2022 Full Year Results
CPBS Commercial & Personal Banking in Belgium - 4Q22
-
€m
Commercial & Personal Banking in Belgium'
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)
4Q22
4Q21
4Q22 /
4Q21
3Q22
4Q22/
2022
2021
2022 /
3Q22
2021
947
854
+10.9%
917
+3.3%
3,764
3,509
+7.3%
673
581
+15.9%
636
+5.8%
2,618
2,404
+8.9%
274
273
+0.2%
281
-2.4%
1,146
1,106
+3.6%
-598
-540
+10.8%
-558
+7.2%
-2,615
-2,384
+9.7%
348
314
+11.0%
359
-2.8%
1,149
1,125
+2.1%
-20
28
n.s.
-17
+21.7%
-36
-99
-63.9%
328
342
-4.0%
342
-4.0%
1,113
1,026
+8.5%
0
2
-94.7%
0
n.s.
0
6
-91.9%
-1
1
n.s.
3
n.s.
10
13
-28.6%
327
344
-4.8%
345
-5.1%
1,123
1,045
+7.5%
-25
-18
303
326
+39.8%
-7.2%
-19
326
+28.6%
-7.1%
-74
-71
+3.5%
1,049
973
+7.8%
63.2%
63.3%
-0.1 pt
60.9%
+2.3 pt
69.5%
67.9%
+1.6 pt
6.1
5.3
+16.1%
1. Including 100% of Private Banking in Belgium for the Revenues to Pre-tax income line items
Revenues: +10.9% vs. 4Q21 (+4.3% at constant scope and exchange rates)
•
Net interest income: +15.9% (+6.5% at constant scope and exchange rates), strong growth driven by increased
deposits volumes, supported by the integration of bpost bank in a favourable interest-rate environment
•
Fees: +0.2%; the increase in banking fees was offset partly by the decrease in financial fees
Operating expenses: +10.8% vs. 4Q21 (+4.0% at constant scope and exchange rates)
•
Increase driven by expanded business activity; the impact of inflation was partly offset by the impact of cost-
savings and optimisation measures
•
Positive jaws effect
Pre-tax income: -7.2% vs. 4Q21, impact of the increase in cost of risk, driven mainly by the release of provisions
on performing loans (stages 1 & 2) in 4Q21
BNP PARIBAS
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2022 Full Year Results | 70View entire presentation