Natixis released its Q2 16 earnings. Total revenues are 4% higher than expectations. With costs 4% higher than consensus forecasts and total loan losses in line with expectations, the operating profit is 4% higher than expectations. CET1 ratio at 11% (after accrual dividend) is 20bp higher than Q1 16 and 225bp above the ratio required by regulators.
29 Jul 2016
Mixed P&L results, capital generation going on
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Mixed P&L results, capital generation going on
- Published:
29 Jul 2016 -
Author:
Farhad Moshiri -
Pages:
2
Natixis released its Q2 16 earnings. Total revenues are 4% higher than expectations. With costs 4% higher than consensus forecasts and total loan losses in line with expectations, the operating profit is 4% higher than expectations. CET1 ratio at 11% (after accrual dividend) is 20bp higher than Q1 16 and 225bp above the ratio required by regulators.