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         Third Quarter 2018 Results  October 23, 2018 

       Forward Looking Statements  2  This slide presentation and certain of our other filings with the Securities and Exchange Commission contain statements that constitute “forward-looking statements” within the meaning of, and subject to the protections of, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are forward- looking statements. You can identify these forward-looking statements through Synovus’ use of words such as “believes,” “anticipates,” “expects,” “may,” “will,” “assumes,” “predicts,” “could,” “should,” “would,” “intends,” “targets,” “estimates,” “projects,” “plans,” “potential” and other similar words and expressions of the future or otherwise regarding the outlook for Synovus’ future business and financial performance and/or the performance of the banking industry and economy in general. These forward-looking statements include, among others, statements on (1) future loan and deposit growth; (2) future net interest income and net interest margin; (3) future adjusted non-interest income; (4) future non-interest expense levels; (5) future credit trends and key metrics; (6) future effective tax rates; (7) future earnout payments; (8) our strategy and initiatives for future growth, capital management, and strategic transactions, including the FCB transaction; and (9) our assumptions underlying these expectations. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve known and unknown risks and uncertainties which may cause the actual results, performance or achievements of Synovus to be materially different from the future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are based on the information known to, and current beliefs and expectations of, Synovus’ management and are subject to significant risks and uncertainties. Actual results may differ materially from those contemplated by such forward-looking statements. A number of factors could cause actual results to differ materially from those contemplated by the forward-looking statements in this presentation. Many of these factors are beyond Synovus’ ability to control or predict.These forward-looking statements are based upon information presently known to Synovus’ management and are inherently subjective, uncertain and subject to change due to any number of risks and uncertainties, including, without limitation, the risks and other factors set forth in Synovus’ filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2017 under the captions “Cautionary Notice Regarding Forward-Looking Statements” and “Risk Factors” and in Synovus’ quarterly reports on Form 10-Q and current reports on Form 8-K. We believe these forward-looking statements are reasonable; however, undue reliance should not be placed on any forward-looking statements, which are based on current expectations and speak only as of the date that they are made. We do not assume any obligation to update any forward-looking statements as a result of new information, future developments or otherwise, except as otherwise may be required by law.Use of Non-GAAP Financial MeasuresThis slide presentation contains certain non-GAAP financial measures determined by methods other than in accordance with generally accepted accounting principles. Such non-GAAP financial measures include the following: adjusted diluted earnings per share; adjusted return on average assets; adjusted return on average common equity; adjusted return on average tangible common equity; cost of interest bearing core deposits; adjusted non-interest income; adjusted non-interest expense; adjusted total revenues; adjusted efficiency ratio; tangible common equity ratio; and common equity Tier 1 (CET1) ratio (fully phased-in). The most comparable GAAP measures to these measures are diluted earnings per share; return on average assets; return on average common equity; cost of funds rate; total non-interest income; total non-interest expense; total revenues; efficiency ratio; total shareholders’ equity to total assets ratio; and CET1 ratio, respectively. Management uses these non-GAAP financial measures to assess the performance of Synovus’ business and the strength of its capital position. Management believes that these non-GAAP financial measures provide meaningful additional information about Synovus to assist management, investors, and bank regulators in evaluating Synovus’ operating results, financial strength, the performance of its business and the strength of its capital position. However, these non- GAAP financial measures have inherent limitations as analytical tools and should not be considered in isolation or as a substitute for analyses of operating results or capital position as reported under GAAP. The non-GAAP financial measures should be considered as additional views of the way our financial measures are affected by significant items and other factors, and since they are not required to be uniformly applied, they may not be comparable to other similarly titled measures at other companies. Adjusted diluted earnings per share, adjusted return on average assets, and adjusted return on average common equity are measures used by management to evaluate operating results exclusive of items that are not indicative of ongoing operations and impact period-to-period comparisons. Adjusted return on average tangible common equity is a measure used by management to compare Synovus’ performance with other financial institutions because it calculates the return available to common shareholders without the impact of intangible assets and their related amortization, thereby allowing management to evaluate the performance of the business consistently. The cost of interest bearing core deposits is a measure used to evaluate the cost of deposits as a funding source exclusive of brokered deposits and deposits. Adjusted non-interest income and adjusted total revenues are measures used by management to evaluate total revenues and non-interest income exclusive of net investment securities gains (losses), net changes in the fair value of private equity investments, and the Cabela’s transaction fee. Adjusted non-interest expense and the adjusted efficiency ratio are measures utilized by management to measure the success of expense management initiatives focused on reducing recurring controllable operating costs. The tangible common equity ratio is used by management and bank regulators to assess the strength of our capital position. The computations of the non-GAAP financial measures used in this slide presentation are set forth in the Appendix to this slide presentation. 

