S.1 six Greenwich Company Financial Awards4 #1 Bank Financial Maker Kansas / Michigan5 #8 Automobile Bank Lender $19B AUM6

Work for in line with Huntington’s stand alone 2022E show metrics due to the fact implied by the IBES consensus prices

10% CET1 Proportion? Key Presumptions Driving Well worth for Shareholders that have Much time-Identity Upside 7% TBVPS Dilution 2.7yr TBVPS Earnback? $0.09 $0.sixteen $0.23 2021E 2022E Note: Select appendix for outline. ? Specialist manera estimated at closing. ? Accretion means earnback. Tangible book worthy of for every display dilution inclusive of total merger costs and CECL twice matter ($0.62) separated from the 2022E GAAP EPS accretion which have fully knew pricing synergies ($0.23). ? Technical innovation expenditures expense sustained 40% for the seasons step 1 toward relax depreciated across the after that 3 years. 2022E pre-tax feeling from $20MM.

Note: Co-worker become CFG, CMA, FHN, FITB, Trick, MTB, PNC, RF, TFC, and you may ZION

300bp Work for Provider: S&P In the world, Investment IQ, IBES Estimates; Note: Assumes on totally realized pricing synergies. Completely Know Cost Synergies 2022E ROA Clicking this new Huntington Advantage within a critical Reason for the fresh new Duration

55 % 58 % 63 % Pro Manera Peer #step one Peer #5 Fellow #8 Fellow #9 Peer #step 3 Fellow #6 Fellow #4 Fellow #eight Peer #2 Fellow #10

2x Money Government Track and you will get acquainted with your paying that assist you create and you may reach your financial desires The fresh Hub Custom Information Leveraging AI to incorporate personalized and proactive wisdom Savings Automation Fool around with AI to analyze the using activities, money, and you can after that costs to acquire currency you’re not using on your membership $150MM Incremental Tech Creativity Expenditures more step three.five years?

60% ? Influence inside the-household opportunities getting treasury management and you can capital avenues ? Unit and you will industry straight specialty accomplish alot more for people ? Business Management ranking of the eight(a) mortgage frequency. dos Monitor 100 lender-possessed equipment financing providers into the a blended foundation. step three Per Bloomberg; 2019 Us municipal underwriting manager by frequency. 4 Greenwich Couples 2019 national and Midwest honours having overall satisfaction, likelihood so you can highly recommend, and cash management. 5 Expert manera combined rank in the us off Kansas and Michigan. 6 Pro manera AUM for shared business. Strong Opportunity to Drive A lot of time-Title Increases loan places Antonito CO Supporting Much time-Name Desires to send Alternative, Through-the-Period Returns Commercial Financial Business Financial Consumer & Private Buyer #10 Municipal Underwriting3 #8 Devices Finance2 #step 1 SBA seven(a) Bank within the You.

80% writeup on mortgage collection of the stability Borrowing Diligence Method Reviewed risk construction, borrowing from the bank rules, procedures, committee material, and you may loan documents Investigations off performance fashion all over credit migration, delinquencies, and you may historic losings Commercial financing collection o Most useful credit relationship and you may exposures o Covid-19 affected markets o Money Choice, Collection Loans, or other specialization credit portfolios Personal bank loan collection o Statistical analysis all over collection avenues and you will remark off credit history examples Powerful Due diligence Procedure sixteen Diligence Appeal Areas Industrial Home Specialty Lending Industrial Financial Individual Financial Borrowing Underwriting & CECL Internal Review & Legal Chance Government Information technology & Functions Regulating & Conformity Revenue & Telecommunications Money, Tax & Bookkeeping Human resources Time and energy regarding Business-Broad Information to assess Positives, Dangers, and you can Opportunities Outlined Diligence Procedure Lined up to help you Keeping Huntington’s Aggregate Average-to-Reasonable Exposure Urges

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

$450MM Other items Almost every other interest rate fair market value alterations toward securities, time-deposits, borrowings which have $(45)MM immediately after-income tax perception to guarantee and you can accreted by way of money Long lasting fair market price modifications toward fixed assets, OREO, other property and debts, and you can preferred stock with $(104)MM just after-tax impression so you’re able to security 18% energetic income tax speed with the TCF money and you will merger changes Capitalization No alter in order to financial support allocation concerns Intricate Exchange Assumptions Pre-taxation $MM Credit Rate of interest Full Mark PCD Loan Mark $(520) $(8) $(528) Non-PCD Financing Mark $(339) $380 $41 Overall Financing Mark $(859) $372 $(487) 20

$450MM 18% active taxation rates into the TCF income and you may merger adjustments Powerful Expert Manera Economic Feeling ten GAAP EPS Accretion More Metrics >20% IRR