Third Quarter 2022 Results
CPBS - Commercial & Personal Banking in Luxembourg - 9M22
€m
Commercial & Personal Banking in Luxembourg
Revenues
incl. net interest income
incl. fees
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
Income Attributable to Wealth and Asset Management
Pre-Tax Income of Commercial & Personal Banking in Luxembourg
Cost/Income
Allocated Equity (Єbn, year to date; including 2/3 of Private Banking in Luxembourg)
3Q22
3Q21
3Q22 /
3Q21
2Q22
3Q22 /
9M22
9M21
9M22 /
2Q22
9M21
116
107
+8.4%
114
94
86
+9.3%
90
+2.2%
+4.3%
22
21
+4.7%
24
-6.0%
-62
-62
+0.3%
-66
-4.9%
-208
54
45
+19.5%
48
+11.9%
3
-7
n.s.
3
-7.5%
56
38
+48.1%
51
+10.8%
, £ - ៩៩ ៨ ន ៩
345
314
+9.8%
252
+7.8%
62 +17.8%
-205
+1.7%
136
109
+25.0%
-5
n.s.
104
+41.7%
0
0
n.s.
0
-40.5%
0
0
n.s.
1
0
n.s.
0
n.s.
3
0
n.s.
58
38
+51.0%
51
+13.6%
150
104
+44.2%
-1
-2
-22.0%
-2
-22.1%
-5
-4
+4.4%
56
37
+54.0%
49
+14.8%
145
100
+45.9%
53.8%
58.1%
-4.3 pt
57.8%
-4.0 pt
60.4%
65.3%
-4.9 pt
0.8
0.7
+11.5%
1. Including 100% of Private Banking in Luxembourg for the Revenues to Pre-tax Income line items
Revenues: +8.4% vs. 3Q21; +9.8% vs. 9M21
•
Net interest income: +9.3% vs. 3Q21;
+7.8% vs. 9M21, increase driven by higher
volumes and good performance of margins
on corporate clients
Fees: +4.7% vs. 3Q21; +17.8% vs. 9M21,
increase driven by banking fees and
corporate clients
Operating expenses: +0.3% vs. 3Q21;
+1.7% vs. 9M21, control of operating
expenses and very positive jaws effect
(+8.1 pts in 9M22)
Pre-tax income: +54.0% vs. 3Q21;
+45.9% vs. 9M21, favourable impact of
the cost of risk
BNP PARIBAS
The bank for a changing world
Third quarter 2022 results | 59View entire presentation