0.
THIRD QUARTER 2022 RESULTS
Please note that some of the figures in the quarterly series may differ from those originally published in previous reports (due, for example, to adjustments subsequent to organisational changes) and please also refer to quarterly presentations for methodological explanations.

&1#&"Calibri"&10&K0078D7Classification : Internal

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Group results
€m 2022 4Q22 3Q22 2Q22 1Q22 2021 4Q21 3Q21 2Q21 1Q21
Scénario Scénario Scénario Scénario Scénario
Catégorie Catégorie Catégorie Catégorie Catégorie
Décembre Décembre Septembre Juin Mars
Cumulé Trimestre Trimestre Trimestre Trimestre
En millions d'euros
Group Groupe
Revenues PNB 5,720 -32,386 12,311 12,781 13,218 46,235 11,232 11,398 11,776 11,829
incl. Interest Income 0 0 5,721 5,695 5,734 21,209 5,169 5,218 5,370 5,452
incl. Commissions 0 0 2,572 2,615 2,637 10,717 2,919 2,603 2,640 2,555
Operating Expenses and Dep. Frais de gestion -4,302 20,927 -7,857 -7,719 -9,653 -31,111 -7,930 -7,412 -7,172 -8,597
Gross Operating Income RBE 1,417 -11,460 4,454 5,062 3,565 15,124 3,302 3,986 4,604 3,232
Cost of Risk Coût du risque -281 1,707 -947 -789 -456 -2,925 -510 -706 -813 -896
Operating Income Résultat d'exploitation 1,136 -9,753 3,507 4,273 3,109 12,199 2,792 3,280 3,791 2,336
Share of Earnings of Equity-Method Entities Quote-part du résultat net des sociétés mises en équivalence 342 -261 187 251 165 494 138 131 101 124
Other Non Operating Items Autres éléments hors exploitation -23 -44 40 -22 3 944 240 39 302 363
Non Operating Items Eléments hors exploitation 319 -305 227 229 168 1,438 378 170 403 487
Pre-Tax Income Résultat avant impôt 1,455 -10,058 3,734 4,502 3,277 13,637 3,170 3,450 4,194 2,823
Corporate Income Tax Impôt sur les bénéfices 0 3,093 -881 -1,240 -1,047 -3,757 -759 -836 -1,193 -969
Net Income Attributable to Minority Interests Intérêts minoritaires 0 298 -92 -85 -122 -392 -105 -111 -90 -86
Net Income Attributable to Equity Holders Résultat net part du groupe 1,455 -6,667 2,761 3,177 2,108 9,488 2,306 2,503 2,911 1,768
Cost/income 75.2% 64.6% 63.8% 60.4% 73.0% 67.3% 70.6% 65.0% 60.9% 72.7%
Average loan outstandings (€bn) 0 0 875.3 851.8 828.3 792.4 806.4 793.5 787.9 781.9
Average deposits (€bn) 0 0 865.2 842.9 824.7 790.3 809.3 796.2 785.4 770.2
Loan outstandings at the beginning of the quarter (used for cost of risk in bp) 0 0 963.7 942.7 903.8 867.7 883.0 873.9 866.8 846.9
Cost of risk (in annualised bp) 0 0 39 33 20 34 23 32 38 42

&1#&"Calibri"&10&K0078D7Classification : Internal

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&1#&"Calibri"&10&K0078D7Classification : Internal

