Credit Suisse Results Presentation Deck slide image

Credit Suisse Results Presentation Deck

Group Overview Rev. 8 PCL/Costs Profitability Balance Sheet Credit Suisse Group in CHF mn Net revenues Adjusted net revenues Provision for credit losses Adjusted provision for credit losses Operating expenses Adjusted operating expenses Pre-tax income/(loss) Adjusted pre-tax income/ (loss) Income tax expense Net income/(loss) attributable to shareholders Return on tangible equity Cost/income ratio Risk-weighted assets in CHF bn Leverage exposure in CHF bn Liquidity coverage ratio² 3Q22 3,804 3,798 21 21 4,125 3,869 (342) (92) 3,698 (4,034) (38.3)% 108% 274 837 192% 2Q22 3,645 3,820 64 64 4,754 4,198 (1,173) (442) 419 (1,593) (15.0)% 130% 274 863 191% 3Q21 5,437 5,504 (144) 44 4,573 4,098 1,008 1,362 570 434 4.5% 84% 278 937 221% A 2022 4% (1) % (13)% (8)% n/m n/m n/m 0% (3)% A 3Q21 (30)% (31)% (10)% (6) % n/m n/m n/m (2)% (11)% Reported net revenues down 30% YoY, driven by substantially lower ECM and Leveraged Finance activity, as well as mark-to-market losses of USD 120 mn, in the Investment Bank and subdued client activity in Wealth Management Reported operating expenses included CHF 178 mn of major litigation provisions¹; adjusted operating expenses down 6% YoY driven by lower compensation and benefits expenses, partly offset by an impairment of IT-related assets in Wealth Management of CHF 145 mn Net loss significantly impacted by the impairment of deferred tax assets of CHF 3,655 mn as a result of the comprehensive strategic review Note: Results excluding certain items in our reported results are non-GAAP financial measures. See the appendix of this presentation for detailed information and defined terms as well as important presentation and other information relating to non-GAAP financial measures, including reconciliations. 1 Net litigation provisions of CHF 245 mn in 3022 2 Calculated using a three-month average, which is calculated on a daily basis CREDIT SUISSE
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