Third Quarter 2022 Results
Commercial, Personal Banking & Services - 3Q22
Strong increase in results and positive jaws effect
Good business drive
•
•
•
Loans: +8.3% vs. 3Q21, good growth in all businesses, increase in loans to
individual and corporates
Deposits: +7.1% vs. 3Q21, strong increase across all customer segments
Private banking: very strong net asset inflows (+€3.2bn) particularly in France
New Digital Businesses: Fast pace of account openings at Nickel (~54,000
per month¹) and ongoing roll-out in Europe with launches in Belgium and
Portugal
Ongoing digitalisation of uses and processes
•
~279 million monthly connexions to the mobile apps² (+24.3% vs. 3Q21)
•
New technologies: agreement to acquire the fintech Kantox³ (automation of
foreign exchange currency risk platform for corporates) in partnership with
Global Markets
Loans
+8.3%
€bn
680
628
94
83
146
EM & BancWest
137
Specialised
Businesses
407
441
Euro zone
C&PB
3Q21
Deposits
3Q22
€bn
+7.1%
656
612
111
28
EM & BancWest
118
31
Specialised
Businesses
473
508
Euro zone
C&PB
Revenues: €7,110m
(+9.6% vs. 3Q21)
•
Good performance of Commercial &
Personal Banking (+7.2%)
• Very strong growth at Specialised
Businesses (+14.7%)
Operating expenses: €4,330m
(+7.0% vs. 3Q21)
• +4.5% at constant scope and exchange
rates
.
Positive jaws effect (+2.6 pts)
3Q21
3Q22
Pre-tax income5: €2,092m
(+8.6% vs. 3Q21)
1. On average in 3Q22 in France and Spain; 2. Perimeter: individuals, professional and private banking customers of commercial and digital banks, Nickel and Personal Finance;
3. Acquisition subject to regulatory approval; 4. Including 100% of Private Banking including PEL/CEL effects; 5. Including 2/3 of Private Banking including PEL/CEL effects
BNP PARIBAS
The bank for a changing world
Third quarter 2022 results | 25View entire presentation