Investor Presentaiton
INTERNATIONAL RETAIL BANKING AND FINANCIAL SERVICES
QUARTERLY RESULTS
International Retail Banking
Insurance
Financial Services
Total
In EURM
Q422
Q421
Change
Q422
Q421
Change
Q422
Q421
Change
Q422
Q421
Change
Net banking income
1,280
1,311
+8.3%*
263
243
+10.6%*
826
605
+37.9%*
2,369
2,159
+17.4%*
Operating expenses
(681)
(753)
+4.7%*
(91)
(86)
+11.2%*
(328)
(249)
+27.6%*
(1,100)
(1,088)
+10.9%*
Gross operating income
599
558
+12.6%*
172
157
+10.3%*
498
356
+45.0%*
1,269
1,071
+23.4%*
Net cost of risk
(114)
(89)
+60.5%*
0
0
n/s
(19)
(7)
x 2.5*
(133)
(96)
+68.3%*
Operating income
485
469
+5.1%*
172
157
+10.3%*
479
349
+42.9%*
1,136
975
+19.7%*
Net profits or losses from other assets
(1)
8
n/s
0
(1)
+100.0%*
0
1
-100.0%*
(1)
8
n/s
Income tax
(122)
(113)
+9.1%*
(44)
(44)
+0.7%*
(108)
(81)
+38.5%*
(274)
(238)
+17.7%*
Group net income
236
252
-5.0%*
127
112
+14.0%*
295
220
+40.4%*
658
584
+16.1%*
C/I ratio
53%
57%
35%
35%
40%
41%
46%
50%
Average allocated capital
5,398
5,958
2,127
2,068
2,968
2,479
10,531
10,523
* When adjusted for changes in Group structure and at constant exchange rates (excluding disposed Russian activities)
SOCIETE
GENERALE
4TH QUARTER AND FULL YEAR 2022 RESULTS 18 FEBRUARY 2023View entire presentation