Ahead of the Curve ANNUAL SHAREHOLDERS MEETING 2017
|
|
- Mervin Lucas
- 6 years ago
- Views:
Transcription
1 Ahead of the Curve ANNUAL SHAREHOLDERS MEETING 2017
2 Forward Looking Statements And Non GAAP Financial Measures To the extent that statements in this PowerPoint presentation relate to future plans, objectives, financial results or performance of IBERIABANK Corporation, these statements are deemed to be forward looking statements within the meaning of the Private Securities Litigation Reform Act of Such statements, which are based on management s current information, estimates and assumptions and the current economic environment, are generally identified by the use of the words plan, believe, expect, intend, anticipate, estimate, project or similar expressions. The Company s actual strategies, results and financial condition in future periods may differ materially from those currently expected due to various risks and uncertainties. Forward looking statements are subject to numerous assumptions, risks and uncertainties that change over time and could cause actual results or financial condition to differ materially from those expressed in or implied by such statements. Consequently, no forward looking statement can be guaranteed.except to the extent required by applicable law or regulation, the Company undertakes no obligation to revise or update publicly any forward looking statement for any reason. This PowerPoint presentation contains financial information determined by methods other than in accordance with GAAP. The Company s management uses these non GAAP financial measures in their analysis of the Company s performance. These measures typically adjust GAAP performance measures to exclude the effects of the amortization of intangibles and include the tax benefit associated with revenue items that are tax exempt, as well as adjust income available to common shareholders for certain significant activities or transactions that in management s opinion can distort period to period comparisons of the Company s performance. Since the presentation of these GAAP performance measures and their impact differ between companies, management believes presentations of these non GAAP financial measures provide useful supplemental information that is essential to a proper understanding of the operating results of the Company s core businesses. These non GAAP disclosures should not be viewed as a substitute for operating results determined in accordance with GAAP, nor are they necessarily comparable to non GAAP performance measures that may be presented by other companies. Reconciliations of GAAP to non GAAP disclosures are included as tables in the Company s press release dated April 27, 2017 and Annual Report on Form 10 K forthefiscalyearendeddecember31, Refer to the supplemental tables in the press release and Annual Report for these reconciliations. 2
3 OVERVIEW Ahead of the Curve Our Unique And Diversified Business Model AStoryOfPerformance Gaining Scale Through Client Growth Focusing On Our Shareholders 3
4 Our Mission Statement Provide Exceptional Value Based Client Service Great Place To Work Growth That Is Consistent With High Performance Shareholder Focused Strong Sense Of Community 4
5 Evolving Banking Industry Continuing consolidation of the banking industry Greater competition from nonbanks in certain segments Higher short term rates Regulatory environment continues to evolve Potential impact of technological advancements Number of Banks 15,000 14,000 13,000 12,000 11,000 10,000 9,000 8,000 7,000 6,000 14,496 Impact of FinTech providers Changing client preferences 5,000 4,000 5,
6 Changing Client Preferences To meet clients changing interests, we offer a convenient and efficient branch system and electronic delivery and communication channels Since 2012: Our number of transactions has increased by 5.3 million, up 57% Automated transactions ( ACH ), remote, and mobile transactions are the fastest growing channels Teller usage has declined from 41% to 30% of transactions 6
7 Priorities For 2017 Grow Our Client Base In A High Quality Manner Complete Sabadell United Acquisition Convert, and Integrate Their Branch And Operating Systems Continue To Enhance Our Operating Efficiency Improve Our Core Profitability 7
8 Our Unique And Diversified Business Model 8
9 Geographic Diversification We serve clients in 32 MSAs Serve 15 of the top 28 markets in the Southeast Serve all top 5 markets Diversification through uncorrelated markets 9 Our differentiation includes: Market centric approach High quality, experienced, and successful banking talent Differentiated strategy and deposit pricing by market Branch lite distribution Multiple growth engines Fee income businesses
10 Growing Fee Income Businesses Mortgage Lending And Servicing Originated and sold $2.5 billion loans in 2016 Retained $1.1 billion in loans serviced for clients $84 million in mortgage income, up 4% Title Insurance Title transactions up 5% (record level) $22 million in revenue (second highest) 10 18% increase in clients Fee income up 28% Treasury Management Client Derivatives/Hedging Record 103 client transactions in 18 markets Annual revenues more than doubled Wealth Management Assets under administration grew 93% to $2.7 billion Record level of annual revenues and net income
