Conferences & Roadshows – September 2023
A growth trajectory
fueled by a powerful business model
Conference September 2023| 1
Disclaimer
The figures included in this presentation are unaudited.
On
This presentation includes forward-looking statements based on current beliefs and expectations about future events. Forward-looking statements include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future events, operations, products and services, and statements regarding future performance and synergies. Forward-looking statements are not guarantees of future performance and are subject to inherent risks, uncertainties and assumptions about
The information contained in this presentation as it relates to parties other than
The sum of values contained in the tables and analyses may differ slightly from the total reported due to rounding. The alternative performance measures are defined in the press release published jointly with 2Q23 presentation.
Photo credits (cover page): onlyyouqj; HBS; A_B_C; Adam (Adobe stock).
Conference September 2023| 2
L E A D I N G B A N K I N T H E E U R O P E A N U N I O N
A powerful model forged through historical and strategic developments
Services (CPBS) encompassing banking networks & specialised financial services, and Investment & Protection Services (IPS).
20012006-2009
|
2012 |
2014 |
2014-2017 |
2016 - 2022 |
2022-2023 |
|
Strategic fit of businesses |
Reinforced European |
|
(Retail Banking, specialised |
footprint |
|
businesses, CIB, Insurance, |
with one of the largest |
|
Wealth and Asset |
international networks |
|
Management) |
|
Acceleration in cash |
CIB's new organization, |
|
management |
creation of Global |
|
Markets |
|
|
Launch of regional |
|
|
business development |
Streamlining of |
|
plans ( |
processes & |
|
Pacific…) |
organization (Simple & |
|
Efficient) |
Targeted bolt-on & development of specialised businesses
Digital transformation
Reinforced & recognized leadership in sustainable finance
Strengthened leading positions in
Reinforced execution power
Targeted bolt-on
DB Prime Brokerage
GTS 2025 plan
Additional growth potential from the sale of
Conference September 2023| 3
A powerful business model with strong pillars
|
A client-centric model |
An integrated model |
A diversified model |
A model at scale |
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|
The Group's long term approach is |
Through cooperation between all its |
The Group is diversified by |
The Group's development and |
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client segments, regions, |
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|
powered by its ability to build deep |
businesses & its global connectivity, the |
expansion is bolstered by |
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sectors & businesses which |
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relationships and relies on strong |
Group provides complete coverage of |
digitalization and technologies |
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ensures stronger earnings |
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risk management |
client's needs & accompany them in |
enabling powerful execution at |
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stability & opens growth |
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their development |
marginal costs |
|||||
|
opportunities |
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|
Organic growth in |
|||||
|
Net income (€) |
+ 36.5% |
+13.7% |
|||
|
Reported net income |
|||||
|
excl. Exceptional & |
|||||
|
extraordinary items |
|||||
|
Total after-tax |
|||||
|
exceptional & |
|||||
|
extroardinary items |
|||||
|
1H18 |
1H19 |
1H20 |
1H21 |
1H22 |
1H23 |
|
(incl. BoW) |
(excl. BoW) |
Strong organic growth
offsetting the impact of the Bank of the
West sale
Multiple avenues to grow organically &
through bolt-on sustained by the
redeployment of €7.6bn
Conference September 2023| 4
A balanced and diversified model that supports long-term performance
Disciplined growth and long-term vision
|
Capital allocation supporting the |
Enhanced profitability |
Prudent risk profile |
|
diversified and integrated model |
|
Commercial & |
||
|
CIB 35% |
37% |
Personal Banking |
|
6% 6% |
16% |
Specialised |
Businesses
Other activities
|
ROTE |
|||||
|
(%) |
13.6 |
||||
|
12.4 |
|||||
|
11.2 |
11.0 |
10.6 |
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|
8.7 |
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|
1H18 |
1H19 |
1H20 |
1H21 |
1H22 |
1H23 |
|
Average CoR / GOI, |
|
|
2009-20222 |
65% |
|
38% 39% 40% 42% 42% 44% |
|
|
30% |
Gradual redeployment of capital released by the sale of
(calculated on the basis of a 12% targeted ROTE by 2025 and a 60% C/I ratio)
1. CRD5; 2. Source: Releases of
Conference September 2023| 5
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