Investor Presentation
Credit Performance
TOTAL ACLs¹ ($MM) AND ACL RATIO²
116 bps
125 bps 125 bps
109 bps
96 bps
•
86 bps
80 bps
75 bps
7,403 19
7,820 21 7,810
-409
•
-24
377
395 6,893 23
-325 6,232,22
2,648
2,655
2,551
-234
288 5,731 23 5,583 -20 5,375,20
217
2,580
169
2,476
2,255
2,075
1,918
4,456
4,742
4,736
3,965
3,446
3,219
3,271
3,268
•
Q3/20
Q4/20 Q1/21 Q2/21
Q3/21
Q4/21 Q1/22
Q2/22
International Banking Canadian Banking Global Banking and Markets Global Wealth Management
TOTAL PCLs ($MM)³ AND PCL RATIO4
136 bps
73 bps
49 bps
33 bps
24 bps
10 bps
13 bps
13 bps
2,181
149 -1
752
1,131
-3
330 62
1,278
736
764 4
215 20
525
496
145
396
380
339
69
168
314
222
219 1
274 (35) 276
(43)
(2)
\(27)
(1)
(96)
(50)
(16)
(1)
(12)
(46)
Q3/20
Q4/20
Q1/21
Q2/21 Q3/21 Q4/21 Q1/22 Q2/22
■International Banking
■Canadian Banking
Global Banking and Markets
3
■GWM/Other
HIGHLIGHTS
Strong balance sheet with total ACLs of $5.4 billion
Performing loan ACLs decreased 5% Q/Q
Improvement in credit quality primarily in
the retail portfolios
Strong loan growth and a less favourable
macroeconomic forecast
Total ACL ratio of 75 bps
○
Highly secured retail portfolio
(Canada 95%; International - 71%)
Strong, investment grade corporate loan
book
HIGHLIGHTS
Total PCL ratio of 13 bps, unchanged Q/Q, continues
to reflect low formations and improvement in credit
quality
1 Includes ACLs on off-balance sheet exposures and ACLs on acceptances and other financial assets
2 ACL ratio defined as period end total ACLs (excluding debt securities and deposits with financial institutions) divided by gross loans and acceptances
3 Other includes provisions for credit losses in Global Wealth Management of $1 million (Q3/20: $1 million, Q4/20: $3 million, Q1/21: $4 million, Q2/21: -$2 million, Q3/21: -1$ million, Q4/21: $1 million, Q1/22: -$1 million)
4 Refer to page 51 of the Management's Discussion & Analysis in the Bank's Second Quarter 2022 Report to Shareholders, available on http://www.sedar.com, for an explanation of the composition of the measure. Such 44
explanation is incorporated by reference heretoView entire presentation