2nd Quarter and 1st Half 2022 Results
GLOBAL BANKING AND INVESTOR SOLUTIONS
QUARTERLY RESULTS
Global Markets and Investor
Services
Financing and Advisory
Lyxor
Total Global Banking and Investor
Solutions (1)
In EURM
Q222
Q221
Net banking income
1,742
1,390
Change
+19.8%*
Q2 22
821
720
Q2 21 Change Q222
+9.1%*
Q221
56
Change
Operating expenses
(1,092)
(1,032)
+2.1%* (473) (425)
+6.9%*
(41)
Q222 Q2 21
2,563 2,166 +18.3%
(1,565) (1,498) +4.5%
Change
+16.1%*
+3.4%*
Gross operating income
650
358
+69.0%*
348
295
+12.3%*
15
998
668
+49.4%
+43.8%*
Net cost of risk
1
(1)
n/s
(70)
(14)
x 4.5*
0
(69)
(15)
Operating income
651
357
+69.7%*
278
281
-5.6%*
15
929
653
x 4.6
+42.3%
x 4.2*
+37.1%*
Income tax
(150)
(83)
(29)
(56)
(179)
(142)
Net income
503
276
+69.7%*
249
225
+5.8%*
11
752
512
+46.9%
+41.4%*
Non controlling Interests
10
6
0
0
0
10
6
Group net income
493
270
+69.8%*
249
225
+5.8%*
1
11
742
506
+46.6% +41.2%*
Average allocated capital
C/I ratio
7,917
7,639
6,722
63%
74%
58%
5,844
59%
93
14,642
73%
61%
13,581
69%
*When adjusted for changes in Group structure and at constant exchange rates
(1) Excluding Private Banking activities as per Q1 22 restatement (France and International). Excludes other businesses transferred following the disposal of Lyxor
SOCIETE
GENERALE
2ND QUARTER AND 1ST HALF 2022 RESULTS |3 AUGUST 2022
83View entire presentation