Financial Performance Highlights - Diluted EPS increased by 259% year-over-year, reaching $043 in 4Q16[9] - Adjusted diluted EPS increased by 222% compared to 4Q15[14] - Total revenues increased by 82% year-over-year, reaching $3017 million in 4Q16[9] - Adjusted efficiency ratio improved by 181 basis points year-over-year to 6032% in 4Q16[9] Balance Sheet Growth - Total average loans grew by 73% year-over-year, reaching $2324 billion in 4Q16[12] - Total average deposits grew by 61% year-over-year in 4Q16[12] - Sequential quarter loan growth was $5935 million, representing a 101% increase[17] Credit Quality and Capital Management - NPL ratio improved by 11 basis points year-over-year in 4Q16[12] - Return on Average Tangible Common Equity (ROATCE) increased by 188 basis points year-over-year in 4Q16[12] - Completed a $300 million share repurchase program[14]

Financial Performance - Diluted EPS was $023 in 4Q17, compared to $078 in 3Q17 and $054 in 4Q16[20] - Adjusted diluted EPS was $072, up 107% vs 3Q17 and 324% vs 4Q16[20] - Return on Average Assets (ROA) was 037%, down 90 b p s vs 3Q17 and 53 b p s vs 4Q16[20] - Adjusted ROA was 112%, up 7 b p s vs 3Q17 and 21 b p s vs 4Q16[20] - Adjusted Return on Average Common Equity (ROE) of 1196% increased 246 b p s vs 4Q16[20] Balance Sheet Growth - Total average loans grew by $1117 million or 18% vs 3Q17 and $8887 million or 37% vs 4Q16[20] - Total average deposits grew by $9990 million or 157% vs 3Q17 and $162 billion or 66% vs 4Q16[20] - 4Q17 total average deposits of $2629 billion increased $9991 million or 157% vs 3Q17[32] Credit Quality and Capital Management - Non-Performing Assets (NPA) ratio of 053% improved 21 b p s from 4Q16[20] - Completed $392 million in common share repurchases during the quarter and $1751 million for the year[54] - The Board of Directors approved a 67% increase in the quarterly common stock dividend to $025 per share, effective with the quarterly dividend payable in April 2018[57, 74]

Company Overview - Synovus has a 135-year history of commercial and retail banking in the Southeast U S [6] - The company has $59 billion in assets, $44 billion in loans, and $50 billion in deposits [6] - Synovus completed the transition to a singularly branded Synovus name and platform in 2018 [6] Growth and Market Position - Growth markets account for 55% of loans outstanding and 42% of core deposits [16] - The company is expanding its presence in growing Southeast markets [17] - Since 2019, the company has increased RM count in Corporate & Investment Banking by 24% [45] Financial Performance and Strategy - The company is focused on long-term shareholder value creation [19] - Recent strategies are PPNR accretive and supportive to growth [27] - Wholesale Funding/Assets decreased by 14% from 2Q23 to 3Q23 [28] - Office CRE Loans/Total Loans decreased by 36% from 2Q23 to 3Q23 [28] - The company anticipates relatively flat adjusted expenses in 2024, with a 2022 baseline of $116 billion and a 2023 estimate of $122 billion [38]

Financial Performance & Strategy - Synovus is focused on long-term shareholder value creation[9] - Synovus completed the transition from multiple legacy banking platforms to a singularly branded Synovus name and platform[6] - Synovus launched Synovus Forward to further optimize revenue and reduce expenses[6] - Synovus is implementing a 4-pillar execution strategy[6] Loan Portfolio & Credit Quality - Synovus has a highly diverse loan mix as of 9/30/23, with Middle Market and Commercial loans comprising 29% of the portfolio[33, 34] - The company's total C&I portfolio was $228 billion as of 3Q23[62] - The CRE portfolio totaled $124 billion in 3Q23[70] - The consumer loan portfolio totaled $85 billion in 3Q23[80] 2024 Outlook & Guidance - Synovus anticipates NIM expansion of approximately +20 bps from 4Q23 to 4Q24[38] - The company expects adjusted non-interest expense to be relatively flat in 2024, excluding the impact of the 4Q23 FDIC special assessment[38, 41] - Synovus projects core deposit growth of 2%-6% for 2024[40]

Financial Performance & Growth - Middle market banker team grew by 7% YTD[18] - Middle Market, CIB and Specialty Lines generated 8% annualized loan growth[18] - Treasury and Payments Solutions revenue increased by 9% YTD[18] - CET1 Ratio increased by 38 bps to 1060% from 12/31/2023[18] Loan & Deposit Portfolio - Wholesale Bank core deposits increased by $257 million in "Go for the Gold" campaign[18] - Variable loans represent approximately 62% (~$26 billion) of the total loan portfolio as of June 30, 2024[21] - Non-Interest Bearing Deposits account for 23% of the total deposit portfolio as of June 30, 2024[21] Credit Quality & Risk Management - Net charge-offs/average loans contained at 036% YTD (annualized)[18] - Allowance for Credit Losses (ACL) increased modestly to 125% of loans from YE 2023[18] - Office Loans account for 42% of Total Loans[40] Guidance - Adjusted revenue is expected to be $555 - $560 million in 3Q24[49] - Adjusted non-interest revenue is projected to be $115 – $120 million in 3Q24[49] - Adjusted non-interest expense is guided to be $305 - $310 million in 3Q24[49]

