BNP PARIBAS FORTIS 2021 FULL YEAR RESULTS

In attachment you will find the press release and the slideshow of the full year results 2021 of BNP Paribas Fortis.

 

DYNAMIC BUSINESS ACTIVITY IN A CONTEXT OF REBOUND OF THE ECONOMY

 

CUSTOMER LOANS[1] AT EUR 218 BILLION, +5.4%* vs. 31.12.2020

 

CUSTOMER DEPOSITS[2] AT EUR 199 BILLION, +4.9%* vs. 31.12.2020

 

 

 

STRONG SUPPORT FOR THE BELGIAN ECONOMY

 

EUR 38.1 BILLION (+18.7%) OF FINANCING PRODUCTION[3]

 

EUR 134 BILLION (+3.2%) OF LOANS[4]

 

EUR 93.3 BILLION (+10.4%) OFF BALANCE ASSETS UNDER MANAGEMENT[5]

 

 

 

REVENUES: EUR 8,412 MILLION, +7.5%* vs. 2020

HIGHER REVENUES IN BELGIUM DESPITE THE IMPACT OF LOW INTEREST RATES

EXCELLENTPERFORMANCEOF SUBSIDIARIES

COSTS: EUR 4,577 MILLION, +2.7%* vs. 2020

STRICT COST MANAGEMENT WITH A COST REDUCTION IN BELGIUM
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ CONTAINED COST INCREASE IN THE OTHER ACTIVITIES

 

GROSS OPERATING INCOME: EUR 3,835 MILLION, +14.0%* vs. 2020

 

POSITIVE JAWS EFFECT

 

COST OF RISK: EUR 359 MILLION, -15bp vs. 2020

 

COST OF RISK ON AVERAGE OUTSTANDING CUSTOMER LOANS AT 17bp

 

PRE-TAX INCOME: EUR 3,813 MILLION, +26.9%* vs. 2020

 

NET INCOME: EUR 2,593 MILLION, +29.5%* vs. 2020

 

 

 

VERY SOLID FINANCIAL STRUCTURE

COMMON EQUITY TIER 1 RATIO OF 18.0%

LIQUIDITY COVERAGE RATIO OF 192%[6]

 


 * Excluding non-recurrent items, i.e. at constant scope, constant exchange rates and excluding other one-off results.

[1]Loans and receivables due from customers excl. securities and reverse repos and incl. Arval’s rental fleet.
[2]Amounts due to customers excl. repurchase agreements (‘repos’).
[3]Including Belgian subsidiaries.
[4]Including Belgian subsidiaries and including the Arval’s rental fleet in Belgium.
[5]BRB scope, excluding Assets under Administration (AuA).
[6]On a non-consolidated basis.

UK_BNPPF_Press_Release_Results_FY_2021_11032022

PDF 3.0 MB

2022-03-11 Presentation FY results 2021 BNP Paribas Fortis_

PDF 8.3 MB

Get updates in your mailbox

By clicking "Subscribe" I confirm I have read and agree to the Privacy Policy.