Strong Track Record of Earnings and Dividend Growth
Canadian Banking
Top 3 bank in personal & commercial banking, wealth and insurance in Canada
• Canadian Banking provides a full suite of financial advice and banking solutions, supported by an excellent
customer experience, to Retail, Small Business, Commercial Banking, and Wealth Management customers
Retail
56%
REVENUE MIX1
$3.4B
17%
Commercial
Residential
Mortgages
61%
MEDIUM-TERM FINANCIAL OBJECTIVES
Target²
2019 YTD 3,4.5
AVERAGE
LOAN MIX 1
$344B
Net Income Growth 6
7%+
+1%
Productivity Ratio
<49%
50.0%
27%
Credit Cards
CB ex Wealth
<45%
45.9%
21%
16%
Wealth
Business and
Government Loans
Personal
Loan
Wealth
<65%
62.7%
STRATEGIC OUTLOOK
•
Improve productivity towards our <49% productivity ratio target (<45% ex Wealth) by 2020 supported by positive
operating leverage
• Integration of our recent acquisitions in Wealth: MD Financial Management ($49B AUM) and Jarislowsky Fraser
($40B AUM)
• Leverage data analytics for prudent growth in higher margin credit card and small business banking
• Increase core deposits; and primary customers
1 For the three months ended April 30, 2019; 2 3-5 year target; 3 Adjusted for Acquisition-related costs, including integration and amortization costs related to current acquisitions, and amortization of intangibles related to current and past
acquisitions; 4 Reflects adoption of new accounting standard, IFRS 15; 5 For the six months ended April 30, 2019; 6 Attributable to equity holders of the Bank
Scotiabank®
17View entire presentation