Investor Presentaiton
4Q21 - IFS - BancWest
4Q21
4Q20
4Q21 /
3Q21
4Q21 /
2021
2020
2021/
Єm
Revenues
Operating Expenses and Dep.
Gross Operating Income
4Q20
3Q21
2020
626
594
+5.4%
588
+6.4%
2,426
2,460
-1.4%
-457
-423
+7.9%
-425
+7.3%
-1,695
-1,723
-1.6%
169
171
-0.8%
163
+3.9%
731
737
-0.8%
Cost of Risk
24
-3
n.s.
23
+6.5%
45
-322
n.s.
Operating Income
194
168
+15.5%
186
+4.2%
777
415
+87.3%
Non Operating Items
6
0
n.s.
9
-35.5%
19
0
n.s.
Pre-Tax Income
199
168
+18.8%
195
+2.4%
796
415
+91.9%
Income Attributable to Wealth and Asset Management
-7
-6
+19.5%
-6
+24.8%
-25
-23
+9.5%
Pre-Tax Income
192
162
+18.8%
189
+1.7%
771
392
+96.6%
Cost/Income
73.0%
71.3%
+1.7 pt
72.3%
+0.7 pt
69.9%
70.0%
-0.1 pt
Allocated Equity (Єbn)
5.0
5.5
-8.9%
•
Including 100% of U.S Private Banking for the Revenues to Pre-tax Income line items
Foreign exchange effect:
USD/EUR1 +4.3% vs. 4Q20, +3.1% vs. 3Q21, -3.5% vs. 2020
At constant scope and exchange rates vs. 4Q20
Revenues²: +1.0%, increase driven by the strong growth of fees, partly offset by the decrease in net
interest income
•
Operating expenses²: +3.6%, in connection with business activity and targeted inititatives
•
Pre-tax income³: +13.4%, strong decrease in the cost of risk
BNP PARIBAS
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
The bank for a changing world
2021 Full Year Results | 79View entire presentation