2022 Full Year Results
CPBS - BancWest - 2022
Continued good business activity
•
Sustained business drive
Loans: +3.8%¹ vs. 2021, increase in mortgage and corporate loans
Deposits: -6.0%² vs. 2021, decrease in customer deposits³ (-6.0%²) and
in money-market deposits
Private Banking: $18.7bn in assets under management as of 31.12.22
(+1.2% vs. 30.09.22)
Closing of the sale to BMO Financial Group on 1 February 2023
Revenues: €2,731m
(+0.2% vs. 2021)
• +2.3% excluding the impact of non-recurring
items in 2021
• Increase in net interest income with the
improvement in the margin and the increase in
loan volumes
• Good performance in banking fees
Loans1
+3.8%
56
58
$bn
2021
2022
Operating expenses4: €2,061m
(+8.5% vs. 2021)
Pre-tax income5: €660m
(-24.1% vs. 2021)
•
Increase due particularly to targeted
projects (+4.3% excluding costs
linked directly to the sale)
•
Increase in cost of risk
(reminder: release of
provisions in 2021)
1. At constant scope and exchange rates excluding Paycheck Protection Program loans; 2. At constant scope and exchange rates; 3. Deposits excluding treasury activities; 4. Including 100% of Private Banking;
BNP PARIBAS
The bank for a changing world
5. Including 2/3 of Private Banking
2022 Full Year Results | 36View entire presentation