Financial resources obtained from external providers and generated by our bank's activity, that are used to support clients' business and bank operations for the medium-long term.1
1. Financial data corresponds to information in our 2022 Annual Reports and Accounts. When not applicable, management data is used. For additional information on Group results, refer to the 2022 Annual Reports and Accounts and to the Presentation on 2022 preliminary results available on the investors section of the Group website. Refer to Our Strategy chapter for more information.
Results and targets
2022 Results
Targets
A. Stated net profit adjusted for AT1 and CASHES coupons and impacts from DTAs tax loss carry forward contribution.
B. Share buyback plus cash dividends cumulative (o/w c ash payout ratio for 2022 is expected at 35%). Shareholder distribution subject to Annual General Meeting and Supervisory Authorities approval.
C. Net profit over average tangible equity excluding AT1, CASHES and DTA from tax loss carry forward contribution
Highlights
Cost of risk in 2022
of total amount ESG Bonds
ESG Bonds
1 Social Bond issued
1 Stated net profit adjusted for AT1 and CASHES coupons and impacts from DTAs tax loss carry forward contribution.
