Investor Presentaiton
KBC
Sharply higher FIFV result and net other income
10
of 74
117
51
-25
■ The 60m EUR q-o-q increase in FIFV was attributable mainly to:
•
Significantly higher dealing room
Higher net result on equity instruments (insurance) & other income
partly offset by:
Negative change in ALM derivatives
Less positive credit value adjustments and negative funding value adjustments which
have been only partly offset by positive market value adjustments. The benefits of
increased yield curves, an overall increase in equity markets and decreased
counterparty credit spreads have been fully compensated by decreased KBC credit
and funding spreads
FIFV
in m EUR
Dealing room
MVA/CVA/FVA
Overlay insurance
& other income
M2M ALM/
derivatives
127
83
25
29
23
12
28
35
21
19
222
143
106
26
89
53
25
Քոլե
27
-7
1Q21
46
-52
2Q21
14
11
-33
26
-105
34
-23
27
25
-15
56
28
90
05
2725
-39
3Q21
4Q21
1Q22
2Q22
3Q22
4Q22
NET OTHER INCOME
in m EUR
90
77
53
56
54
38
44
1Q21
2Q21
3Q21
4Q21
1Q22
2Q22
-2-
3Q22
4Q22
■ Net other income amounted to 44m EUR
Somewhat lower than the normal run rate of around 50m EUR per quarter due to a
-7m EUR provision for legacy legal files in Slovakia (while 3Q22 was impacted mainly by
realised losses on the sale of bonds)
Highlights
Profit & Loss
Capital & Liquidity
Looking forward
BU & FY22 view
Company profile
KBC Strategy
Sustainability
Asset quality
MREL & FundingView entire presentation