Q2 F2023 - Bank of the West Contribution & Financial Results
Canadian Personal & Commercial Banking - Balances¹
Average Gross Loans & Acceptances ($B)
Average Deposits ($B)
261.3
268.3
310.0
312.7
284.7
128.1
129.3
118.5
237.6
187.6
181.3
161.6
6.2
6.4
5.8
59.3
58.7
55.3
10.6
10.8
8.9
96.2
105.9
107.5
76.0
80.0
80.7
Q2'22
Q1'23
Q2'23
Q2'22
Q1'23
Q2'23
■Commercial
■Consumer Loans
Residential Mortgages
■Credit Cards
Business Banking
Average Loans up 10% Y/Y and 1% Q/Q
-
Proprietary mortgages and amortizing HELOC up 10% Y/Y
and 1% Q/Q
Cards up 22% Y/Y and 2% Q/Q
Business Banking up 10% Y/Y and up 4% Q/Q
Commercial² up 12% Y/Y and 2% Q/Q
As at loans up 8% Y/Y and 1% Q/Q
■Commercial Deposits
Personal & Business Banking Deposits
Average deposits up 13% Y/Y and 3% Q/Q
Personal & Business Banking deposits up 16% Y/Y and 3%
Q/Q
.
Chequing and Savings down 9% Y/Y and down 4% Q/Q
•
Term up 61% Y/Y and 12% Q/Q
Commercial deposits up 6% Y/Y and 1% Q/Q
•
As at deposits up 12% Y/Y and 3% Q/Q
1 Commercial lending excludes commercial and small business cards. Commercial and small business cards balances represented 13% of total credit card portfolio in Q2'22, Q1'23 and Q2'23
BMOM
Financial Results May 24, 2023
•
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