Third Quarter 2022 Results
Commercial, Personal Banking & Services - 9M22
€m
Commercial, Personal Banking & Services
Revenues
Operating Expenses and Dep.
Gross Operating Income
Cost of Risk
Operating Income
Share of Earnings of Equity-Method Entities
Other Non Operating Items
Pre-Tax Income
1
Income Attributable to Wealth and Asset Management
Pre-Tax Income of Commercial, Personal Banking & Services
Cost/Income
Allocated Equity (€bn, year to date; including 2/3 of Private Banking in France, Belgium, Italy,
Luxembourg, Poland, Turkey, the United States and Germany)
3Q22
3Q21
3Q22 /
2Q22
3Q22 /
9M22
9M21
9M22 /
3Q21
2Q22
9M21
7,110
6,485
+9.6%
7,184
-1.0%
21,273
19,382
+9.8%
-4,330
-4,046
+7.0%
-4,263
+1.6%
-13,442
-12,656
+6.2%
2,780
2,439
+14.0%
2,921
-4.8%
7,831
6,726
+16.4%
-730
-639
+14.2%
-645
+13.1%
-1,776
-2,001
-11.2%
2,050
1,800
+13.9%
2,275
-9.9%
6,055
4,724
+28.2%
120
92
+30.5%
157
-23.4%
364
217
+67.9%
5
104
-95.3%
32
-84.5%
43
58
-27.0%
2,175
1,996
+9.0%
2,464
-11.7%
6,461
4,999
+29.2%
-83
-70
+18.2%
-86
-3.9%
-231
-201
+14.6%
2,092
1,926
+8.6%
2,378
-12.0%
6,231
4,798
+29.9%
60.9%
62.4%
-1.5 pt
59.3%
+1.6 pt
63.2%
65.3%
-2.1 pt
47.0
43.3
+8.5%
1. Including 100% of Private Banking in France, Belgium, Italy, Luxembourg, Poland, Turkey, the United States and Germany for the Revenues to Pre-tax income line items
Revenues: +9.8% vs. 9M21
•
Very strong performance in Commercial & Personal Banking driven by the increase in net interest income and fees
Strong increase at Specialised Businesses with very good growth at Arval, a steep increase at Leasing Solutions, and a
good level of revenues at Personal Finance
Operating expenses: +6.2% vs. 9M21, increase driven by the growth in business activity and scope effects for
Commercial & Personal Banking and Specialised Businesses - positive jaws effect (+3.6 pts)
Pre-tax income: +29.9% vs. 9M21
Strong increase in GOI (+16.4%) and decrease in the cost of risk (-11.2%) particularly in 1Q22 with releases of BancWest
provisions
BNP PARIBAS
The bank for a changing world
Third quarter 2022 results | 52View entire presentation