Wholesale Banking - Positioned for Growth
Allowance for Credit Losses (ACL)
ACL1: $B and Coverage Ratios²
Highlights
■ ACL increased $415 million
quarter-over-quarter, related to:
-
124 126 122
108 103
103
97 93
87
85
86
86 87 87 89 bps
74
$9.2 $9.4
$8.9
$7.9
$8.0 $7.7
$8.2
■ United States
$7.3 $7.1
$6.9 $6.9
$7.4 $7.5 $7.6 $7.8
-
■Canada
59% 60%
59%
$5.3
62%
58% 58%
57% 57% 57% 57%
59% 57% 58% 57%
57%
61%
38%
39%
41% 40% 41% 42% 42% 43% 43% 43% 43% 41% 43% 42% 43% 43%
A $214 million impact from
foreign exchange,
Current credit conditions,
including:
- Some credit migration
Volume growth
Q1/20
Q2/20
Q3/20
Q4/20
Q1/21
ACL1 by Asset Type: $B
■ Q3/23
■ Q4/23
Q1/22
Q2/22
Q3/22
Q4/22
Q1/23
Q2/23
Q3/23
Q4/23
3
U.S. Strategic Card Partners' Share
$3.2 $3.3
$2.4 $2.6
$1.8 $1.9
$0.4 $0.4
$0.9 $1.0
Residential
Mortgages
Performing ($B)
0.32 0.35
Consumer
instalment and
other personal
1.6 1.7
Credit Card
Business &
Government
Total
4
Impaired ($B)
0.06 0.06
0.2
0.2
2.2 2.3
0.3 0.3
2.7 2.8
6.8
7.2
0.5 0.5
1.0
1.0
Ratio² (bps)
12
13
85
87
647 667
=4
94
96
96
87
89
$7.8
$8.2
$0.9 $1.0
■ The Bank's allowance coverage
remains elevated to account for
ongoing uncertainty that could
affect:
The economic trajectory, and
Credit performance
25
25
TDView entire presentation