1H22 Financial Performance
During the restructuring cycle, novobanco maintained strict discipline and, as of
2021, ensures value creation for stakeholders
Net Income
(€ million)
+€1.1bn
Interest Bearing Liabilities
(%)
185 267
Core Banking Income
(€ million)
+17%
CAGR1
+123%
-788
-2,298
-1,413
ויון!
1.48%
448
1.14%
386
395
0.73%
281
-1,059
-1,329
0.51%
0.35%
201
204
0.18% 0.21%
179
2016 2017 2018 2019 2020 2021 1H22
2016 2017 2018 2019 2020 2021 1H22
€ million 465
68
41
2016 2017 2018 2019 2020 2021 1H22
Operating Costs
-7%
CAGR1
NPLs
(€ million)
(€ million; %)
-31%
CAGR1
Real Estate Exposure
(€ million; %)
-31%
-85%
-21%
CAGR¹
-69%
591
11,288
549
10,130
487 479
432
408
6,739
209
3,430
2,498
2,670
2,490
2,035
1,133
881 824
701
1,749 1,695
2016 2017 2018 2019 2020 2021 1H22
Employees 6 096
Branches 537
4 167
304
NPL % 33.4%
2016 2017 2018 2019 2020 2021 1H22
III
2016 2017 2018 2019 2020 2021 1H22
5.7% 5.4%
% of Assets² 5.1%
novobanco (1) CAGR from 2016-2021; (2) Jun/22 pro-forma consider the sale of the logistiscs portfolio announced on May/22;
1.8% 1.5%
6View entire presentation