       Important Additional Information  3  In connection with the proposed merger, Synovus filed with the SEC a Registration Statement on Form S-4 that includes the preliminary Joint Proxy Statement of Synovus and FCB and a Prospectus of Synovus. INVESTORS ARE URGED TO READ THE JOINT PROXY STATEMENT/PROSPECTUS AND OTHER RELEVANT DOCUMENTS FILED OR TO BE FILED WITH THE SEC CAREFULLY WHEN THEY BECOME AVAILABLEBECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. A free copy of the Joint Proxy Statement/Prospectus, as well as other filings containing information about Synovus and FCB, may be obtained at the SEC’s Internet site (http://www.sec.gov). Copies of the Joint Proxy Statement/Prospectus can also be obtained, free of charge, by directing a request to Synovus Investor Relations at Investor Relations, Synovus Financial Corp., 1111 Bay Avenue, Suite 500, P.O. Box 120, Columbus, GA, 31901, by calling (888) SYNOVUS, or by sending an e-mail to steveadams@synovus.com or to FCB Investor Relations at Investor Relations, FCB Financial Holdings, Inc., 2500 Weston Road, Suite 300, Weston, Florida 33331, by calling (305)-668-5420 or by sending an e-mail to IR@fcb1923.com. Information regarding the persons who may, under the rules of the SEC, be considered participants in the solicitation of Synovus shareholders and FCB stockholders in connection with the proposed transaction may be obtained by reading the Joint Proxy Statement/Prospectus. 

       3Q18 Highlights  4                $0.78  $0.84  $0.65  $0.91 $0.92  $0.95  3Q17  2Q18  3Q18  Diluted EPS    Reported                  1.27%  1.42%  1.36%  1.05%  1.43%  1.47%  3Q17  2Q18  Return on Average Assets        46.4%YoY  (1)    42 b.p.s YoY  (1)          $24.50  $24.95  3Q18  Total Average Loans(in billions)$25.32    3.4%YoY          $25.29  $26.27  $26.39  Total Average Deposits(in billions)    4.4%YoY          0.57%  0.50%  0.46%  3Q17  2Q18  3Q18  3Q17 2Q18NPA Ratio    11 b.p.s YoY                13.24%  13.95%  10.92%  3Q17 2Q18 3Q18Return on Average Common Equity15.39% 15.59% 15.69%  3Q17  2Q18    Reported    (1)Adjusted Reported  3Q18Adjusted (1)  3Q18(1)Adjusted  Non-GAAP financial measure; see appendix for applicable reconciliation.Annualized    477 b.p.s YoY    ROA of 1.36%, vs. 1.42% in 2Q18 and 1.27% in 3Q17Adjusted ROA(1) of 1.47%, up 4 b.p.s vs. 2Q18 and42 b.p.s vs. 3Q17Total revenues of $363.3 million, down $34.7 million or 8.7% vs. 3Q17, due to 3Q17 Cabela’s transactionAdjusted total revenues(1) of $363.0 million, up   $31.7 million or 9.6% vs. 3Q17   ProfitabilityDiluted EPS of $0.84, vs. $0.91 in 2Q18 and $0.78 in3Q17Adjusted diluted EPS(1) of $0.95, up 2.4% vs. 2Q18 and 46.4% vs. 3Q17  Balance Sheet GrowthTotal average loans grew $376.3 million or 6.0%(2) vs. 2Q18 and grew $822.7 million or 3.4% vs. 3Q17  Total average deposits increased $119.2 million or 1.8%(2) vs. 2Q18 and increased $1.10 billion or 4.4% vs. 3Q17  Credit Quality and Capital ManagementNPA ratio of 0.46% improved 11 b.p.s from 3Q17  Return on average common equity of 13.95% compared to 13.24% in 3Q17Adjusted ROE(1) of 15.69% increased 477 b.p.s vs. 3Q17Adjusted ROATCE(1) of 16.08% increased 489 b.p.s vs.3Q17  (1) 

       Merger-related expense of $6.7 million associated with our pending acquisition of FCB FinancialHoldings, Inc. (FCB)$11.7 million increase in the earnout liability related to our 2016 Global One acquisition, due to increased earnings projections for that business$4.0 million one-time, non-cash charge associated with our Series C Preferred Stock redemption$9.9 million discrete tax benefit (non-core) related to the finalization of provisional adjustments associated with 2017 tax reform, as well as amendments to prior tax returns and other refinements of previous estimates    3Q18 Adjustments to Net Income(1)/EPS(in thousands, except per share data)  5  Available to common shareholdersDollar amounts and per-share impact are on after-tax basis. Amounts may not total due to rounding.  $0.84  $0.06  $0.10  $0.03  $(0.08)  $(0.00)  $0.95  $6,684  $11,652  $4,020  $(9,865)  $111,727   $(94)   $99,330  3Q18 net income(1)  Merger-relatedexpense  Earnout liabilityadjustments  Preferred stockredemption  Income taxes  Other adjustments  3Q18 adjusted net income(1)  EPS impact(2):             

       Loans  Sequential quarter period-end growth of$443.1 million or 7.0%(1) vs. 2Q18C&I up $227.8 million or 7.4%(1)Consumer up $148.1 million or 9.4%(1)CRE up $68.2 million or 4.1%(1)Year-over-year period-end growth of $1.09 billion or 4.5%C&I up $776.2 million or 6.6%Consumer up $827.6 million or 14.9%CRE down $514.5 million or 7.1%Total average loan growth of $376.3 million or 6.0%(1) vs. 2Q18 and $822.7 million or 3.4% vs. 3Q17  6  3Q17  2Q18  3Q18        CRE Consumer C&I  (in billions)  48.9%  24.9%  26.2%        47.8%22.7%29.5%  12.28    48.8%24.8%26.4%  12.50        11.73                    5.56      6.24      6.39        7.23                          6.64      6.71      Sequential quarter loan growth:  $56.8  $251.0  $443.1  (in millions)  AnnualizedTotal loans are net of deferred fees and costs.  $24.49(2)  $25.13 (2)  (2)$25.58  Period-end Loan Balances   

