Scotiabank Financial Review Q2 2019

INTERNATIONAL BANKING - PACIFIC ALLIANCE Continue to deliver strong results across the Pacific Alliance countries 1, 2, 3 FINANCIAL PERFORMANCE AND METRICS ($MM) Q2/19 Q1/19 Q2/18 Q/Q Y/Y Revenue ($MM) 2,179 2,192 1,723 -3%5 +28% Expenses ($MM) 1,010 1,006 806 -2% +27% Net Income ($MM) 496 568 448 -15%5 +11% NIM 4.65% 4.61% 4.98% +4bps (33bps) Productivity Ratio 46.4% 45.9% 46.7% +46bps (37bps) 18% Colombia 29% Chile REVENUE $2.2B GEOGRAPHIC DISTRIBUTION4 7% 27% Colombia Mexico 26% 28% Chile Peru NET INCOME $496MM 11% 28% Colombia Mexico AVG EARNING ASSETS 28% Mexico $130B 37% 40% 21% Chile Peru Peru 1 Attributable to equity holders of the Bank 2 Y/Y and Q/Q growth rates (%) are on a constant dollars basis, while metrics and change in bps are on a reported basis 3 Adjusted for Acquisition-related costs, including Day 1 PCL impact on acquired performing loans, integration and amortization costs related to current acquisitions, and amortization of intangibles related to current and past acquisitions 4 For the 3 months ended April 30, 2019 5 Excluding benefit of alignment of reporting period in Peru in Q1'19 Revenues flat Q/Q, and Net Income down (8%) Q/Q on a constant basis Scotiabank® 31

View entire presentation