Financial Performance and Digital Progress Update slide image

Financial Performance and Digital Progress Update

Gross Impaired Loans and Net Write-offs GILS ($MM) AND GIL RATIO1 74 bps 64 bps 62 bps 65 bps 67 bps 70 bps 60 bps 58 bps 5,104 5,305 5,487 5,726 32 4,786 4,435 23 19 4,264 32 231 4,252 32 168 904 27 917 130 18 156 18 97 141 120 95 1,079 1,157 1,332 1,440 824 771 3,268 3,240 3,324 3,695 3,866 4,005 4,041 4,157 Q1/22 Q2/22 Q3/22 Q4/22 Q1/23 Q2/23 Q3/23 Q4/23 HIGHLIGHTS GILs increased $239 million Q/Q but remain below pre- pandemic levels driven by new formations in Retail Banking and International Commercial 。 Canadian Banking: Higher Q/Q driven by new retail formations mainly in mortgages and auto 。 International Banking: Higher Q/Q driven by new retail formations mostly in Peru and new formations in Commercial primarily in Chile real estate NET WRITE-OFFS ($MM) AND NET WRITE-OFFS RATIO1 34 bps 35 bps 27 bps 29 bps 29 bps 25 bps 21 bps 24 bps 656 681 563 552 8 457 462 229 249 3 422 4 5 385 4 3 184 200 139 155 144 132 HIGHLIGHTS Net write-offs increased 1 bp Q/Q driven by higher write- offs mostly in Canada Auto and higher write offs in Commercial 432 438 371 351 311 274 283 302 (33) (5) (6) Q1/22 Q2/22 Q3/22 Q4/22 Q1/23 Q2/23 Q3/23 Q4/23 International Banking Canadian Banking Global Banking and Markets Global Wealth Management 1 Refer to page 136 of the Management's Discussion & Analysis in the Bank's 2023 Annual Report, available on http://www.sedarplus.ca, for an explanation of the composition of the measure. Such explanation is incorporated by reference hereto 16
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