Credit Suisse Results Presentation Deck
Swiss Bank
Solid revenues and resilient PTI
Adjusted key financials
Key metrics
23
in CHF mn
Net interest income
Recurring commissions and fees
Transaction-based
Net revenues¹
Provision for credit losses
Total operating expenses
Adjusted PTI
Adjusted C/I ratio
Adjusted RoRC+
Reported PTI
Reported RoRC+
in CHF bn
Adjusted net margin in bps
Client business volume
Net loans
Net new assets
Risk-weighted assets
Leverage exposure
Number of relationship managers
2022
595
334
138
1,047
18
627
402
60%
12%
402
12%
28
826
162
(1.6)
72
244
1,680
1Q22
576
336
136
1,022
23
614
385
60%
12%
471
14%
26
871
163
6.0
70
248
1,680
2Q21
578
323
135
1,019
(21)
592
448
58%
13%
445
13%
31
877
165
0.7
71
252
1,670
Δ 2021
3%
3%
2%
3%
6%
(10)%
(10)%
(3)
(6)%
(2)%
1%
(3)%
1%
Net revenues up 3% across the board
Net interest income up 3%, mainly driven by higher deposit income; 3Q22 net
interest income expected to decrease sequentially due to lower benefits from
the recent SNB increase of interest rates
Recurring commissions and fees up 3% supported by higher revenues from
improved performance in our investment Swisscard
▪ Transaction-based revenues up 2% driven by increased FX fees
Continued low provision for credit losses
at less than 5 bps of our net loans; normalized vs. 2Q21
Operating expenses up 6%
from increased cash accruals for compensation due to normalized deferral levels,
higher Group-wide technology, risk and compliance costs as well as targeted
advertising and marketing campaigns
Pre-tax income down 10%
revenue increase outweighed by provisions and costs; RoRC+ at 12%
CBV down 6% driven by markets
▪ Decreased assets under management due to declining markets
NNA of CHF (1.6) bn mainly driven by CHF (1.2) bn from institutional clients
Still robust NNA of CHF 4.4 bn in 1H22 driven by institutional clients
■
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 Includes other revenues of CHF (20) mn in 2022, CHF (26) mn in 1022 and CHF (17) mn in
2021
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