Financial Results

• Q2 ’23 net profit of € 181 million and RoTCE 25.9%
• Customer deposits +1% and customer funding +3%
• Ongoing strong asset quality with risk costs stable at € 20 million or 19 basis points
• H1 ’23 net profit of € 320 million (+31% vs H1 ’22) and RoTCE 23.2%
• CET1 ratio at 14.8% after deducting dividend accrual of € 176 million
• Share buyback application filed early June for € 175 million … process on track
• 2023 Financial targets updated to Profit before tax >€ 875 million, EPS >€ 8.20, DPS >€4.50
• Return targets for 2023 & beyond of >20% RoTCE and <34% CIR

Earnings Presentation(PDF)
Press Release(PDF)
Key financials(XLS)
Webcast