Financial Overview and Sector Exposure slide image

Financial Overview and Sector Exposure

APPENDIX 5 | US SPECIALTY FINANCE & INTERNATIONAL ■ Continued growth with revenues up 33% YoY, loans up 38% and deposits up 28% USSF&I Summary Results Q1 2022 ($MM) ABA Bank Summary Results Revenues - ABA Bank Q1 22 Q4 21 Q1 21 QoQ YoY 158 139 119 14% 33% Non-Interest Expenses 47 45 44 4% 7% Pre-Tax / Pre-Provisions 111 94 75 18% 48% PCL 4 3 2 Net Income 85 72 57 18% 49% Credigy Avg Loans & Receivables 6,516 5,890 4,713 11% 38% Avg Deposits 7,896 7,351 6,175 7% 28% Efficiency Ratio (%) 29.7% 32.4% 37.0% Number of clients ('000) 1,469 1,360 1,050 Credigy Summary Results Q1 22 Q4 21 Q1 21 QoQ YOY Revenues 126 100 155 26% (19%) Non-Interest Expenses 33 30 39 10% (15%) Pre-Tax / Pre-Provisions 93 70 116 33% (20%) PCL 14 16 Net Income 62 55 79 13% (22%) Avg Assets C$ 8,025 7,829 7,448 3% 8% Avg Assets US$ 6,313 6,238 5,810 1% 9% Efficiency Ratio (%) 26.2% 30.0% 25.2% Revenues up 26% QoQ: Strong portfolio performance in the quarter Q4/21 reflected performance fees to partners on overperforming portfolios ■ Revenues down YoY; prior year results included a $26MM gain following the opportunistic sale of a portfolio 21
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