Wholesale Banking - Positioned for Growth
Q4 2023: PTPP1,2,3 & Operating Leverage
1.4
Modified for partners' share of SCP PCL, FX and Insurance Fair Value
Change
TOTAL BANK
1 2 3 4
569
Reported Results ($MM)
PTPP
PTPP (QoQ %)
PTPP (YOY %)
Revenue (YoY %)
Expenses (YoY %)
7 Operating Leverage
Q4 2023
Revenue Expenses
13,121 7,883
Q3 2023
Revenue Expenses
12,779 7,582
Q4 2022
Revenue Expenses
15,563 6,545
SFI Reference
Page 2, L3 & L6
5,238
5,197
9,018
0.8%
(3.4%)
86.7%
(41.9%)
7.6%
80.6%
(15.7%)
17.0%
42.2%
20.4%
24.4%
10.1%
-36.1%
(7.4%)
32.2%
8
Adjusted Results ($MM)1
13,185
7,243
13,013
6,953
12,247
6,430
Page 2, L16 & L17
9
Minus: U.S. Retail value in C$5
3,558
2,066
3,527
1,920
3,595
1,909
Page 10, L35 & L36
10
Plus: U.S. Retail value in US$5
2,622
1,520
2,642
1,439
2,699
1,432
Page 11, L35 & L36
11
Minus: Insurance fair value change
(10)
(50)
(64)
Page 7, L14
12
Plus: Corporate PCL7
142
113
137
Page 14, L6
13
Subtotal (Line 13)8
12,259
6,839
12,178
6,585
11,415
6,090
14
156
Line 13 PTPP
Line 13 PTPP (QoQ %)
Line 13 PTPP (YoY %)
17 Line 13 Revenue (YoY %)
5,420
5,593
5,325
(3.1%)
6.6%
1.8%
1.8%
6.9%
9.5%
7.4%
11.3%
9.6%
18
18
Line 13 Expenses (YoY %)9
12.3%
15.4%
9.8%
19 Line 13 Operating Leverage (YoY)
-4.9%
(4.1%)
(0.2%)
68
88
TDView entire presentation