International Banking Volume Growth and Sector Highlights
GLOBAL BANKING AND MARKETS
Higher contributions from equities and improved credit performance
FINANCIAL PERFORMANCE AND METRICS¹ ($MM)
Q4/17
Y/Y
Q/Q
Revenue $1,089
-7%
-3%
Expenses
$569
+7%
+7%
PCLS
$8
-79%
-67%
Net Income
$391
-15%
-11%
•
Productivity Ratio
52.3%
+690bps
+490bps
Net Interest Margin
1.88%
+10bps
+12bp
PCL Ratio 0.04%
-15bps
-7bps
NET INCOME¹ AND TRADING INCOME² ($MM)
548
518
YEAR-OVER-YEAR HIGHLIGHTS
Net Income down 15%
。 Higher equities and Canadian corporate banking
o More than offset by lower results in fixed income,
precious metals and negative impact of foreign
currency translation
PCL ratio improved by 15 bps
。 Lower provisions in U.S., Asia and Canada
Expenses up 7%
o Regulatory and compliance costs
o Technology investments
。 Partly offset by lower performance-related and share-
based compensation
423
448
299
461
469
517
441
391
Q4/16
Q1/17
Q2/17
Q3/17
Q4/17
1 Attributable to equity holders of the Bank
2 Trading income on an all-bank basis
⑤Scotiabank® | 12View entire presentation