Fourth Quarter 2018 Investor Presentation
Medium-Term Financial Objectives¹
2018 results met or exceeded medium-term objectives
METRICS
OBJECTIVES
FY2018 RESULTS2
(Y/Y Change)
ALL BANK
EPS Growth
7%+
+9%
ROE
14%+
14.9%
Operating Leverage
Positive
3.7%
Capital
Strong Levels
11.1%
OTHER FINANCIAL OBJECTIVES
Dividend Payout Ratio
40%-50%
47.7%
CANADIAN BANKING
Net Income Growth
7%+
+8%
Productivity Ratio
<49% (by 2020)
49.3%
INTERNATIONAL BANKING
Net Income Growth³
9%+
Productivity Ratio
<51% (by 2020)
+16%
52.4%
13-5 year objectives. 2Adjusted for Acquisition-related costs, including integration and amortization costs related to current acquisitions, amortization of intangibles related to
current and past acquisitions and the Day 1 PCL impact on acquired performing loans in Q3/18; 3On a constant dollar basis
Scotiabank®
7View entire presentation