               18.60  19.10  19.21  3.16  3.11  3.39  1.99  2.13  2.01  1.53  1.92  1.77  3Q17 2Q18  3Q18    Core transaction deposits    Time    SCM    Brokered  Deposits  3Q18 total average deposits of $26.39 billion increased $119.2 million or 1.8%(1) vs. 2Q18Excluding brokered deposits, 3Q18 average deposits increased $269.2 million or 4.4%(1) vs. 2Q183Q18 total average deposits increased $1.10 billion or 4.4% vs. 3Q173Q18 average brokered deposits represent 6.7% of total deposits compared to 7.3% in 2Q18  7  $25.29  $26.39  $26.27  Total Average Deposits(in billions)  AnnualizedCore transaction deposits consist of non-interest bearing, NOW/savings, and money market deposits excluding state and county municipal (SCM) deposits.  (2) 

 $262.6  $284.6  $291.6  3Q17  3Q18            3.63%  3.86%  3.89%    2Q18Net Interest Income Net Interest Margin  Net interest income  Net interest income of $291.6 million increased$7.0 million or 2.5% vs. 2Q18 and $29.0 million or 11.1% vs. 3Q17Net interest margin of 3.89% up 3 b.p.s vs. 2Q18Yield on earning assets of 4.58% up 11from 2Q18Yield on loans of 4.99% up 11 b.p.s from 2Q18Effective cost of funds of 0.69%(1) up 8from 2Q18Cost of interest bearing core deposits(2) of 0.71% up 14 b.p.s from 2Q18  8  (dollars in millions)  See slide 26 in the appendix for computation.Non-GAAP financial measure; see appendix for applicable reconciliation. 

               35.6  37.4  35.7  21.2  24.8  23.9  5.6  4.8  5.3  6.4  6.8  3Q17  2Q18  3Q18    Other income    Mortgage banking income    Fiduciary/asset management, brokerage, and insurance revenues    Non-interest income  3Q18 non-interest income of $71.7 million decreased $1.7 million vs. 2Q18 and decreased$63.7 million vs. 3Q173Q17 includes the $75.0 million Cabela’s transaction fee and other items, partially offset by $8.0 million in investment securities losses  (1)  3Q18 adjusted non-interest income of $71.2  million decreased $3.5 million or 4.7% vs. 2Q18 and increased $2.8 million or 4.1% vs. 3Q17Core banking fees(2) of $35.7 million decreased$1.7 million or 4.7% vs. 2Q18 and were essentially flat with 3Q17Fiduciary/asset management, brokerage, and insurance revenues of $23.9 million decreased$825 thousand or 3.3% vs. 2Q18 and increased$2.8 million or 13.0% vs. 3Q17Assets under management of $15 billion increased 16% vs. 3Q17  9  (in millions)  $135.4  $71.7  $73.4  Core banking feesNon-GAAP financial measure; see appendix for applicable reconciliation.Include service charges on deposit accounts, card fees, letter of credit fees, ATM fee income, line of credit non-usage fees, gains from sales of government guaranteed loans, and miscellaneous other service charges.3Q17 other income includes the $75.0 million Cabela’s transaction fee, as well as $8.0 million in investment securities losses.  73.0  (3) 

       3Q18  Non-interest expense  3Q18 non-interest expense of $220.3 million increased $16.2 million or 8.0% vs. 2Q18 and increased $14.7 million or 7.1% vs. 3Q173Q18 includes $11.7 million of earnout liability adjustments from the Global One acquisition and $6.7 million of FCB merger- related expense3Q18 adjusted non-interest expense(1) of $201.6 million decreased $1.1 million or 0.5% vs. 2Q18 and increased $7.5 million or 3.9% vs. 3Q17The sequential decline is driven by a $1.5 million decrease in advertising expense and a$1.7 million decrease in fixed-asset impairment charges, which was partially offset by an increase of $2.5 million in compensation expense3Q18 efficiency ratio of 60.62%; compared to 56.78% in 2Q18 and 50.62% in 3Q173Q18 adjusted efficiency ratio(1) of 55.55%; improved from 56.41% in 2Q18 and 58.59% in 3Q17  10  (dollars in millions)  Non-GAAP financial measure; see appendix for applicable reconciliation.Merger related expense of $6.7 million related to FCB.  Adjusted      $220.3  Efficiency Ratio  50.62%  56.78%  60.62%  Adjusted Efficiency Ratio(1)  58.59%  56.41%  55.55%  3Q17 2Q18Reported – excl. merger relatedReported – merger related(2)  $205.6 $204.1 $202.7              $6.7  $201.6                        $194.1                               