11 Multiple Growth Engines We invested heavily in new businesses and markets Diverse markets and multiple sources of revenue Strong client growth in recent acquisition markets Atlanta, Orlando, Tampa, and Dallas $589 million in loan growth in 2016 (80% of total) $508 million in deposit growth in 2016 (41% of growth) In 2016, we entered the vibrant Greenville market in Upstate South Carolina Greenville, South Carolina 10 county area with population of 1.4 million people One of the nation s top markets for economic growth Sam Erwin joined as South Carolina Regional President in December 2016 Our first full service office opened in Spring
12 Community Focus Provided assistance to associates, clients, and communities impacted by August 2016 flooding Innovative investment in New Orleansbased Liberty Financial Services, one of the nation s largest African Americanowned banks Sponsored the National Community Reinvestment Coalition s Annual Conference, one of the largest gatherings of community non profits, policymakers, government officials, small businesses, and academia, all coming together to create a just economy Invested $60 million in various community development projects 12
13 A Story Of Performance 13
14 The Numbers At Year End 2016 Size Strength Financials Distribution People Total Assets $21.7 Billion Up $2.2 Billion, or 11% Market Cap. $3.8 Billion Up $1.5 Billion, or 66% Shareholders Equity $2.9 Billion Up $441 Million, or 18% Cash Equiv. & Securities $4.9 Billion Up $1.5 Billion, or 44% Total Revenues $883 Million Up $75 Million, or 9% Net Income To Common $179 Million Up $36 Million, or 25% Total Locations 300 Down 19, or 6% Bank Branches 200 Down 19, or 9% Associates (FTE) 3,100 Down 51, or 2% Advisory Boards 218 Members No Change 14
15 Taking Proactive Steps We believe it is very important to stay ahead of the curve in risk management We were very active in reducing our exposures to energy, indirect automobile, and tightening our credit standards in other areas of concern During 2016, we reduced our energy related loans by $120 million, or 18%, declining to 3.7% of total loans by year end We also reduced our indirect automobile loans by $115 million, or 47% during the year In aggregate since year end 2014: Cumulative decline in risk off loans was $797 million Estimated opportunity cost of $15 million in 2016 While costly in then near term, we believe these prudent steps provided appropriate long term benefit to our shareholders 15
16 Improved Efficiency Revenue growth has been significantly greater than expense growth Very active in branch closures and staff efficiency Particularly this past year: Revenues up $75 million, or 9% Expenses down $4 million, or <1% Total assets were up 11% and staffing declined 2% Closed/consolidated 19 bank branches and eight mortgage locations We achieved our long term core tangible efficiency target of 60% 16
17 Enhanced Profitability Earnings up $36 million, or 25%, compared to 2015 Earnings per common share up 17% Second highest annual EPS results Core earnings up $22 million, or 14%, compared to 2015 Core earnings per common share up 6% Record annual core EPS results 17
18 Gaining Scale 18
19 Acquisitions Over the last four years: Completed five live bank acquisitions plus Memphis branches Acquired $3.3 billion in loans and $3.8 billion in deposits Acquired 62 bank branches, and closed or consolidated 60 bank branches Efficiency gains were aprimary focus in 2016 We were one of the most active acquirers and branch consolidators during this period On a pro forma basis, we will be the 40 th largest bank holding company in the U.S. 19
20 Sabadell United Acquisition (Pending) Our largest acquisition to date, equal to 21% of our pro forma size Announced on February 28, 2017 with anticipated closing in the second half of 2017 Subsidiary of Banco de Sabadell, S.A. $5.8 billion in total assets with 40,000 Florida clients 25 offices in Florida, including 23 in the Miami MSA Total purchase price of $1 billion Significant cost savings opportunities Projected favorable financial impact 20
21 Client Growth Loans and Deposits Year end loan growth of $738 million, up 5% Year end deposit growth of $1.2 billion, up 8% Notes: Other market includes Mortgage, Lenders Title, Credit Card, and Other. Pro Forma includes Sabadell United Bank, based on total loans and deposits at December 31,
22 Asset Quality Asset quality remains a hallmark of our Company Energy related concerns crested in the second half of 2016 % 3.00% 2.50% 2.00% 2.59% Non Performing Assets (As a % of Total Assets) IBKC IBKC Excluding Energy Peer Average ($10 $30 Billion BHCs) Non energy related asset quality remained strong throughout 1.50% % 1.00% 1.55% 1.00% 0.50% 0.49% 0.00% 22
23 Capital Strength In May 2016: Board authorized a new common stock repurchase program for 950,000 shares Issued preferred stock with net proceeds of $55 million In December 2016: Issued common stock with net proceeds of $279 million Issued at $81.50 per common share (31% above 2016 average trading price) In March 2017: Issued common stock with net proceeds of $485 million Issued at $83.00 per common share During 2016, our common stock market capitalization grew $1.5 billion, or 66% 18.00% 17.00% 16.00% 15.00% 14.00% 13.00% 12.00% 11.00% 10.00% 9.00% 8.00% Capital Ratio Trends Equity to Assets Tier 1 Leverage Tier 1 Risk Based Total Risk Based /31/17 23