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€ 30.09.22 30.06.22 31.03.22 31.12.21 30.09.21 30.06.21 31.03.21 31.12.20 30.09.20 30.06.20 31.03.20 31.12.19 30.09.19 30.06.19 31.03.19 31.12.18 30.09.18 30.06.18 31.03.18 31.12.17 30.09.17 30.06.17 31.03.17 31.12.16 30.09.16 30.06.16 31.03.16 31.12.15 30.09.15 30.06.15 31.03.15 31.12.14* 30.09.14* 30.06.14* 31.03.14* 31.12.13* 30.09.13* 30.06.13* 31.03.13* 31.12.12* 30.09.12* 30.06.12* 31.03.12* 31.12.11
DATA PER SHARE
Return on equity (%)
Return on Equity 10.1% 11.0% 12.0% 8.9% 9.2% 9.4% 9.4% 6.7% 7.3% 7.7% 7.0% 8.5% 9.0% 9.6% 9.7%*** 8.2% 9.5%*** 9.6% 10.2%*** 8.9% 9.8% 10.6% 10.4% 9.3% 9.8% 9.7% 9.4% 9.2% 9.6% 10.1% 9.6% 7.7%** 7.9%** 7.8%** 5.9% 6.1% 7.5% 7.7% 7.7% 8.9% 8.5% 9.1% 11.5% 8.8%
Return on Tangible Equity 11.4% 12.4% 13.5% 10.0% 10.4% 10.6% 10.6% 7.6% 8.2% 8.7% 8.0% 9.8% 10.3% 11.0% 11.2%*** 9.6% 11.0%*** 11.2% 11.9%*** 10.5% 11.6% 12.5% 12.3% 11.1% 11.7% 11.6% 11.2% 11.1% 11.7% 12.3% 11.7% 9.3%** 9.5%** 9.3%** 7.0% 7.3% 9.0% 9.3% 9.2% 11.1% 10.6% 11.3% 14.3% 11.1%
Number of shares (in millions)
Number of Shares (end of period) 1,234.0 1,234.0 1,234.0 1,234.0 1,250.0 1,250.0 1,249.8 1,249.8 1,249.8 1,249.8 1,249.8 1,249.8 1,249.8 1,249.8 1,249.8 1,249.8 1,249.8 1,249.8 1,249.8 1,248.9 1,248.6 1,248.4 1,247.9 1,247.0 1,246.5 1,246.5 1,246.4 1,246.4 1,246.3 1,246.2 1,246.1 1,246.0 1,246.3 1,246.2 1,246.2 1,245.2 1,244.7 1,244.5 1,244.3 1,242.3 1,253.8 1,253.7 1,207.8 1,207.7
Number of Shares excluding Treasury Shares (end of period) 1,233.0 1,232.0 1,233.0 1,234.0 1,246.0 1,249.0 1,248.6 1,248.1 1,248.5 1,247.7 1,249.1 1,248.6 1,248.4 1,248.1 1,247.4 1,247.6 1,248.8 1,248.5 1,248.2 1,248.1 1,246.4 1,246.9 1,245.1 1,246.1 1,243.6 1,245.6 1,243.6 1,244.8 1,244.3 1,242.9 1,241.6 1,243.0 1,240.0 1,241.4 1,244.1 1,242.4 1,240.8 1,241.6 1,241.2 1,238.8 1,234.8 1,238.0 1,190.6 1,191.8
Average number of Shares outstanding excluding Treasury Shares 1,233.0 1,233.0 1,233.0 1,247.0 1,248.0 1,248.0 1,248.1 1,247.8 1,247.8 1,248.0 1,248.2 1,248.0 1,247.8 1,247.6 1,247.5 1,248.3 1,248.4 1,248.2 1,248.1 1,246.4 1,246.1 1,245.8 1,245.5 1,244.5 1,244.4 1,246.1 1,243.8 1,243.0 1,242.5 1,241.9 1,241.6 1,241.9 1,242.1 1,242.9 1,242.9 1,241.3 1,241.0 1,240.8 1,239.7 1,214.5 1,207.1 1,192.3 1,191.2 1,197.4
Book value per share (€bn)
Book Value per Share 89.1 87.6 89.5 88.0 85.8 85.4 83.7 82.3 81.2 81.0 79.0 79.0 78.0 75.7 76.7 74.7 73.3 72.4 73.6 75.1 74.3 73.3 75.1 73.9 73.1 71.8 71.7 70.9 69.8 68.8 70.2 66.6 65.2 62.7 66.7 65.0 64.3 63.3 64.5 63.1 62.3 60.1 61.2 57.1
