Colombian Economy & Banking Sector Analysis
Leading Bank in the Americas¹
Core markets: Canada, US, Mexico, Peru, Chile and Colombia
9th largest bank by assets¹ in the Americas
Mexico
(BBB)
#5 Bank
Peru
(BBB+)
#3 Bank
Q2 2020
Full-Service,
Universal Bank
Scotiabank2
YTD
Change
YTD/YTD
Canada
(AAA)
#3 Bank
Canada
Revenue
Net Income
$15,945MM
+5%
$3,715MM
(18%)
Mexico
Return on Equity
11.1%
(260 bps)
Peru
Chile
Operating Leverage
-1.0%
n.a.
United States
Colombia
Productivity Ratio
53.7%
+50 bps
(AA+)
Caribbean
Top 15 FBO
Uruguay
Total Assets
$1.25T
+18%
Colombia
(BBB-)
Ranking by Market Share³
#6 Bank
Wholesale
Operations
Canada
#3
USMCA
USA
USA
Top 15 FBO
UK
Mexico
#5
Singapore
Australia
PAC
Ireland
Hong Kong SAR
Peru
Chile
Colombia
#3
#3
#6
China
Brazil
Chile
(A+)
South Korea
Malaysia
Earnings by
Market2,4
Other-
C&CA
#3 Bank
India
Japan
8%
5%
PAC
21%
1 Ranking by asset as at May 22, 2020, Bloomberg; 2 Adjusted for acquisition and divestiture-related amounts, impact of
additional pessimistic scenario in ACLS, Derivative Valuation Adjustment, and impairment charge on software asset; ³ Ranking
based on market share in loans as of March 2020 for PAC (incl. M&A), as of January 2020 in Canada for publically traded banks;
4 Adjusted net income attributable to equity holders of the Bank for the 6 months ended April 30, 2020
57% Canada
9%
U.S.A
5View entire presentation