Investor Presentaiton
ALLOWANCE FOR CREDIT LOSSES
Allowance for credit losses Q2 20 ($MM)
$769
Non-Retail
$345
Retail
$378
USSF&I $104
POCI ($58)
PCL
$504
($64)
57% increase in allowances QoQ
ACL Q1 20
PCL
Net charge-offs
Non-Retail
$656
Retail
$490
$1,211
Non-
Performing
$302
Performing
$978 (1)
USSF&I $134
POCI ($69)
POCI ($69)
ACL Q2 20(2)
Total Allowances:
ā
Total Allowances for Credit
Losses increased by 57% QoQ
from $769M to $1.21B
Allowances for retail lending
increased 30% reflecting our
product and geographic mix, and
allowances for non-retail lending
increased 90%
Net charge-offs were lower QoQ
at $64M
Performing Allowances:
Performing ACLs increased by
67% QoQ to $978M
Represents about 3 times
coverage of LTM impaired PCLS
Non-performing Allowances:
Increased to $302M or 39% of
GIL vs 36% of GIL last quarter
(1) Performing ACL includes allowances on drawn ($801M), undrawn ($140M) and other assets ($37M).
(2) Total ACL in Q2 20 includes $2M of FX variation.
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