We have been delivering quality profitable growth across all regions and offering attractive and sustainable opportunities for our investors, while preserving capital strength and propelling the future
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Financial Capital comprises resources obtained from external providers and generated by our bank’s activities, that are used to support clients’ business and bank operations for the medium-long term.
Our 2023 results
Our targets
2024
Net profit broadly in line with 2023c.16.5%
RoTE (by 2024)c.€10bn
Shareholder distribution in line with value creation31. For FY23: Net profit excludes DTA write-up from TLCF (€893m).
2. FY23 CET1r is net of the accrual for the total FY23 distribution following the new EBA Q&A 2023_6887, i.e. including also the share buy-back not authorised yet by shareholders and supervisor.
3. Of which c.€7.2bn FY23 (Total FY23 distributions less part of first tranche SBB executed within 2023 (€1.4bn)), c.€3bn Interim FY24. Distribution subject to shareholder and supervisory approvals.
Driving shareholder returns
Read more about our position in driving returns to our shareholders
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