Overview of Canadian Bail-in Regulations
Q1 2019 International Banking Financial Performance
Strong performance across the Pacific Alliance
FINANCIAL PERFORMANCE AND METRICS ($MM)¹
1, 2
YEAR-OVER-YEAR HIGHLIGHTS²
o Includes impact from alignment of reporting period in
Peru which contributed 6%
Strong asset and deposit growth across the Pacific
Alliance
Q1/19
Y/Y
Q/Q
•
Reported
Adjusted Net Income up 18%
Revenue $3,331
Expenses
$1,742
PCLS
$470
+22% +6%
+20% +1%
+37% +14%
Net Income
$782
+16% +10%
Productivity Ratio
52.3%
(100bps) (260bps)
Net Interest Margin
4.52%
(14bps)
PCL Ratio³
1.28%
+2bps +23bps
PCL Ratio on Impaired Loans³
Adjusted5
1.23%
(2bps) +3bps
•
Expenses
$1,702
+18%
+2%
Net Income
$805
+18%
+8%
Productivity Ratio 51.1% (180bps) (190bps)
ADJUSTED NET INCOME 1,5 ($MM) AND NIM5 (%)
4.66%
4.74%
4.70%
4.52%
4.52%
•
805
683
715
746
675
Q1/18
Q2/18
1 Attributable to equity holders of the Bank
Q3/18
Q4/18
Q1/19
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
•
•
Revenues up 22%
o Includes impact of acquisitions
o Pacific Alliance up 31% includes impact of acquisitions
Loans up 29%
o Pacific Alliance up 44% includes impact of Chile and
Colombia acquisitions
NIM down 14 bps
o Driven by the business mix impact of acquisitions (BBVA
Chile)
Expenses up 18%5
o Includes impact of acquisitions
。 Business volume growth and inflation
。 Productivity ratio improvement of 180bps5
Positive operating leverage of 4.2%5
PCLs ratio reflects stable credit quality
4 Net Interest Margin is on a reported basis
5 Adjusted for Acquisition-related costs, including integration and amortization costs related to current acquisitions, and amortization of intangibles related to current and past acquisitions
3 Provision for credit losses on certain assets - loans, acceptances and off-balance sheet exposures
Scotiabank®
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