Natixis Q4 2016 Earnings results
Despite a tough first quarter in financial markets, Natixis improved full-year 2016 results thanks particularly a dynamic fourth-quarter 2016. Natixis’ net revenues excluding exceptional items improved by 2% to €8.7 billion in 2016, while the net income progressed by 7% to €1.4 billion. Revenues from core businesses also rose 3% to €8.1 billion over the full year and reached €2.1 billion in the final quarter.
Profitability, consistently improved with core-business ROE closing the year at 13.1%, fully 100 and 300 basis points ahead of end-2015 and end-2013 levels, respectively. The Basel 3 Core Tier One ratio amounted to 10.8% on January 1, 2017, well above the ECB’s requirements for 2017.
Natixis’ Investment Solutions Division, which includes core businesses such as Asset Management, Insurance and Private Banking, experienced in 2016 a limited drop in net revenues of 4% in 2016 vs 2015 and ROE reached 13.3%. Between 2014-2016, the year-to-year growth for Investment Solutions’ net revenues was 11%.
Natixis Global Asset Management’s assets under management rose by €31 billion to €832 billion during 2016, the best year ever, despite a €20 billion outflow recorded in the US, which was partly offset by €7 billion of inflow in Europe (after posting an exceptional +€33 billion in 2015).
Source : Natixis and Natixis Global Asset Management
Natixis Global Asset Management S.A.
RCS Paris 453 952 681
Share Capital: €178 251 690
21 quai d’Austerlitz, 75013 Paris
www.im.natixis.com
This communication is for information only and is intended for investment service providers or other Professional Clients. The analyses and opinions referenced herein represent the subjective views of the author as referenced unless stated otherwise and are subject to change. There can be no assurance that developments will transpire as may be forecasted in this material
Profitability, consistently improved with core-business ROE closing the year at 13.1%, fully 100 and 300 basis points ahead of end-2015 and end-2013 levels, respectively. The Basel 3 Core Tier One ratio amounted to 10.8% on January 1, 2017, well above the ECB’s requirements for 2017.
Natixis’ Investment Solutions Division, which includes core businesses such as Asset Management, Insurance and Private Banking, experienced in 2016 a limited drop in net revenues of 4% in 2016 vs 2015 and ROE reached 13.3%. Between 2014-2016, the year-to-year growth for Investment Solutions’ net revenues was 11%.
Natixis Global Asset Management’s assets under management rose by €31 billion to €832 billion during 2016, the best year ever, despite a €20 billion outflow recorded in the US, which was partly offset by €7 billion of inflow in Europe (after posting an exceptional +€33 billion in 2015).
Natixis Global Asset Management S.A.
RCS Paris 453 952 681
Share Capital: €178 251 690
21 quai d’Austerlitz, 75013 Paris
www.im.natixis.com
This communication is for information only and is intended for investment service providers or other Professional Clients. The analyses and opinions referenced herein represent the subjective views of the author as referenced unless stated otherwise and are subject to change. There can be no assurance that developments will transpire as may be forecasted in this material