Investor Presentaiton
Q4 2022 Business Line Performance
Reported Basis
Pre-Tax, Pre-Provision
Revenues
Revenues
$MM
Profit (PTPP)1
Pre-Tax, Pre-Provision Operating
Profit (PTPP)1
Leverage²
Q4/22
Y/Y
Q4/22
Y/Y
FY22
Y/Y
FY22
Y/Y
FY22
Canadian Banking
$3,134
11%
$1,737
10%
$12,030
10%
$6,642
12%
1.6%
International Banking
$2,504
8%3
$1,140
8%3
$9,727
1%3
$4,515
3%3
1.9%
(Reported FX)
Global Wealth
$1,289
(4%)
$491
(6%)
$5,381
$2,122
(0.1%)
Management
Global Banking and
Markets
$1,354
15%
$658
12%
$5,172
3%
$2,498
(3%)
(5.8%)
Total Business Lines
$8,281
8%
$4,026
7%
$32,310
4%
$15,777
5%
0.6%
Total incl. Other
Segment
$7,626
(1%)
$3,097
(9%)
$31,416
1%
$14,314
(2%)
(2.4%)
Total incl. Other
$7,987
4%
$3,700
2%
$31,777
2%
$14,990
(1.1%)
Segment (Adjusted)4
The 4 business lines delivered solid PTPP growth of 7% Y/Y (and FY22 growth of 5%) on a reported basis:
о Revenue up 8% Y/Y from strong asset growth across all business lines
○
○
Expenses up 8% Y/Y from higher technology and personnel costs to support business growth
Positive FY22 operating leverage
Pre-Tax, Pre-Provision Profit defined as revenues less expenses. See non-GAAP reconciliations beginning on slide 43
2 Refer to page 133 of the Management's Discussion & Analysis in the Bank's 2022 Annual Report, available on http://www.sedar.com, for an explanation of the composition of the measure. Such explanation
is incorporated by reference hereto
3 On a constant currency basis, revenues increased 8% Y/Y and 4% for FY22, while PTPP increased 9% Y/Y and 7% for FY22
4 Refer to non-GAAP measures on page 17 of the Management's Discussion & Analysis in the Bank's 2022 Annual Report, available on http://www.sedar.com
25
25View entire presentation