Financial Markets Summary Q4 2022
APPENDIX 9 | OTHER
Other Segment Summary Results - Q4 2022
Q4 21
23
■ Revenues for the Other segment averaged
$(60)MM per quarter in the second half of 2022
reflecting lower investment gains and treasury
revenues
Top-line will remain challenged in FY 2023;
Q4/22 expected to be the trough
Higher non-interest expenses QoQ on higher
variable compensation
($MM)
Adjusted Results (1)
Revenues
Q4 22
Q3 22
(85)
(34)
Non-Interest Expenses
110
85
117
-
Pre-Tax / Pre-Provisions (2)
(195)
(119)
(94)
PCL
Pre-Tax Income
1
1
(196)
(120)
Net Income
(148)
(95)
(94)
(62)
Reported Results
Q4 22
Q3 22
Q4 21
Revenues
(180)
(105)
(18)
Non-Interest Expenses
110
85
126
Pre-Tax / Pre-Provisions (2)
(290)
(190)
(144)
PCL
Pre-Tax Income
1
1
(291)
Net Income
(148)
(191)
(95)
(144)
(69)
(1) On a taxable equivalent basis, and excluding specified items when applicable, which are non-GAAP financial measures. See slides 2 and 39.
(2) Pre-Tax Pre-Provision earnings (PTPP) refers to Income before provisions for credit losses and income taxes.
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