Financial Overview and Sector Exposure slide image

Financial Overview and Sector Exposure

GROSS IMPAIRED LOANS AND FORMATIONS Gross Impaired Loans (1) (GIL) ($MM) 45 42 39 36 32 $757 $731 $699 $662 $608 $463 $470 $450 $406 $339 $242 $208 $193 $192 $188 $52 $53 $56 $64 $81 Q1 21 Q2 21 Q3 21 Q4 21 Q1 22 USSF&I Retail Non-Retail GIL ratio (bps) Net Formations (2) by Business Segment ($MM) Q1 22 Q4 21 Q3 21 Q2 21 Q1 21 Personal 20 14 10 (8) (20) Commercial Financial Markets 10 (2) 7 (37) (18) (10) (31) (17) 54 41 Wealth Management - 10 6 (1) Credigy ABA Bank 5 2 4 6 6 Total GIL Net Formations 15 40 8 3 1 (1) 1 7 22 22 7 ■ Gross impaired loans of 32bps ($608M), a decline of 4bps QoQ and 13bps YoY ■ Net formations of $40 million Slow normalization of formations in Personal New formations in Commercial related mainly to one account; offset by repayments in Financial Markets Increase in ABA's new formations following the end of moratoriums (1) Under IFRS 9, impaired loans are all loans classified in stage 3 of the expected credit loss model. Impaired loans presented in this table do not take into account purchased or originated credit-impaired loans. (2) Formations include new accounts, disbursements, principal repayments, and exchange rate fluctuation; net of write-offs. 14
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