Natixis — Groupe BPCE — Debt Investor Presentation (August 2026)
72 slides from Natixis's debt investor presentation, August 2026
Slide 1: Investor Presentation Q2-2026
AUGUST 2026 INVESTOR PRESENTATION Q2 - 2026 • 23 juin 2025
Slide 2: Disclaimer
DISCLAIMER This presentation may contain forward-looking statements and comments relating to the With respect to the financial information of Groupe BPCE for the quarter ended on June objectives and strategy of Groupe BPCE. By their very nature, these forward-looking 30, 2026, and in view of the con
Slide 3: Summary
01 Credit Story 02 Business Lines 03 Performance SUMMARY 04 c Capital Ratios and Ratings 05 Funding Plan 06 ESG Ambitions 07 Additional Information Investor Presentation Q2-26 3
Slide 4: Credit Story
01 01 CREDIT STORY Investor Presentation Q2-26 4
Slide 5: Groupe BPCE Key Figures
GROUPE BPCE KEY FIGURES N°2 Banking group in France(1) N°1 Bank for SMEs in France(1) N°2 ˃21 % Of the financing of the Retail bank for individual customers in France(1) French economy(2) Global systematically important bank / N°1 CIB Global Euro FIG Bonds(1) G-SIB N°4 Banking Group in Portugal (1)
Slide 6: 9.7 Million Cooperative Shareholders
9.7 MILLION COOPERATIVE SHAREHOLDERS GROUPE BPCE COOPERATIVE STRUCTURE 14 BPCE SA, the Group's central institution Defines the Group's policies and strategic orientations, coordinates the sales policies of the networks, ensures the Group's liquidity and capital adequacy, and in charge of the Group’s
Slide 7: Groupe BPCE Key Figures
GROUPE BPCE KEY FIGURES NET BANKING INCOME (1) CET 1 RATIO (3) A2 A+ stable stable €7.2bn 15.5% Financial MOODY’S S&P ratings COST TO INCOME RATIO (2) TLAC / SUBORDINATED MREL (4) Long term ratings (Senior Preferred) A+ A+ stable stable 60.9% 27.8% FITCH RATINGS R&I GROSS OPERATING LIQUIDITY RESERVE
Slide 8: Groupe BPCE Business Mix
GROUPE BPCE BUSINESS MIX Retail Banking in Europe ▪ Novobanco ▪ FSE – Europe Retail Banking ▪ BPCE Equipment Solutions in France 8% ▪ Oney ▪ Pramex ▪ Banque Populaire and Caisse d’Epargne networks 60% Contribution to the ▪ FSE – France ▪ BPCE Financement Q2-26 Gross Operating 15% Insurance and Asset
Slide 9: Business Lines
01 02 BUSINESS LINES Investor Presentation Q2-26 9
Slide 10: Retail Banking in France
RETAIL BANKING IN FRANCE BUSINESS LINES BANQUES POPULAIRES CAISSES D’EPARGNE 14 5 million active clients 15 8 million active clients Private provider of funding for N°1 • local authorities the hospital sector N°1 • Bank for SMEs • social housing Created in 1878 for the 16th consecutive year Created
Slide 11: Retail Banking in Europe
RETAIL BANKING IN EUROPE BUSINESS LINES NOVOBANCO A high-performing bank, deeply rooted in the Portuguese economy 32 bn€ outstanding 18%(1) Portugal becomes the second domestic market for the Group's N°4 loans medium-sized corporates market share retail banking activities Bank in Portugal 1.7 millio
Slide 12: Insurance and Asset Management
INSURANCE AND ASSET MANAGEMENT BUSINESS LINES INSURANCE ASSET MANAGEMENT A top-tier insurer 1,334 bn€(1) The Group's banks offer a comprehensive range of products in of assets under #4 in Europe(2) • Life insurance (investment) • Property & casualty management • Sureties & financial guarantees (CEGC
