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  "documentTitle": "2023 MS Conference Presentation",
  "authorId": "MorganStanley",
  "authorName": "Fifth Third Bancorp",
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  "pageNumber": 10,
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  "slideType": "peer_benchmark",
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  "density": "dense",
  "nDataPoints": 26,
  "notes": "The slide highlights Fifth Third's conservative approach to commercial lending, specifically in CRE, compared to peers.",
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      "kind": "callout",
      "text": "Have maintained lowest CRE concentration among peers; office had already been de-emphasized for several years.",
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      "text": "CRE as a % of total loans",
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      "text": "Commercial portfolio balances by NAICS code",
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      "text": "Underwriting standards have been tightened since early 2020 with lower exceptions; 90% of total commercial portfolio has been underwritten (or re-underwritten) since Jan 2020. Credits stressed on a +200 bps rate scenario vs. the forward curve. Focused corporate banking coverage on targeted industry verticals. Criticized asset ratio stable.",
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      "text": "Office CRE of $1.6B represents 1.3% of total loans. LTV range of 55-60% at origination. Average commit of $9.5MM. 0.01% delinquency rate. Currently not pursuing new Office CRE originations.",
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      "text": "CRE concentration: 13%",
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      "kind": "title",
      "text": "Disciplined client selection and well-diversified commercial portfolio to achieve strong credit results through the cycle",
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      "evidence": "The document highlights its disciplined client selection, diversified portfolio, and strategic growth initiatives as key solutions.",
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      "evidence": "The document zooms in on its deposit franchise and peer benchmarking to demonstrate its strength.",
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