Investor Presentaiton
4Q21 - IFS - Personal Finance
4Q21
4Q20
4Q21 /
3Q21
4Q21 /
2021
2020
2021 /
Єm
Revenues
Operating Expenses and Dep.
4Q20
3Q21
2020
1,294
1,365
-5.2%
1,271
+1.9%
5,216
5,485
-4.9%
-710
-687
+3.4%
-644
+10.3%
-2,817
-2,756
+2.2%
Gross Operating Income
584
678
-13.8%
627
-6.8%
2,399
2,729
-12.1%
Cost of Risk
-346
-581
-40.4%
-303
+14.2%
-1,314
-1,997
-34.2%
Operating Income
238
97
n.s.
324
-26.5%
1,085
732
+48.1%
Share of Earnings of Equity-Method Entities
22
-4
n.s.
16
+37.2%
53
6
n.s.
Other Non Operating Items
-2
-60
-96.3%
36
n.s.
25
-67
n.s.
Pre-Tax Income
258
33
n.s.
376
-31.3%
1,163
672
+73.1%
Cost/Income
54.9%
50.3%
+4.6 pt
50.7%
+4.2 pt
54.0%
50.2%
+3.8 pt
Allocated Equity (bn)
7.7
7.9
-2.6%
At constant scope and exchange rates vs. 4Q20
•
•
•
Revenues: -5.4%, decrease due mainly to the impact of non-recurring items, despite the
recovery in production
Operating expenses: +3.4%, increase driven up by the support in recovery in business
activity and the launch of new strategic partnerships
Pre-tax income: x3.2, very sharp increase driven mainly by the strong decrease in the cost
of risk and a significant contribution from associates and other non operating items
BNP PARIBAS
The bank for a changing world
2021 Full Year Results | 75View entire presentation