Investor Presentaiton
Global Banking and Markets
$MM
Q2/21
Y/Y
Q/Q
Reported
•
Net income -1%
Net Income¹
$517
(1%)
(5%)
Pre-Tax, Pre-Provision Profit
$624
(26%)
(14%)
Revenue
$1,257
(14%)
(6%)
Expenses
$633
3%
3%
•
PCLS
($43)
nmf
nmf
Productivity Ratio
50.3%
810 bps
430 bps
YEAR-OVER-YEAR HIGHLIGHTS
o Lower net income in Capital Markets following the wind-
down of the metals business, largely offset by a release in
provisions for credit losses.
Revenue -14%
。 Net interest income -9%
PCL Ratio²
(18 bps)
(72 bps)
(26 bps)
o Non-interest income³ -16%
PCL Ratio Impaired Loans²
5 bps
(4 bps)
(1 bp)
1 Attributable to equity holders of the Bank
2 Includes provision for credit losses on certain assets - loans, acceptances and off-balance sheet exposures
3 Refer to Non-GAAP Measures on slide 37 for adjusted results
•
Loan growth, excluding foreign exchange, +1% Q/Q
Deposits +28%
•
Expenses +3%
•
•
Productivity ratio in line with investor day guidance
PCL ratio² of -18 bps
1,3
ADJUSTED NET INCOME ¹³ ($MM) AND ROE³ (%)
15.4%
17.5%
17.3%
14.6%
17.4%
600
523
543
517
460
Q2/20
Q3/20
Q4/20
Q1/21
Q2/21
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