2022 Full Year Results
Investment & Protection Services - 2022
Growth of results with a good level of activity in a lacklustre environment
Good sales and business drive sustained by net asset inflows in
Wealth Management
Revenues
+3.0%
6,670
6,476
€m
Good net asset inflows (+€31.9bn in 2022): strong net asset inflows in
Wealth Management; positive inflows in Asset Management
•
•
•
Good resilience of Real Estate and at Insurance, driven by good
business drive in Savings in France
Development of new opportunities
Creation of a Private Assets franchise, combining specific expertise
from Asset Management, Insurance and Principal Investments
Acceleration in pension savings at BNP Paribas Cardif in partnership
with Asset Management
Strong development of Insurance partnerships: new partnerships and
expansion of existing ones (Volkswagen Financial Services, Orange,
Boulanger, Neon, Coppel and Banco de Brasília)
Revenues: €6,670m
(+3.0% vs. 2021)
•
Very good growth in revenues at
Wealth Management
Impact of the market environment on
Asset Management and Insurance
revenues
Growth at Real Estate
Operating expenses: €4,363m
(+3.5% vs. 2021)
Driven by business development
and targeted initiatives
Positive jaws effect: ~0 pt at
constant scope and exchange
rates
2021
2022
Pre-tax income
+4.8%
€m
2,499
2,620
2021
2022
Pre-tax income: €2,620m
(+4.8% vs. 2021)
•
•
Positive impact of capital gains on
sales in 2021 and 2022
Good contribution by associates
BNP PARIBAS
The bank for a changing world
2022 Full Year Results | 43View entire presentation