Third Quarter 2022 Results
CPBS BancWest - 9M22
-
€m
BancWest
Revenues
1
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 BancWest
Cost/Income
Allocated Equity (Єbn, year to date; including 2/3 of Private Banking in the United States)
•
3Q22
3Q21
3Q22 /
2Q22
3Q22 /
9M22
9M21
9M22 /
3Q21
2Q22
9M21
615
118
-566
០៩ ៦ ១ខា គឺ ៖ ៥
733
588
+24.6%
657
+11.6%
2,009
1,801
+11.6%
493
+24.9%
542
+13.4%
1,676
1,524
+10.0%
96 +23.4%
114
+3.0%
332
276
+20.2%
-425
+33.0%
-495
+14.3%
-1,536
-1,241
+23.8%
167
163
+2.8%
162
+3.5%
473
560
-15.5%
-49
23
n.s.
-30
+63.3%
115
21
n.s.
119
186
-36.1%
132
-10.0%
588
581
+1.3%
0
n.s.
0
n.s.
0
0
n.s.
2
9
-78.6%
2
-1.9%
4
13
-73.4%
121
195
-38.0%
134
-9.9%
592
594
-0.4%
-18
-6
n.s.
-11
+65.5%
-35
-18
+99.8%
103
189
-45.6%
123
-16.5%
556
576
-3.5%
77.2%
72.3%
+4.9 pt
75.4%
+1.8 pt
76.5%
68.9%
+7.6 pt
5.6
4.9
+12.4%
1. Including 100% of U.S Private Banking for the Revenues to Pre-tax Income line items
Foreign exchange effect: appreciation of the dollar compared to the euro
• USD/EUR¹: +17.1% vs. 3Q21, +5.8% vs. 2Q22, +12.4% vs. 9M21
At constant scope and exchange rates vs. 9M21
Revenues²: -0.8%, +1.9% excluding the impact of a positive non-recurring item in 1H21, positive effects of
margin improvement and loan volumes increase, good performance of banking fees
Operating expenses²: +10.4%, increase notably due to targeted projects
Cost of risk²: significant release of provisions (stages 1 & 2) in 1Q22 related to the public health crisis, partially
offset by provisions in 2Q22 and 3Q22
Pre-tax income³: -14.9%
1. Average exchange rates; 2. Including 100% of Private Banking in the United States; 3. Including 2/3 of Private Banking in the United States
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Third quarter 2022 results | 63View entire presentation