Credit Suisse Capital Metrics and Core Results 9M16
International Wealth Management
Private Banking and Asset Management
3Q16 results
Private Banking Adjusted key financials in CHF mn
Asset Management Adjusted key financials in CHF mn
3Q16
2Q16
3Q15 A 2Q16 A 3Q15
3Q16
2Q16
3Q15 A 2Q16 A 3Q15
Net interest income
326
304
259
+7%
+26%
Management fees
218
220
224
(1)%
(3)%
Recurring commissions & fees
267
273
292
(2)%
(9)%
Performance & placement rev.
41
42
35
(2)% +17%
Transaction- and perf.-based
197
236
235
(17)%
(16)%
Investment & partnership inc.
33
72
49 (54)% (33)%
Other revenues
(1)
(2)
(1)
Net revenues
292
334
308
(13)% (5)%
Net revenues
789
811
785
(3)%
+1%
Total operating expenses
241
271
267
(11)% (10)%
Provision for credit losses
16
11
Pre-tax income
51
63
41
(19)% +24%
Total operating expenses
599
598
568
Pre-tax income
190
197
206
(4)%
+5%
(8)%
Cost/income ratio
83%
81%
87%
Cost/income ratio
76%
74%
72%
Key metrics in CHF bn
Key metrics in CHF bn
3Q16
2Q16 3Q15
A 2016 A 3Q15
3Q16
2Q16
3Q15 A 2Q16 A 3Q15
Adj. net margin in bps
25
27
28
Net new assets
5.0
3.5
5.6
Net new assets
4.4
5.4
1.7
Assets under management
324
315
315
+3%
+3%
Assets under management
311
299
287
+4%
+9%
Net loans
43
43
41
+5%
Number of RM
1,160
1,170
1,190
(10)
(30)
Note: Adjusted results are non-GAAP financial measures. A reconciliation to reported results is included in the Appendix
CREDIT SUISSE
November 2016
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