Scotiabank Track Record
Our Businesses - Canadian Banking
Personal & Commercial Banking, Wealth and Insurance
Business Overview
Full suite of financial advice and banking solutions to retail, small
business and commercial customers
•
Investment, pension and insurance advice and solutions.
•
Revenue mix: retail (57%), wealth (27%), commercial (16%)
Business Performance
Q1 2017 Highlights
•
49% of consolidated net income
•
Net income up 12% Y/Y
•
Higher NIMs (+4 bps Y/Y)
.
Average loan mix: residential mortgage (62%), personal & credit card
loans (24%), business and government loans & acceptances (14%)
Strong growth in retail chequing and
savings deposits
•
Solid loan volumes
•
Positive operating leverage of 4.9% (¹)
2017 Priorities
Q1 2017 Key Data
In C$
•
Deliver an excellent customer experience across our businesses and
channels
• Optimizing our business mix by growing higher margin assets, building
core deposits, and earning higher fee income
• Reduce structural costs to build the capacity to invest in our
businesses and technology
Total Loans (avg.)
Total Deposits (avg.)
$309B
$232B
Net Income
Productivity Ratio
Branches
$981MM
51.1%
# of Employees
975
25,449
Net Income ($m)
•
Enhance our digital offering and e-commerce capabilities to drive
digital sales and engagement
1000
977(2)
981
954
930
950
900
875
850
800
(1)
€2
Adjusting for the real estate gains this quarter, operating leverage is 3.3%
(2) Includes gain on sale of a non-core lease financing business of $100 million after-tax
13
Q1/16 Q2/16 Q3/16 Q4/16 Q1/17
Scotiabank®View entire presentation