Tangible Book Value per Share 79.3 78.0 80.1 78.7 76.8 76.3 74.5 73.2 72.2 71.8 69.7 69.7 68.7 66.6 67.1 64.8 63.7 62.4 63.7 65.1 64.4 63.3 64.8 63.3 62.7 61.1 61.1 60.2 58.6 57.5 58.8 55.7 54.4 52.6 56.8 55.0 54.3 53.2 54.2 52.4 51.2 49.0 49.9 45.4
Book Value per Share non Reevaluated 90.2 88.1 89.3 87.8 85.6 85.3 84.0 82.7 81.5 80.0 78.2 77.3 75.9 74.5 75.6 74.3 73.2 71.6 72.8 72.6 71.4 69.9 70.7 69.0 67.7 66.1 66.5 65.5 64.9 63.5 62.7 61.7 60.5 59.4 64.5 63.4 62.7 61.5 61.6 60.5 60.2 59.2 60.2 58.2
Tangible Book Value per Share non Reevaluated 80.4 78.4 79.8 78.5 76.6 76.3 74.8 73.6 72.4 70.8 69.0 68.0 66.7 65.4 66.0 64.4 63.6 61.6 62.9 62.6 61.5 59.9 60.4 58.4 57.3 55.4 55.9 54.8 53.7 52.2 51.3 50.8 49.7 49.3 54.5 53.4 52.7 51.4 51.4 49.8 49.1 48.1 48.9 46.6
Earnings per share (€)
Net Earnings/(Loss) per Share 6.19 4.04 1.53 7.26 5.49 3.56 1.31 5.31 4.12 2.69 0.93 6.21 4.82 3.35 1.46 5.73 4.65 3.02 1.18 6.05 4.87 3.30 1.44 6.00 4.92 3.43 1.39 5.14 4.63 3.22 1.27 4.70 3.61 2.37 1.08 3.68 3.63 2.59 1.22 5.17 4.83 3.84 2.35 4.82
* Restated according to the IFRIC 21 interpretation (2014), IFRS 10-11 (2013) and IAS 19 (2012); ** Costs relative to the comprehensive settlement with US authorities have been restated
*** Excluding one-off items (see slides 5 of Q1 2015 results, Q2 2015 results, Q3 2015 results, FY 2015 results, Q1 2016 results, Q2 2016 results, Q3 2016 results, Q1 2017 results , Q1 2018 results, Q3 2018 results and Q1 2019 results)
€m 30.09.22 30.06.22 31.03.22 31.12.21 30.09.21 30.06.21 31.03.21 31.12.20 30.09.20 30.06.20 30.03.20 31.12.19 30.09.19 30.06.19 31.03.19 31.12.18 30.09.18 30.06.18 31.03.18 31.12.17 30.09.17 30.06.17 31.03.17 31.12.16 30.09.16 30.06.16 31.03.16 31.12.15 30.09.15 30.06.15 31.03.15 31.12.14* 30.09.14* 30.06.14* 31.03.14* 31.12.13* 30.09.13* 30.06.13* 31.03.13* 31.12.12* 30.09.12* 30.06.12* 31.03.12* 31.12.11
BALANCE SHEET SELECTED DATA
Total Assets 3,009,340 2,891,007 2,860,836 2,634,444 2,725,667 2,671,803 2,660,266 2,488,491 2,595,498 2,622,988 2,673,276 2,164,713 2,510,204 2,372,620 2,284,496 2,040,836 2,234,226 2,234,485 2,150,517
Financial Assets at Fair Value Through Profit or Loss 922,214 861,483 826,015 681,738 807,286 788,625 829,013 689,584 780,065 806,342 939,106 576,149 879,734 770,890 715,020 538,565 730,649 709,239 660,867
Financial Assets at Fair Value Through shareholders' equity 36,582 40,670 41,913 41,464 45,067 46,049 52,710 58,190 57,556 61,291 64,192 52,669 56,749 55,505 53,975 55,989 53,043 52,784 56,879
