S.1 six Greenwich Company Banking Awards4 #step 1 Lender Mortgage Maker Ohio / Michigan5 #8 Auto Financial Lender $19B AUM6

Work for in accordance with Huntington’s stand alone 2022E abilities metrics given that designed from the IBES opinion quotes

10% CET1 Ratio? Secret Presumptions Riding Value to own Investors that have A lot of time-Title Upside seven% TBVPS Dilution 2.7yr TBVPS Earnback? $0.09 $0.16 $0.23 2021E 2022E Notice: Find appendix getting outline. ? Pro forma estimated at the closure. ? Accretion means earnback. Tangible publication well worth for each and every display dilution including full merger costs and you may CECL twice count ($0.62) split from the 2022E GAAP EPS accretion that have totally understood rates synergies ($0.23). ? Technical invention assets expenses obtain 40% in season step 1 on relax depreciated along the then step three years. 2022E pre-tax impact away from $20MM.

Note: Co-workers is CFG, CMA, FHN, FITB, Key, MTB, PNC, RF, TFC, and you can ZION

300bp Work with Origin: S&P Global, Capital IQ, IBES Estimates; Note: Takes on totally understood rates synergies. Totally Understood Prices Synergies 2022E ROA Pressing new Huntington Advantage during the a life threatening Part of the brand new Years

55 % 58 % 63 % Expert Forma Fellow #step one Fellow #5 Fellow #8 Peer #9 Fellow #3 Peer #6 Fellow #cuatro Fellow #eight Peer #dos Fellow #ten

2x Money Management Song and you can get acquainted with the spending and help your do and you will achieve your economic desires The latest Heart Custom Wisdom Leverage AI to incorporate custom and you may hands-on insights Offers Automation Fool around with AI to research your own purchasing activities, earnings, and up coming costs locate money you are not having fun with on your membership $150MM Progressive Technology Advancement Expenditures more than step 3.5 years?

60% ? Leverage into the-household opportunities to own treasury management and you can investment areas ? Device and you can industry straight specialization accomplish a lot more having customers ? Small company Government positions by 7(a) financing regularity. dos Screen 100 financial-owned equipment funds organization into the a combined foundation. step three For every single Bloomberg; 2019 You municipal underwriting manager because of the frequency. 4 Greenwich Couples 2019 federal and Midwest honours for complete pleasure, chances so you can suggest, and money administration. 5 Expert manera joint review in the states from Ohio and you will Michigan. 6 Pro forma AUM for mutual providers. Powerful Possibility to Push A lot of time-Term Development Supporting A lot of time-Identity Desires to deliver Renewable, Through-the-Course Efficiency Commercial Financial Team Financial User & Private Buyer #ten Municipal Underwriting3 #8 Devices Finance2 #1 SBA seven(a) Bank when you look at the U.

80% post on financing profile because of the stability Credit Diligence Approach Analyzed risk framework, borrowing guidelines, strategies, committee product, and loan data Review out of overall performance trend all over borrowing migration, delinquencies, and you can historical losses Industrial mortgage portfolio o Best lending relationship and you may exposures o Covid-19 influenced areas o Financing Choice, Directory Funds, or other specialty financing portfolios Unsecured loan portfolio o Statistical data across profile markets and comment out-of credit file trials Sturdy Due diligence Procedure 16 Diligence Focus Portion Industrial A residential property Specialty Credit Commercial Banking User Banking Credit Underwriting & CECL Internal Review & Court Exposure Government I . t & Procedures Regulatory & Conformity Purchases & Communication Fund, Tax & Accounting Human resources Persistence off Organization-Wide Resources to assess Advantages, Threats, and you will Solutions Detail by detail Diligence Techniques Lined up so you can Keeping Huntington’s Aggregate Moderate-to-Lowest Exposure Appetite

$77MM) Center Deposit Intangible 0.50% out of TCF low-date dumps Amortized playing with share-of-decades digits more than ten years] Deposit Divestiture Estimated deposit divestiture away from

$450MM Other stuff Other interest rate fair market value adjustments on securities, time-deposits, borrowings having $(45)MM immediately following-tax perception so you can guarantee and you may accreted using earnings Permanent fair market price customizations with the fixed assets, OREO, other assets and you can debts, and you can prominent stock that have $(104)MM just after-tax effect in order to security 18% energetic taxation price towards TCF income and you can merger changes Capitalization Zero alter in order to capital allowance concerns Outlined Deal Assumptions Pre-taxation $MM Borrowing from the bank Interest Complete Draw PCD loan places Winter Park Mortgage Mark $(520) $(8) $(528) Non-PCD Financing Mark $(339) $380 $41 Full Financing Mark $(859) $372 $(487) 20

$450MM 18% active taxation speed on the TCF income and you can merger modifications Powerful Pro Manera Monetary Effect ten GAAP EPS Accretion A lot more Metrics >20% IRR