1H22 Financial Performance
1H22 Financial Statements
Income Statement - Quarterly data
(€ million)
Net Interest Income
1Q21
2Q21
3Q21
4Q21
1Q22
2Q22
€mn YoY
% YoY
145.7
143.5
140.9
143.2
133.5
134.5
(9.0)
(6%)
Fees and Commissions
Commercial Banking Income
Capital Markets Results
Other Operating Results
62.8
72.8
72.3
74.6
68.8
75.6
+2.8
+4%
208.5
216.3
213.2
217.9
202.3
210.1
(6.2)
(3%)
52.8
40.5
(59.7)
42.2
91.4
(5.6)
(46.1)
(114%)
12.2
(41.3)
30.3
39.2
16.7
56.5
+97.8
(237%)
Banking Income
273.5
215.5
183.9
299.3
310.4
261.0
+45.5
+21%
Operating Costs
102.7
101.4
101.6
102.6
103.6
105.1
+3.7
+4%
Staff Costs
58.7
58.9
57.9
57.8
55.7
56.1
(2.8)
(5%)
General and Administrative Costs
35.9
34.2
35.1
35.8
38.2
39.2
+4.9
+14%
Depreciation
8.1
8.2
8.6
9.0
9.8
9.8
+1.6
+19%
Net Operating Income
170.8
114.1
82.3
196.6
206.8
155.9
+41.8
+37%
Net Impairments and Provisions
61.8
27.4
70.4
193.1
21.8
(2.0)
(29.4)
(107%)
Credit
54.9
29.8
30.3
34.4
14.3
5.0
(24.8)
(83%)
Securities
0.9
15.1
1.4
30.4
11.1
30.6
+15.4
+102%
Other Assets and Contingencies
6.0
(17.5)
38.7
128.4
(3.6)
(37.6)
(20.1)
+114%
Income before Taxes
109.0
86.7
11.9
3.5
185.0
157.9
+71.2
+82%
Corporate Income Tax
Special Tax on Banks
4.2
16.9
(8.1)
(28.2)
7.4
11.6
(5.3)
(32%)
32.8
1.5
0.0
(0.1)
34.1
(1.5)
(100%)
Income after Taxes
72.0
68.4
20.0
31.8
143.5
146.4
+78.0
+114%
Non-Controlling Interests
1.3
1.4
3.6
1.4
0.9
22.3
+20.9
+1 521%
Net Income for the period
70.7
67.0
16.4
30.4
142.7
124.0
+57.1
+85%
novobanco
52
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