Third Quarter 2022 Results
Corporate and Institutional Banking
Global Banking - 9M22
3Q22
3Q21
3Q22 /
2Q22
3Q22 /
9M22
9M21
9M22 /
€m
Global Banking
Revenues
Operating Expenses and Dep.
3Q21
2Q22
9M21
1,181
1,282
-7.9%
1,248
-5.4%
3,696
3,763
-1.8%
-663
-640
+3.6%
-657
+0.8%
-2,135
-1,997
+6.9%
Gross Operating Income
518
642
-19.3%
591
-12.3%
1,561
1,766
-11.6%
Cost of Risk
-116
-24
n.s.
-85
+36.5%
-181
-273
-33.5%
Operating Income
402
618
-35.0%
505
-20.5%
1,380
1,493
-7.6%
Share of Earnings of Equity-Method Entities
1
1
+14.0%
1
+35.6%
3
15
-81.0%
Other Non Operating Items
0
-3
n.s.
0
-98.2%
0
-3
n.s.
Pre-Tax Income
403
616
-34.6%
506
-20.5%
1,383
1,506
-8.2%
Cost/Income
56.1%
49.9%
+6.2 pt
52.7%
+3.4 pt
57.8%
53.1%
+4.7 pt
Allocated Equity (Ebn, year to date)
16.4
14.0
+17.0%
Revenues: -1.8% vs. 9M21 (-6.2% at constant scope and exchange rates)
Good resilience in an unfavourable context, particularly in 2Q22 and 3Q22
Further market share gains
Operating expenses: +6.9% vs. 9M21 (+2.6% at constant scope and exchange rates)
Increase driven by the foreign exchange impact and business development
Cost of risk: -33.5% vs. 9M21, low cost of risk, decrease due to a high basis of comparison in 1Q21
Allocated equity: +17.0% vs. 9M21
Increase related to volume growth, impact of regulations in 1Q22 and foreign exchange effect
BNP PARIBAS
The bank for a changing world
Third quarter 2022 results | 48View entire presentation