Derivatives used for hedging purposes 21,772 15,497 8,977 8,680 9,380 9,075 9,879 15,600 17,192 16,359 15,791 12,452 18,150 15,037 11,027 9,810 10,962 11,750 11,727
Financial Assets at amortised cost 1,034,428 1,011,567 994,203 944,261 988,007 976,885 974,384 946,831 968,899 1,000,981 1,001,020 935,923 936,797 924,239 896,550 860,500 841,084 841,664 825,038
of which Loans and Receivables Due From Credit Institutions 47,368 37,341 37,523 21,751 31,118 33,133 33,280 18,982 37,896 45,888 41,825 21,692 39,177 40,015 33,510 19,556 25,708 22,433 23,900
of which Loans and Receivables Due From Customers 869,500 855,044 838,965 814,000 835,693 825,226 821,991 809,533 811,409 828,053 841,099 805,777 797,357 793,960 783,273 765,871 744,632 747,799 734,053
Shareholders' Equity 120,764 115,945 119,050 117,886 116,169 115,991 113,788 112,799 111,786 111,469 109,037 107,453 107,157 104,135 105,340 101,467 99,876 98,711 100,102
Goodwill 5,295 5,282 5,164 5,121 7,424 7,551 7,626 7,493 7,584 7,719 7,794 7,817 7,821 7,694 8,260 8,487 8,458 8,389 9,482
BALANCE SHEET SELECTED DATA
Total Assets 1,960,252 2,158,500 2,142,961 2,197,658 2,076,959 2,173,877 2,171,989 2,121,021 1,994,193 2,145,416 2,138,509 2,392,177 2,077,758 2,068,648 1,906,652 1,882,798 1,810,522 1,856,671 1,858,495 1,960,881 1,907,200 1,993,505 1,969,943 1,965,283
Financial Assets at Fair Value Through Profit or Loss 590,172 727,833 688,976 729,452 691,727 769,014 789,489 769,343 684,983 841,533 828,859 1,039,669 813,647 837,782 739,416 717,518 683,711 740,799 728,969 804,083 762,740 797,284 797,616 820,463
Available-for-Sale Financial Assets 231,975 241,972 247,455 255,527 267,559 268,496 265,409 261,126 258,933 263,198 267,055 270,148 252,292 240,031 224,000 211,501 199,056 195,095 191,530 192,822 192,506 185,182 183,892 192,468
Loans and Receivables Due From Credit Institutions 45,670 46,741 46,345 49,187 47,411 54,204 55,967 42,665 43,427 40,647 43,803 46,018 43,348 50,330 54,280 87,002 57,545 80,495 72,756 56,254 40,406 38,778 49,883 49,369
Loans and Receivables Due From Customers 727,675 711,589 715,466 718,009 712,233 690,082 693,304 691,620 682,497 676,548 697,405 696,737 657,403 647,129 623,703 618,791 612,455 596,420 608,246 618,418 630,520 636,459 657,441 665,834
Shareholders' Equity 101,983 100,544 99,318 102,076 100,665 98,711 97,509 98,549 96,269 94,788 92,078 93,921 89,458 87,564 84,482 89,752 87,433 86,510 86,005 87,388 85,444 84,239 81,721 75,370