Slide 13: Corporate and Investment Banking
CORPORATE AND INVESTMENT BANKING BUSINESS LINES CORPORATE INVESTMENT BANKING Natixis CIB is the international activity of Groupe BPCE present in close to 30 countries worldwide Global Markets Global Banking Global Markets activities Structured Financing activities IB activities • Fixed Income, Credi
Slide 14: Performance
01 03 PERFORMANCE Investor Presentation Q2-26 14
Slide 15: Net Income +38% in Q2-26 YoY at €1.3bn
NET INCOME1: +38% IN Q2-26 YOY AT €1.3BN NOVOBANCO FULLY PART OF GROUPE BPCE BUSINESS PERFORMANCE Retail Banking in France Retail Banking in Europe Insurance and Asset management Corporate and Investment banking 415,000 new clients +6% in credit2 outstandings +13% in Life Insurance gross inflows +16
Slide 16: Acceleration of the AI and Digital Transformation
ACCELERATION OF THE AI AND DIGITAL TRANSFORMATION FOR GROUPE BPCE AND ITS CLIENTS AI AI for everyone MULTIPLICATION OF AI UTILIZATION (% of employees using a Group AI solution) • Rapid growth in the use of AI in mobile apps (>900k conversations, up 40% vs Q1-25) 65% and transaction areas used by our
Slide 17: Results H1-26 Net Banking Income
RESULTS H1-26 NET BANKING INCOME RETAIL BANKING RETAIL BANKING INSURANCE AND CORPORATE AND IN FRANCE IN EUROPE ASSET MANAGEMENT INVESTMENT BANKING +13% +94% +3% +5% 8,441 7,499 2,560 2,449 2,197 2,264 687 355 H1-25 H1-26 H1-25 H1-26 H1-25 H1-26 H1-25 H1-26 • €738bn Loan outstandings • €41bn Loan out
Slide 18: Results H1-26 Operational Efficiency
RESULTS H1-26 OPERATIONAL EFFICIENCY RETAIL BANKING RETAIL BANKING INSURANCE AND CORPORATE AND IN FRANCE IN EUROPE ASSET MANAGEMENT INVESTMENT BANKING +2% +68% flat +4% 5,035 4,919 1,573 1,517 1,447 1,446 381 227 H1-25 H1-26 H1-25 H1-26 H1-25 H1-26 H1-25 H1-26 Expenses in €m Expenses in €m Expenses
Slide 19: Cost of Risk / Asset Quality
RESULTS Q2-26 & H1-26 COST OF RISK / ASSET QUALITY GROUPE BPCE TOTAL PROVISIONS3 (in €bn) 2 669 654 753 In €m 559 587 • Cost of risk S32 at 29bps in Q2-26, 17.2 2 stable QoQ 15.7 30 32 14.3 14.7 In bps1 27 29 • Cost of risk S1/S22 at 4bps in Q2-26 25 Total CoR reflecting our prudent provisioning pol
Slide 20: Results Q2-26 & H1-26
RESULTS Q2-26 & H1-26 % % RECORD QUARTER RESULT €m Q2-26 Q2-25 H1-26 H1-25 Change Change NET INCOME UP 38% YOY VS. Q2-25 Net banking income 7,162 6,315 13% 13,919 12,619 10% Operating expenses (4,483) (4,304) 4% (8,973) (8,662) 4% Net revenues stand at €7.2bn in Q2-26, up 13%, driven by all business
Slide 21: Capital Ratios and Ratings
01 04 CAPITAL RATIOS AND RATINGS Investor Presentation Q2-26 21
Slide 22: Capital and Loss-Absorbing Capacity
CAPITAL AND LOSS-ABSORBING CAPACITY HIGH LEVEL OF CAPITAL Change in the CET 1 ratio (in bps) Actual level4 Organic capital creation: +24bps Requirements as at July 1, 2026 June 30, 2026 +28bps +4bps +4bps 16.4% 15.5%2 (4)bps 10.58%3 (121)bps CET1 ratio 15.5%2 (ECB) Total capital ratio 14.64%3 18.4%2
Slide 23: TLAC / MREL Ratio
