Competing as a Strong and Independent Portuguese Bank
9M22 Financial Statements
Income Statement - Quarterly data
(€ million)
Net Interest Income
1Q21
2Q21
3Q21
4Q21
1Q22
2Q22
3Q22
▲ €mn YoY
▲ % YoY
145.7
143.5
140.9
143.2
133.5
134.5
137.9
(3.0)
(2%)
Fees and Commissions
62.8
72.8
72.3
74.6
68.8
75.6
71.3
(1.0)
(1%)
Commercial Banking Income
208.5
216.3
213.2
217.9
202.3
210.1
209.2
(4.0)
(2%)
Capital Markets Results
52.8
40.5
(59.7)
42.2
91.4
(5.6)
(17.6)
+42.1
(70%)
Other Operating Results
12.2
(41.3)
30.3
39.2
16.7
56.5
88.0
+57.7
+190%
Banking Income
273.5
215.5
183.9
299.3
310.4
261.0
279.6
+95.7
+52%
Operating Costs
102.7
101.4
101.6
102.6
103.6
105.1
105.5
+3.9
+4%
Staff Costs
58.7
58.9
57.9
57.8
55.7
56.1
57.9
+0.1
+0%
General and Administrative Costs
35.9
34.2
35.1
35.8
38.2
39.2
37.7
+2.6
+7%
Depreciation
8.1
8.2
8.6
9.0
9.8
9.8
9.9
+1.3
+15%
Net Operating Income
170.8
114.1
82.3
196.6
206.8
155.9
174.1
+91.8
+112%
Net Impairments and Provisions
61.8
27.4
70.4
193.1
21.8
(2.0)
2.7
(67.7)
(96%)
Credit
54.9
29.8
30.3
34.4
14.3
5.0
20.2
(10.1)
(33%)
Securities
0.9
15.1
1.4
30.4
11.1
30.6
2.4
+1.0
+70%
Other Assets and Contingencies
6.0
(17.5)
38.7
128.4
(3.6)
(37.6)
(19.9)
(58.6)
(151%)
Income before Taxes
109.0
86.7
11.9
3.5
185.0
157.9
171.4
+159.5
+1,343%
Corporate Income Tax
4.2
16.9
(8.1)
(28.2)
7.4
11.6
8.9
+17.0
(210%)
Special Tax on Banks
32.8
1.5
0.0
(0.1)
34.1
(0.0)
(100%)
Income after Taxes
72.0
68.4
20.0
31.8
143.5
146.4
162.5
+142.5
+714%
Non-Controlling Interests
1.3
1.4
3.6
1.4
0.9
22.3
0.9
(2.7)
(76%)
Net Income for the period
70.7
67.0
16.4
30.4
142.7
124.0
161.6
+145.3
+888%
novobanco
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