24 Focusing On Our Shareholders 24
25 Near Term Shareholder Returns We experience enhanced liquidity and higher trading levels in our common stock Our average daily trading value in our common stock increased 48% compared to 2015 During 2016, our common stock: Achieved an all time high of $91.10 per share in early December 2016 Ended the year at $83.75 per common share Gained $28.68 per share, or 52% compared to year end
26 Long Term Shareholder Returns Strategic direction changed 17 years ago Focused on lowering risk posture and improving total return to shareholders Between year ends 1999 and 2016: Our common stock price improved 661% Total return to shareholders (including the reinvestment of cash dividends) was 1,051% Compounded annual return of 15% We outperformed nearly all of our peers (BHCs with $10 30 billion in total assets) Importantly, these results also significantly outperformed broader market indexes and well known investment alternatives 26
27 No great thing is created suddenly. c Epictetus, Roman Philosopher, c
28 28
2020 Strategic Goals. S u s t a i n a b l e, P r o f i t a b l e G r o w t h
2020 Strategic Goals S u s t a i n a b l e, P r o f i t a b l e G r o w t h 2 0 1 8 Forward-Looking Statements And Non-GAAP Financial Measures To the extent that statements in this PowerPoint presentation
More informationAhead of the Curve. 3 Q 1 7 E a r n i n g s C o n f e r e n c e C a l l S u p p l e m e n t a l P r e s e n t a t i o n. O c t o b e r 1 9,
Ahead of the Curve 3 Q 1 7 E a r n i n g s C o n f e r e n c e C a l l S u p p l e m e n t a l P r e s e n t a t i o n O c t o b e r 1 9, 2 0 1 7 Safe Harbor And Non-GAAP Financial Measures Safe Harbor
More informationfocused 1Q17 Earnings Conference Call Supplemental Presentation April 27, 2017
focused 1Q17 Earnings Conference Call Supplemental Presentation April 27, 2017 Safe Harbor And Non-GAAP Financial Measures Safe Harbor To the extent that statements in this PowerPoint presentation relate
More informationfocused Investor Presentation November 2016
focused Investor Presentation November 2016 Safe Harbor And Non-GAAP Financial Measures Safe Harbor To the extent that statements in this PowerPoint presentation relate to future plans, objectives, financial
More informationValley National Bancorp to Acquire Florida s 1 st United Bancorp
Valley National Bancorp to Acquire Florida s 1 st United Bancorp Expansion into Florida s Desirable Urban Banking Markets Forward Looking Statements The foregoing contains forward-looking statements within
More informationANNUAL REPORT Ahead of the Curve
ANNUAL REPORT 2016 Ahead of the Curve FINANCIAL HIGHLIGHTS For the Year Ending December 31, (Dollars in thousands, except per share data) INCOME DATA Net Interest Income Net Interest Income (TE) (1) Net
More information2015 Investor Day Regional Banking Group John Owen November 19, 2015
2015 Investor Day Regional Banking Group John Owen November 19, 2015 Regional Banking Group overview Consumer Services Group Retail Small Business Mortgage Indirect Lending Wealth Management Group Private
More informationUnited Community Banks, Inc. Announces Second Quarter Earnings
July 27, 2016 United Community Banks, Inc. Announces Second Quarter Earnings Diluted earnings per share of 35 cents, up 25 percent from second quarter 2015 Excluding merger-related charges, diluted operating
More informationTD Bank Financial Group Delivers Strong 2004 Results Through Focused Strategies and Disciplined Approach To Capital
4th Quarter 2004 News Release Twelve months ended October 31, 2004 TD Bank Financial Group Delivers Strong 2004 Results Through Focused Strategies and Disciplined Approach To Capital ANNUAL HIGHLIGHTS
More informationOpening Remarks. Tim Sloan Chief Executive Officer and President. May 10, Wells Fargo & Company. All rights reserved.
Opening Remarks Tim Sloan Chief Executive Officer and President May 10, 2018 2018 Wells Fargo & Company. All rights reserved. Wells Fargo Vision We want to satisfy our customers financial needs and help
More information2017 Annual Meeting of Shareholders May 22, 2017
2017 Annual Meeting of Shareholders May 22, 2017 Safe harbor statement When used in filings by LegacyTexas Financial Group, Inc. (the "Company ) with the Securities and Exchange Commission (the SEC ),
More information2017 GOLDMAN SACHS US FINANCIAL SERVICES CONFERENCE William H. Rogers Jr., Chairman & Chief Executive Officer
2017 GOLDMAN SACHS US FINANCIAL SERVICES CONFERENCE William H. Rogers Jr., Chairman & Chief Executive Officer December 6, 2017 2017 SunTrust Banks, Inc. SunTrust is a federally registered trademark of
More information2015 Investor Day Building Sustainable Franchise Value Grayson Hall November 19, 2015
2015 Investor Day Building Sustainable Franchise Value Grayson Hall November 19, 2015 Our banking franchise Regions aims to be the premier regional financial institution in America Branch Locations by
