Our financial performance
Our financial performance (KBC Group, consolidated)
| Balance sheet and assets under management, end of period (in millions of EUR) |
2018 | 2019 | 2020 | 2021 | 2022* |
|---|---|---|---|---|---|
| Total assets | 283 808 | 290 591 | 320 743 | 340 346 | 355 843 |
| Loans and advances to customers | 147 052 | 155 816 | 159 621 | 159 728 | 178 053 |
| Securities (equity and debt instruments) | 62 708 | 65 633 | 71 784 | 67 794 | 67 582 |
| Deposits from customers and debt securities | 194 291 | 203 369 | 215 430 | 226 093 | 252 746 |
| Gross technical provisions and liabilities under nvestment contracts, insurance |
31 273 | 32 170 | 31 442 | 32 571 | 30 486 |
| Total equity | 19 633 | 20 222 | 21 530 | 23 077 | 20 930 |
| Risk-weighted assets, group (Basel II, since 2013 Basel III) | 94 875 | 99 071 | 102 111 | 104 646 | 109 994 |
| Income statement (in millions of EUR) | 2018 | 2019 | 2020 | 2021 | 2022* |
|---|---|---|---|---|---|
| Total income | 7 512 | 7 629 | 7 159 | 7 558 | 8612 |
| Operating expenses | -4 234 | -4 303 | -4 156 | -4 396 | -4818 |
| Impairment | 17 | -217 | -1 182 | 261 | -284 |
| Result after tax, group share | 2 570 | 2 489 | 1 440 | 2 614 | 2864 |
| Belgium | 1 450 | 1 344 | 1 001 | 1 997 | 1759 |
| Czech Republic | 654 | 789 | 375 | 697 | 800 |
| International markets | 533 | 379 | 199 | 127 | 441 |
| Group Centre | -67 | -23 | -135 | -207 | -135 |
| Basic earnings per share (in EUR) | 5.98 | 5.85 | 3.34 | 6.15 | 6.75 |
| Diluted earnings per share (in EUR) | 5.98 | 5.85 | 3.34 | 6.15 | 6.75 |
| KBC share | 2018 | 2019 | 2020 | 2021 | 2022* |
|---|---|---|---|---|---|
| Number of shares outstanding, end of period (’000) | 416 156 | 416 395 | 416 695 | 416 884 | 417 169 |
| Parent shareholders’ equity per share, end of period (in EUR) | 41.4 | 45.0 | 48.1 | 51.8 | 46.6 |
| Average share price for the financial year (in EUR) | 67.4 | 60.8 | 52.8 | 68.3 | 58.9 |
| Share price at year-end (in EUR) | 56.7 | 67.1 | 57.3 | 75.5 | 60.1 |
| Equity market capitalisation, end of period (in billions of EUR) | 23.6 | 27.9 | 23.9 | 31.5 | 25.1 |
| Ratios | 2018 | 2019 | 2020 | 2021 | 2022* |
|---|---|---|---|---|---|
| Return on equity | 16% | 14% | 8% | 13% | 14% |
| Cost/income ratio, banking | 56% | 56% | 58% | 58% | 56% |
| Combined ratio, non-life insurance | 88% | 90% | 85% | 89% | 89% |
| Credit cost ratio, banking | -0.04% | 0.12% | 0.60% | -0.18% | 0.08% |
| Common equity ratio, group (Basel III, fully loaded, definition see annual report) | 16% | 17.1% | 17.6% | 15.5% | 15.4% |
| Net stable funding ratio (NSFR) | 136% | 136% | 146% | 148% | 136% |
| Liquidity coverage ratio (LCR) | 139% | 138% | 147% | 167% | 152% |
Disclaimer
This document should be read together with the press release of 17 February 2023 “KBC confirms that ČSOB (Czech Republic) was delivered an arbitral award in the arbitration proceedings against ICEC- Holding” , in order for the reader to have a complete view on the 2022 financial results of KBC Group.
Newswires
Bloomberg: KBC BB
Datastream: B:KB
Reuters: KBC.BR