Investor Presentaiton
PRUDENT PROVISIONING IN UNCERTAIN ECONOMIC ENVIRONMENT
Strong Performing ACL Coverage
Performing ACL / LTM PCL on impaired loans
Q2 19
Q1 20 Q2 20
Total ACL consistent with portfolio positioning
Total ACL over total loans excluding FVTPL
Q2 19
Q1 20
Q2 20
Total Bank
1.7x
1.8x
2.8x
Total Bank
0.52%
0.51%
0.77%
Total Bank x-USSF&I
2.2x
2.1x
3.0x
Retail x-USSF&I
0.45%
0.45%
0.59%
Consistent Reserve Build
Total PCL Net charge-off ($MM)
2018
2019
YTD 2020
Non-Retail x-USSF&I 0.62% 0.61%
1.07%
Total allowances cover >4X NCOs
Total ACL over LTM net charge-off
Q2 19 Q1 20
Q2 20
Total Bank
2.6x
2.6x
4.1x
Total Bank
$5
$48
$455
Total Bank x-USSF&I
$28
$61
$440
Total Bank x-USSF&I
4.0x
3.2x
4.9x
Note: Performing ACL includes allowances on drawn ($801M), undrawn ($140M) and other assets ($37M).
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