Natixis released its numbers for Q3 17. Total revenues at €2.21bn were 1.3% above expectations and our own forecasts, driven especially by the investment solutions (IS) division. Total expenses at €1.53bn were in line with expectations and slightly higher than our forecasts (€1.52bn). With total loan losses in line as well (but below our expectations), net operating income at €674m was 5.5% above expectations and our expectations. The CET1 ratio at 11.5% was 20bp higher qo
07 Nov 2017
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Good numbers!
- Published:
07 Nov 2017 -
Author:
Farhad Moshiri -
Pages:
3
Natixis released its numbers for Q3 17. Total revenues at €2.21bn were 1.3% above expectations and our own forecasts, driven especially by the investment solutions (IS) division. Total expenses at €1.53bn were in line with expectations and slightly higher than our forecasts (€1.52bn). With total loan losses in line as well (but below our expectations), net operating income at €674m was 5.5% above expectations and our expectations. The CET1 ratio at 11.5% was 20bp higher qo