Goodwill 9,571 9,653 9,791 10,135 10,216 9,997 10,116 10,049 10,316 10,913 11,024 11,172 10,577 10,547 9,925 9,865 9,846 9,901 10,085 10,192 10,591 11,116 11,181 11,406
* Restated according to the IFRIC 21 interpretation (2014), IFRS 10-11 (2013) and IAS 19 (2012)
30.09.22 30.06.22 31.03.22 31.12.21 30.09.21 30.06.21 31.03.21 31.12.20 30.09.20 30.06.20 31.03.20 31.12.19 30.09.19 30.06.19 31.03.19 31.12.18 30.09.18 30.06.18 31.03.18** 31.12.17 30.09.17 30.06.17 31.03.17 31.12.16 30.09.16 30.06.16 31.03.16 31.12.15 30.09.15 30.06.15 31.03.15 31.12.14 30.09.14 30.06.14 31.03.14 31.12.13 30.09.13 30.06.13 31.03.13 31.12.12 30.09.12 30.06.12 31.03.12 31.12.11
CREDIT QUALITY METRICS*
Doubtful loans (€bn) 20.1 20.7 21.6 21.8 23.1 23.6 23.8 23.3 24.0 24.4 23.7 23.1 25.8 25.7 26.5 26.2 27.1 27.8 28.4 27.9 28.0 28.2 30.0 31.2 30.8 30.6 30.3 30.7 31.4 31.8 31.9 31.5 32.9 32.3 32.7 32.3 32.3 31.9 31.4 33.2 33.3 33.8 33.4 33.1
Allowance for loan losses (€bn) 14.7 15.1 15.8 16.1 17.0 16.8 16.8 16.7 17.1 17.6 17.3 17.1 19.4 19.2 20.1 19.9 21.5 22.1 22.1 25.3 24.9 25.1 26.8 27.8 27.2 27.2 26.9 26.9 27.8 27.8 27.8 27.2 28.5 26.6 26.6 26.3 26.3 26.4 26.5 27.6 27.4 27.2 27.1 27.2
Coverage ratio (%) 73.1% 73.2% 73.3% 73.6% 73.6% 71.3% 70.6% 71.5% 71.3% 72.3% 73.2% 74.0% 75.2% 74.6% 75.9% 76.2% 79.3% 79.4% 77.8% 91% 89% 89% 89% 89% 88% 89% 89% 88% 89% 87% 87% 87% 86% 83% 81% 81% 81% 83% 84% 83% 82% 80% 81% 82%
Doubtful loans / gross outstandings (%) 1.7% 1.8% 1.9% 2.0% 2.0% 2.1% 2.1% 2.1% 2.2% 2.2% 2.1% 2.2% 2.4% 2.5% 2.6% 2.6% 2.8% 2.9% 2.9% 3.3% 3.4% 3.4% 3.6% 3.8% 3.8% 3.9% 3.9% 4.0% 4.1% 4.0% 4.0% 4.2% 4.4% 4.5% 4.3% 4.5% 4.4% 4.3% 4.3% 4.6% 4.5% 4.4% 4.4% 4.3%
* Excluding Greek debt
'** New definition as from 01.01.18 Coverage ratio=Allowance (a) / Doubtful loans (b) (a) Stage 3 provisions (b) Impaired loans (stage 3) to customers and credit institutions, on-balance sheet and off-balance sheet, netted of guarantees, including debt securities measured at amortized costs or at fair value through shareholders' equity (excluding insurance)
Doubtful loans (a) / gross outstandings(b) (a) Impaired loans (stage 3) to customers and credit institutions, not netted of guarantees, including on-balance sheet and off-blance sheet and debt securities measured at amortized costs or at fair value through shareholders' equity (b) Gross loans outstanding to customers and credit institutions, on-balance sheet and off-balance sheet and including debt securities measured at amortized costs or at fair value through shareholders' equity

