Investor Presentaiton slide image

Investor Presentaiton

International Banking $MM Q2/21 Y/Y1 Q/Q¹ Reported Net Income² $420 203% 12% Pre-Tax, Pre-Provision Profit $1,084 (5%) (4%) Revenue $2,378 (6%) (5%) Expenses $1,294 (6%) (5%) PCLS $396 (59%) (22%) Productivity Ratio 54.4% 30 bps (34 bps) Net Interest Margin 3.95% (33 bps) (8 bps) PCL Ratio³ 118 bps (160 bps) (31 bps) PCL Ratio Impaired Loans³ 281 bps 136 bps 131 bps Adjusted4 Net Income² $429 165% 11% Pre-Tax, Pre-Provision Profit $1,095 (8%) (4%) Expenses $1,283 (4%) (5%) PCLs $396 (59%) (22%) Productivity Ratio 53.9% 146 bps (30 bps) • 1Y/Y and Q/Q growth rates (%) are on a constant dollar basis, while metrics and change in bps are on a reported basis 2 Attributable to equity holders of the Bank 3 Includes provision for credit losses on certain assets - loans, acceptances and off-balance sheet exposures 4 Refer to Non-GAAP Measures on slide 37 for adjusted results • • YEAR-OVER-YEAR HIGHLIGHTS1 Adjusted net income 2,4 +165% (+11% Q/Q) 。 PCLs down 59% supported by improved credit quality Revenues down 6% (-5% Q/Q) o Lower non-interest income and margin compression NIM down 33 bps (-8 bps Q/Q) o Business mix changes, impact of liquidity and rate cuts Loans down 2% (up 1% Q/Q driven by commercial and mortgages) o Pacific Alliance Loan Growth 。 Mortgages +8% (+2% Q/Q) o Credit cards and personal loans -10% (-3% Q/Q) o Commercial loans -1% (+1% Q/Q) Adjusted expenses4 down 4% YTD adjusted operative leverage4 of -2.3% • Q2/21 adjusted PTPP4 down 8% (-4% Q/Q) ADJUSTED NET INCOME 24 ($MM) AND NIM (%) 4.28% 3.99% 3.97% 4.03% 3.95% 398 429 283 197 53 Q2/20 Q3/20 Q4/20 Q1/21 Q2/21 10
View entire presentation