EX-99.1 2 dex991.htm VISUAL PRESENTATION Visual Presentation
C. Dowd Ritter
Chairman and Chief Executive Officer
Exhibit 99.1

2005 Performance Highlights
•
Net income (in millions)
$725.7
•
Diluted earnings per share
$2.04 
•
Return on equity
20.4%
•
Net Interest Margin
3.38%
•
Efficiency ratio
52.0%
•
Net charge-off ratio
0.27%
•
Nonperforming asset ratio
0.34%
2005

2005 Noteworthy Events
•
Hurricanes Katrina, Rita and Wilma
•
Sale of mutual fund management business
•
Regulatory compliance
•
Approvals for branch expansion

AmSouth Maintains a Leadership
Position in Attractive Markets (1Q ’06)
•
$10 billion Market Cap
•
$53 billion in Assets
•
700 Branches
•
1,200+ ATM’s
•
1.9 million Households
•
12,400 Employees

AmSouth in the Marketplace

Community Giving
•
$7.9 million in
contributions in
2005

First Quarter 2006 Performance Highlights
•
Net income (in millions)
$181.0
•
Diluted earnings per share     
$0.52
•
Return on equity
20.5%
•
Net Interest Margin
3.42%
•
Efficiency ratio
52.53
•
Net charge-off ratio
0.47%
•
Nonperforming asset ratio
0.27%

Strategic Initiatives
•
Sustain growth in Consumer Banking
•
Continue aggressive growth in Business Banking
•
Grow Commercial Banking business with improved
credit quality
•
Double contribution from Wealth Management
•
Double Florida’s contribution
•
Emphasize sales productivity, service quality and
customer retention
•
Leverage technology across all lines of business with
increasing emphasis on Internet services

Florida –
Current Operations
•
Loans:  $9.9 billion, 27% of
total company
•
Deposits:  $9.5 billion, 26% of total
company
•
Branches:  232, 34% of entire network
•
Households
–
Consumer Banking:  29% of total company
–
Business Banking:
35% of total
company

Why expand further in Florida?
•
Highest growth rate among top 10 most populous states
•
Florida’s population grows by 1,000 people each day
•
Over 250,000 new jobs created last year
•
Evolving economic diversification
•
AmSouth average Florida growth –
4Q04 to 4Q05
–
Loans:  Up 20% ($1.6 billion)
–
Deposits:  Up 21% ($1.6 billion)

Florida results from branches opened
in the last four years
$136
$535
$943
$285
$894
$1,589
$0
$200
$400
$600
$800
$1,000
$1,200
$1,400
$1,600
$1,800
2003
2004
2005
Loans  
Deposits  

2006 Branch Expansion Plan
•
64 Branches –
Full year 2006
–
First Quarter
12 –
Florida
3 –
Other high growth markets
–
Remaining quarters
42 –
Florida
7 –
Other high growth markets

$21,189
$10,275
$0
$5,000
$10,000
$15,000
$20,000
$25,000
5 Year
AmSouth
S&P 500 Index
16.2%
0.5%
AmSouth Outperforms Broader Market

$32,126
$23,830
$0
$10,000
$20,000
$30,000
$40,000
10 Year
AmSouth
S&P 500 Index
12.4%
9.1%
AmSouth Outperforms Broader Market

AmSouth Outperforms Broader Market
$772,800
$373,077
$0
$150,000
$300,000
$450,000
$600,000
$750,000
$900,000
Since 1971
AmSouth
S&P 500 Index
13.6%
11.2%

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Outstanding Record of Dividend Growth
35 Years of Higher Dividends
Current Yield = 3.8%
Mergent’s “Dividend Achiever”
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ANNUAL MEETING OF SHAREHOLDERS
April 20, 2006