Canadian and International Banking Performance Overview
Canadian Banking:
Strong Y/Y Performance in Wealth Management
1,886
Revenues (TEB)
($ millions)
1,971
Year-over-Year
■ Retail & Small Business
1,974
+ Asset growth
1,192
1,221
1,199
409
399
365
322
370
354
Q4/09
Q3/10
Retail & Small Business
Commercial Banking
Wealth Management
Scotiabank
Q4/10
+ Higher net interest income
■ Commercial Banking
+ Lower PCLS
+ Higher fee based revenues and securities gains
■ Wealth Management
+ Significant asset growth
+ Increased contributions from CI & DW
Quarter-over-Quarter
+ Asset and deposit growth
Non-recurring positive items in Q3
Canadian Banking: Volume Growth
Average Balances
($ billions)
Q4/10
Q3/10
Q4/09
Y/Y
Q/Q
Residential Mortgages (1)
134.2
130.9
122.9
11.3
3.3
Personal Loans
39.0
38.5
36.9
2.1
0.5
Credit Cards (2)
9.0
9.1
9.3
(0.3)
(0.1)
Business Loans &
24.7
24.7
23.6
1.1
0
Acceptances
Personal Deposits (3)
106.9
105.6
93.5
13.4
1.3
Non-Personal Deposits
58.9
58.5
54.1
4.8
0.4
Wealth Mgmt. AUA (Spot)
156.5
147.6
136.8
19.7
8.9
(1) Before securitization
(2) Includes ScotiaLine VISA
(3) Effective November 1, 2009, $10 billion of broker sourced deposits were transferred from the Other segment into Canadian Banking.
Scotiabank
33
34View entire presentation