Benefit in accordance with Huntington’s stand alone 2022E show metrics once the implied from the IBES opinion quotes

10% CET1 Proportion? Key Presumptions Operating Worthy of to own Shareholders which have Enough time-Term Upside 7% TBVPS Dilution 2.7yr TBVPS Earnback? $0.09 $0.16 $0.23 2021E 2022E Mention: Pick appendix to possess detail. ? Pro forma projected at closing. ? Accretion strategy earnback. Real book well worth for each and every share dilution inclusive of total merger expenses and CECL double amount ($0.62) split up by the 2022E GAAP EPS accretion that have fully understood pricing synergies ($0.23). ? Technology innovation assets expenses obtain 40% during the year 1 towards others depreciated along side then step three decades. 2022E pre-tax impact out of $20MM.

Note: Co-workers tend to be CFG, CMA, FHN, FITB, Key, MTB, PNC, RF, TFC, and ZION

300bp Work with Supply: S&P In the world, Capital IQ, IBES Prices; Note: Assumes fully realized costs synergies. Completely Understood Prices Synergies 2022E ROA Clicking the latest Huntington Virtue from the a serious Reason for the newest Stage

55 % 58 % 63 % Pro Forma Fellow #1 Peer #5 Peer #8 Peer #nine Peer #step 3 Peer #six Fellow #4 Fellow #seven Peer #dos Fellow #ten

2x Currency Management Song and you can become familiar with your own investing which help your create and reach finally your monetary needs The latest Hub Customized Knowledge Leveraging AI to provide custom and you can hands-on understanding Coupons Automation Play with AI to research your own purchasing patterns, money, and you can following expenditures to find money you aren’t having fun with in your account $150MM Progressive Technical Creativity Investments over 3.5 years?

60% ? Control during the-house possibilities to possess treasury government and you may financing avenues ? Tool and globe vertical specialization accomplish significantly more having people ? Home business Management positions of the 7(a) mortgage frequency. 2 Screen 100 bank-owned gizmos funds business on the a blended basis. 3 For every Bloomberg; 2019 All of us civil underwriting director from the volume. cuatro Greenwich Lovers 2019 federal and you can Midwest honours having complete pleasure, likelihood to help you highly recommend, and money management. 5 Specialist forma shared rating in the us regarding Kansas and Michigan. 6 Specialist forma AUM to have combined team. Effective Possibility to Drive Much time-Identity Increases Supports Long-Term Goals to send Green, Through-the-Stage Productivity Industrial Banking Company Financial Individual & Private Buyer #ten Municipal Underwriting3 #8 Gizmos Finance2 #1 SBA 7(a) Financial from inside the You.

80% article on financing portfolio by balance Borrowing Diligence Approach Assessed chance framework, borrowing formula, actions, committee materials, and you can loan documents Testing away from show trend across borrowing migration, delinquencies, and you may historic loss Industrial financing portfolio o Better lending relationship and exposures o Covid-19 impacted opportunities o Financial support Solutions, Catalog Finance, or any other specialty financing portfolios Personal bank loan profile o Mathematical studies round the profile places and remark of credit file trials Sturdy Due diligence Process 16 Diligence Desire Portion Commercial A home Specialty Lending Commercial Banking Consumer Banking Borrowing Underwriting & CECL Inner Audit & Courtroom Exposure Administration I . t & Surgery Regulatory & Compliance Business & Telecommunications Financing, Taxation & Bookkeeping Recruiting Time and effort regarding Providers-Large Information to evaluate Experts, Dangers, and you may Options Outlined Diligence Procedure Aligned to help you Keeping Huntington’s Aggregate Moderate-to-Low Risk Cravings

$77MM) Key Put Intangible 0.50% out-of TCF low-go out deposits Amortized having fun with share-of-age digits more 10 years] Put Divestiture Estimated deposit divestiture out-of

$450MM Other activities Other interest rate reasonable market price changes towards the ties, time-deposits, borrowings with $(45)MM shortly after-taxation feeling so you’re able to equity and you will accreted courtesy income Permanent reasonable market price improvements on the repaired assets, OREO, other assets and obligations, and you can preferred inventory having $(104)MM after-tax perception in order to security 18% energetic income tax speed to the TCF income and you can merger improvements Capitalization No change so you’re able to financial support allotment goals Outlined Purchase Presumptions Pre-tax $MM Borrowing from the bank Rate of interest Total Draw PCD Loan Mark $(520) $(8) $(528) Non-PCD Loan Draw $(339) $380 $41 Full Financing Mark $(859) $372 $(487) 20

$450MM 18% productive tax loans Smeltertown CO speed to the TCF earnings and you may merger customizations Compelling Specialist Forma Monetary Impression 10 GAAP EPS Accretion Extra Metrics >20% IRR