Summary data

1H 2022 Results

Income statement    1H 2022
Net interest margin 943
Net fee and commission income 361
Operating income 1,355
Net income attributable to the Group 446

KPIs (€m)

Balance sheet 1H 2022
Net loans to customers at amortized cost (incl. debt securities) 74,596
Total Assets 95,829
Due to customers 64,890
Group's consolidated equity 7,209

KPIs (€m)

Key Performance Indicators 1H 2022
Profitability ratios   
Return on Equity 12.4%
Return on Assets 0.9%
Cost/Income ratio 57.3%
Structural ratios   
Net loans to customers / Total Assets* 49.7%
Equity / Total Assets 7.5%
Risk management ratios
Gross NPL ratio 5.0%
NPL Coverage ratio 76%
Capital ratios
CET1 ratio 22.3%
Tier1 ratio 22.3%
Total capital ratio 22.3%
Other KPIs
Net loans to customers* 47,624
Direct funding 67,949
Number of employees 11,610

* Loans to customers include loans and advances to customers at amortised cost and fair value, thus differing from the exposures to customers shown in the financial statement.

 

FY 2021 consolidated results

Income statement    31.12.2021
Net interest margin 1,385
Net fee and commission income 717
Operating income 2,335
Net income attributable to the Parent 333

KPIs (€m)

Balance sheet 31.12.2021
Loans to customers 71,195
Total Assets 91,150
Due to customers 61,388
Group's equity 6,976

KPIs (€m)

Key Ratios 31.12.2021
Profitability ratios   
Return on Equity 4.7%
Return on Assets 0.4%
Cost/Income ratio 61.5%
Structural ratios   
Loans to customers / Total Assets* 50.6%
Equity / Total Assets 7.7%
Risk management ratios
Gross NPL ratio 5.5%
NPL Coverage ratio 74%
Cost of Risk (bps) 114
Capital ratios
CET1 ratio 22.6%
Tier1 ratio 22.6%
Total capital ratio 22.6%
Texas ratio 32%
Other KPIs
Net loans to customers 46,117
Direct funding 65,123
Number of employees 11,448

* Loans to customers include loans and advances to customers at amortised cost and fair value, thus differing from the exposures to customers shown in the financial statement.

 

FY 2020 consolidated results

Income statement    31.12.2020
Net interest margin 1,245
Net fee and commision income 657
Operating income 2,263
Net income 245

KPIs (€m)

Balance sheet 31.12.2020
Loans to customers 70,066
Total Assets 86,797
Due to customers 55,447
Group's equity 6,722

KPIs (€m)

Key Ratios 31.12.2020
Profitability ratios   
Return on Equity 3.6%
Return on Assets 0.3%
Cost/Income ratio 60.8%
Structural ratios   
Loans to customers / Total Assets* 50.3%
Equity / Total Assets 7.7%
Risk management ratios
Gross NPL ratio 6.8%
NPL Coverage ratio 64.0%
Cost of Risk (bps) 140
Capital ratios
CET1 ratio 21.46%
Tier1 ratio 21.47%
Total capital ratio 21.50%
Texas ratio 38%
Other KPIs
Net loans to customers 43,633
Direct funding 60,435
Number of employees 11,301

* Loans to customers include loans and advances to customers at amortised cost and fair value, thus differing from the exposures to customers shown in the financial statement.

FY 2019 consolidated results

Income statement    31.12.2019
Net interest margin 1,179
Net fee and commision income 644
Operating income 2,003
Net income 225

KPIs (€m)

Balance sheet 31.12.2019
Loans to customers 59,393
Total Assets 72,805
Due to customers 50,055
Group's equity 6,480

KPIs (€m)

Key Ratios 31.12.2019
Profitability ratios   
Return on Equity 3.5%
Return on Assets 0.3%
Cost/Income ratio 68.6%
Structural ratios   
Loans to customers / Total Assets* 56.6%
Equity / Total Assets 8.9%
Risk management ratios
Gross NPL ratio 9.3%
NPL Coverage ratio 55.0%
Cost of Risk (bps) 76
Capital ratios
CET1 ratio 19.7%
Tier1 ratio 19.7%
Total capital ratio 19.8%
Texas ratio 48%
Other KPIs
Third party AUM 10,506
Net loans to customers 41,230
Direct funding 56,669
FTEs 11,281

* Loans to customers include loans and advances to customers at amortised cost and fair value, thus differing from the exposures to customers shown in the financial statement

With letter dated February 2, 2022, the European Central Bank (“ECB”) has communicated the consolidated SREP requirements binding on the Gruppo Cassa Centrale (“the Group”) with effect from March 1, 2022.

In particular, the Group needs to comply, on a consolidated basis, with an overall SREP requirement of 10.50%, which includes an additional second pillar capital requirement (P2R) of 2.50% to be held through CET1 instruments for at least 56.25%.

Financial Reports
Read more about Consolidated Report
Scarica i Bilanci del Gruppo Cassa Centrale.