BPCE - 2019 Universal Registration Document

GROUP PROFILE

A SOLID GROUP GENERATING ROBUST PERFORMANCES

High level of solvency

GROUPE BPCE – FINANCIAL STRUCTURE AND LIQUIDITY RESERVES

12/31/2019

12/31/2018

12/31/2017

in billions of euros

Equity attributable to equity holders of the parent

69.9 66.0 66.0 79.3

66.2 62.2 62.5 76.9

64.0 59.0 59.5 74.0

Common Equity Tier 1 capital

Tier 1 capital

Total regulatory capital

Liquidity reserve

231

204

214

GROUPE BPCE – CAPITAL RATIOS

CREDIT RATINGS AT DECEMBER 31, 2019 The following ratings concern BPCE and also apply to Groupe BPCE.

Standard & Poor’s

19.6 %

19.2 %

18.8 %

Fitch Ratings Moody’s

R&I

A+

A1

A+

A+

Long-term rating

15.9 %

15.7 %

15.4 %

F1

P-1

-

A-1

Short-term rating

15.8 %

15.7 %

15.3 %

Operating

Stable

Stable

Stable

Stable

12/31/2017

12/31/2018

12/31/2019

● Common Equity Tier 1 ratio ● Total capital ratio ● Tier 1 ratio

BPCE SA group indicators (1)

SUMMARY INCOME STATEMENT

2019

2018

2017

in millions of euros

Net banking income Gross operating income

11,145

10,800

10,499

2,286 1,923

2,005 1,856

2,358 2,126

Income before tax

NET INCOME ATTRIBUTABLE TO EQUITY HOLDERS OF THE PARENT

631

685

845

FINANCIAL STRUCTURE

12/31/2019

12/31/2018

12/31/2017

in billions of euros

Equity attributable to equity holders of the parent

20.4 19.9

19.6 19.0

18.9 18.5

Tier 1 capital

Tier 1 ratio

11.2% 18.6%

10.9% 19.1%

10.3% 18.4%

Total capital ratio

(1) BPCE SA group includes BPCE SA and its subsidiaries. The Banques Populaires and Caisses d’Epargne do not contribute to the results of BPCE SA group.

7 UNIVERSAL REGISTRATION DOCUMENT 2019 | GROUPE BPCE