Investor Presentaiton
Business momentum reflecting strategy execution
9M 2023
> Profit before tax of € 5.0bn after absorbing € 943m in nonoperating expenses
Sustained revenue momentum reflecting balanced business growth and benefits
from substantial inflows in AuM and deposits, coupled with pricing discipline
› Ongoing focus on delivering additional efficiency improvements, with material
share of € 2.5bn targeted efficiency measures already executed
> Significantly improved capital outlook supports business growth, as well as
acceleration and expansion of distribution goals
€22.2bn
Net revenues
+
6%
9M A YOY
€39bn
AuM inflows
across PB and AM
7%
ROTE¹
(reported)
€11bn
Q3 A QoQ
9%
ROTE¹
(adjusted²)
13.9%
CET1 ratio
Notes: throughout this presentation totals may not sum due to rounding differences and percentages may not precisely reflect the absolute figures; AuM - Assets under Management; for footnotes refer to slides 44 and 45
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