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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 1995. 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 25, 2019 and Annual Report on Form 10-K for the fiscal year ended December 31, 2018. Refer to the supplemental tables in the press release and Annual Report for these reconciliations.
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
CORPORATE PROFILE Bubble data as of 12/31/18
A GREAT YEAR – IN FACT, ONE OF OUR BEST • Delivered Superior Earnings And Enhanced Profitability • Completed Acquisition Of Gibraltar Private Bank & Trust, Co. • Announced 2020 Strategic Goals • Attained Strategic Goal Metrics For Full- Year 2018 And Final Three Quarters Of 2018 • 4Q18 Net Income Available To Common Shareholders of $129.1 Million 1 Represents 2017 Net Income To Common Shareholders As Adjusted For Impact Of Tax And Jobs Act Enacted In December 2017
2018 OPERATING HIGHLIGHTS • 2018 Balance Sheet Growth Through Acquired And Organic Means 2018 Growth = 10% 2018 Growth = 12% 2018 Growth = 11% 10 YR CAGR = 19% 10 YR CAGR = 20% 10 YR CAGR = 20% CAGR = 10 Year Compound Annual Growth Rates
LOANS AND DEPOSITS DEPOSITS LOANS • Diversified Franchise Provides Significant Growth Opportunities Driven By Fast Growing And Strong Economically Uncorrelated Markets
GREAT PLACE TO WORK • Continued Development Of Our High-performing, Diverse, and Inclusive team: • Associate And Leadership • Internal Communications: Development • Board Refreshment: • Mentor Me Program • Digital Publication, The ~ New Director Rosa Sugranes • Diversity And Inclusion Quarterly Council • Associate Digital Surveys • Hired Chief Diversity Officer • Women Unlimited • Podcasts • Enhanced Training and Education • Following Enactment Of The Job Cuts And Tax Act In Late 2017, We Took Action: $2 Per Hour Pay Raise And $1,000 Cash Bonus Given To Certain Non-Exempt Associates Total Salaries Increased Between An Average Of 12% - 23% For Covered Associates Increases Benefitted Nearly 80% Of Associates
HIGH VALUE-BASED CLIENT SERVICE Continue To Adopt And Implement Tools To Provide Clients Secure, Easily Accessible Ways To Bank Anywhere At Anytime: • Online And Mobile Banking Enhancements • Information Security And Data Management • Crisis Management And Disaster Recovery • Robotic Process Automation
STRONG SENSE OF COMMUNITY Taking Care Of Our Communities Remains A Top Priority: • 14,700 Volunteer Service Hours • $131.5 Million In New Investments benefitting low to moderate income people • $8.7 Million in Charitable Contributions • 100 Community Development Loans totaling $300 Million Big Brothers Big Sisters The Youth Empowerment Project (YEP), New Orleans Big Brothers Big Sisters USTA Foundation, Atlanta, Miami, Orlando, New Orleans
SHAREHOLDER FOCUSED • Increased Common Dividends To Shareholders to $1.56 Per Share - 14% Increase In Total Common Dividends Paid • Repurchased Approximately Two Million Common Shares At A Weighted Average Price Of $75.46 Per Share • Returned Approximately 65% Of Total Earnings Through A Combination Of Common Dividends And Share Repurchases • Total Shareholder Return Since 1999 Outperforms Peers And Indices
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