Investor Presentaiton
PCLs - Impaired and Performing
YEAR-OVER-YEAR
HIGHLIGHTS
Lower PCLs driven mainly by lower performing PCLs.
Total PCLs of $496 million was down 73% and 35%
Q/Q
O Performing PCLs net reversal of $696 million
Release driven by a more favourable credit
quality and macroeconomic outlook and
migration
Impaired PCLs of $1,192 million was driven
largely by International Retail Banking due to
expiring deferrals
QUARTER-OVER-QUARTER
•
.
Impaired PCLs increased $430 million, driven largely
by International Retail Banking
Performing PCLs declined $698 million due to the
more favourable credit quality and macroeconomic
outlook and migration to stage 3 PCL to support
higher write-offs
PCLs ($MM)
Q2/20 Q3/20 Q4/20 Q1/21 Q2/21
All-Bank
Impaired 870
Performing 9761
Total 1,8461
928 835
1,2531 2961
2,1811
1,1311 764
762
2
1,192
•
(696)
496
Canadian Banking
Impaired 313
317
238
214
242
Performing
357
435
92
1
(97)
Total
670
752
330
215
145
International Banking
Impaired 531
573
561
528
941
Performing 4881
705
1751
(3)
(545)
Total 1,0191 1,278
7361
525
396
Global Wealth Management
Impaired 1
1
5
(3)
Performing
1
11
Total
2
11
23
(1)
1
(2)
Global Banking and Markets
Impaired
Performing 130
Total 155
25
38
38
34
15
12
1111
281
5
(55)
1491
621
20
(43)
Other
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1
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1 Includes provision for credit losses on debt securities and deposit with banks in International Banking (Q1/20: -$1 million, Q2/20: $1 million, Q4/20: -$1 million), in Global Banking and
Markets (Q3/20: $1 million, Q4/20: -$1 million), in Global Wealth Management (Q3/20: -$1 million) and in Other (Q1/20: $1 million, Q2/20: -$2 million, Q4/20: $2 million)
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