More informationTD Bank Financial Group Delivers Strong Fourth Quarter and Fiscal 2005 Results
TD B ANK FIN ANCIAL GR OUP FOURTH QUARTER NEWS REL EAS E 2 005 Page 1 4th Quarter 2005 News Release Twelve months ended October 31, 2005 TD Bank Financial Group Delivers Strong Fourth Quarter and Fiscal
More information2018 Annual Meeting. April 26, 2018
2018 Annual Meeting April 26, 2018 Our vision and credo guide us: The destination Colleagues Mission To help our customers, colleagues and communities reach their potential Regulators Customers Investors
More informationNASDAQ: FISI. 7th Annual Credit Suisse Small & Mid Cap Conference September 15, 2016
NASDAQ: FISI 7th Annual Credit Suisse Small & Mid Cap Conference September 15, 2016 NASDAQ: FISI Martin K. Birmingham President & CEO Kevin B. Klotzbach CFO & Treasurer Safe Harbor Statement Statements
More informationFINANCIAL COMMUNITY PRESENTATION
FINANCIAL COMMUNITY PRESENTATION FEBRUARY 2017 DISCLAIMER Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform
More informationBank of America. Growing From Strength. Ken Lewis Chairman & Chief Executive Officer. Citigroup Investor Conference January 29, 2008
Bank of America Growing From Strength Ken Lewis Chairman & Chief Executive Officer Citigroup Investor Conference January 29, 2008 Forward Looking Statements This presentation contains forward-looking statements,
More informationCitizens Financial Group, Inc., Reports Fourth Quarter Net Income of $221 Million, or $0.42 Diluted EPS
, Reports Fourth Quarter Net Income of $221 Million, or $0.42 Diluted EPS 2015 Net Income of $840 Million, or $1.55 Diluted EPS 2015 Adjusted net income available to common stockholders*, excluding net
More informationPeople s United Financial Reports First Quarter Net Income of $114.6 Million, or $0.30 per Common Share
People s United Financial Reports First Quarter Net Income of $114.6 Million, or $0.30 per Common Share Operating Earnings of $0.33 per Common Share Announces Increase in the Common Dividend to an Annual
More informationLPL Financial. Purchase of National Planning Holdings, Inc. August 15, Member FINRA/SIPC
LPL Financial Purchase of National Planning Holdings, Inc. August 15, 2017 Member FINRA/SIPC Notice to Investors: Safe Harbor Statement Statements in this presentation regarding LPL Financial Holdings
More informationF.N.B. Corporation Reports Third Quarter 2016 Earnings
Press Release F.N.B. Corporation Reports Third Quarter 2016 Earnings PITTSBURGH, PA - October 19, 2016 F.N.B. Corporation (NYSE: FNB) reported earnings for the third quarter of 2016 with net income available
More informationL. Phillip Humann Chairman, President and CEO. Goldman Sachs 15th Annual Bank CEO Conference
L. Phillip Humann Chairman, President and CEO Goldman Sachs 15th Annual Bank CEO Conference December 2004 This presentation contains forward-looking statements within the meaning of the Private Securities
More informationExpanding retail banking in higher growth markets
Royal Bank of Canada (RY) to acquire Centura Banks, Inc. () Expanding retail banking in higher growth markets Highlights for the investment community January 26, 2001 This presentation contains forward-looking
More informationBank of America Growing Relationships
Bank of America Growing Relationships Liam McGee President Global Consumer & Small Business Banking UBS Financial Services Conference May 16, 2006 Forward Looking Statements This presentation contains
More informationCredit Suisse Financial Services Forum
Credit Suisse Financial Services Forum John Shrewsberry Chief Financial Officer February 9, 2016 2016 Wells Fargo & Company. All rights reserved. Wells Fargo Vision We want to satisfy our customers financial
More informationFOURTH QUARTER 2014 EARNINGS RELEASE
FOURTH QUARTER 2014 EARNINGS RELEASE ROYAL BANK OF CANADA REPORTS FOURTH QUARTER AND RECORD 2014 RESULTS All amounts are in Canadian dollars and are based on our audited Annual and unaudited Interim Consolidated
More informationF.N.B. Corporation Reports Fourth Quarter and Full Year 2016 Earnings
Press Release F.N.B. Corporation Reports Fourth Quarter and Full Year 2016 Earnings PITTSBURGH, PA - January 18, 2017 F.N.B. Corporation (NYSE: FNB) reported earnings for the fourth quarter of 2016 with
More informationContinued Rapid Growth for Tennessee s Premier Financial Services Franchise. Terry Turner, President and CEO Harold Carpenter, CFO March 2009
Continued Rapid Growth for Tennessee s Premier Financial Services Franchise Terry Turner, President and CEO Harold Carpenter, CFO March 2009 Safe Harbor Statements Forward-looking statements Pinnacle Financial
More informationKBW Community Bank Investor Conference August 1, 2017
KBW Community Bank Investor Conference August 1, 2017 Positioning for Organic Growth and Selective Acquisitions Forward Looking Statements This presentation has been prepared by Fidelity Southern Corporation
More informationAlly Financial Reports Second Quarter 2018 Financial Results
Ally Financial Inc. NYSE: ALLY www.ally.com/about News release: IMMEDIATE RELEASE Ally Financial Reports Second Quarter 2018 Financial Results Net Income of $349 million, $0.81 EPS, $0.83 Adjusted EPS
