Investor Presentaiton
INTERNATIONAL RETAIL BANKING AND FINANCIAL SERVICES
RESULTS
Revenues
+17.4%* vs. Q4 21
International Retail Banking revenues +8.3%*
vs. Q4 21
Insurance and Financial Services revenues
+30.1%* vs. Q4 21
Operating expenses
+11.3%*(1) vs. Q4 21
including ALD costs for the preparation of the
integration of LeasePlan
In EURM
Net banking income
Change
Operating expenses
Underlying operating expenses (¹)
Gross operating income
Underlying gross operating income (1)
1,238
Net cost of risk
(133)
Operating income
1,136
975
Net profits or losses from other assets
(1)
8
Reported Group net income
658
584
Underlying Group net income (¹)
640
570
Q422 Q421
2,369 2,159 +9.7% +17.4%* 9,122 8,117 +12.4% +17.9%*
(1,100) (1,088) +1.1% +10.9%* (4,334) (4,203) +3.1% +10.0%*
(1,131) (1,112) +1.7% +11.3%* (4,334) (4,203) +3.1% +10.0%*
1,269 1,071 +18.5% +23.4%* 4,788
1,047 +18.3% +23.3%* 4,788
(96) +38.5% +68.3%* (705)
+16.5% +19.7%* 4,083
n/s n/s
+12.7% +16.1%* 2,376
+12.3% +15.7%* 2,376
2022
2021
Change
3,914 +22.3% +26.0%*
11
3,914 +22.3% +26.0%*
(504) +39.9% +7.6%*
3,410 +19.7% +29.9%*
18
-38.9% -36.8%*
2,082 +14.1% +25.6%*
2,082 +14.1% +25.6%*
RONE
25.0%
22.2%
22.4% 20.3%
Underlying RONE (1)
24.3%
21.7%
22.4%
20.3%
2022 RONE 22.4% (1)
(1) Underlying data: adjusted for exceptional items and IFRIC 21 linearisation (see Supplement)
* When adjusted for changes in Group structure and at constant exchange rates (excluding activities sold in Russia)
SOCIETE
GENERALE
4TH QUARTER AND FULL YEAR 2022 RESULTS 18 FEBRUARY 2023
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