Natixis released its numbers for Q419. Top line growth was solid vs. expectations at a time when costs were strongly under control in the two main divisions (CIB and A&WM). CET1 ratio at 11.3% was 10bps above the 2020 CET1 ratio target but 20bps lower QoQ. DPS at 0.31€ was in line with expectations however (>80% pay-out ratio).
07 Feb 2020
Good results
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Good results
- Published:
07 Feb 2020 -
Author:
Farhad Moshiri -
Pages:
2
Natixis released its numbers for Q419. Top line growth was solid vs. expectations at a time when costs were strongly under control in the two main divisions (CIB and A&WM). CET1 ratio at 11.3% was 10bps above the 2020 CET1 ratio target but 20bps lower QoQ. DPS at 0.31€ was in line with expectations however (>80% pay-out ratio).