Credit Suisse Results Presentation Deck slide image

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 CREDIT SUISSE
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