Competing as a Strong and Independent Portuguese Bank slide image

Competing as a Strong and Independent Portuguese Bank

Maintaining a solid Balance Sheet Balance Sheet (Єmn) ▲YTD Assets Dec-21 Sep-22 €mn % Loans and advances to banks 5,922 6,553 631 10.7% 1 Customer loans (net) 23,651 24,585 934 2 Real estate 824 714 (110) 3.9% -13.4% 3 Securities 10,471 11,385 915 8.7% Non-current assets held for sale 9 12 3 29.3% Current and deferred tax assets 780 873 93 12.0% Other assets 2,962 2,870 (92) -3.1% Total Assets 44,619 46,992 2,373 5.3% YTD Liabilities & Equity Dec-21 Sep-22 €mn % 4 Customer deposits 27,315 28,582 1,267 4.6% Due to central banks and banks 10,745 10,532 (213) -2.0% Debt securities 1,470 1,467 (3) 0.2% Non-current liabilities held for sale 1 2 1 86.2% Other liabilities 1,938 2,998 1,060 54.7% Total Liabilities 41,469 43,581 2,112 5 Equity 3,149 3,411 262 5.1% 8.3% Total Liabilities and Equity 44,619 46,992 2,373 5.3% novobanco Assets • Net customer loans growth €0.9bn YTD reflecting the higher pace of origination. Performing loan book €24.2bn growing +€1.1bn • Securities increased by €0.9bn YTD, building up liquidity given the repayment of TLTRO III Liabilities • Customer Deposits growing €1.3bn (+4.6% YTD), with the outperformance of the Retail segment; • Other Liabilities change (+€1.0bn YTD) mostly due to transactions pending settlement and derivatives margin and clearing accounts Capital & Liquidity • ⚫ CET 1 ratio of 12.7%, +90bps capital generation QoQ, from organic profitability and acceleration of balance sheet deleverage (disposal of high density RWA); • Comfortable liquidity position with LCR at 193% and NSFR at 108%. 34
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