COVID-19 Business Impact Presentation
Net Write-Offs by Business Line
NET WRITE-OFFS ($MM)1,2 AND NET WRITE-OFFS RATIO 1, 2, 3
50 bps
50 bps
49 bps
54 bps
47 bps
827
745
749
27
732
•
716
4
8
13
21
256
257
260
265
233
544
462
484
481
454
YEAR-OVER-YEAR HIGHLIGHTS
Net write-offs¹ were down 11% Q/Q and up 2%
Y/Y
Higher write-offs in Canadian Banking
mostly offset by lower write-offs in
International Banking and Global
Banking and Markets
Net write-offs ratio declined 7 bps Q/Q and 3
bps Y/Y
Q2/19
Q3/19
Q4/19
Q1/20
Q2/20
International Banking
Canadian Banking
Global Banking and Markets
Net Write-Off Ratio by
Business Line (bps) 1, 2, 3
Q2/19
Q3/19
Q4/19
Q1/20
Q2/20
Canadian Banking
International Banking
29
30
30
29
31
127
127
128
147
124
Global Banking and Markets
Global Wealth Management
9
1
3
11
All Bank
50
50
50
49
49
54
54
47
2 Prior to Q1/20, amounts for Global Wealth Management Retail were included in Canadian Banking Retail
3 As a percentage of average net loans and acceptances
1 Net write-offs are net of recoveries
22
22View entire presentation