International Banking Revenue and Loan Growth
Q4/18
Y/Y
Q/Q
Revenue
$1,073
(1%)
Expenses
$553
(3%)
PCLS
($20)
N/A
GLOBAL BANKING AND MARKETS
Solid loan growth, strong credit quality and lower productivity ratio
FINANCIAL PERFORMANCE AND METRICS¹ ($MM)
YEAR-OVER-YEAR HIGHLIGHTS
Reported Net Income up 6%
Loans up 7%
o U.S. loans up 13%
•
(3%)
+2%
N/A
.
Net Income
$416
+6%
(6%)
NIM down 16 bps
Productivity Ratio
51.5%
(80bps) +260bps
Net Interest Margin
1.72%
PCL Ratio 2, 3
PCL Ratio on Impaired Loans², 3
(16bps) (10bps)
(0.09%) (13bps) (4bps)
(0.07%) (11bps) (1bp)
•
。 Mainly driven by lower deposit and lending margins
Expenses down 3%
Productivity ratio improved 80 bps
PCL ratio² 3 improved by 13 bps
o Impaired loan provision reversals in Europe
NET INCOME AND ROE
14.9%
391
16.2%
16.9%
15.6%
15.3%
447
441
454
416
Q4/17
Q1/18
1 Attributable to equity holders of the Bank
Q2/18
Q3/18
Q4/18
2 2018 amounts are based on IFRS 9. Prior period amounts were based on IAS 39
3 Provision for credit losses on certain assets - loans, acceptances and off-balance sheet exposures
Scotiabank®
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