Investor Presentaiton
EXCELLENT BUSINESS PERFORMANCE IN 2022
GROUP NET INCOME
EUR 5.6bn (1) in FY 22
EUR 2.0bn reported
EUR 1.1bn (1) in Q4 22
EUR 1.2bn reported
ROTE
9.6% (1) in FY22
Record
revenues
Revenues
EUR 28.1bn +9.3% (1) vs. FY 21
Record for Financing & Advisory, Global
Markets and ALD
Strong growth for International Retail
Banking and Private Banking
Good performance by French retail
Gross operating income
EUR 10.1bn+18.9% vs. FY21
Financial targets
exceeded
Cost/income ratio
61.0% in FY22
(2).
Cost of risk
28 bps in FY22
Low defaults (17 bps)
EUR 3.8bn S1/S2 provision
CET 1
13.5%) at end Q4 22
~420 bps over MDA
Distribution
policy
2021 share buy-back
programme completed
41.7m shares repurchased (~EUR 914m)
and cancelled on 1 February 2023
2022 proposed distribution.
EUR 1.8bn
eq. EUR 2.25 (4)(5)
o/w cash dividend
per share
EUR 1.70
o/w share buy-back eq. EUR 0.55
(i.e. total amount of ~EUR 440m)
(1) Underlying data: adjusted for exceptional items (see Supplement), (2) Underlying and excluding the contribution to the Single Resolution Fund, (3) Including IFRS9 phasing, 13.3% fully-loaded, (4) Based on the number of shares outstanding as at 31st December 2022,
(5) Subject to usual approvals from the General meeting and the ECB
SOCIETE
GENERALE
4TH QUARTER AND FULL YEAR 2022 RESULTS 18 FEBRUARY 2023View entire presentation