Investor Presentaiton
Global Banking and Markets
Net Income ($MM)
•
Highlights
Net Income down 9% Y/Y
449
404
375
366
325
Q1/15 Q2/15 Q3/15
Q4/15 Q1/16
Average Loans² ($B) Net Interest Margin³ (%)
75 81
1.72
71 70
65
1.64 1.62 1.60 1.58
Q1/15 Q2/15 Q3/15 Q4/15 Q1/16
Q1/15 Q2/15 Q3/15 Q4/15 Q1/16
(1)
(2)
(3)
Attributable to equity holders of the Bank
Average Business & Government Loans & Acceptances
Corporate Banking only
11
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•
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Lower contributions from equity, FX
and investment banking
.
Higher PCLs, partly offset by
stronger results in precious metals
and the positive impact of FX
translation
Revenue up 2% Y/Y
Loans up 24% Y/Y, or up 10%
excluding impact of FX translation
NIM down 14 bps Y/Y
Expenses up 9% Y/Y
.
.
Excluding negative impact from FX
translation, expenses were up 4%
Higher salaries and technology
costs, partly offset by lower
performance-based compensation
Improved results
notwithstanding challenging
market conditions
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