Investor Presentation
International Banking
International Banking has a strong and diverse franchise with more than 10 million Retail, Corporate and Commercial customers.
International Banking continues to offer significant potential for the Bank, with a geographical footprint encompassing the Pacific
Alliance countries of Mexico, Colombia, Peru and Chile as well as Central America and the Caribbean.
Business Mix
Financial Results
Business
Loans
55%
Asia
2%
Q2/22
Revenue 78% Latin
Credit
Cards 5%
Q2/22
$MM
Q2/22
Constant dollar basis²,6
Q2/21 Y/Y² Q1/22
Q/Q²
Loan
Reported
Mix
America
20% $2.4B
Auto 2%
Mix1
11% $151B
C&CA
Net Income³
Pre-Tax, Pre Provision
$605
$403
50%
$547
10%
Personal
Loans
$1,139
$1,046
9%
1,128
1%
28%
Profit4
Residential
Mortgages
Revenue
$2,407
$2,310
4%
$2,441
(1%)
Expenses $1,268
$1,264
$1,313
(3%)
Reported Net Income³ ($MM) and NIMⓇ (%)
PCLs
$276
$386
(28%)
$283
(2%)
3.95%
3.72%
3.69%
3.76%
3.86%
Productivity Ratio5
Net Interest Margin
52.7%
54.4%
(170 bps)
53.6%
(90 bps)
3.86%
3.95%
(9 bps)
3.76%
10 bps
PCL Ratio 5,7
77 bps
118 bps
(41 bps)
77 bps
PCL Ratio Impaired
Loans 5,7
77 bps
281 bps
(204 bps)
81 bps
(4 bps)
605
486
528
545
420
Adjusted5
Net Income³
Pre-Tax, Pre Provision
$613
$411
49%
$555
10%
Q2/21
Medium-Term Financial Objectives
Q3/21
Q4/21
Q1/22
Q2/22
Target³
9%+
$1,149
$1,056
9%
$1,139
1%
Profit
Expenses
Productivity Ratio
$1,258
$1,254
$1,302
(3%)
52.2%
53.9%
(170 bps)
53.2%
(100 bps)
Net Income Growth 3,6
Productivity Ratio6
Operating Leverage6
<50%
Positive
1 May not add due to rounding; 2Y/Y and Q/Q growth rates (%) are on a constant dollars basis, while metrics and change in bps are on a reported basis; 3 Net income attributed to equity shareholders; 4 Pre-Tax, Pre-
Provision Profit defined as revenues less expenses; 5 Refer to page 51 of the Management's Discussion & Analysis in the Bank's Second Quarter 2022 Report to Shareholders, available on http://www.sedar.com, for an 27
explanation of the composition of the measure. Such explanation is incorporated by reference hereto; 6 Refer to non-GAAP measures on page 4 of the Management's Discussion & Analysis in the Bank's Second
Quarter 2022 Report to Shareholders, available on http://www.sedar.com; 7 Provision for credit losses on certain assets - loans, acceptances and off-balance sheet exposures; 8 3-5 year target from 2020 Investor DayView entire presentation