Synovus' Transformation and Growth - Synovus has undergone a multi-year transformation, enhancing its ability to succeed [6] - The company is capitalizing on growth tailwinds with stronger loan growth, balanced core deposit growth, and continued healthy non-interest revenue growth [11, 21] - Synovus is focused on long-term shareholder value creation [14] Financial Performance and Guidance - The Common Equity Tier 1 Ratio decreased by 440 bps from 3Q22 [13] - Allowance For Credit Losses increased by 112 bps from 3Q22 [13] - Wholesale Funding/Assets increased by 11 bps from 3Q22 [13] - The company projects 3%-6% loan growth and 3%-6% core deposit growth for 2025 [35] - Synovus anticipates 3%-7% adjusted revenue growth and 3%-7% adjusted non-interest expense growth in 2025 [35] Strategic Initiatives - Synovus is targeting a 20-30% expansion of relationship managers over the next 3 years [26] - Strategic growth segments include Middle Market, Specialty Lending, and CIB [22]

Seralutinib Partnership with Chiesi - Chiesi will provide a $160 million immediate development reimbursement to Gossamer[13] - Gossamer and Chiesi will split US profits 50/50, with mid-to-high teens royalties to Gossamer ex-US[13] - Regulatory milestones could reach up to $146 million, and sales milestones up to $180 million[13] - R&D costs will be split 50/50 worldwide, with Gossamer leading global development and US commercialization of PAH & PH-ILD[13] - Gossamer has a pro forma cash position of approximately $396 million[20, 38] Seralutinib in PAH - Seralutinib is in an ongoing registrational Phase 3 trial for PAH, with topline results expected in Q4 2025[13, 24, 26] - The PROSERA Phase 3 study is a double-blind, placebo-controlled trial with 175 patients per arm[26] - The US has approximately 30,000 to 50,000 PAH patients, with a 5-year survival rate of 57%[13, 22, 23, 35] Seralutinib in PH-ILD - The US has approximately 60,000 to 100,000 PH-ILD patients[13, 29, 35] - The median 5-year survival for PH-ILD patients is 23%[13, 35] - A Phase 3 study in PH-ILD is expected to begin in mid-2025[13, 20] - Only one therapy is approved for PH-ILD in the US[29, 30, 35]

Company Overview - NAPCO is a leader in commercial & residential security products with over 10,000 dealers, integrators & distributors in the US[5] - The company has two dozen patents and proprietary software[5] - The company is shifting towards recurring revenue and school security[5] Financial Highlights - Fiscal Fourth Quarter 2018 sales reached a record of $27.3 million, a 6% increase[48] - Recurring revenue increased by 49%[48] - Recurring revenue annual run rate is $14.7 million as of July 2018[48, 67] - TTM Revenue of $91.7 million with zero debt[67] - EPS up from $0.17 to $0.20[48] Market Opportunity - The company addresses both commercial (80%) and residential (20%) markets[8] - The company provides solutions for school security, addressing a market of 100,000 K-12 schools and 10,000 campuses[41] Stock Information - Market Capitalization is $284.0 million[66] - Insider Ownership is 38%[66, 67]

Protecting America's Businesses, Homes, Schools NASDAQ:NSSC September 2019 Corporate Presentation 1 Forward Looking Statements | --- | --- | |---------------------------------------------------------------------|-------| | | | | This presentation may contain forward-looking statements that | | | involve numerous risks and uncertainties. Actual results, | | | performance or achievements could differ materially from those | | | anticipated in such forward-looking statements as a result of | | | certain factor ...

Company Overview - NAPCO is a leader in designing and manufacturing commercial & residential security products, selling through 10,000+ dealers, integrators & distributors in the US [5] - The company has two major growth drivers: recurring revenue and school security [5] - NAPCO is the only company with products in all three security verticals: Alarms & Connectivity, Locking, and Access Control [34] Financial Performance - FY 2020 sales reached $101.3 million [43] - FY 2020 recurring revenue increased by 38% [43] - Recurring Revenue Annual Run Rate is at $27.5 million [43] - FY 2020 RMR Gross Margin was 82% [43] - The company has a cash balance of $18.2 million and zero debt [43] - Adjusted EBITDA for FY 2020 was $14.7 million [43] Market and Growth Opportunities - The company estimates a commercial market of 5 million buildings [39] - The company estimates a residential market of 120 million homes [41] - School security is a major growth driver, with increased funding, for example, Florida $500 million and Wisconsin $100 million [18, 21]