Investor Presentaiton
Corporate and Institutional Banking
Securities Services - 4Q21
€m
Revenues
Operating Expenses and Dep.
Gross Operating Income
Cost of Risk
Operating Income
Non Operating Items
Pre-Tax Income
Cost/Income
Allocated Equity (€bn)
4Q21
4Q20
4Q21 /
3Q21
4Q21 /
2021
2020
2021 /
4Q20
3Q21
2020
602
536
+12.3%
575
+4.6%
2,329
2,217
+5.1%
-469
-457
+2.7%
-465
+0.9%
-1,874
-1,845
+1.6%
132
79
+68.5%
110
+20.5%
456
372
+22.4%
-2
1
n.s.
2
n.s.
1
1
-9.6%
130
79
+64.6%
112
+16.7%
457
373
+22.3%
8
9
-19.3%
5
+42.2%
27
21
+31.7%
138
89
+55.7%
117
+17.8%
484
394
+22.8%
78.0%
85.3%
-7.3 pt
80.9%
-2.9 pt
80.4%
83.2%
-2.8 pt
1.2
1.0
+26.2%
31.12.21
31.12.20
%Var/
31.12.20
30.09.21
%Var/
30.09.21
Securities Services
Assets under custody (€bn)
Assets under administration (€bn)
12,635
2,521
10,980
2,202
+15.1%
+14.5%
12,273
2,451
+2.9%
+2.9%
4Q21
4Q20
4Q21/4Q20
3Q21
4Q21/3Q21
Number of transactions (in million)
35.5
32.0
+10.9%
32.8
+8.3%
Assets under administration restated in 2020, excluding assets simply on deposit
Revenues: +12.3% vs. 4Q20, due to an increase in assets, in particular with the full effect on recent large
mandates, and strong rise in transaction volumes
Good containment of operating expenses: strong positive jaws effect
BNP PARIBAS
The bank for a changing world
2021 Full Year Results | 89View entire presentation