First Quarter 2022 Financial Results
Canadian Uninsured Residential Mortgages
FICO score Distribution
11% 10% 11%
4% 4% 4%
≤650
27%
26%
23%
43%
45% 44%
Better current FICO score and LTV1 distributions in GVA² and
GTA² than the Canadian average
Less than 1% of this portfolio has a FICO score of 650 or
lower and an LTV1 over 75%
Average LTV1 in Canada: 48%
•
GVA²: 45%
18%
15%
15%
•
GTA²: 47%
651-700
701-750
751-800
>800
■ Canada
■GVA²
2
2
■GTA
Loan-to-value (LTV)1 Distribution
30%
28%
26%
29% 27% 28%
23%
21%
21%
19%
19%
17%
<30%
30 to <45%
45 to <60%
2
■ Canada
■ GVA
■GTA²
60 to ≤75%
2
CIBC◇
5%
3% 4%
>75%
1 LTV ratios for residential mortgages are calculated based on weighted average. See page 27 of the Q1 2022 Quarterly Report for further details.
2 GVA and GTA definitions based on regional mappings from Teranet.
First Quarter, 2022
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