Financial Markets Summary Q4 2022
PROVISIONS FOR CREDIT LOSSES
PCL Q4 2022
($MM)
POCI
Performing
I Impaired (excl. POCI)
Total (bps)
17
11
1
-9
$87
$29
$57
$7
($2)
($41)
$2
$33
$69
$8
$19
$24
$28
$17
($11)
($34)
($27)
($58)
($2)
(SMM)
Q4 21
Q1 22
Q2 22
Q3 22
Q4 22
2-226
FY 2022 Full Year PCL
Impaired (excl. POCI): 7 bps; Performing: 0 bps
Impaired PCLs (excl. POCI) continue to be
below pre-pandemic levels in both retail and
non-retail portfolios
Q4 Total PCL
■ PCL of $87M (17 bps), reflecting continued
strong performance and portfolio mix
Q4 PCL on Impaired Loans (excl. POCI)
■ $69M (13 bps)
■ Financial Markets: driven by 2 files
■ ABA: deferrals expiry
Q4 PCL on Performing Loans
☐
PCL build of $29M (6 bps) driven by scenario
updates, portfolio growth and migration
■ Retail: $11M
■ Non-retail: $17M
Personal
15
17
Commercial
(1)
Wealth Management
1
Financial Market
2
(1)
53=1
72
17
19
24
11
(3)
(1)
1
1
(25)
27
USSF&I
2
6
11
11
20
PCL on impaired
19
24
28
17
69
(excl. POCI)
POCI (1)
(2)
8
2
7
(11)
PCL on performing
(58)
(34)
(27)
33
29
FY 2023 Outlook for Impaired PCLs
Total PCL
(41)
(2)
3
57
87
Return to pre-pandemic 15 - 25 bps range
14 |
■ USSF&I: $1M
(1) Purchased or Originated Credit Impaired.View entire presentation