More informationSecond Quarter 2017 Reconciliation of Non-GAAP Financial Measures
Second Quarter 2017 Reconciliation of Non-GAAP Financial Measures Adjusted Operating Income Reconciliation Adjusted operating income is not a measure of financial performance under generally accepted accounting
More informationFourth Quarter and Full Year 2017 Investor Presentation. January 24, 2018
Fourth Quarter and Full Year 2017 Investor Presentation January 24, 2018 FOURTH QUARTER AND FY 2017 Safe harbor statement When used in filings by LegacyTexas Financial Group, Inc. (the "Company ) with
More informationList Underwood (205) (205) Regions Reports Third Quarter Net Income of $285 million Supported by Continued Loan Growth
Media Contact: Investor Relations Contact: Evelyn Mitchell List Underwood (205) 264-4551 (205) 801-0265 Regions Reports Third Quarter Net Income of $285 million Supported by Continued Loan Growth Highlights:
More information1Q19 Financial Results. April 18, 2019
1Q19 Financial Results April 18, 2019 Forward-looking statements and use of key performance metrics and non-gaap financial measures This document contains forward-looking statements within the meaning
More informationBank of America. Growing From Strength. Ken Lewis Chairman & Chief Executive Officer. Goldman Sachs December 12, 2007
Bank of America Growing From Strength Ken Lewis Chairman & Chief Executive Officer Goldman Sachs December 12, 2007 Forward Looking Statements This presentation contains forward-looking statements, including
More informationBank of America Acquires LaSalle Bank
Bank of America Acquires LaSalle Bank Ken Lewis Chairman, CEO and President Joe Price Chief Financial Officer Liam McGee President - Global Consumer & Small Business Banking David Darnell President - Commercial
More informationSUPPLEMENTAL FINANCIAL INFORMATION
SUPPLEMENTAL FINANCIAL INFORMATION For the Quarter Ended July 31, 2005 Investor Relations Department for further information contact: Scott Lamb Kelly Milroy (416) 982-5075 (416) 944-5422 www.td.com/investor
More informationNASDAQ: FISI. Sandler O Neill East Coast Financial Services Conference November 17, 2016
NASDAQ: FISI Sandler O Neill East Coast Financial Services Conference November 17, 2016 NASDAQ: FISI Martin K. Birmingham President & CEO Kevin B. Klotzbach CFO & Treasurer Safe Harbor Statement Statements
More information3Q18 Financial Results. October 19, 2018
3Q18 Financial Results October 19, 2018 Forward-looking statements and use of key performance metrics and non-gaap financial measures This document contains forward-looking statements within the Private
More informationPerformance Highlights
Hanover Bancorp, Inc. Reports Calendar Third 2016 Results Highlighted by Record Operating and Cash Earnings, Solid Loan Growth, and Exceptional Asset Quality Performance Highlights Record Operating and
More informationPeople s United Financial Reports Fourth Quarter Net Income of $132.9 Million, or $0.35 per Common Share
People s United Financial Reports Fourth Quarter Net Income of $132.9 Million, or $0.35 per Common Share Operating Earnings of $0.36 per Common Share Announced the acquisition of BSB Bancorp and acquired
More informationIBERIABANK Corporation Acquisition of Sabadell United Bank, N.A. February 28, 2017
IBERIABANK Corporation Acquisition of Sabadell United Bank, N.A. February 28, 2017 Safe Harbor Safe Harbor To the extent that statements in this investor presentation relate to future plans, projections,
More informationFORWARD LOOKING STATEMENTS
FORWARD LOOKING STATEMENTS This presentation and other communications by Bank of the Ozarks (the Bank ) include certain forwardlooking statements regarding the Bank s plans, expectations, thoughts, beliefs,
More informationFORM 8-K. SunTrust Banks, Inc.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event
More informationFifth Third Announces Fourth Quarter 2018 Results
Fifth Third Announces Fourth Quarter 2018 Results Diluted earnings per share of $0.64, including a negative $0.05 impact from certain items on page 2 Key Financial Data $ millions for all balance sheet
More informationFinancial and Operating Results. Second Quarter and First Half 2016
Financial and Operating Results Second Quarter and First Half 2016 August 2016 Safe Harbor Statement Forward Looking Statements In addition to historical information, this earnings presentation contains
More informationBank of America Fourth Quarter 2006 Results
Bank of America Fourth Quarter 2006 Results Ken Lewis Chairman, CEO and President Joe Price Chief Financial Officer January 23, 2007 Forward Looking Statements This presentation contains forward-looking
More informationALERUS FINANCIAL CORPORATION REPORTS SECOND QUARTER 2018 RESULTS OF $5.6 MILLION NET INCOME
Katie A. Lorenson, Chief Financial Officer 952.417.3725 (Office) FOR RELEASE (07.25.2018 16:00) ALERUS FINANCIAL CORPORATION REPORTS SECOND QUARTER 2018 RESULTS OF $5.6 MILLION NET INCOME GRAND FORKS,
More informationBancAnalysts Association of Boston Conference Presentation. November 9, 2018
BancAnalysts Association of Boston Conference Presentation November 9, 2018 Disclaimer This presentation contains forward- looking statements within the meaning of the Private Securities Litigation Reform
