1H22 Financial Performance
Final Remarks
Delivering improved profitability with consistent profits over the last 6 quarters, reflecting a solid
performance of the top-line together with efficiency measures implemented in recent years.
Expanding the loan book with business performance in line with expectations
for this first semester, despite the highly challenging environment.
Maintaining a clear profitability turnaround enabled by restructuring efforts over recent years,
delivering organic ROTE of 11.0% (pre-tax).
Total Capital at 13.9%, increasing by 1.0pp in the quarter driven by strong bottom line profitability and
specific measures to ensure compliance with normalised post-pandemic capital requirement.
On track to meet medium term financial targets announced at 2021 Capital Markets Day,
with significant improvements across all KPIs.
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