Third Quarter 2022 Results
CPBS Commercial & Personal Banking in France - 9M22
€m
3Q22
3Q21
3Q22 /
3Q21
2Q22
3Q22/
9M22
9M21
9M22 /
2Q22
9M21
Commercial & Personal Banking in France¹
Revenues
incl. net interest income
incl. fees
Operating Expenses and Dep.
Gross Operating Income
Cost of Risk
Operating Income
Share of Earnings of Equity-Method Entities
Other Non Operating Items
Pre-Tax Income
Income Attributable to Wealth and Asset Management
Pre-Tax Income of Commercial & Personal Banking in France
Cost/Income
1,669
1,574
+6.0%
1,728
-3.5%
5,010
4,661
+7.5%
7889
859
+4.7%
919
-2.2%
2,666
2,516
+5.9%
714
+7.7%
809
-4.9%
2,344
2,145
+9.3%
-1,133
-1,129
+0.3%
-1,117
+1.4%
-3,488
-3,379
+3.2%
536
444
+20.6%
612
-12.4%
1,522
1,282
+18.7%
-102
-115
-11.8%
-64
+59.4%
-259
-342
-24.3%
434
329
+31.9%
548
-20.8%
1,263
941
+34.3%
0
0
n.s.
1
-99.7%
1
-1
n.s.
1
54
-99.0%
25
-97.9%
26
54
-51.7%
434
383
+13.6%
574
-24.3%
1,290
993
+29.9%
-36
-34
+7.3%
-42
-14.0%
-110
-92
+19.9%
398
349
+14.2%
531
-25.1%
1,180
901
+30.9%
67.9%
71.8%
-3.9 pt
64.6%
+3.3 pt
69.6%
72.5%
-2.9 pt
Allocated Equity (€bn, year to date; including 2/3 of Private Banking in France)
11.1
10.7
+4.1%
1. Including 100% of Private Banking in France for the Revenues to Pre-tax income line items¹
Revenues: +7.5% vs. 9M21
•
Net interest income: +5.9%, increase driven by higher volumes and the impact of the interest-rate and
market environments; good performance by the Specialised Subsidiaries
•
Fees: +9.3%, marked increase in all fees
Operating expenses: +3.2% vs. 9M21
·
Increase driven by business development and impact of cost-savings measures; very positive jaws
effect (+4.2 pts)
Pre-tax income: +30.9% vs. 9M21, very strong growth in GOI and decrease in the cost of risk
reminder from 3Q21: positive impact from a non-recurring item
BNP PARIBAS
The bank for a changing world
1. PEL/CEL effect: +€38m in 9M22 (+€24m in 9M21)
Third quarter 2022 results | 53View entire presentation