COVID-19 Business Impact Presentation
PCLs by Business Line
Higher PCL ratio driven by impact of COVID-19 and weakness in Energy
TOTAL PCLs ($MM)1, 2, 3 AND PCL RATIO²
119 bps
1,846
2
155
•
51 bps
48 bps
50 bps
51 bps
670
722
713
753
771
4
18
253
241
247
250
1,019
477
476
502
503
-6
-4
Q2/19
Q3/19
Q4/19
Q1/20
Q2/20
International Banking
Canadian Banking
Global Banking and Markets
Other
YEAR-OVER-YEAR HIGHLIGHTS
Total PCL ratio² of 119 bps, up 68 bps Q/Q, and
up 68 bps Y/Y
Higher PCL rates primarily due to higher
performing loan PCL related to the impact of
COVID-19 related events and unfavourable
market conditions in Energy
PCL Ratio by
Q2/19
Q3/19
Q4/19
Q1/20
Q2/20
Business Line (bps)
Canadian Banking
International Banking
314
284
28
282
77
1312,4
1254
1354
1362,4
2784
Global Wealth Management
6
Global Banking and Markets
All Bank
-2
512
-1
48
24
50
72
512
54
119
1 Includes provision for credit losses on debt securities and deposit with banks of $nil million in Canadian Banking (Q2/19: -$1 million, Q3/19: -$1 million), $1 million in International Banking (Q2/19: -$1 million,
Q3/19: $1 million, Q4/19: -$3 million, Q1/20: -$1 million), $nil million in Global Banking and Markets (Q4/19: -$1 million) and -$2 million in Other (Q2/19: $1 million, Q4/19: $1 million, Q1/20: $1 million)
2 Refer to Non-GAAP Measures on Slide 44 for adjusted results
3 Other includes provisions for credit losses in Global Wealth Management of $2 million (Q2/19: -$1 million, Q3/19: -$1 million)
4 Excludes provision for credit losses on debt securities and deposit with banks
17View entire presentation