Investor Presentaiton
GROSS IMPAIRED LOANS AND FORMATIONS (excluding POCI)
Gross Impaired Loans (GIL) Excluding POCI Loans (1)
($MM)
$1,103
$1,024
$912
$793
$814
$397
$347
$282
$221
$231
$38
$27
$51
$14
$15
$110
$118
$138
$143
$314
$269
$296
$213
$217
$207
$208
$216
$233
$266
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
■Personal and WM
■Commercial
■Financial Markets
■Credigy
■ABA Bank
■ Gross impaired loans (excl. POCI) of $1,103M,
increase of 3 bps QoQ at 48 bps
☐
GIL excl. USSF&I (2): 31 bps (stable QoQ)
■ Net formations of $173M, increase of $1M QoQ
■ Retail: continued normalization
■ Non-retail: A few commercial files primarily in
Education & health care sector
Credigy: Normal seasoning of portfolios.
Performance matching expectations
■ ABA: Softer external demand and a slower
recovery in tourism
GIL Excluding POCI Loans (1)
Net Formations (3) Excl. POCI Loans by Business Segment
($MM)
(bps)
Q1 23
Q2 23 Q3 23 Q4 23
Q1 24
48
45
Personal
44
33
45
60
73
41
Commercial
12
6
56
28
40
38
38
Financial Markets
(29)
5
(25)
(8)
(13)
Wealth Management
(8)
(3)
1
3
(3)
31
31
30
29
29
Credigy
15
14
25
24
26
ABA Bank
(13)
10
51
65
50
Total GIL Net Formations
21
65
153
172
173
Q1 23
Q2 23
Total Bank
Q3 23
Q4 23
Q1 24
Total Bank (x-USSF&I)
(1) Represents a supplementary financial measure - see slide 2.
(2) Represents GIL excluding POCI loans and excluding GIL from our USSF&I segment.
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(3) Formations include new accounts, disbursements, principal repayments, and exchange rate fluctuation; net of write-offs.View entire presentation