Investor Presentaiton
GLOBAL BANKING AND INVESTOR SOLUTIONS RESULTS
Revenues
+14.2% vs. Q4 21
Operating expenses
+4.8% vs. Q4 21
C/I ratio (¹) excl. SRF (2)
61.1% in Q4 22
In EURM
Net banking income
Q422
Q421
Variation
2022
2021
Variation
2,452
2,147
Operating expenses
(1,469)
(1,402)
Underlying operating expenses (1)
(1,654) (1,523)
+14.2% +14.7%*
+4.8% +5.4%* (6,634)
+8.6%
10,082
8,818
+14.3% +12.9%*
(6,250)
+6.1%
+6.2%*
+9.2%* (6,634)
(6,250)
+6.1%
+6.2%*
Gross operating income
983
745
+31.9%
+32.2%* 3,448
2,568
+34.3%
+28.8%*
Underlying gross operating income (1)
798
624
+27.8%
+28.2%* 3,448
2,568
+34.3%
+28.8%*
Net cost of risk
(78)
x 26.0
x 102.8*
(421)
(65)
x 6.5
x 6.1*
Operating income
905
742
+22.0%
+21.9%* 3,027
2,503
+20.9%
+16.0%*
Reported Group net income
754
621
+21.4% +21.4%* 2,427
2,018
+20.3%
+15.6%*
Underlying Group net income (1)
611
528
+15.8%
+15.7%*
2,427
2,018
+20.3% +15.6%*
RONE
19.1%
16.8%
16.3%
14.4%
Underlying RONE (¹)
15.5%
14.3%
16.3%
14.4%
2022 RONE 16.3% (1) (19.5% (1) excl. SRF (2))
(1) Underlying data: adjusted for exceptional items and IFRIC 21 linearisation (see Supplement), (2) Single Resolution Fund
* When adjusted for changes in Group structure and at constant exchange rates
NB: excluding Private Banking activities as per Q1 22 restatement (France and International). Excludes other businesses transferred following the disposal of Lyxor
SOCIETE
GENERALE
4TH QUARTER AND FULL YEAR 2022 RESULTS 18 FEBRUARY 2023View entire presentation