Exhibit 99.2

Computation of Consolidated Ratio of Earnings

($ in million)	IFRS
	Q1, 2020		2019		2018		2017		2016		2015
Excluding interest on deposits
Earnings
Income from continuing operations before income taxes		2,797		11,270		11,106		10,276		9,398		9,066
less: gain from investees		91		650		559		407		414		405
		2,706		10,620		10,547		9,869		8,984		8,661
Fixed charges		515		1,894		1,475		1,147		1,251		1,255
Earnings		3,221		12,514		12,022		11,016		10,253		9,916
Fixed charges
Interest expense		515		1,736		1,332		1,014		1,123		1,125
Estimate of the interest within rental expense		—		158		143		133		128		130
Fixed charges		515		1,894		1,475		1,147		1,251		1,255
Preference security dividend requirements(1)		30		233		238		161		166		147
Fixed charges and preferred dividends		545		2,127		1,713		1,308		1,417		1,402
Ratio of earnings to fixed charges		6.25		6.61		8.15		9.60		8.18		7.90
Ratio of earnings to fixed charges and preferred dividends		5.91		5.88		7.02		8.42		7.22		7.07
Including interest on deposits
Earnings
Income from continuing operations before income taxes		2,797		11,270		11,106		10,276		9,398		9,066
less: gain from investees		91		650		559		407		414		405
		2,706		10,620		10,547		9,869		8,984		8,661
Fixed charges		3,844		15,765		12,019		9,025		8,044		7,325
Earnings		6,550		26,385		22,566		18,894		17,028		15,986
Fixed charges
Interest expense		3,844		15,607		11,876		8,892		7,916		7,195
Estimate of the interest within rental expense		—		158		143		133		128		130
Fixed charges		3,844		15,765		12,019		9,025		8,044		7,325
Preference security dividend requirements(1)		30		233		238		161		166		147
Fixed charges and preferred dividends		3,874		15,998		12,257		9,186		8,210		7,472
Ratio of earnings to fixed charges		1.70		1.67		1.88		2.09		2.12		2.18
Ratio of earnings to fixed charges and preferred dividends		1.69		1.65		1.84		2.06		2.07		2.14

Note (1) Preference security dividend requirements include the amount of pre-tax earnings that is required to pay the dividends on outstanding preference securities.