Third Quarter 2022 Results
Corporate and Institutional Banking
Securities Services - 9M22
3Q22
3Q21
3Q22 /
2Q22
3Q22 /
9M22
9M21
9M22 /
€m
Securities Services
Revenues
Operating Expenses and Dep.
3Q21
2Q22
9M21
632
575
+9.9%
663
-4.6%
1,908
1,728
+10.4%
-513
-465
+10.1%
-499
+2.7%
-1,550
-1,422
+9.0%
Gross Operating Income
119
110
+8.7%
164
-27.0%
358
306
+17.2%
Cost of Risk
-2
2
n.s.
0
n.s.
-1
3
n.s.
Operating Income
118
112
+5.4%
164
-28.2%
357
309
+15.6%
Share of Earnings of Equity-Method Entities
1
6
-75.3%
0
n.s.
3
3
-10.0%
Other Non Operating Items
-1
-1
+79.3%
0
n.s.
-1
16
n.s.
Pre-Tax Income
118
117
+0.7%
164
-28.2%
359
328
+9.2%
Cost/Income
Allocated Equity (Ebn, year to date)
81.1%
80.9%
+0.2 pt
75.3%
+5.8 pt
81.2%
82.3%
-1.1 pt
1.4
1.2
+21.9%
Revenues: +10.4% vs. 9M21 (+8.4% at constant scope and exchange rates), favourable impacts
of the steep increase in transaction volumes and the interest-rate environment
Good control of operating expenses: positive jaws effect (+1.5 pt)
30.09.22
30.09.21
%Var/
30.09.21
30.06.22
%Var/
30.06.22
Securities Services
Assets under custody (€bn)
Assets under administration (€bn)
10,798
2,262
12,273
2,451
-12.0%
-7.7%
11,214
2,256
-3.7%
+0.3%
3Q22
3Q21
3Q22/3Q21
2Q22
3Q22/2Q22
Number of transactions (in million)
35.5
32.8
+8.2%
38.3
-7.3%
BNP PARIBAS
The bank for a changing world
Third quarter 2022 results | 51View entire presentation