Operational Efficiency
Operating Efficiency ($'millions)
Branch optimization
Assets per FTE
Assets per Branch
fully completed by
end of Q1-22
327
185
147
127
118
96
96
85
250
7
7
8
9
9
12
13
14
HP
2015
2016
2017
2018
2019
2020
2021
Q2-22
10
Deposits per Branch ($'millions)
3.6x
99
9
94
71
69
113
152
207
259
2015
2016
2017
2018
2019
2020
2021 Q2-22
Core Non-interest Expense¹ to Total Avg. Assets (Annualized)
2015
2.39%
(60) bps
Q2-22
1.79%
(1) Core metrics for Q2-22 exclude merger related expenses, net branch consolidation expenses, and net loss/gain on equity investments. In addition, for comparison purposes, Trident operations
have been excluded from Q2-22 expenses. Refer to the "Non-GAAP Reconciliation" and "Supplemental Information on Trident" in the Earnings Release for additional information.
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