Third Quarter 2022 Results
CPBS Commercial & Personal Banking in Belgium - 9M22
€m
Commercial & Personal Banking in Belgium¹
Revenues
incl. net interest income
incl. fees
Operating Expenses and Dep.
Gross Operating Income
Cost of Risk
Operating Income
Share of Earnings of Equity-Method Entities
Other Non Operating Items
Pre-Tax Income
Income Attributable to Wealth and Asset Management
Pre-Tax Income of Commercial & Personal Banking in Belgium
Cost/Income
Allocated Equity (Єbn, year to date; including 2/3 of Private Banking in Belgium)
3Q22
3Q21
3Q22 /
2Q22
3Q22 /
9M22
9M21
9M22 /
3Q21
2Q22
9M21
636
281
-558
ཅེ ཤྩ ཆུ ྂ ⌘ + ⌘ ° ཉྩུ ཙྪཱ ⌘
917
933
-1.7%
965
-5.0%
2,817
2,655
+6.1%
649
-2.0%
677
-6.1%
1,945
1,823
+6.7%
284
-1.1%
288
-2.6%
872
832
+4.8%
-511
+9.2%
-554
+0.8%
-2,017
-1,844
+9.4%
359
422
-15.0%
412
-12.9%
800
811
-1.3%
-17
-36
-53.0%
-16
+2.5%
-16
-127
-87.8%
342
386
-11.5%
396
-13.6%
785
684
+14.8%
0
5
n.s.
1
n.s.
0
4
-90.8%
3
6
-50.5%
3
-2.3%
10
13
-18.5%
345
397
-13.2%
399
-13.6%
796
701
+13.5%
-19
-20
-2.6%
-20
-3.8%
-49
-54
-8.5%
326
377
-13.7%
379
-14.1%
747
647
+15.4%
60.9%
54.8%
+6.1 pt
57.3%
+3.6 pt
71.6%
69.5%
+2.1 pt
6.1
5.2
+17.5%
1. Including 100% of Private Banking in Belgium for the Revenues to Pre-tax income line items
Revenues: +6.1% vs. 9M21 (+1.1% at constant scope and exchange rates)
•
Net interest income: +6.7% (+0.3% at constant scope and exchange rates), strong growth driven mainly by
increased deposits volumes supported by the integration of bpost bank and the increase in credit volumes -
3Q21 reminder: impact of non-recurring items
•
Fees: +4.8%, strong increase in fees in all customer segments
Operating expenses: +9.4% vs. 9M21 (+3.5% at constant scope and exchange rates), driven by the
growth in business activity and inflation despite the impact of cost-savings and optimisation measures
Pre-tax income: +15.4% vs. 9M21, impact of the decrease in cost of risk
BNP PARIBAS
The bank for a changing world
Third quarter 2022 results | 57View entire presentation