Investor Presentaiton
APPENDIX 7 | OTHER
Other Segment Summary Results - Q1 2024
($MM)
Adjusted Results
(1)
Q1 24
Q4 23
Q1 23
TEB
Revenues
(75)
(79)
(57)
Non-Interest Expenses
31
51
48
Pre-Tax / Pre-Provisions (2)
(106)
(130)
(105)
PCL
(4)
2
(1)
Pre-Tax Income
(102)
(132)
(104)
Net Income
(71)
(91)
(69)
Reported Results
Q1 24
Revenues
(185)
Q4 23
(244)
Q1 23
(187)
Non-Interest Expenses
31
69
48
Pre-Tax/ Pre-Provisions (2)
(216)
(313)
(235)
PCL
(4)
2
(1)
Pre-Tax Income
(212)
Net Income
(71)
(315)
(104)
(234)
(93)
Reported net income in prior year included
$24MM of income taxes related to the
Canadian government's 2022 tax measures
Adjusted net income of $(71) MM in Q1/24,
relatively in line vs. last year
(1) On a taxable equivalent basis, and excluding specified items when applicable, which are non-GAAP financial measures. See slides 2 and 32.
(2) Pre-Tax Pre-Provision earnings (PTPP) refers to Income before provisions for credit losses and income taxes.
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