Quarterly Financial Performance
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Business Segment Performance: Other (¹)
Income Statement - Taxable Equivalent Basis (TEB)-($ millions)
Net interest income (TEB)(2)
Non-interest income (TEB) (2) (3) (4)
Total revenue (TEB)(²)
Provision for credit losses
Non-interest expenses (4)
Income before taxes
Income tax expense/(recovery) (TEB)(2)
Reported net income
Adjusting items (after-tax)(5)
Adjusted net income (5)
03
Q3
2023
22
Q2
2022
2021
Q1
Q4
Q3
Q2
Q1
Q4
Year-To-Date
Full Year
03
Q3
2023
2022
2022
2021
(550)
(474)
(383)
(245)
(49)
98
(101)
(135)
(328)
(410)
(154)
(86)
ེན
20
78
(1,407)
65
(180)
242
(64)
(5)
(66)
(564)
(304)
(714)
91
(651)
(609)
(711)
(655)
(203)
12
(48)
15
12
(1,971)
(239)
(894)
333
(1)
4
(1)
4
3
(1)
22
70
4
274
60
111
124
346
99
96
295
569
700
(673)
(679)
(715)
(928)
(267)
(99)
(172)
(330)
(87)
(2,067)
(538)
(1,466)
(366)
(374)
(356)
198
(325)
(215)
(89)
(105)
(155)
(81)
(532)
(409)
(734)
(362)
(299)
(323)
(913)
(603)
(52)
(10)
(67)
(175)
(6)
(1,535)
(129)
(732)
(4)
579
504
139
579
504
139
(299)
(323)
(334)
(99)
(52)
(10)
(67)
(36)
(6)
(956)
(129)
(228)
135
Reported net income attributable to non-controlling interests
Reported net income attributable to equity holders of the Bank
(11)
1
(10)
(299)
(323)
(913)
(603)
(52)
(10)
(67)
(164)
(7)
(1,535)
(129)
(732)
6
Adjusted net income attributable to non-controlling interests (5)
Adjusted net income attributable to equity holders of the Bank(5)
Average Balances ($ billions)
1
(1)
1
1
(299)
(323)
(334)
(100)
(52)
(10)
(67)
(35)
(7)
(956)
(129)
(229)
135
Total assets
Total liabilities
183.0
179.2
187.2
175.4
172.6
173.4
155.1
143.4
143.1
183.7
166.0
168.0
152.4
272.7
278.2
282.8
277.3
262.4
269.2
246.6
206.1
193.0
278.6
258.5
262.7
193.8
Additional Information ($ millions) (2)
Net interest income TEB adjustment
Non-interest income TEB adjustment
Total revenue TEB adjustment
Income tax expense TEB adjustment
(1) Represents smaller operating segments including Group Treasury and corporate adjustments.
9
10
10
12
11
10
9
7
5
29
30
42
22
110
109
110
87
81
82
83
84
69
329
246
333
288
119
119
120
99
92
92
92
91
74
358
276
375
310
(119)
(119)
(120)
(99)
(92)
(92)
(92)
(91)
(74)
(358)
(276)
(375)
(310)
(2) The Bank analyzes revenues on a taxable equivalent basis (TEB) for the main operating segments. The elimination of the TEB gross-up is recorded in the Other segment. The results of the Consolidated Bank are presented on a non-TEB basis. Please refer to the MD&A for details of the TEB methodology.
(3) Includes net loss on divestitures and wind-down of operations.
(4) Includes elimination of fees paid to Canadian Banking by Canadian Wealth Management for administrative support and other services provided by Canadian Banking to the Global Wealth Management businesses. These are reported as revenues in Canadian Banking and operating expenses in Global Wealth
Management.
(5) Refer to Non-GAAP Measures on Notes Pages 1-3 of the Supplementary Financial Information Report.
Supplementary Financial Information (SFI)
9
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