&1#&"Calibri"&10&K0078D7Classification : Internal

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€bn 30.09.22*** 30.06.22*** 31.03.22*** 31.12.21*** 30.09.21*** 30.06.21*** 31.03.21*** 31.12.20*** 30.09.20*** 30.06.20*** 31.03.20*** 31.12.19 30.09.19 30.06.19 31.03.19 31.12.18* 30.09.18* 30.06.18* 31.03.18* 31.12.17* 30.09.17* 30.06.17* 31.03.17* 31.12.16* 30.09.16* 30.06.16* 31.03.16* 31.12.15* 30.09.15* 30.06.15* 31.03.15* 31.12.14* 30.09.14* 30.06.14* 31.03.14* 31.12.13 30.09.13 30.06.13 31.03.13 31.12.12 30.09.12 30.06.12 31.03.12 31.12.11
PRUDENTIAL STATISTICS
Risk-Weighted Assets 766 756 745 714 712 705 703 696 686 696 697 669 677 669 667 647 645 657 638 641 635 638 640 638 630 634 624 630 624 630 642 614 607 620 617 560 550 563 578 552 565 578 576 614
Common equity Tier 1 Capital 92.8 92.0 92.1 92.0 92.5 91.1 89.7 88.8 86.6 86.0 83.3 81.2 81.1 79.7 77.9 76.2 75.9 75.4 74.2 76.1 75.6 75.5 75.0 74.1 72.9 71.2 69.4 69.6 68.0 67.9 67.2 64.5 62.6 63.3 67.7 65.7 69.4 68.6 67.9 64.7 64.6 63.2 60.1 58.9
Tier 1 capital 103.4 99.7 100.5 100.3 101.5 100.2 98.8 98.8 96.6 96.3 93.7 90.0 90.0 89.3 87.9 84.9 84.5 84.1 82.9 84.4 83.2 83.4 83.6 82.2 80.2 78.9 78.3 76.9 75.4 73.9 73.4 70.4 69.1 69.8 74.3 71.9 75.8 76.5 75.4 74.8 74.8 73.3 70.2 71.0
Total Eligible Capital 121.8 118.7 119.3 117.3 118.4 116.1 113.6 113.8 111.7 110.6 108.2 103.7 104.1 102.0 100.8 97.2 95.9 95.5 94.0 94.7 93.2 93.8 94.5 92.5 90.6 88.9 87.0 85.9 83.9 81.6 81.4 77.2 74.1 75.0 80.1 80.0 84.3 85.7 84.8 85.5 86.1 85.0 83.2 86.0
% 30.09.22*** 30.06.22*** 31.03.22*** 31.12.21*** 30.09.21*** 30.06.21*** 31.03.21*** 31.12.20*** 30.09.20*** 30.06.20*** 31.03.20*** 31.12.19 30.09.19 30.06.19 31.03.19 31.12.18* 30.09.18* 30.06.18* 31.03.18* 31.12.17* 30.09.17* 30.06.17* 31.03.17* 31.12.16* 30.09.16* 30.06.16* 31.03.16* 31.12.15* 30.09.15* 30.06.15* 31.03.15* 31.12.14* 30.09.14* 30.06.14* 31.03.14* 31.12.13 30.09.13 30.06.13 31.03.13 31.12.12 30.09.12 30.06.12 31.03.12 31.12.11
Common equity Tier 1 ratio 12.1% 12.2% 12.4% 12.9% 13.0% 12.9% 12.8% 12.8% 12.6% 12.4% 12.0% 12.1% 12.0% 11.9% 11.7% 11.8% 11.8% 11.5% 11.6% 11.9%** 11.9% 11.8% 11.7% 11.6% 11.6% 11.2% 11.1% 11.0% 10.9% 10.8% 10.5% 10.5% 10.3% 10.2% 11.0% 11.7% 12.6% 12.2% 11.7% 11.7% 11.4% 10.9% 10.4% 9.6%
Tier 1 ratio 13.5% 13.2% 13.5% 14.0% 14.3% 14.2% 14.0% 14.2% 14.1% 13.9% 13.4% 13.5% 13.3% 13.3% 13.2% 13.1% 13.1% 12.8% 13.0% 13.2% 13.1% 13.1% 13.1% 12.9% 12.7% 12.4% 12.6% 12.2% 12.1% 11.7% 11.4% 11.5% 11.4% 11.3% 12.0% 12.8% 13.8% 13.6% 13.0% 13.6% 13.2% 12.7% 12.2% 11.6%
Total capital ratio 15.9% 15.7% 16.0% 16.4% 16.6% 16.5% 16.2% 16.4% 16.3% 15.9% 15.5% 15.5% 15.4% 15.2% 15.1% 15.0% 14.9% 14.5% 14.7% 14.8% 14.7% 14.7% 14.8% 14.5% 14.4% 14.0% 13.9% 13.6% 13.4% 13.0% 12.7% 12.6% 12.2% 12.1% 13.0% 14.3% 15.3% 15.2% 14.7% 15.5% 15.3% 14.7% 14.4% 14.0%
* Basel 3 (CRD4) taking into consideration CRR transitory provisions (but with full deduction of goodwill)
** Reminder: pro forma Core EquityTier 1 ratio as at 01.01.18: 11.7%
*** Including IFRS 9 transitional provisions

&1#&"Calibri"&10&K0078D7Classification : Internal

5.
€m 3Q22 2Q22 1Q22 4Q21 3Q21 2Q21 1Q21 4Q20 3Q20 2Q20 1Q20 4Q19 3Q19 2Q19 1Q19 4Q18 3Q18 2Q18 1Q18 4Q17 3Q17 2Q17 1Q17 4Q16 3Q16 2Q16 1Q16 4Q15 3Q15 2Q15 1Q15 4Q14 3Q14 2Q14 1Q14 4Q13 3Q13 2Q13 1Q13 4Q12 3Q12 2Q12 1Q12 4Q11
AVERAGE ONE-DAY, 99% VALUE-AT-RISK 34 34 33 32 31 33 55 45 46 54 35 26 25 20 23 27 23 24 25 22 22 27 31 31 28 34 43 43 43 37 31 28 29 36 33 35 35 42 32 34 40 46 48 52

&1#&"Calibri"&10&K0078D7Classification : Internal

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BNP Paribas SA published this content on 03 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 November 2022 06:14:04 UTC.