S.step 1 6 Greenwich Organization Financial Awards4 #step one Lender Home loan Creator Kansas / Michigan5 #8 Automobile Lender Lender $19B AUM6

Work with according to Huntington’s stand alone 2022E performance metrics while the suggested because of the IBES crucial link opinion prices

10% CET1 Proportion? Secret Assumptions Operating Value to own Investors with A lot of time-Label Upside 7% TBVPS Dilution dos.7yr TBVPS Earnback? $0.09 $0.sixteen $0.23 2021E 2022E Notice: See appendix to own outline. ? Pro manera projected during the closing. ? Accretion means earnback. Tangible book value for every express dilution including full merger expenditures and you can CECL double amount ($0.62) divided because of the 2022E GAAP EPS accretion having totally knew prices synergies ($0.23). ? Technology development financial investments expenses incurred 40% into the 12 months 1 into the others depreciated across the further step three many years. 2022E pre-income tax perception out of $20MM.

Note: Co-workers are CFG, CMA, FHN, FITB, Secret, MTB, PNC, RF, TFC, and ZION

300bp Benefit Supply: S&P International, Investment IQ, IBES Estimates; Note: Assumes on totally knew rates synergies. Totally Realized Costs Synergies 2022E ROA Clicking brand new Huntington Advantage during the a significant Reason for the latest Course

55 % 58 % 63 % Professional Manera Peer #1 Peer #5 Peer #8 Fellow #nine Fellow #3 Peer #six Fellow #cuatro Fellow #eight Fellow #2 Fellow #10

2x Currency Government Track and you may get to know the paying and help you create and reach finally your economic wants New Heart Personalized Wisdom Leveraging AI to provide individualized and you will hands-on skills Offers Automation Have fun with AI to analyze their paying activities, earnings, and you may upcoming costs to obtain currency you aren’t having fun with on your own account $150MM Progressive Tech Development Investments over step 3.five years?

60% ? Leverage inside-domestic capabilities to possess treasury government and you can investment avenues ? Equipment and you can world straight expertise to accomplish significantly more for customers ? Business Administration positions of the 7(a) loan regularity. 2 Screen 100 financial-owned equipment financing team to your a combined basis. step three For each and every Bloomberg; 2019 United states civil underwriting movie director by regularity. 4 Greenwich Associates 2019 federal and you will Midwest honors getting full satisfaction, opportunities to strongly recommend, and money management. 5 Pro forma combined rating in the usa of Ohio and you can Michigan. six Specialist manera AUM having mutual organization. Effective Chance to Push Long-Label Progress Supporting Much time-Title Specifications to send Sustainable, Through-the-Duration Output Industrial Financial Company Financial User & Personal Visitors #10 Municipal Underwriting3 #8 Devices Finance2 #step one SBA 7(a) Lender within the You.

80% report about loan profile by the stability Credit Diligence Means Examined chance construction, credit principles, actions, panel content, and financing files Investigations of efficiency styles round the credit migration, delinquencies, and you may historical loss Industrial financing portfolio o Best credit dating and you will exposures o Covid-19 influenced areas o Capital Solutions, Inventory Funds, and other specialty financing profiles Personal bank loan collection o Analytical research all over profile segments and you can feedback off credit history trials Powerful Due diligence Techniques sixteen Diligence Attract Portion Industrial A home Specialization Financing Commercial Financial Consumer Banking Borrowing Underwriting & CECL Internal Audit & Legal Exposure Government Information technology & Businesses Regulating & Conformity Deals & Correspondence Loans, Tax & Bookkeeping Hr Persistence off Company-Wide Info to evaluate Benefits, Dangers, and you can Options Intricate Diligence Procedure Aimed so you can Maintaining Huntington’s Aggregate Modest-to-Lowest Chance Cravings

$77MM) Center Put Intangible 0.50% out of TCF low-go out deposits Amortized using contribution-of-age digits over a decade] Deposit Divestiture Projected put divestiture away from

$450MM Other items Other interest fair market value alterations towards the bonds, time-deposits, borrowings which have $(45)MM immediately after-income tax effect in order to guarantee and accreted as a result of earnings Permanent fair market price improvements toward fixed property, OREO, most other assets and you will obligations, and you can popular stock with $(104)MM after-taxation effect to collateral 18% energetic taxation price into TCF income and you may merger modifications Capitalization Zero alter in order to financing allotment concerns Detail by detail Deal Presumptions Pre-taxation $MM Borrowing from the bank Interest Total Mark PCD Financing Mark $(520) $(8) $(528) Non-PCD Mortgage Draw $(339) $380 $41 Full Loan Mark $(859) $372 $(487) 20

$450MM 18% energetic taxation rates on the TCF earnings and you can merger customizations Powerful Pro Manera Economic Feeling 10 GAAP EPS Accretion Extra Metrics >20% IRR