2022 Full Year Results
Corporate and Institutional Banking
Global Banking - 4Q22
4Q22
4Q21
4Q22 /
3Q22
4Q22 /
2022
2021
2022 /
4Q21
3Q22
2021
Єm
Global Banking
Revenues
Operating Expenses and Dep.
1,522
1,324
+15.0%
1,181
+28.9%
5,218
5,087
+2.6%
-743
-655
+13.4%
-663
+12.1%
-2,878
-2,652
+8.5%
Gross Operating Income
779
669
+16.5%
518
+50.5%
2,340
2,435
-3.9%
Cost of Risk
-155
72
n.s.
-116
+33.3%
-336
-201
+67.6%
Operating Income
624
741
-15.7%
402
+55.4%
2,004
2,234
-10.3%
Share of Earnings of Equity-Method Entities
1
1
n.s.
1
+23.5%
4
16
-73.3%
Other Non Operating Items
0
-1
n.s.
0
+66.4%
0
-4
n.s.
Pre-Tax Income
626
740
-15.5%
403
+55.3%
2,009
2,246
-10.6%
Cost/Income
48.8%
49.5%
-0.7 pt
56.1%
-7.3 pt
55.1%
52.1%
+3.0 pt
Allocated Equity (Єbn, year to date)
16.5
14.3
+15.5%
Revenues: +15.0% vs. 4Q21 (+11.5% at constant scope and exchange rates)
Very good performance in an unfavourable context in 4Q22
Very significant increase in Transaction Banking, particularly in cash management, driven by a favourable
interest-rate environment and, in APAC
Operating expenses: +13.4% vs. 4Q21 (+9.3% at constant scope and exchange rates)
Impact of the faster pace of growth in activity in 4Q22
Exchange-rate and scope impact (~30% of growth vs. 4Q21)
Positive jaws effect (+1.6 pt)
BNP PARIBAS
The bank for a changing world
2022 Full Year Results | 61View entire presentation