2nd Quarter and 1st Half 2022 Results
INTERNATIONAL RETAIL BANKING AND FINANCIAL SERVICES
RESULTS
Revenues
+21.4%* vs. Q2 21
International Retail Banking revenues +12.7%*
vs. Q2 21
Insurance and Financial Services revenues
+33.7%* vs. Q2 21
Operating expenses
+9.5%* vs. Q2 21
Robust positive jaws
In EURM
Net banking income
Q2 22
2,304
Q2 21
Change
H1 22
H121
Change
1,989
+15.8%
+21.4%*
4,527
3,851 +17.6% +20.4%*
Operating expenses
(1,045)
Underlying operating expenses
(1)
(1,075)
Gross operating income
1,259
(1)
Underlying gross operating income
1,229
978
954
Net cost of risk
(97)
(121)
Operating income
1,162
857
Net profits or losses from other assets
Reported Group net income
8
4
694
Underlying Group net income'
(1)
RONE
Underlying RONE (1)
522
676
508
26.3% 20.6%
25.6% 20.0%
-19.8% -19.6%*
+35.6% +41.2%* 1,877
+100.0% +98.2%* 10
+33.0% +40.1%* 1,094
+33.2% +40.6%* 1,130
(1,011) +3.4% +9.5%* (2,228) (2,100) +6.1% +9.0%*
(1,035) +3.9% +9.9%* (2,167) (2,052) +5.6% +8.5%*
+28.7% +33.5%* 2,299 1,751 +31.3% +33.9%*
+28.8% +33.7%* 2,360 1,799 +31.2% +33.8%*
(422) (263) +60.5% -11.2%*
1,488 +26.1% +51.2%*
6 +66.7% +65.3%*
914 +19.7% +39.9%*
942 +20.0% +39.5%*
20.3% 18.2%
20.9% 18.7%
Q2 22 RONE 25.6% (1) (26.4% (1) excl. disposed Russian activities)
(1) Underlying data: adjusted for exceptional items and IFRIC 21 linearisation (see Supplement)
*When adjusted for changes in Group structure and at constant exchange rates (excluding activities sold in Russia)
SOCIETE
GENERALE
2ND QUARTER AND 1ST HALF 2022 RESULTS 13 AUGUST 2022View entire presentation