Investor Presentaiton
Canadian Banking
Net Income ($MM)
1,045
930
954
981
971
III
Q3/16 Q4/16 Q1/17 Q2/17 Q3/17
•
.
•
•
•
Year-over-Year Highlights
Net income up 12%
-
+8%, adjusting for real estate gains
Strong loan growth and margin expansion
Stable credit
Loan growth of 5%, or 6%, adjusting
for the Tangerine run-off mortgage
portfolio
Residential mortgages up 6%
Business loans up 11%
Deposits up 5%
-
-
Retail savings deposits grew 10% and
chequing accounts were up 11%
Small business and commercial banking
operating accounts grew by 10%
NIM up 3 bps
PCL ratio down 1 bp
Expenses up 4%
-
Higher investments in digital and technology
to support business growth, partially offset by
benefits realized from cost reduction initiatives
Positive YTD operating leverage of 2.5%
Strong loan growth and margin
expansion
Scotiabank®
Average Assets ($B)
Net Interest Margin (%)
.
310 313 316 318 325
6
5
2.41
4
•
2.39 2.39
2.38
2.38
303 307 311 313 321
Q3/16 Q4/16 Q1/17 Q2/17 Q3/17
Q3/16 Q4/16 Q1/17 Q2/17 Q3/17
Tangerine run-off mortgage portfolio
(1)
Attributable to equity holders of the Bank
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