2023 Integrated Report

1. Outlook

OUR PERFORMANCE IN 2023 REFLECTS OUR POSITION AS THE EUROPEAN UNION’S LEADING BANK

  • €46.9bnDistributable revenues(3)
  • €11.2bnDistributable net income, Group share(3)
  • €474bnImmediately available liquidity reserve
  • 13.2%CET1 ratio(4)

(1) In terms of market capitalisation. (2) Figures as at 31 December 2023 on an FTE basis (Full-Time Equivalent, headcount pro rata to working hours). For permanent and fixed-term contracts; unpaid absentees are not included in these figures. Figures detailed on the above map have been rounded. (3) Results used to calculate the payout in 2023 reflecting the Group’s intrinsic performance after the impact of the disposal of Bank of the West and after the contribution to the creation of the Single Resolution Fund (SRF), excluding extraordinary items - Changes calculated on this basis. (4) Common Equity Tier 1 (CET1), fully loaded Basel 3. Solvency ratio. Capital Requirements Directive (CRD 5); including IFRS 9 transitional arrangements.