COVID-19 Business Impact Presentation
PCLs - Impaired and Performing
PCLs ($MM)
Q2/19 Q3/19 Q4/19 Q1/20² Q2/20
All-Bank
Impaired 700
Performing 221,2
776
744
802
870
•
(63)1
91
(31)1
9761
Total
7222
713
753
771
1,846
Canadian Banking
Impaired
233
257
255
258
313
Performing
201
(16)1
(8)
(8)
357
Total
2531
2411
247
250
670
International Banking
Impaired
472
522
477
508
531
Performing
51,2
(46)1
251
(5)1
4881
Total
4771,2
4761
5021
5031
1,019
Global Wealth Management
Impaired
(1)
Performing
(1)
-
Total
(1)
(1)
1
2
Global Banking and Markets
Impaired
(5)
(2)
12
36
25
Performing
(1)
(2)
(8)1
(18)
130
Total
(6)
(4)
41
18
155
Other (Performing)
(1)1
11
_1
_1
1
YEAR-OVER-YEAR HIGHLIGHTS
Higher PCLs driven mainly by higher
performing PCL. Total PCLs1 of $1,846 million
were up 156% Y/Y and up 139% Q/Q
Impaired PCL of $870 million up 24%
Y/Y reflecting higher impaired PCL in
Canadian Banking, International
Banking and Global Banking and
Markets
• Performing PCL of $976 million versus
$22 million last year driven by
unfavourable macroeconomic outlook
due to COVID-19 related events and
market conditions in oil & gas
1Includes provision for credit losses on debt securities and deposit with banks of $nil million in Canadian Banking (Q2/19: -$1 million, Q3/19: -$1 million), $1 million in International Banking (Q2/19: -$1
million, Q3/19: $1 million, Q4/19: -$3 million, Q1/20: -$1 million), $nil million in Global Banking and Markets (Q4/19: -$1 million) and -$2 million in Other (Q2/19: $1 million, Q4/19: $1 million, Q1/20: $1 million)
2 Refer to Non-GAAP Measures on Slide 44 for adjusted results
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