Investor Presentaiton
Continuous and strong value creation throughout the cycle
Pay-out ratio of 60%
Steady increase in net tangible book value per
share: €78.7
+€5.5 (+7.4%) vs. 31.12.20
Increase in pay-out ratio in 2021
Pay-out ratio of 60%2
€
2008-2021 CAGR¹: +5.2%
82.3
79.0
88.0
9.4
73.9 75.1 74.7
9.1
70.9
9.3
78.7
65.0
66.6
10.0 9.9
63.1
10.6
73.2
10.7
69.7
57.1
55.6
10.0 10.9
65.1 64.8
10.7
63.3
51.9
60.2
45.7
11.7
55.7
11.5
55.0
11.1
52.4
45.4
13.7
44.1
40.8
32.0
CAGR: +7.2%
Total amount distributed: €5.4bn
•
Dividend²: €3.67 per share
Paid out in cash
50% of net income²
Dividend yield: 5.8%³
Share buyback programme: €900m
•
Executed between 1 November 2021 and
6 December 2021
15.5m4 shares cancelled on 31.12.2021
.
Equivalent to 10% of net income
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Tangible net asset value per share
1. Of net book value per share; 2. Subject to the approval of the General Meeting of 17 May 2022, detached on 23 May 2022, paid out on 25 May 2022;
3. Based on the share price of 31 January 2022 (€63.00); 4. See 7 December 2021 press release
BNP PARIBAS
The bank for a changing world
2021 Full Year Results | 13View entire presentation