5th 3rd Announces Earliest One-fourth 2022 Performance

• Entitled among “Earth’s Really Ethical Companies” because of the Ethisphere in for the 3rd day
• Produced user domestic growth of step three% than the 1Q21
• Announced $20/hr minimum wage to own eligible staff active

• ROTCE (a) from 13.4%; modified ROTCE (a) out of thirteen.7% excl. AOCI
• Websites desire earnings (a) stable versus 4Q21, or right up 1% excluding the new impact of PPP; NIM (a) up 4 base circumstances compared to the 4Q21
• Mediocre C&We financing progress ex boyfriend. PPP away from 8% as compared to 4Q21
• Mediocre ties balance improved $5 mil versus 4Q21
• Key dumps increased step 1% compared to 4Q21; Interest bearing deposit costs apartment
• Benign borrowing from the bank high quality proceeded, together with near-number lower NCO proportion, stable low-performing money and lower industrial slammed assets

Leaving out brand new feeling out-of PPP-associated money, NII enhanced $14 mil, or 1%, sequentiallypared to your early in the day quarter, claimed NIM increased cuatro bps, primarily because of a reduction in other brief-label financial investments (generally appeal-results cash), new effect out of all the way down go out amount, and higher market costs