Investor Presentaiton
Credit Performance
TOTAL ACLs1 ($MM) AND ACL RATIO²
•
125 bps
125 bps
109 bps
116 bps
96 bps
86 bps
82 bps
93 bps
•
7,820
7,810
409
395
7,403
377
19
'21
24 6,893 325
6,079 268
23 6,232
5,095 124
17
19
288
22
5,731 234
23
•
4,456
4,742
4,736
3,965
3,446
3,736
3,219
3,294
2,551
2,648
2,655
2,580
1,660
2,056
2,476
2,255
Q1/20 Q2/20 Q3/20 Q4/20 Q1/21 Q2/21
Q3/21
Q4/21
■Canadian Banking International Banking Global Wealth Management Global Banking and Markets
TOTAL PCLs ($MM)³,4 AND PCL RATIO5
136 bps
119 bps
•
73 bps
49 bps
51 bps
1,846 2
155
2,181 1
149
33 bps
24 bps
10 bps
•
1278
1,131
3
1019
62
771 18
764
4
736
20 496
380
503
525
168
670
752
330
250
215
396
145
(43) 339
69
(27) 314 (96)
(2)
(1)
(50)
Q1/20 Q2/20
Q3/20
Q4/20
Q1/21
Q2/21
Q3/21
Q4/21
■Canadian Banking
■International Banking
■Global Banking and Markets
4
Other
HIGHLIGHTS
$5.7 billion in total ACLS (12% above pre-pandemic levels)
Performing loan ACLs decreased 8% from the prior
quarter
Total ACL coverage ratio of 86 bps (vs. 82 bps pre-
pandemic)
HIGHLIGHTS
Total PCL ratio of 10 bps decreased 63 bps Y/Y and 14
bps Q/Q
The Q/Q improvement was mainly driven by:
о Lower impaired PCLs in International Banking
о Lower performing PCLs in Canadian Banking
1 Includes ACLs on off-balance sheet exposures and ACLs on acceptances and other financial assets
2 ACL ratio defined as period end total ACLs (excluding debt securities and deposits with financial institutions) divided by gross loans and acceptances
3 Includes provision for credit losses on other financial assets in International Banking of $1 million (Q1/20: -1$ million, Q2/20: $1 million, Q4/20: -$1 million), in Global Banking and Markets of -$1 million (Q3/20: -1$ million,
Q4/20: -$1 million, Q3/21: $1 million), nil in Global Wealth Management (Q3/20: -$1 million) and in Other of -$2 million (Q1/20: $1 million, Q2/20: -$2 million, Q4/20: $2 million)
4 Other includes provisions for credit losses in Global Wealth Management of $1 million (Q2/20: $2 million, Q3/20: $1 million, Q4/20: $3 million, Q1/21: $4 million, Q2/21: -$2 million, Q3/21: -1$ million)
5 Refer to page 141 of the Management's Discussion & Analysis in the Bank's 2021 Annual Report, available on http://www.sedar.com, for an explanation of the composition of the measure. Such explanation is
incorporated by reference hereto
15View entire presentation