BNP Paribas Fortis 2022 Full-Year Results

In attachment you will find the press release and the slideshow of the 2022 full-year results of BNP Paribas Fortis.

 

SOLID BUSINESS GROWTH SUPPORTED BY ALL CONSOLIDATED ACTIVITIES

 

CUSTOMER LOANS[1] AT EUR 244 BILLION, +9.0%* vs. 31.12.2021

 

CUSTOMER DEPOSITS[2] AT EUR 213 BILLION, +2.2%* vs. 31.12.2021

 

 

 

STRONG SUPPORT TO THE BELGIAN ECONOMY

 

EUR 40.4 BILLION (+1.6%*) OF LOANS PRODUCTION[3]

 

EUR 152.2 BILLION (+7.1%*) OF LOANS PORTFOLIO[4]

 

EUR 86.2 BILLION (-10.0%*) OF OFF BALANCE SHEET ASSETS UNDER MANAGEMENT[5]

 

 

 

REVENUES: EUR 9,642 MILLION, +17.1%* vs. 2021

STRONG GROWTH IN REVENUES SUPPORTED BY ALMOST ALL ACTIVITIES

COSTS: EUR 5,072 MILLION, +11.2%* vs. 2021

COSTINCREASETOSUPPORTTHEBUSINESSDEVELOPMENTIMPACTEDBYINFLATION

 

GROSS OPERATING INCOME: EUR 4,570 MILLION, +24.3%* vs. 2021

 

STRONG OPERATIONAL PERFORMANCE AND POSITIVE JAWS EFFECT

 

COST OF RISK: EUR 328 MILLION, -3bp[6]vs. 2021

 

PRUDENT RISK PROFILE REFLECTED IN A LOW COST OF RISK AT 14bp6

 

PRE-TAX INCOME: EUR 4,835 MILLION, +25.1%* vs. 2021

 

NET INCOME : EUR 3,161 MILLION, +18.8%* vs. 2021

 

 

 

VERY SOLID FINANCIAL STRUCTURE

COMMON EQUITY TIER 1 RATIO OF 17.2%

LIQUIDITY COVERAGE RATIO OF 126%[7]

 


 * Excluding retreated items (RI), i.e. at constant scope, constant exchange rates and excluding other one-off results.
[1]Loans and receivables due from customers excluding securities and reverse repos and including Arval’s rental fleet.
[2]Amounts due to customers excl. repurchase agreements (‘repos’).
[3]Including Belgian subsidiaries (excluding the Arval’s rental fleet in Belgium).
[4]Including Belgian subsidiaries (including the Arval’s rental fleet in Belgium).
[5]Commercial & Personal Banking in Belgium (CPB BE) scope, excluding Assets under Administration (AuA).
[6]Cost of risk on average outstanding loans over the period.
[7]On a non-consolidated basis.

2023-03-10 Slideshow Full-Year Results 2022

PDF 5.9 MB

Press Release Full-Year Results 2022

PDF 3.5 MB

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BNP Paribas Fortis (www.bnpparibasfortis.be) offers the Belgian market a comprehensive range of financial services for private individuals, the self-employed, professionals, companies and public organisations. In the insurance sector, BNP Paribas Fortis works closely, as a tied agent, with Belgian market leader AG Insurance. At international level, the Bank also provides high-net-worth individuals, large corporations and public and financial institutions with customised solutions, for which it is able to draw on the know-how and international network of the BNP Paribas Group.

Leader in banking and financial services in Europe, BNP Paribas (www.bnpparibasfortis.be) operates in 64 countries and has nearly 178,000 employees, including more than 144,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Türkiye, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group's performance and stability.