           0.06%  0.15%  0.07%  0.29%  0.24%  0.56%  3Q17  3Q18    Credit quality  11  (dollars in millions)  Net Charge-offs(2)        $12.0  $8.6  $12.8  $11.8  $15.0  27.7  3Q18    Provision Expense    $249.7  $249.3  $257.8  $251.7  $251.5  3Q17  4Q17  1Q18  2Q18  3Q18  4Q17 1Q18 2Q18Held-for-Sale TransfersAllowance for Loan Losses  1.02%  1.01%  1.04%                                        0.57%  0.53% 0.53%  0.50%  0.46%  0.40%  0.47%  0.47%  0.42%  0.35%  0.21%  0.22%  0.22%  0.31%  4Q17    3Q17NPA Ratio    NPL Ratio    2Q18 3Q18Total Past Dues > 30 Days Ratio  0.48%  NPA, NPL, and Past Due Ratios  3Q17 4Q17 1Q18 2Q18Held-for-Sale TransfersExcludes impaired loans held for saleNet charge-off ratio is as a percentage of average total loans, annualized.  1Q18(1)  $39.7  1.00%  0.98%  $38.1  $9.0    $4.3  $17.8  $15.3 

       Capital ratios  12    3Q17    2Q18    3Q18  Common equity Tier 1 ratio  10.06    10.12    9.92  Tier 1 capital ratio  10.43    11.25    10.59  Total risk-based capital ratio  12.30    13.08    12.37  Leverage ratio  9.34    10.03    9.58  Tangible common equity ratio(2)  8.88    8.77    8.68  (1)  PreliminaryNon-GAAP financial measure; see appendix for applicable reconciliation.  On August 1, Synovus redeemed $130 million of Series C Preferred StockIncluding $58 million in share repurchases during 3Q18 and subsequent 4Q18 activity, we anticipate fully completing our $150 million share repurchase program by the end of this week. We estimate a 2.5% reduction in share count from December 31, 2017 as part of the $150 million authorization3Q18 common equity Tier 1 ratio on a fully phased-in basis estimated at 9.87%(1)(2)  (1)  (1)  (1) 

       2018 Outlook        Non-GAAP financial measure; see appendix for applicable reconciliation.Growth vs. YTD 9/30/17  13     Metrics   Original 2018 Guidance   YTD through9/30/18Results     Average loan growth  4% to 6%  (2)  Balance      3.1%  Sheet  Average total deposit growth  4% to 6%  (2)4.3%                    Net interest income growth  11% to 13%  12.9%(2)  Revenue          Adjusted non-interest income(1) growth  4% to 6%  (2)5.7%                  Non-interest Expense and Taxes  Total non-interest expense growth  0% to 3%  (2)4.2%    Effective tax rate  23% to 24%  19.8%                    Net charge-off ratio  15 to 25 b.p.s  20 b.p.s  Credit and Capital  Share repurchases  Up to $150 million  $134.8 million    Common dividend per share (year)  Up 67% to $1.00  $0.75 

                                                                                                 FCB Acquisition Update  14  Integration ProgressExecuting on comprehensive integration planOverarching guiding principle of ensuring customer and team member experience is enhanced through mergerProgress in decisioning critical integration componentsFocus on achieving closing and conversion milestones, while identifying “quick win” revenue synergies    Low risk transaction creates a strongercompany    Strategicallycompelling  6.5+% EPS Accretionin 2020      Earnback: <3years       

 Appendix       

 Condensed Income Statement  16              (in thousands, except per share data)  3Q18    2Q18  3Q17  Net interest income  $291,619    $284,577  $262,572  Adjusted non-interest income*  71,234    74,720  68,418  Adjusted non-interest expense*  (201,648)    (202,734)  (194,102)  Provision expense  (14,982)    (11,790)  (39,686)  Discounts to fair value – ORE dispositions  -    -  (7,082)  Asset impairment charges  -    -  (1,168)  Cabela’s transaction fee  -    -  75,000  Investment securities losses, net  -    (1,296)  (7,956)  Increase (decrease) in fair value of private equity investments, net  434    (37)  (27)  Restructuring charges, net  (21)    (103)  (519)  Litigation settlement/contingency expense  -    1,400  (401)  Earnout liability adjustments  (11,652)    -  (2,059)  Merger-related expense  (6,684)    -  (23)  Valuation adjustment to Visa derivative  -    (2,328)  -  Amortization of intangibles  (292)    (292)  (292)            Income before taxes  128,008    142,117  152,675  Income tax expense  18,949    30,936  54,668  Preferred stock dividends and redemption  9,729    2,559  2,559  Net income available to common shareholders  $99,330    $108,622  $95,448            Net income per diluted common share  $0.84    $0.91  $0.78  Weighted average diluted common shares  118,095    119,139  121,814  *Non-GAAP financial measure; see applicable reconciliation. 

