Investor Presentaiton
BNP Paribas is ready to deliver profitable growth
GT and increase its pay-out ratio
2025
With its current level of CET1 and growth delivering a ROTE>11% in 2025,
the Group is ready to:
absorb the implementation of the upcoming Basel 3 finalisation (CRR3) fully loaded
(estimated at +8% on RWAs², fully loaded in 2025)
fuel profitable growth, with RWA growth² < Revenue growth, with a balance between businesses maintained
structurally increase the pay-out ratio to 60%, with a minimum 50% paid in cash³
12.9%
31.12.21
(Phased in)
Distribution
(60%)
& AT1
Net Income
Business
growth & other
impacts
(40%)
12.9%
Basel 3
finalisation
(fully loaded)
12.0%
Forecast
31.12.24
Forecast
31.12.25
CET1 target
12.9%4 at the end of 2024
12.0%5 at the end of 2025
Increased ordinary pay-out ratio
60%
with a minimum of 50% paid in cash³
Basel 3 (CRR2) fully loaded
Basel 3 finalised
(CRR3) fully loaded
1. Return on Tangible Equity; Basel 3 finalised (CRR3) fully loaded; 2. Risk Weighted Assets; Basel 3 (CRR2) fully loaded; 3. Subject to the approval of the Annual General Meeting;
4. Basel 3 (CRR2) fully loaded; 5. Basel 3 finalised (CRR3) fully loaded
BNP PARIBAS
The bank for a changing world
2021 Full Year Results | 53View entire presentation