RBC Financial Strategy and Performance
Strong underlying credit quality in our Canadian residential portfolio
Canadian Residential Mortgage Portfolio (1)
As at January 31, 2019 ($ billions)
LTV (2)
50%
46%
62%
57%
57%
57%
$118.4
■Insured Uninsured
$102.9
(38%)
$166.1
(62%)
68%
$49.2
$37.5
$32.2
69%
45%
$17.5
60%
32%
49%
55%
31%
40%
51%
$14.2
46%
54%
Ontario
B.C. &
Alberta
Quebec
Territories
Manitoba &
Sask.
Atlantic
Canadian Mortgage Portfolio
☐
☐
RBC
Average remaining amortization on mortgages of 18
years
Strong underlying quality of uninsured portfolio (2)
~49% of uninsured portfolio have a FICO score
>800
Greater Toronto Area and Greater Vancouver Area
average FICO scores are above the Canadian
average
■ Condo exposure is ~10% of residential lending
portfolio
Canadian Banking Residential Lending Portfolio (2)
As at January 31, 2019
Total ($285.6BN) Uninsured ($205.7BN)
Mortgage
HELOC
LTV (2)
GVA
GTA
Average FICO Score (2)
90+ Days Past Due(2)(3)
$246.0BN
$166.1BN
$39.6BN
$39.6BN
52%
51%
43%
43%
48%
48%
789
796
21 bps
17 bps
9 bps
7 bps
GVA
GTA
Business Segments
8 bps
7 bps
14
(1) Canadian residential mortgage portfolio of $269BN comprised of $246BN of residential mortgages, $7BN of mortgages with commercial clients ($4BN insured) and $16BN of residential
mortgages in Capital Markets held for securitization purposes. (2) Based on $246BN in residential mortgages and HELOC in Canadian Banking ($39.6BN). Based on spot balances. Totals may
not add due to rounding. (3) The 90+ day past due rate includes all accounts that are either 90 days or more past due or are in impaired status.View entire presentation