Q3 2016 Trading Results and Provisions for Credit Losses
International Banking
1
Net Income ($MM)
504
485
505
527
500
IIIII
Q3/15
Q4/15
Q1/16 Q2/16 Q3/16
•
.
•
•
Average Assets ($B)
Net Interest Margin (%)
143 145 140
135
4.77
4.79.
129
4.70
4.69
4.57
Q3/15 Q4/15 Q1/16 Q2/16 Q3/16
Q3/15 Q4/15 Q1/16 Q2/16 Q3/16
(1)
Attributable to equity holders of the Bank
9
Year-over-Year Highlights
Net Income up 9%
Strong loan, deposit and fee growth
Positive operating leverage
Loans up 9% and deposits up 15%
•
Ex. FX translation, loans up 11% (Latin
America up 14%) and deposits up 17%
NIM up 2 bps
PCL loss ratio improved by 1 bp
Expenses up 4%
•
Business volume and inflationary
increases
Impact of higher costs from acquisitions
was largely offset by the positive impact
of foreign currency translation
Operating leverage of +2.8% YTD
Strong volume growth and
operating leverage
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