 Quarterly Highlights Trend  17      (1) Non-GAAP financial measure; see applicable reconciliation (2) Annualized (3) Sequential quarter growth, annualized (4) In thousands (5) Preliminary        3Q17  4Q17  1Q18  2Q18  3Q18  Diluted EPS      0.78  0.23  0.84  0.91  0.84  Net interest margin      3.63  3.65  3.78  3.86  3.89  Financial Efficiency ratio      50.62  66.77  57.16  56.78  60.62  Performance Adjusted efficiency ratio(1)      58.59  59.29  57.42  56.41  55.55  ROA(2) 1.27        0.37  1.34  1.42  1.36    Adjusted ROA(1)(2)  1.05    1.12  1.36  1.43  1.47                  Balance Sheet  Total loans  0.9    4.9  1.6  4.0  7.0  Growth(3)  Total average deposits  4.7    15.7  (7.7)  7.5  1.8                                    NPA ratio  0.57    0.53  0.53  0.50  0.46  Credit Quality  NCO ratio(2)  0.62    0.15  0.07  0.29  0.24                    Common shares outstanding(4)  119,567    118,897  118,702  117,841  116,714  Capital  CET1 ratio  10.06    9.99  10.09  10.12  (59.92    TCE ratio(1)  8.88    8.88  8.79  8.77  8.68  ) 

                       1.4  1.4  1.3  1.4  1.4  3Q17  3Q18  Loan Portfolio      4Q17 1Q18Duration (in years)  Portfolio Yield and Sensitivity  18              3Q17    Fixed rate    4Q17 1Q18Prime floating rate    2Q18 3Q18LIBOR floating rate              3.6  3.8  4.1  4.3 4.3  Investment Securities Portfolio                2.30%  2.34%  2.36%  2.39%    2.12%                    3Q17D  ura  4Q17tion (in ye    1Q18ars)    2Q18Yiel  d  3Q18    Loan Portfolio Rate Mix                    37.4%    37.0%    36.9%    36.7%    36.6%    16.8%    17.0%    17.0%    16.2%    15.7%    45.8%    46.0%    46.1%    47.1%    47.7%    Immediate change inshort-term interest rates (in b.p.s)  Estimated % increase in net interest income  +100  2.33%  +25  0.70%  Net Interest Income Sensitivity              4.49%  4.55%  4.70%  4.88%  4.99%    2Q18Yield 

  Non-interest Income   19  nm = not meaningful    3Q17  2Q18  3Q18  3Q18 vs.2Q18 %Change  3Q18 vs.3Q17 %Change  (in thousands)            Service charges on deposit accounts  $20,678  $19,999  $20,582  2.9  (0.5)  Fiduciary and asset management fees  12,615  13,983  13,462  (3.7)  6.7  Brokerage revenue  7,511  8,900  9,329  4.8  24.2  Mortgage banking income  5,603  4,839  5,290  9.3  (5.6)  Card fees  9,729  10,833  10,608  (2.1)  9.0  Other fee income  5,094  5,259  4,510  (14.2)  (11.5)  Income from bank-owned life insurance  3,232  3,733  3,771  1.0  16.7  Other non-interest income   3,956   7,174   3,682   (48.7)    (6.9)   Adjusted non-interest income  $68,418  $74,720  $71,234  (4.7)  4.1  Investment securities losses, net  (7,956)  (1,296)  -  nm  nm  (Decrease) increase in fair value of private equity investments, net  (27)  (37)  434  nm  nm  Cabela’s transaction fee  75,000  -  -  nm  nm  Total non-interest income  $135,435  $73,387  $71,668  (2.3)%  (47.1)% 

 Portfolio Distribution by Type  20  * Total loans are net of unearned deferred fees and costs, which are not displayed on this table.  (dollars in millions)  3Q17    4Q17    1Q18    2Q18    3Q18    Investment Properties  $5,925  24.2%  $5,670  22.8%  $5,619  22.6%  $5,510  21.9%  $5,666  22.1%  Residential Properties  795  3.2  782  3.1  759  3.1  721  2.9  707  2.8  Land Acquisition  507  2.1  484  2.0  457  1.8  414  1.6  340  1.3  Total CRE  $7,227  29.5%  $6,935  27.9%  $6,836  27.5%  $6,644  26.4%  $6,712  26.2%  C&I  11,727  47.8  12,024  48.5  12,102  48.5  12,275  48.8  12,503  48.9  Consumer  5,558  22.7  5,854  23.6  5,969  24.0  6,237  24.8  6,385  24.9  Total Loans*  $24,487  100.0%  $24,788  100.0%  $24,883  100.0%  $25,134  100.0%  $25,577  100.0%             

 Commercial Real Estate  21  *Annualized                                                  Office Building 20%  Shopping Centers12%  Warehouses 10%  Other Investment Properties11%  Multi-Family 20%  Hotels 11%  1-4 Family Construction 3%  1-4 Family Perm/Mini Perm 8%  Commercial Development 1%  3%  Composition of 3Q18 Commercial Real Estate Portfolio Total Portfolio $6.71 billionResidential Development 1%Land Acquisition  Commercial Real Estate 3Q18 Credit Metrics:    Credit Indicator  CRE Total  NPL Ratio  0.15%  Net Charge-off Ratio*  0.03%  30+ Days Past Due Ratio  0.08%  90+ Days Past Due Ratio  0.00%  Investment Properties portfolio represents 84% of total CRE portfolio  The portfolio is well diversified among the property typesCredit quality in Investment Properties portfolio remains excellent  Continued reduction in non-strategic CRE property types (Residential and Land)  As of 3Q18, Residential C&D and Land Acquisition Portfolios represent only 1.8% of total performing loans 

