Third Quarter 2022 Results
Corporate & Institutional Banking - 3Q22
Very good level of results sustained by strong client activity
Good business drive, leveraging a diversified and integrated model
Financing: good resilience amid decreasing primary markets (syndicated
loans, bonds and equities)
•
•
•
Markets: strong client demand for derivatives on commodities, and on
rates and foreign exchange markets; good level of demand in equities
Securities Services: strong business drive and continued high level of
transactions
Further market share gains
Increased market shares and consolidation of European leadership in
financing and transaction banking2
Consolidation of leadership on multi-dealer electronic platforms
Growth in CIB revenues
(1Q19-3Q22)
€bn
2019
Average
2020
Average
3.44
2021
Average 4.7
3.59
4.1 3.8
1Q19
3.02
2Q19
GOI³
+8.2%
3Q19
4Q19
1Q20
2Q20
3Q20
4Q20
1Q21
2Q21
3Q21
4Q21
1Q22
2Q22
3Q22
Revenues: €3,799m
(+5.9% vs. 3Q21)
Operating expenses: €2,343m
(+4.5% vs. 3Q21)
€m
•
+2.0% at constant scope and exchange
rates
•
-0.2% at constant scope and
exchange rates
Good resilience of Global Banking in an
unfavourable context (-7.9%)
.
Increase mainly driven by
exchange rate effects
•
Positive jaws effect (+1.4 pt)
1,346
1,456
3Q21 3Q22
•
Very strong rise at Global Markets
(+14.7%)
Solid increase at Securities Services
(+9.9%)
Pre-tax income: €1,369m
(+2.9% vs. 3Q21)
1. Source: Dealogic as at 30.09.22, EMEA, bookrunner in volume; 2. Source: 2022 Greenwich Leaders European Large Corporate Cash Management and Trade Finance; 3. Gross operating income
Third quarter 2022 results | 21
BNP PARIBAS
The bank for a changing worldView entire presentation