Natixis' Q3 earnings release was quite strong. Total revenues were a bit lower than expected (at €1,956m), 2% short of expectations. Total expenses were roughly in line with expectations and cost of risk a bit lower than expected. PBT is therefore roughly in line with expectations. CET1 ratio is 20bp higher than Q2 15 (11.2% vs 11%).
05 Nov 2015
Capital back in shareholders' hands...
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Capital back in shareholders' hands...
- Published:
05 Nov 2015 -
Author:
Farhad Moshiri -
Pages:
2
Natixis' Q3 earnings release was quite strong. Total revenues were a bit lower than expected (at €1,956m), 2% short of expectations. Total expenses were roughly in line with expectations and cost of risk a bit lower than expected. PBT is therefore roughly in line with expectations. CET1 ratio is 20bp higher than Q2 15 (11.2% vs 11%).