Canadian Retail: Loans and Provisions Financial Overview
International Banking
International Banking has a strong and diverse franchise with more than 10 million Retail, Corporate, and Commercial customers.
International Banking continues to offer significant potential for the Bank, with a geographical footprint encompassing the Pacific
Alliance countries of Mexico, Colombia, Peru and Chile as well as Central America and the Caribbean.
Business Mix
Financial Results
Business
Loans
55%
$MM²
FY/20
FY/FY
Asia
Credit
1%
Revenue
Mix¹,
$2.5B
Reported
78% Latin
America
Cards 6% Loan Mix¹
Auto 2%
Net Income³
$980
(64%)
$146B
21%
12%
Pre-Tax, Pre Provision Profit
$4,867
(17%)
C&CA
Personal
Loans
25%
Residential
Mortgages
Revenue
$10,810 (10%)
Expenses
$5,943
(4%)
PCLS
$3,613
87%
3,6
Adjusted Net Income
($MM) and NIM (%)
Productivity Ratio
55.0%
310 bps
4.51%
4.51%
4.28%
3.99%
3.97%
Net Interest Margin4
4.18%
(36 bps)
725
PCL Ratio5
2.45%
105 bps
615
158
59
197
238
PCL Ratio Impaired Loans5
1.49%
19 bps
567
556
53
197
1
238
Adjusted5
52
Q4/19
Q1/20
Q2/20
Q3/20
Q4/20
Net Income³
$1,148
(61%)
Ex. Divested Ops
Medium-Term Financial Objectives
NIAT Growth6
Divested Ops
Net Income - Ex Divested Ops.³
Pre-Tax, Pre Provision Profit
$1,088
(51%)
$5,068
(16%)
Target?
9%+
Expenses
Productivity Ratio
$5,742
(5%)
53.1%
290 bps
Productivity Ratio
Operating Leverage
<50%
Positive
1 For the 3 months ended October 31, 2020; 2Y/Y and Q/Q growth rates (%) are on a constant dollars basis, while metrics and change in bps are on a reported basis; 3 Attributable to equity holders of the Bank; 4 Net 27
Interest Margin is on a reported basis; 5 Provision for credit losses on certain assets - loans, acceptances and off-balance sheet exposures; 6 Excluding divestiture impact; 73-5 year target from 2020 Investor DayView entire presentation