More informationAlly Financial Reports First Quarter 2018 Financial Results
Ally Financial Inc. NYSE: ALLY www.ally.com/about News release: IMMEDIATE RELEASE Ally Financial Reports First Quarter 2018 Financial Results Net Income of $250 million, $0.57 EPS, $0.68 Adjusted EPS 1
More informationFIFTH THIRD ANNOUNCES SECOND QUARTER 2018 NET INCOME TO COMMON SHAREHOLDERS OF $563 MILLION, OR $0.80 PER DILUTED SHARE
CONTACTS: Sameer Gokhale (Investors) News Release (513) 534-2219 Larry Magnesen (Media) FOR IMMEDIATE RELEASE (513) 534-8055 July 19, 2018 FIFTH THIRD ANNOUNCES SECOND QUARTER 2018 NET INCOME TO COMMON
More informationQuarterly Financial Supplement 3Q 2017
Quarterly Financial Supplement 3Q 2017 Page # Consolidated Financial Summary... 1 Consolidated Income Statement Information... 2 Consolidated Financial Information and Statistical Data... 3 Consolidated
More informationGoldman Sachs U.S. Financial Services Conference
Goldman Sachs U.S. Financial Services Conference Tayfun Tuzun Executive Vice President & Chief Financial Officer December 11, 2013 Please refer to earnings release dated October 17, 2013 and 10-Q dated
More informationCVS HEALTH/AETNA INVESTOR CALL SCRIPT
MIKE McGUIRE, CVS HEALTH IRO Good morning, everyone. Thanks so much for joining us this morning to hear about the definitive merger agreement we announced yesterday to acquire Aetna, one of the nation
More informationNote: All figures in US$ unless otherwise noted. TD Bank Group to acquire Chrysler Financial
Note: All figures in US$ unless otherwise noted. TD Bank Group to acquire Chrysler Financial TD to gain North American organic growth platform Transaction gives TD access to top talent, systems and technology
More informationSecond Quarter 2017 Report to Shareholders
Second Quarter 2017 Report to Shareholders BMO Financial Group Reports Net Income of $1.25 Billion for Second Quarter of 2017 Financial Results Highlights: Second Quarter 2017 Compared with Second Quarter
More informationALERUS FINANCIAL CORPORATION REPORTS SECOND QUARTER 2015 RESULTS CONTINUED STRONG FINANCIAL PERFORMANCE - $5.4 MILLION SECOND QUARTER 2015
NEWS RELEASE Dan Cheever, Interim Chief Financial Officer 701.795.3412 (desk) For Release (07.17.2015 16:00) ALERUS FINANCIAL CORPORATION REPORTS SECOND QUARTER 2015 RESULTS CONTINUED STRONG FINANCIAL
More informationFourth Quarter and Full Year 2016 Investor Presentation. January 25, 2017
Fourth Quarter and Full Year 2016 Investor Presentation January 25, 2017 FOURTH QUARTER AND FY 2016 Safe harbor statement When used in filings by LegacyTexas Financial Group, Inc. (the "Company ) with
More informationState Bank Corp. Earnings Grow to $700,000, or $0.12 per Diluted Share, in First Quarter 2016
Contact: Brian M. Riley, President & CEO Craig Wenner, EVP & CFO 928 855 0000 www.mohavestbank.com NEWS RELEASE State Bank Corp. Earnings Grow to $700,000, or $0.12 per Diluted Share, in First Quarter
More informationWEBSTER REPORTS 2016 FOURTH QUARTER EARNINGS
Media Contact Investor Contact Sarah Barr, 203-578-2287 Terry Mangan, 203-578-2318 sbarr@websterbank.com tmangan@websterbank.com WEBSTER REPORTS FOURTH QUARTER EARNINGS WATERBURY, Conn., January 19, 2017
More informationCredit Suisse Financial Services Forum. Tim Sloan Chief Financial Officer
Credit Suisse Financial Services Forum Tim Sloan Chief Financial Officer February 12, 2014 Wells Fargo vision Wells Fargo Vision We want to satisfy all our customers financial needs and help them succeed
More informationAcquisition of GulfShore Bank November 4, 2016
Acquisition of GulfShore Bank November 4, 2016 Cautionary Notice Regarding Forward-Looking Statements This presentation contains "forward-looking statements" within the meaning of Section 27A of the Securities
More informationFull Year 2017 MEMBER FDIC
Full Year 2017 MEMBER FDIC Forward Looking Statement and Risk Factors This presentation contains or incorporates statements that we believe are forward-looking statements within the meaning of the Private
More information1Q18 Financial Results. April 20, 2018
1Q18 Financial Results April 20, 2018 Forward-looking statements and use of key performance metrics and non-gaap financial measures This document contains forward-looking statements within the Private
More informationOur Transformation Continues Sidoti NDR May 29-30, 2018
Our Transformation Continues Sidoti NDR May 29-30, 2018 Disclosure Regarding Forward-Looking Statements Forward-Looking Statements and Factors That May Affect Future Results: Throughout this presentation,
More informationContact: Brian Beades
Contact: Brian Beades 212-810-5596 invrel@blackrock.com BlackRock Reports Diluted EPS of $1.28 Including Charges of $0.25 Associated with Merrill Lynch Investment Managers Merger Assets Under Management
More informationMorgan Stanley Reports Fourth Quarter and Full Year 2017
Subsequent to the release of Morgan Stanley s fourth quarter earnings on January 18, 2018, the Firm s results have been updated to reflect the latest financial figures reported in the Firm s Annual Report
More information2016 Goldman Sachs Financial Services Conference William H. Rogers Jr., Chairman and Chief Executive Officer, SunTrust Banks, Inc.
