Financial Performance and Digital Progress Update
Strong Capital Position
Q/Q CHANGE IN CET1 RATIO (%) 1
•
Internal capital generation, mainly from lower RWA (excluding foreign currency translation)
Share issuances through DRIP
The estimated Q1/24 impact from the adoption of the FRTB/CVA and the 2.5% increase in capital floor is approximately -75 bps
12.7%
5 bps
14 bps
11 bps
(8 bps)
16 bps
(10 bps)
(1 bp)
Q3 2023
Reported
Earnings less
dividends
RWA growth
(ex. FX)
Share issuances
(mainly DRIP)
FVOCI securities
Sale of
investment
in CTFS
Q4 restructuring,
contract termination
and other
impairments
Other
(net)
.
Internal capital generation
Q/Q CHANGE IN RISK WEIGHTED ASSETS ($BN)
Q/Q increase in RWA of $0.2 billion was primarily from foreign currency translation; partly offset by reduction in Book Size
439.8
13.0%
Q4 2023
Reported
4.7
1.0
440.0
0.5
(0.1)
(1.4)
(4.5)
Q3 2023
Reported
Book Size
Book Quality and
Model Updates
FX & Other
Market
Risk
1 This measure has been disclosed in this document in accordance with OSFI Guideline - Capital Adequacy Requirements (February 2023)
Operational
Risk
Change in Floor Add-
on
Q4 2023
Reported
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