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NATIXIS : Results at September 30, 2009


Published on 2009-11-12 10:17:17 - Market Wire
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PARIS--(Marketwire - November 12, 2009) -


Third-quarter 2009 results

- Return to profit driven by the core businesses

Q3-2009 net income (Group share): +EUR 268 million

No significant impact from non-recurring items (+EUR 64 million before tax)

- No significant impact from the GAPC

Finalization of the scope and mechanisms of the guarantee

Profit achieved in Q3-2009

- Financial structure further reinforced

Pro-forma core Tier One ratio:* 8.6%

Pro-forma Tier One ratio:* 9.7%

- The New Deal strategic plan is currently being rolled out within the framework of the Groupe BPCE project

A clear strategy, focused on three core business lines, as part of Groupe BPCE

Q3-2009 results

NBI:(1) EUR 1,348 million

Income before taxes:(2) EUR 242 million

U/l net income (Group share):(2) EUR 223 million

Net income (Group share): EUR 268 million

Pro-forma core Tier One ratio:* 8.6%

9M-2009 results

NBI:(3) EUR 3,814 million

Income before taxes:(4) -EUR 299 million

U/l net income (Group share):(4) EUR 122 million

Net income (Group share): -EUR 2,454 million

(1) excluding the GAPC

(2) excluding the GAPC and net restructuring charges

(3) excluding the GAPC and net income from discontinued operations

(4) excluding the GAPC, net income from discontinued operations and net restructuring charges

* after reimbursement of the shareholder advance

Natixis' consolidated results were approved by the Board of Directors on Thursday, November 12, 2009.

The full press release is available in attachment

Contributing Sources