Slides of the press conference - Second quarter and first half results 2022 - Insurance News

Slides of the press conference – Second quarter and first half results 2022

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WORKING EVERY DAY IN THE INTEREST OF OUR CUSTOMERS AND SOCIETY

RESULTS

SECOND QUARTER AND FIRST HALF 2022

Working every day in the interest of

our customers and society

Philippe Brassac

SECOND QUARTER 2022 RESULTS

In an opaque and uncertain environment, the Group continues to grow steadily, thanks to its universal customer-focused banking model. »

2 SECOND QUARTER AND FIRST HALF 2022 RESULTS

CRÉDIT AGRICOLE S.A.

Key figures

Underlying

Revenues

Operating expenses excl. SRF

Gross operating income

Cost of risk

Underlying net income

Group share

Reported

Specific items

Reported net income

Group share

Q2 2022	H1 2022
€6,188m	€12,116m
+6.2% Q2/Q2	+6.9% H1/H1
-€3,388m	-€6,887m
+5.2% Q2/Q2	+7.4% H1/H1
€2,789m	€4,582m
+7.4% Q2/Q2	+4.1% H1/H1
-€203m	-€748m
-20.4% Q2/Q2	+17.2% H1/H1
€1,908m	€2,665m
+18.1% Q2/Q2	+4.6% H1/H1
€68m	-€136m
€1,976m	€2,528m
+0.4% Q2/Q2	-16.1% H1/H1

CRÉDIT AGRICOLE S.A.

Cost/income	54.8%
ratio(1)
	-0.5 pp Q2/Q2
i.e., in the MTP target
Solvency	11.3%
(Phased-in CET1)	+3.4 pp vs.
i.e., in the MTP target	SREP

ROTE(2)	13.9%
H1-22 Underlying

Underlying cost/income ratio excl. SRF
Underlying ROTE calculated on the basis of annualised underlying net income and annualised IFRIC costs

3 SECOND QUARTER AND FIRST HALF 2022 RESULTS

CRÉDIT AGRICOLE GROUP

Key figures

Underlying

Revenues

Operating expenses excluding SRF

Gross operating income

Cost of risk

Underlying net income

Group share

Reported

Specific items

Reported net income

Group share

Underlying cost/income ratio excl. SRF

Q2 2022	H1 2022
€9,636m	€19,237m
+3.7% Q2/Q2	+4.7% H1/H1
-€5,824m	-€11,716m
+5.8% Q2/Q2	+6.5% H1/H1
€3,805m	€6,719m
+0.7% Q2/Q2	+0.1% H1/H1
-€615m	-€1,309m
+38.2% Q2/Q2	+33.3% H1/H1
€2,447m	€3,931m
+3.4% Q2/Q2	-0.9% H1/H1
€322m	€169m
€2,769m	€4,100m
stable Q2/Q2	-9.4% H1/H1

CRÉDIT AGRICOLE GROUP

Cost/income	60.4%
ratio(1)	+1.2 pp Q2/Q2

i.e., in the MTP target

Solvency	17.5%

(Phased-in CET1) +8.6 pp

i.e., in the MTP target	vs. SREP

4 SECOND QUARTER AND FIRST HALF 2022 RESULTS

CRÉDIT AGRICOLE GROUP

CRÉDIT AGRICOLE S.A.

In an opaque and uncertain environment, the Group continues to grow steadily, thanks to its universal customer-focused banking model

An intrinsic development model, based on global relationship with all customers,

thanks to competitive and innovative business lines, at their service

1. A similar development model exists for corporate segment and all other customers segments 2. Market share of

LCL and Regional banks household and related loans as of December 2021, study Crédit Agricole S.A. 3. Market

488,000

new customers in Q2(1)

+8.4%

loan production(2) Q2/Q2

+10.2%

Revenues from Property

Casualty insurance Q2/Q2

+€5.9bn

net inflows

Asset gathering

and Insurance division Q2/Q2

1 million new customers(1)

since the start of 2022

CA #1 in home loans in

France(3)

1 out of 4 loans

#1 bancassurer in Europe(4)

#1 European asset

manager(5)

share on merchant acquisition, in number of transactions, Banque de France Monétique data, as of 2020 4. Market

share of UCITS (all client segments) in France as of December 2021 5. End 2020, scope: annual contributions for

term insurance for death + funeral coverage + long-term care 6. End 2020, scope: annual contributions collected by

CAA originated by Regional banks and LCL 7. End 2020, Prédica outstandings 8. End 2020, Pacifica & La Médicale

de France Property & Casualty business, annual contributions. Market size: Argus de l'Assurance

New customers = gross customer capture. Net customer capture in retail banking in France, Italy and Poland (Q2: 111,000 customers/H1: 238,000 customers)
Excluding State-guaranteed loans, Regional Banks and LCL
Crédit Agricole Group
Based on insurance premium income in 2020
IPE (Investment & Pensions Europe) 2022 Asset Management Guide

5 SECOND QUARTER AND FIRST HALF 2022 RESULTS

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Crédit Agricole SA published this content on 04 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 August 2022 05:00:17 UTC.