Canadian Housing Market: Engineering a Soft Landing
Canadian Banking
Top 3 bank in personal & commercial banking, wealth and insurance in Canada
• Canadian Banking provides a full suite of financial advice and banking solutions, supported by an excellent
customer experience, to Retail, Small Business, Commercial Banking, and Wealth Management customers
Retail
55%
REVENUE MIX1
$3.5B
18%
Commercial
Residential
Mortgages
60%
MEDIUM-TERM FINANCIAL OBJECTIVES
Target²
2019 Q3 YTD3,4.5
AVERAGE
LOAN MIX1
$351B
Net Income Growth6
7%+
+2%
Productivity Ratio
<49%
49.4%
2%
27%
Credit Cards
21%
CB ex Wealth
<45%
45.4%
17%
Wealth
Business and
Government Loans
Personal
Loans
Wealth
<65%
61.6%
STRATEGIC OUTLOOK
•
Improve productivity towards our <49% productivity ratio target (<45% ex Wealth) by 2020 supported by positive
operating leverage
• Leverage data analytics for prudent growth in higher margin credit card and small business banking
• Increase core deposits and primary customers
1 For the three months ended July 31, 2019; 2 3-5 year target; 3 Adjusted for Acquisition-related costs, including integration and amortization costs related to current acquisitions, and amortization of intangibles related to current and
past acquisitions; 4 Reflects adoption of new accounting standard, IFRS 15; 5 For the nine months ended July 31, 2019; 6 Attributable to equity holders of the Bank
Scotiabank.
19View entire presentation