2016 Goldman Sachs Financial Services Conference William H. Rogers Jr., Chairman and Chief Executive Officer, SunTrust Banks, Inc. December 6, 2016 Important Cautionary Statement The following should be
More informationSecond Quarter 2017 Earnings Conference Call. July 21, 2017
Second Quarter 2017 Earnings Conference Call July 21, 2017 WBS 2Q17 Earnings Highlights ($ in millions, except EPS data) $50.6 $48.4 $0.53 ROACE: 8.31% 9.43% 9.63% ROATCE: Net Income $59.5 $57.3 $0.62
More informationRoyal Bank of Canada (RY) to acquire Admiralty Bancorp, Inc. (NASDAQ: AAAB)
Royal Bank of Canada (RY) to acquire Admiralty Bancorp, Inc. (NASDAQ: AAAB) Expanding in attractive, high-growth Florida market August 29, 2002 Caution regarding forward-looking statements This presentation
More informationFORM 8-K. BANCORPSOUTH, INC. (Exact name of registrant as specified in its charter)
FEDERAL DEPOSIT INSURANCE CORPORATION WASHINGTON, DC 20429 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of report (Date of earliest event reported):
More informationCitizens Financial Group, Inc. Reports First Quarter Net Income of $388 Million and Diluted EPS of $0.78
Reports First Quarter Net Income of $388 Million and Diluted EPS of $0.78 ROTCE of 11.7%, up 203 bps with Underlying ROTCE up 273 bps year over year* First quarter 2018 net income up 21% and diluted EPS
More informationIncorporating M&A into the Strategic Planning Process
Incorporating M&A into the Strategic Planning Process Western Independent Bankers Education Summit & Expo San Diego September 22, 2015 9:15 10:15 a.m. Gerry Smith Managing Director, Western Region. PRESENTER
More informationGreat Western Bancorp, Inc. Announces Fiscal Year 2015 Second Quarter Financial Results
Great Western Bancorp, Inc. Announces Fiscal Year 2015 Second Quarter Financial Results Financial Highlights Second quarter net income was $19.7 million, or $0.34 per share, bringing fiscal year-to-date
More informationINVESTOR PRESENTATION FOR THE YEAR ENDED DECEMBER 31, 2017
INVESTOR PRESENTATION FOR THE YEAR ENDED DECEMBER 31, 2017 2 SAFE HARBOR STATEMENT THIS PRESENTATION CONTAINS FORWARD LOOKING STATEMENTS WITHIN THE MEANING OF THE PRIVATE SECURITIES LITIGATION REFORM ACT
More informationRecord Quarterly Earnings at 1st Source Corporation, Company Grows to Over $6 Billion, Increase in Cash Dividend
For: Immediate Release Contact: Andrea Short April 19, 2018 574-235-2000 Record Quarterly Earnings at 1st Source Corporation, Company Grows to Over $6 Billion, Increase in Cash Dividend QUARTERLY HIGHLIGHTS
More informationBOCHK achieved 17.7% year-on-year growth in profit attributable to equity holders from continuing operations in the first half
28 August 2018 BOCHK achieved 17.7% year-on-year growth in profit attributable to equity holders from continuing operations in the first half BOC Hong Kong (Holdings) Limited ( the Company, stock code
More informationRegions Financial. Conference Call. July 24, 2012
Regions Financial 2nd Quarter Earnings Conference Call July 24, 2012 1 PRUDENT AND PROFITABLE GROWTH DRIVEN BY SOLID BUSINESS PERFORMANCE 2Q12 Financial Highlights Experienced continued growth in commercial
More informationWEBSTER REPORTS THIRD QUARTER 2018 EARNINGS
Media Contact Investor Contact Alice Ferreira, 203-578-2610 Terry Mangan, 203-578-2318 acferreira@websterbank.com tmangan@websterbank.com WEBSTER REPORTS THIRD QUARTER EARNINGS WATERBURY, Conn., October
More informationJ. G. Wentworth Company. Second Quarter 2017 Earnings Conference Call. August 14, 2017
J. G. Wentworth Company Second Quarter 2017 Earnings Conference Call August 14, 2017 C O R P O R A T E P A R T I C I P A N T S Erik Hartwell, Vice President, Investor Relations Stewart A. Stockdale, Chief
More informationRETURN ON EQUITY 6.9% Fourth Quarter Results RETURN ON EQUITY 5.3% CORE ROTCE % Notable Items
Ally Financial Inc. NYSE: A www.ally.com/about News release: IMMEDIATE RELEASE Ally Financial Reports Full Year and Fourth Quarter 2017 Financial Results Full Year 2017 Net Income of $929 million, $2.04
More informationQuarterly Financial Supplement 1Q 2018
Quarterly Financial Supplement 1Q 2018 Page # Consolidated Financial Summary... 1 Consolidated Income Statement Information... 2 Consolidated Financial Information and Statistical Data... 3 Consolidated
More informationRegions Reports Financial Results for Fourth Quarter 2010
Regions Reports Financial Results for Fourth Quarter 2010 Continued strength in core business; Customer growth drives improved performance; Inflow of Nonperforming Loans declined 29 percent linked quarter
