Banque Cantonale Vaudoise : Analysts' presentation

2022 Half-Year Results

Analysts' presentation 18 August 2022

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Half-Year 2022 Financial Results

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Agenda

Introduction	HY 2022 financial results	Outlook
Pascal Kiener, CEO	Thomas W. Paulsen, CFO	Pascal Kiener, CEO

Half-Year 2022 Financial Results

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Key messages

Ongoing rise in mortgage loans and other lending, customer deposits stable, decrease in assets under management

Revenue up 6%, mainly driven by fee and commission income, trading income and lower provisioning needs

Operating profit up 12% year on year to CHF 227m and net profit up 14% to CHF 197m - the highest first-half net profit in 15 years

Half-Year 2022 Financial Results

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HY 2022 key figures

CHF (rounded), unaudited figures

Revenues		Operating profit		Net profit
524m		227m		197m
+6%		+12%		+14%

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Total assets		AuM
59.1bn		107.2bn
+6%	-5%

Half-Year 2022 Financial Results

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