Investor Presentaiton
Capital adequacy
CET1 ratio, %
0.1
14.2
0.2
0.0
0.6
(0.1)
13.4
3022
Profits 58
Dividend
accrual
Change
FX
Other
4022
in RWAs translation
differences
CET1, $bn
110.8
4.7
(0.5)
3.3
1.0
119.3
RWAs, $bn
828.3
(8.4)
19.8
839.7
Capital progression 35
4022
3022
4021
Common equity tier 1 capital, $bn
119
111
133
Reported risk-weighted assets, $bn
840
828
838
CET1 ratio, %
14.2
13.4
15.8
Leverage exposure, $bn
2,417
2,415
2,963
Leverage ratio, %
5.8
5.4
5.2
Strategy
4Q22 results
Appendix
CET1 ratio of 14.2%, up 0.8ppts vs. 3Q22
CET1 capital increased by $8.5bn, mainly due to profits
and favourable FX moves, partly offset by the dividend
accrual
Reported RWAs of $840bn, up $11bn (1%) vs. 3Q22;
FX translation differences of $20bn were partly offset by
lower lending in CMB and GBM
CET1 ratio target range remains 14-14.5% in the
medium term, with the intention of managing this range
down further longer term
Establishing a dividend payout ratio of 50% for 2023
and 202453; consideration of buybacks brought forward
to 1023
22
27View entire presentation