 C&I Portfolio  22  * Annualized                                  24.18%  6.23%  4.66%  6.82%  5.51%  6.11%  2.61%  2.23%  7.87%  4.28%  6.16%  6.83%  4.95%  3.78%  5.66%2.13%  Diverse Industry ExposureTotal Portfolio $12.50 billion    Health Care    Finance/Insurance    R/E Leasing    Retail Trade    Wholesale Trade    Prof., Scientific, Tech. Svcs    Ag, Forestry, Fishing    Admin., Support, Waste Mgmt., Remediation    Manufacturing          ConstructionAccommoda. & Food Svcs.    Other ServicesTransport. & Warehousing    R/E OtherEducational Svcs.    All Other  Large Corporate/Middle Market/Specialty Lines represent 39.3% of C&I Balances  Community/Retail Bank represents 60.7% ofC&I balances  Credit Indicator  3Q18  NPL Ratio  0.60%  Net Charge-off Ratio*  0.40%  30+ Days Past Due Ratio  0.30%  90+ Days Past Due Ratio  0.02% 

 Consumer Portfolio  23  * Annualized                    HELOC, 23%  Consumer Mortgage, 45%  Credit Card, 4%  Consumer Lending Partnerships, 23%  Credit Card Portfolio continues to perform well  Average utilization rate is 22.6%Average credit score is 729Charge-offs below industry average at 1.93% for the year  Total Consumer Portfolio $6.39 billionOther Consumer, 5%  Lending Partnerships with GreenSky and SoFiCurrently $1.48 billion in balances, or 5.8% of total portfolioGreenSky is a point-of-sale program where the customer applies with home improvement store, contractor, or other merchantSoFi portfolio primarily consists of refinanced student loan debt  Credit Indicator  Heloc  Mortgage  Weighted Average Credit Scoreof 3Q18 Originations  787  767  Weighted average credit score of total portfolio  785  786  Average LTV  74.3%  75.7%  Average DTI  33.0%  32.4%  Utilization Rate  53.1%  N/A  Mortgage and HELOC, the two largest concentrations, have strong credit indicators  Credit Indicator  3Q18  NPL Ratio  0.37%  Net Charge-off Ratio*  0.15%  30+ Days Past Due Ratio  0.56%  90+ Days Past Due Ratio  0.04% 

 Portfolio Risk Distribution  24  Risk Category  3Q17  2Q18  3Q18  3Q18 vs. 2Q18Change  3Q18 vs. 3Q17Change  Passing Grades  $23,889  $24,546  $24,914  $368  $1,025  Special Mention  276  261  295  34  19  Substandard Accruing  225  210  204  (6)  (21)  Non-Performing Loans  98  117  108  (9)  10  Total Loans  $24,487  $25,134  $25,577  $443  $1,090  (dollars in millions) 

 Loan Loss Reserve Coverage Trends  25                                                $250  $249  $258  $252  $251    255%  216%  215%  215%  232%    336%  238%  241%  263%  288%  3Q17  4Q17    Loan Loss Reserve    LLR to NPLs        1Q18 2Q18 3Q18LLR to NPLs (Excluding NPLs for which the expected loss has been charged off)  0.98%  1.02% 1.01%  1.04%  (dollars in millions)  1.00% 

 Effective cost of funds calculation   26  (dollars in thousands)  3Q18  2Q18  3Q17  Total interest expense  $52,323  $45,257  $35,080  Total interest expense, annualized  207,586  181,525  139,176  Total average interest earning assets  $29,908,065  $29,734,403  $28,816,967  Effective cost of funds (total interest expense, annualized, divided by total average interest earning assets)  0.69%  0.61%  0.48% 

 Non-GAAP Financial Measures   27      (dollars in thousands)  3Q18  2Q18  3Q17  Net income available to common shareholders  $99,330  108,622  95,448  Add: Earnout liability adjustments  11,652  -  2,059  Subtract: Income taxes  (9,865)  -  -  Add: Preferred stock redemption  4,020  -  -  Subtract: Income tax benefit related to effects of State Tax Reform  -  (608)  -  Add: Merger-related expense  6,684  -  23  Subtract/add: Litigation settlement/contingency expense  -  (1,400)  401  Add: Provision expense on loans transferred to held-for-sale  -  -  27,710  Add: Discounts to fair value for completed or planned ORE accelerated dispositions  -  -  7,082  Add: Asset impairment charges related to accelerated disposition of corporate real estate and other properties  -  -  1,168  Add: Restructuring charges, net  21  103  519  Add: Amortization of intangibles  292  292  292  Add: Valuation adjustment to Visa derivative  -  2,328  -  Add: Investment securities losses, net  -  1,296  7,956  Subtract/add: (Increase)/decrease in fair value of private equity investments, net  (434)  37  27  Subtract: Cabela’s transaction fee  -  -  (75,000)  Add/subtract: Tax effects of adjustments  27  (624)  11,034          Adjusted net income available to common shareholders  $111,727  110,046  78,719  Weighted average common shares outstanding-diluted  118,095  119,139  121,814  Adjusted diluted earnings per share  $0.95  $0.92  $0.65 

