International Retail Loans and Provisions
Q4 2015 Financial Performance
$ millions, except EPS
Q4/15 Q/Q
Y/Y1
Net Income
$1,843
+8%
•
Diluted EPS
$1.45
+10%
Revenues²
Expenses
Productivity Ratio
$6,198
$3,286 -1% +4%
53.0% -50bps -30bps
-1%
+5%
Highlights
Adjusted diluted EPS growth of 10%
Y/Y1
Adjusted revenue growth of 5% Y/Y1
•
Solid asset growth in Canadian Banking
and International Banking
•
Core Banking Margin² 2.35% -5bps -4bps
•
Dividends Per Common Share
+$0.02
+$0.02
$0.70
$0.68 $0.68
$0.66
$0.66
Q4/14
.
Q1/15 Q2/15
Q3/15
Q4/15
•
Announced dividend increase
(1)
Excludes notable items of $265 million after-tax in Q4/14 - (See Appendix - Notable Items)
(2)
Taxable equivalent basis
6
Positive impact of FX translation
Higher banking fees and wealth
management revenues, partly offset by
lower contribution from investment
banking, and reduced net gains on
investment securities
Adjusted expenses up 4% Y/Y1
Negative impact of FX translation
Technology related expenditures and
marketing costs
Reorganization costs
Partly offset by lower salaries and benefits
Adjusted operating leverage of -0.7% in
20151
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