Canadian Personal & Commercial Banking - Financial Results
Provision for Credit Losses (PCL)
PCL By Operating Group
($MM)
Q3'23
Q2'23
Q3'22
$
bps
$
bps
$
bps
Personal & Business Banking
174
33
163
32
94
19
Q3'23 PCL ratio on Impaired Loans¹ is 21
bps, up 5 bps Q/Q
PCL on Impaired Loans ($MM)
Commercial Banking
35
13
10
4
10
4
Total Canadian P&C
209
26
173
23
104
14
Personal & Business Banking
55
41
41
32
1
2
333
243
192
196
Commercial Banking
64
16
25
9
21
7
104
Total U.S. P&C
119
23
66
66
12
22
22
7
Q3'22
Q4'22
Q1'23
Q2'23
Q3'23
BMO Wealth Management
1
1
1
2
2
2
BMO Capital Markets
1
0
0
1
(22)
(13)
Corporate Services
3
n.m.
3
n.m.
(2)
n.m.
PCL Ratio (bps)
Reported
65
PCL on Impaired Loans
333
21
243
16
104
8
PCL on Performing Loans
159
10
780
50
32
2
30
Adjusted³
Total PCL - Reported
492
30
1,023
65
136
10
16
15
20
10
21
8
14
14
16
Q3'22
Q4'22
Q1'23
Q2'23
Q3'23
PCL on Impaired Loans'
Total PCL²
n.m. stands for not meaningful
1 Provision for credit losses on impaired loans over average net loan and acceptances, annualized and expressed in basis points
2 Provision for credit losses on total loans over average net loan and acceptances, annualized and expressed in basis points
3 Adjusted results and measures are non-GAAP, see slide 37 for more information and slide 38 for adjustments to reported results
BMOM
Risk Review August 29, 2023
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