Financial Markets Summary Q4 2022
APPENDIX 14 | PRUDENT PROVISIONING IN UNCERTAIN ECONOMIC ENVIRONMENT
Strong Performing ACL Coverage
Performing ACL / LTM PCL on Impaired Loans
1.8x
2.8x
6.0x
4.8x
7.8x
9.7x
Total Allowances Cover 5.9X NCOs
Total ACL/LTM Net Charge-Offs
7.9x
6.7x
6.1x 6.2x
5.9x
6.4x
5.4x
2.6x
Q1 20
Q4 20 Q4 21
Q1 22
Total Bank
Q2 22
Q3 22 Q4 22
Q1 20 Q4 20 Q4 21
Q1 22
Q2 22
Q3 22
Q4 22
Total Bank
Performing ACL movement
Strong Total ACL Coverage
Peak Build
Total ACL/Total Loans (excl. POCI and FVTPL)
Q1 20
Q4 21
Q3 22
Q4 22
Cumulative Release
--- -
-38%
-35%
Mortgages
0.15%
0.20%
0.22%
0.28%
-45%
-43%
-50%
Credit Cards
7.14%
7.35%
6.90%
6.91%
Total Retail
0.53%
0.49%
0.49%
0.53%
Total Non-Retail
0.58%
1.04%
0.76%
0.72%
Total Bank
0.56%
0.72%
0.61%
0.62%
Q1 20
Q4 20
Q4 21 Q1 22
Q2 22
Q3 22 Q4 22
33|
Note: Performing ACL includes allowances on drawn ($714M), undrawn ($143M) and other assets ($33M)View entire presentation