Financial Overview and Sector Exposure
PROVISIONS FOR CREDIT LOSSES
PCL Q1 2022
($MM)
19
0
-10
-9
$81
$5
$10
$6
$2
($43)
($2)
$65
$65
($41)
$8
$34
$19
$24
■
($41)
($34)
($62)
($58)
($36)
($2)
(SMM)
Q1 21
Q2 21
Q3 21
Q4 21
POCI
Performing
Impaired
Total (bps)
Q1 22
FNIEO
Total PCL
▪ PCL recovery of $2M (0 bp), reflecting
continued strong portfolio performance
PCL on Impaired Loans
■ $24M (5bps)
■ Continued low impaired PCLs in both retail
and non-retail portfolios
PCL on Performing Loans
Release of $34M (-7bps)
■ Retail: -$5M, reflects overall continued strong
performance
■ Non-retail: -$33M, reflecting primarily updates
in portfolio quality and economic scenarios,
and portfolio growth
■ USSF&I: $4M, driven by portfolio growth in
both Credigy and ABA
FY 2022 Target Range
Personal
18
17
Commercial
19
Wealth Management
(2)
16
722
15
15
17
Financial Market
26
39
11
ENC
(1)
2
1
2
(1)
"
USSF&I
4
5
2
2
6
Impaired PCLs: 10 to 20 bps
PCL on impaired
65
65
34
19
24
POCI (1)
10
2
(36)
(2)
8
PCL on performing
6
(62)
(41)
(58)
(34)
Total PCL
81
5
(43)
(41)
(2)
(1) Purchased or Originated Credit Impaired
12 |View entire presentation