 Non-GAAP Financial Measures, continued   28          (dollars in thousands)  3Q18  2Q18  1Q18  4Q17  3Q17  Net income  $109,059  111,181  103,166  29,605  98,007  Add: Earnout liability adjustments  11,652  -  -  1,700  2,059  Subtract: Income taxes  (9,865)  -  -  -  -  Add: Income tax expense related to effects of Federal Tax Reform  -  -  -  47,181  -  Subtract/add: Income tax (benefit)/expense related to effects of State Tax Reform  -  (608)  1,325  -  -  Add: Merger-related expense  6,684  -  -  -  23  Subtract/add: Litigation settlement/contingency expense  -  (1,400)  (2,626)  300  401  Add/subtract: Restructuring charges, net  21  103  (315)  (29)  519  Add: Valuation adjustment to Visa derivative  -  2,328  -  -  -  Add: Amortization of intangibles  292  292  292  292  292  Add: Loss on early extinguishment of debt, net  -  -  -  23,160  -  Add: Provision expense on loans transferred to held-for-sale  -  -  -  -  27,710  Add: Discounts to fair value for completed or planned ORE accelerated dispositions  -  -  -  -  7,082  Add: Asset impairment charges related to accelerated disposition of corporate real estate and other properties  -  -  -  -  1,168  Add: Investment securities losses, net  -  1,296  -  -  7,956  Subtract/add: (Increase)/decrease in fair value of private equity investments, net  (434)  37  3,056  (100)  27  Subtract: Cabela’s transaction fee  -  -  -  -  (75,000)  Subtract: Income tax benefit related to pre-2017 R&D credits and state taxes  -  -  -  (4,847)  -  Add/subtract: Tax effects of adjustments  27  (624)  (96)  (8,740)  11,034              Adjusted net income  $117,436  112,605  104,802  88,522  81,278  Net income annualized  $465,915  451,657  425,030  351,201  322,462  Total average assets  $31,725,604  31,502,758  31,245,708  31,388,724  30,678,388  Adjusted return on average assets  1.47%  1.43  1.36  1.12  1.05 

 Non-GAAP Financial Measures, continued   29        3Q18  2Q18  3Q17  (dollars in thousands)        Net income available to common shareholders  $99,330  108,622  95,448  Add: Earnout liability adjustments  11,652  -  2,059  Subtract: Income taxes  (9,865)  -  -  Add: Preferred stock redemption  4,020  -  -  Subtract: Income tax benefit related to effects of State Tax Reform  -  (608)  -  Add: Merger-related expense  6,684  -  23  Subtract/add: Litigation settlement/contingency expense  -  (1,400)  401  Add: Provision expense on loans transferred to held-for-sale  -  -  27,710  Add: Discounts to fair value for completed or planned ORE accelerated dispositions  -  -  7,082  Add: Asset impairment charges related to accelerated disposition of corporate real estate and other properties  -  -  1,168  Add: Restructuring charges, net  21  103  519  Add: Amortization of intangibles  292  292  292  Add: Valuation adjustment to Visa derivative  -  2,328  -  Add: Investment securities losses, net  -  1,296  7,956  Subtract/add: (Increase)/decrease in fair value of private equity investments, net  (434)  37  27  Subtract: Cabela’s transaction fee  -  -  (75,000)  Add/subtract: Tax effects of adjustments  27  (624)  11,034          Adjusted net income available to common shareholders  $111,727  110,046  78,719  Adjusted Net income annualized  $443,265  441,393  312,309  Total average shareholders’ equity less preferred stock  $2,824,707  2,831,368  2,859,491  Subtract: Goodwill  (57,315)  (57,315)  (57,167)  Subtract: Other intangible assets, net  (10,265)  (10,555)  (11,648)  Total average tangible shareholders’ equity less preferred stock  $2,757,127  2,763,498  2,790,676  Adjusted return on average common equity  15.69%  15.59  10.92  Adjusted return on average tangible common equity  16.08%  15.97  11.19 

 Non-GAAP Financial Measures, continued  30  (dollars in thousands)  3Q18  2Q18  3Q17  Total interest expense  52,323  45,257  35,080  Total interest expense, annualized  207,586  181,525  139,176  Total average interest bearing liabilities  20,749,347  20,791,397  20,158,170  Cost of funds rate  0.99%  0.87  0.69  Total interest expense  $52,323  45,257  35,080  Subtract: Interest on long-term debt  (12,164)  (12,455)  (13,934)  Subtract: Interest on brokered deposits  (8,802)  (8,918)  (3,872)  Subtract: Interest on federal funds purchased, securities sold under repurchase agreements, and other short-term borrowings  (940)  (203)  (347)  Interest expense on interest bearing core deposits  $30,417  23,681  16,926  Interest expense on interest bearing core deposits, annualized  120,676  94,984  67,152  Total average interest bearing liabilities  $20,749,347  20,791,397  20,158,170  Subtract: Average long-term debt  (1,656,743)  (1,852,094)  (1,882,458)  Subtract: Average brokered deposits  (1,772,976)  (1,922,918)  (1,530,889)  Subtract: Average federal funds purchased, securities sold under repurchase agreements, and other short- term borrowings  (377,298)  (210,680)  (294,302)  Total average interest bearing core deposits  $16,942,330  16,805,705  16,450,521  Cost of interest bearing core deposits  0.71%  0.57  0.41 

