2nd Quarter and 1st Half 2022 Results
INTERNATIONAL RETAIL BANKING AND FINANCIAL SERVICES
QUARTERLY RESULTS
International Retail Banking
Insurance
Financial Services
Total
In EURM
Q222
Q2 21
Change
Q222
Q2 21
Change
Q222
Q2 21
Change
Q222
Q2 21
Change
Net banking income
Operating expenses
1,270
1,231
+12.7%*
252
238
+7.9%*
782
520
+45.1%*
(669)
(698)
+5.1%*
(93)
(90)
+6.3%*
(283)
(223)
Gross operating income
601
533
+22.6%*
159
148
+8.9%*
499
297
Net cost of risk
(83)
(99)
-14.3%*
0
0
n/s
(14)
(22)
2,304
+22.4%* (1,045) (1,011)
+62.2%* 1,259
978
-44.2%*
1,989
+21.4%*
+9.5%*
+33.5%*
(97)
(121)
-19.6%*
Operating income
518
434
+31.6%*
159
148
+8.9%*
485
275
+71.0%*
1,162
857
+41.2%*
Net profits or losses from other assets
8
3
x 2.6*
0
1
-100.0%*
0
0
+100.0%
8
4
+98.2%*
Income tax
(130)
(107)
+31.0%*
(42)
(42)
+1.3%*
(110)
(63)
+69.7%*
(282)
(212)
+37.3%*
C/I ratio
Group net income
Average allocated capital
272
245
+28.1%*
117
106
+11.9%*
305
171
+71.2%*
694
522
+40.1%*
53%
57%
37%
38%
36%
43%
45%
51%
5,468
5,642
2,135
2,058
2,941
2,436
10,570
10,158
* When adjusted for changes in Group structure and at constant exchange rates (excluding disposed Russian activities)
SOCIETE
GENERALE
2ND QUARTER AND 1ST HALF 2022 RESULTS |3 AUGUST 2022
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