Economic Backdrop and Financial Performance Objectives
U.S.
19%
Canada
75%
Personal
Loans
11%
Prudent risk management
A disciplined approach and diversification have underpinned credit quality
Loan Book Diversified by Portfolio (1)
Credit Cards
3%
_Small
Business
2%
PCL Ratio on Impaired Loans (bps) (2)
Wholesale
35%
Residential
Mortgages
49%
422022505
35
30
PCL ratio on
impaired loans
Average historical actual
loss rate (3) 30 bps
31
25
23
21
24
17
15
11
12
8
9
10
7
16
9
8
Breakdown by Region of Total Loans and Acceptances (1)
Other
International
6%
Breakdown of Canadian Total Loans and Acceptances (1)
Manitoba/
Sask.
5%
Atlantic
5%
(1) Loans and acceptances outstanding as at January 31, 2024. Does not include letters of credit or guarantees. (2) PCL on impaired loans represents Stage 3 PCL under IFRS 9 and PCL on impaired loans under IAS 39. Stage 3 PCL
under IFRS 9 is comprised of lifetime credit losses of credit-impaired loans, acceptances and commitments. (3) Average annual actual loss rate from fiscal 2003 through to the most recent full year. The information is updated on an
annual basis and is based on consolidated results.
26 RISK REVIEW
RBC
Q2/2021
Quebec
12%
Alberta
12%
Ontario
49%
B.C. and
Territories
17%
Q3/2021
Q4/2021
Q1/2022
Q2/2022
Q3/2022
Q4/2022
Q1/2023
Q2/2023
Q3/2023
Q4/2023
Q1/2024View entire presentation