Credit Suisse Results Presentation Deck slide image

Credit Suisse Results Presentation Deck

CHF ~0.9 bn additional group revenues by 2025 from higher forward rate expectations 25 Sensitivity of Group revenues to interest rates¹ Revenue impact from realization of forward rates2 pre-funding cost CHF USD 2023 vs. 2022 5% 4% 3% CHF -0.2 bn 2% 1% CHF yield curve has shifted higher since end-3Q22 EUR 1Y ~(5) bps CHF ~0.6 bn ~60 bps 2024 vs. 2022 ~5 bps CHF -0.9 bn ~40 bps 2025 vs. 2022 USD (Dec-22) USD (Sep-22) CHF (Dec-22) CHF (Sep-22) Key messages ▪ Cumulative group revenues sensitivity of CHF -0.9 bn by 2025 vs. 2022 benefitting from forward rate expectations ▪ This incorporates impact of deposit outflows in 4Q22; ~85% of group deposit outflows in the quarter concentrated in October and November ▪ We expect higher funding costs³ in 2023 vs. 2022 of CHF -0.5 bn Funding costs expected to reduce from 2025 2Y 3Y 5Y 7Y 1ΟΥ 20Y 30Y Note: Results excluding certain items in our reported results are non-GAAP financial measures. See the appendix of this presentation for detailed information and defined terms as well as important presentation and other information relating to non-GAAP financial measures, including reconciliations. 1 Based on static balance sheet as of end-December forward rates; as of December 31, 2022 3 Includes Treasury-related cost of capital instruments, long-term funding and HQLA; at average 2022 USD/CHF FX rate of 0.9541 2 From realization of CHF, USD and EUR CREDIT SUISSE
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