Credit Suisse Results Presentation Deck
Group Overview
Rev.
PCL/Costs
Profitability
Balance
Sheet
14
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
CET1 ratio
Risk-weighted assets in CHF bn
Leverage exposure in CHF bn
Liquidity coverage ratio¹
4Q22 3Q22
3,060
2,964
41
41
4,334
3,938
(1,315)
(1,015)
82
14.1%
251
651
144%
4Q21 A 4021
21
21
3,804 4,582 (33)% 14,921
3,798 4,384 (32)% 15,164
(20)
(15)
4,125 6,266
3,869
4,071
(342) (1,664)
(92)
3,698
328
416
(1,393)
(4,034) (2,085)
(13.5) % (38.3)% (20.9)%
142%
108%
137%
203%
2022
n/m
12.6% 14.4%
274
268
(6)%
837
889 (27)%
192%
16
4,205
171 (102)
18,163 19,091
(31)%
(3)% 16,242 16,047
2021 A 2021
n/m (3,258) (600)
(1,249) 6,599
4,048 1,026
n/m
(7,293)
(1,650)
(17.6)% (4.2)%
122%
84%
22,696 (34)%
22,544 (33)%
14.1%
251
651
14.4%
268
889
(5)%
1%
n/m
n/m
n/m
(6) %
(27)%
Reported pre-tax loss
▪of CHF 1,315 mn driven by losses in the Investment Bank
and Wealth Management divisions
▪ included CHF 191 mn real estate gains, CHF 77 mn loss
related to the disposal of the stake in Allfunds Group plc,
CHF 352 mn restructuring expenses and CHF 34 mn
major litigation provisions
Adjusted net revenues
▪ down 32% YoY, driven by reduced client activity across
our divisions
■
reflecting substantially lower Sales & Trading revenues
impacted by our strategic actions, accelerated
deleveraging as well as the industry-wide slowdown in
capital markets and advisory in the Investment Bank
▪ lower recurring revenues in Wealth Management and
Swiss Bank from net assets and deposit outflows
Adjusted operating expenses
▪ stable YoY; actions already mandated in 4Q22 represent
80% of the CHF ~1.2 bn cost savings target for 2023
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 Calculated using a three-month average, which is calculated on a daily basis
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