Competing as a Strong and Independent Portuguese Bank
During the restructuring cycle, novobanco maintained strict discipline and, as of
2021, ensures value creation for stakeholders
Net Income
-788
(€ million)
you
-1,059
-1,413
-1,329
+€1.1bn
Interest Bearing Liabilities
(%)
Core Banking Income
(€ million)
+17%
CAGR1
428
185
+123%
1.48%
448
1.14%
386 395
0.73%
281
0.51%
0.35%
0.18% 0.26%
201
179
307
-2,298
2016 2017 2018 2019 2020 2021 9M22
2016 2017 2018 2019 2020 2021 9M22
€ million 465
68
83
2016 2017 2018 2019 2020 2021 9M22
Operating Costs
-7%
CAGR1
NPLs
(€ million)
(€ million; %)
-31%
CAGR1
Real Estate Exposure
(€ million; %)
-31%
-85%
-21%
CAGR¹
-69%
591
11,288
549
10,130
487 479
432
408
314
6,739
3,430
2,498
1,749 1,605
2016 2017 2018 2019 2020 2021 9M22
2016 2017 2018 2019 2020 2021 9M22
Employees 6 096
Branches 537
4 139
300
NPL % 33.4%
5.7% 5.0%
% of Assets² 5.1%
novobanco (1) CAGR from 2016-2021; (2) Jun/22 pro-forma consider the sale of the logistiscs portfolio announced on May/22;
2,670
2,490
2,035
1,133
881 824
714
III
2016 2017 2018 2019 2020 2021 9M22
1.8% 1.5%
6View entire presentation