More informationFOR IMMEDIATE RELEASE. MEDIA CONTACT: Sue Atkinson, FINANCIAL CONTACT: Harold Carpenter,
FOR IMMEDIATE RELEASE MEDIA CONTACT: Sue Atkinson, 615-320-7532 FINANCIAL CONTACT: Harold Carpenter, 615-744-3742 WEBSITE: www.pnfp.com PINNACLE FINANCIAL REPORTS STRONG LOAN GROWTH AND EARNINGS OF $0.31
More informationPeople s United Financial Reports Fourth Quarter Net Income of $106.2 Million, or $0.30 Per Common Share; Operating Earnings of $0.31 Per Common Share
NEWS RELEASE FOR IMMEDIATE RELEASE January 18, 2018 INVESTOR CONTACT: MEDIA CONTACT: Andrew S. Hersom Investor Relations 203.338.4581 Andrew.Hersom@peoples.com Steven Bodakowski Corporate Communications
More informationF.N.B. Corporation. Third Quarter 2012 Earnings Conference Call October 23, 2012
F.N.B. Corporation Third Quarter 2012 Earnings Conference Call October 23, 2012 Cautionary Statement Regarding Forward-Looking Information and Non-GAAP Financial Information This presentationandand the
More information4Q14 and FY 2014 Financial Results. January 26, 2015
4Q14 and FY 2014 Financial Results January 26, 2015 Forward-looking statements This document contains forward-looking statements within the Private Securities Litigation Reform Act of 1995. Statements
More informationLehman Brothers Financial Services Conference. Kerry Killinger Chairman and Chief Executive Officer
Lehman Brothers Financial Services Conference Kerry Killinger Chairman and Chief Executive Officer Forward-Looking Statement This presentation contains forward-looking statements, which are not historical
More informationForward-Looking Information
Forward-Looking Information This presentation contains forward-looking statements with respect to the financial condition, results of operations and businesses of BB&T. Statements that are not historical
More informationF.N.B. Corporation Reports Second Quarter 2016 Earnings
Press Release F.N.B. Corporation Reports Second Quarter 2016 Earnings PITTSBURGH, PA - July 21, 2016 F.N.B. Corporation (NYSE: FNB) reported earnings for the second quarter of 2016 with net income available
More informationCEO Commentary. In the Spotlight. U.S. Bancorp Reports Third Quarter 2018 Results
U.S. Bancorp Reports Third Quarter 2018 Results Record net revenue of $5,699 million, record net income of $1,815 million and record diluted earnings per share of $1.06 Industry leading return on average
More informationQuarterly Financial Supplement 3Q 2018
Quarterly Financial Supplement 3Q 2018 Page # Consolidated Financial Summary... 1 Consolidated Income Statement Information... 2 Consolidated Financial Information and Statistical Data... 3 Consolidated
More informationFORM 8-K. BANCORPSOUTH BANK (Exact Name of Registrant as Specified in Charter)
FEDERAL DEPOSIT INSURANCE CORPORATION WASHINGTON, DC 20429 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of report (Date of earliest event reported):
More informationCIGNA AND EXPRESS SCRIPTS: EXPANDS GROWTH OPPORTUNITIES IMPROVES AFFORDABILITY CREATES DIFFERENTIATED SHAREHOLDER VALUE
CIGNA AND EXPRESS SCRIPTS: EXPANDS GROWTH OPPORTUNITIES IMPROVES AFFORDABILITY CREATES DIFFERENTIATED SHAREHOLDER VALUE March 2018 Important Information for Investors and Shareholders FORWARD LOOKING STATEMENTS
More information(205) (205)
Media Contact: Investor Relations Contact: Tim Deighton List Underwood (205) 264-4551 (205) 801-0265 Regions Reports Earnings for First Quarter 2013 Solid business performance and disciplined expense management
More informationNews Release Contacts: Dana Ripley Jennifer Thompson Investors/Analysts (612) (612)
News Release Contacts: Dana Ripley Jennifer Thompson Media Investors/Analysts (612) 303-3167 (612) 303-0778 U.S. BANCORP REPORTS THIRD QUARTER 2016 EARNINGS Record Earnings Per Diluted Common Share of
More informationInvestor Overview Q2 2017
Investor Overview Q2 2017 AMG Overview Business Highlights Global, diversified asset management firm Unique, multi-faceted growth strategy Proprietary opportunity to partner with additional top boutiques
More informationPress Release PRUDENTIAL BANCORP, INC. ANNOUNCES FIRST QUARTER FISCAL 2019 RESULTS
Press Release Release Date: January 18, 2019 At 4:30 p.m. EST Contact: Jack E. Rothkopf Chief Financial Officer (215) 755-1500 PRUDENTIAL BANCORP, INC. ANNOUNCES FIRST QUARTER FISCAL 2019 RESULTS Philadelphia,
More information2015 Investor Day Financial Overview David Turner November 19, 2015
2015 Investor Day Financial Overview David Turner November 19, 2015 Our Priorities 5 Strategic priorities that provide direction for decisions Focus on the Customer Strengthen Financial Performance Build
More information