 Non-GAAP Financial Measures, continued  31  (dollars in thousands)  3Q18  2Q18  3Q17  Total non-interest income  $71,668  73,387  135,435  Add: Investment securities losses, net  -  1,296  7,956  Subtract/add: (Increase)/decrease in fair value of private equity investments, net  (434)  37  27  Subtract: Cabela’s transaction fee  -  -  (75,000)  Adjusted non-interest income  $71,234  74,720  68,418  (dollars in thousands)  2017  $  %  Total non-interest income, as reported  $345,327  $285 million - $290 million  (16%) – (18%)  Subtract: Cabela’s transaction fee  (75,000)      Add: Investment securities losses, net  289      Add: Decrease in fair value of private equity investments, net  3,093      Adjusted non-interest income  $273,709  $285 million - $290 million  4% - 6%  2018 Current Outlook – Increase (decrease) vs. 2017  Nine Months Ended      (dollars in thousands)  September 30, 2018  September 30, 2017    Total non-interest income  $212,101  275,974  Subtract: Cabela’s transaction fee  -  (75,000)  Subtract/add: Investment securities (gains) losses, net  1,296  289  Add/subtract: Decrease/(increase) in fair value of private equity investments, net  2,659  3,193        Adjusted non-interest income  $216,056  $204,456 

 Non-GAAP Financial Measures, continued  32        (dollars in thousands)  3Q18  2Q18  3Q17  Total non-interest expense  $220,297  204,057  205,646  Subtract: Earnout liability adjustments  (11,652)  -  (2,059)  Subtract: Restructuring charges, net  (21)  (103)  (519)  Subtract: Discounts to fair value for completed or planned ORE accelerated dispositions  -  -  (7,082)  Subtract: Asset impairment charges related to accelerated disposition of corporate real estate and other properties  -  -  (1,168)  Add/subtract: Litigation settlement/contingency expense  -  1,400  (401)  Subtract: Merger-related expense  (6,684)  -  (23)  Subtract: Valuation adjustment to Visa derivative  -  (2,328)  -          Subtract: Amortization of intangibles  (292)  (292)  (292)          Adjusted non-interest expense  $201,648  202,734  194,102      Adjusted non-interest expense  $201,648  202,734    194,102  Net interest income  291,619  284,577    262,572  Add: Tax equivalent adjustment  136  120    283  Add: Total non-interest income  71,668  73,387    135,435  Add: Investment securities losses, net  -  1,296    7,956            Total FTE revenues  363,423  359,380    406,246  Subtract/add: (Increase)/decrease in fair value of private equity investments, net  (434)  37    27  Subtract: Cabela’s transaction fee  -  -    (75,000)            Adjusted total revenues  $362,989  359,417    331,273  Efficiency ratio  60.62%  56.78    50.62  Adjusted efficiency ratio  55.55%  56.41    58.59 

 

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 Non-GAAP Financial Measures, continued  33  (dollars in thousands)  3Q17  2Q18  3Q18  Total average deposits  $25,286,919  26,268,074  26,387,312  Subtract: Average brokered deposits  (1,530,889)  (1,922,917)  (1,772,977)  Average core deposits  $23,756,030  24,345,157  24,614,335          (dollars in thousands)  3Q17  4Q17  1Q18  2Q18  3Q18  Total assets  31,642,123  31,221,837  31,501,028  31,740,305  32,075,120  Subtract: Goodwill  (57,315)  (57,315)  (57,315)  (57,315)  (57,315)  Subtract: Other intangible assets, net  (11,548)  (11,254)  (10,750)  (10,458)  (10,166)              Tangible assets  $31,573,260  $31,153,268  $31,432,963  $31,672,532  $32,007,639  Total shareholders’ equity  $2,997,078  $2,961,566  $2,956,495  3,167,694  3,040,073  Subtract: Goodwill  (57,315)  (57,315)  (57,315)  (57,315)  (57,315)  Subtract: Other intangible assets, net  (11,548)  (11,254)  (10,750)  (10,458)  (10,166)  Subtract: Preferred Sock  (125,980)  (125,980)  (125,980)  (321,118)  (195,138)  Tangible common equity  $2,802,235  $2,767,017  $2,762,450  $2,778,803  $2,777,454  Total shareholders’ equity to total assets ratio  9.47%  9.49%  9.39%  9.98%  9.48%  Tangible Common Equity ratio  8.88%  8.88%  8.79%  8.77%  8.68%  (dollars in thousands)  3Q18  Common equity Tier 1 (CET1)  $2,846,417  Subtract: Adjustment related to capital components  (2,785)  Common equity Tier 1 (fully phased-in)  $2,843,632      Total risk-weighted assets  $28,701,637  Total risk-weighted assets (fully phased-in)  $28,808,199  Common equity Tier 1 (CET1) ratio  9.92%  Common equity Tier 1 (CET1) ratio (fully phased-in)  9.87%