Investor Presentaiton
Financial Review | Provision for Credit Losses
Provision for Credit Losses (PCL) ($MM)
24.9
2.9
Y/Y Highlights
•
PCL increased by $11.2MM mainly as a result of higher provisions on
performing loans due to volume growth and the less favourable
macroeconomic outlook
PCL as a % of average loans and acceptances increased by 11 bps
Q/Q Highlights
•
16.6
13.0
5.7
5.4
22.0
9.4
5.5
3.9
9.0
-3.6
5.5
7.5
10.9
Q3/21
Q4/21
Q1/22
Q2/22
Q3/22
PCL ($MM)
■Performing loans
24.9
1.9
■Impaired loans
•
PCL increased by $3.6MM mainly for the same reasons
•
PCL as a % of average loans and acceptances increased by 3 bps
1.0
16.6
13.0
PCL (bps)
(As a % of average loans and acceptances, in basis points)
22.0
9.4
10.0
5.4
6.5
1.4
7.2
10.0
1.4
30
18
15
11
7
-0.5
-3.3
5.1
5.2
1.5
-0.1
Q3/21
Q4/21
Q1/22
Q2/22
Q3/22
-5
-3
■Personal loans
■Residential mortgage loans
(1) Weighted-average PCL based on industry data.
■Commercial loans
Q3/21
Q4/21
4
Q1/22
Average of 6 major Canadian Banks
17
3
Q2/22
Q3/22
LBC(1)
Seeing
beyond
Voir
au-delà
numbers."
des chiffres."
22
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