Investor Presentaiton
Summary of Financial Targets
Previous guidance
H1
2022
2023
Current guidance
As per Investor Day
2023
2025
2023
Total Revenues (€ bn)
2.0
1.1
c.2.1
> 2.2
c.2.3
Cost-Income Ratio
55%
44%
<47%
<45%
C.
40%
Cost of Risk
76bps
76bps
< 85bps
c. 80bps
< 70bps
ROTE1
7.5%
12.2%
c. 10%
> 11%
> 12%
EPS² (€)
0.18
0.15
> 0.25
> 0.29
> 0.3
Tangible Equity (€ bn)
5.8
6.1
> 6
> 6.2
>7
FL CET1 Ratio
12.5%³
13.6%³
c. 13.5%3
c. 14%3
c. 16%
1| Return on Tangible Equity; Based on normalized profit after tax over average Tangible Equity; 2023 and 2025 figures are calculated after deduction of AT1 coupon payments; Adjusted excluding capital above management target, 2| Earnings per share; 2023 -
2025 figures are calculated after deduction of AT1 coupon payments; Based on normalized profit after tax, 3| Pro-forma for remaining RWA relief from NPA transactions including Hermes, Sky, Skyline, Solar, Leasing and AT1 issuance
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ALPHA
SERVICES AND HOLDINGSView entire presentation