Investor Presentaiton
Canadian Banking:
Strong Y/Y Performance in Wealth Management
1,805
Revenues (TEB)
Year-over-Year
($ millions)
■ Retail & Small Business
1,951
1,971
1,201
1,192
1,125
407
409
388
292
343
370
Q3/09
Q2/10
Q3/10
Retail & Small Business
■Commercial Banking
Wealth Management
Scotiabank
+ Asset and deposit growth
+ Higher credit card revenues
■ Commercial Banking
+ Deposit growth
+ Higher fee based revenues and securities gains
■ Wealth Management
+ Increased contributions from CI & DW (including
positive adjustment)
+ Growth in interest income and mutual fund fees
Quarter-over-Quarter
+ Asset and deposit growth
+ Higher wealth management contribution from Cl
and DW, higher fees
- Lower margin
Canadian Banking: Volume Growth
Average Balances
($ billions)
Q3/10
Q2/10 Q3/09
Y/Y
Q/Q
Residential Mortgages (1)
130.9
126.8
119.9
11.0
4.1
Personal Loans
38.5
38.0
35.6
2.9
0.5
Credit Cards (2)
9.1
9.2
9.2
(0.1)
(0.1)
Business Loans &
24.7
24.1
25.0
(0.3)
0.6
Acceptances
Personal Deposits (3)
105.6
104.6
93.8
11.8
1.0
Non-Personal Deposits
58.5
57.7
52.5
6.0
0.8
Wealth Mgmt. AUA (Spot)
147.6
148.9
126.8
20.8
(1.3)
(1) Before securitization
(2) Includes ScotiaLine VISA
(3) Effective November 1, 2009, $10 billion of broker sourced deposits were transferred from the Other segment into Canadian Banking.
Scotiabank
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