TLAC / MREL RATIO TLAC1,2 RATIO MREL1,2 RATIO as a % of risk-weighted assets as a % of risk-weighted assets 33.2 % 5.4 % Eligible Senior 27.8 % 27.8 % Preferred debt 22.4 % Senior Non-Preferred Senior Non-Preferred 9.4 % 9.4 % Tier 2 2.9 % Tier 2 2.9 % CET1 CET1 15.5 % 15.5 % 2026 TLAC June 30, 2026
Slide 24: Risk-Weighted Assets
RISK-WEIGHTED ASSETS1 BREAKDOWN PER BUSINESS LINE BREAKDOWN PER TYPE OF RISK2 in €bn in €bn 493 493 463 463 11% Retail banking in France 11% 4% Operational Risk 4% 64% Retail banking in Europe 67% Market Risk Insurance and Asset management 85% 85% 2 3% 7% Corporate and Investment Banking Credit Risk
Slide 25: Changes in Regulatory Capital and Prudential Ratios
FINANCIAL STRUCTURE CHANGES IN REGULATORY CAPITAL AND PRUDENTIAL RATIOS REGULATORY CAPITAL €bn June 30, 20261 Dec. 31, 2025 in €bn 90.8 88.7 Equity attribuable to shareholders’ equity 90.4 89.3 14.5 12.4 Cancelation of hybrid securities in equity Tier-2 capital - attribuable to equity holders of the
Slide 26: Financial Structure: Distance to MDA
FINANCIAL STRUCTURE: DISTANCE TO MDA Capital Countercycli Capital Countercycli Pillar I Pillar II conservation G-SIB cal buffer Pillar I Pillar II conservation G-SIB cal buffer Jan. 2, 2026 requirement requirement buffer buffer (CCyB) Total July 1st, 2026 requirement requirement buffer buffer (CCyB)
Slide 27: Groupe BPCE's Credit Ratings
GROUPE BPCE’S CREDIT RATINGS As of August 4th, 2026 Senior Preferred long-term debt A2 A+ A+ A+ Outlook Stable Stable Stable Stable Senior Non-Preferred Baa1 BBB+ A A Tier 2 Baa2 BBB BBB+ A Senior short-term debt P-1 A-1 F1 Investor Presentation Q2-26 27
Slide 28: Funding Plan
01 05 FUNDING PLAN Investor Presentation Q2-26 28
Slide 29: Liquidity: 84% of 2026 Funding Plan Completed
LIQUIDITY: 84% OF 2026 FUNDING PLAN ALREADY COMPLETED 1,3 2026 MLT WHOLESALE FUNDING PLAN COMPLETION STRUCTURE OF MLT WHOLESALE TARGETS FUNDING RAISED IN 20262 FUNDING €18.6bn (84%) €22.0bn (excl. ABS*) 24% Unsecured bonds TLAC (TIER 2 + €11.3bn (103%) SENIOR NON PREF) €11.0bn 51% Covered bonds €2.1
Slide 30: Liquidity Reserves and Short-Term Funding
LIQUIDITY RESERVES AND SHORT-TERM FUNDING TOTAL LIQUIDITY RESERVES OF GROUPE BPCE1 SHORT-TERM FUNDING AND MLT DEBT MATURING IN THE SHORT TERM in €bn 332 in €bn 324 303 305 294 117 134 Cash placed with 114 123 128 central banks 162 168 166 161 159 34 34 MLT 34 36 34 105 LCR securities 78 80 77 88 127
Slide 31: Sustainable Funding: Green and Social Bond Markets
SUSTAINABLE FUNDING: INNOVATION AND AN ACTIVE PRESENCE IN THE GREEN AND SOCIAL BOND MARKETS Innovation and active presence in the sustainable financial market Green Bonds & European Green Bonds An innovative issuer • Helping to reduce the effects of climate change via the N°1 Green bond issuance in
Slide 32: Sustainable Development Funding Program
SUSTAINABLE DEVELOPMENT FUNDING PROGRAM Aligned with best market standards & based on a clear methodology Supporting integrity, innovation and scalability Robust methodology • Green Funding Framework: aligned with Green Bond Principles, as published by the International Capital Market Association (I
Slide 33: Innovation at the Heart of Funding Policy
INNOVATION AT THE OF GROUPE BPCE’S FUNDING POLICY €19.8bn BPCE ESG outstanding as of June 2026 GREEN & TRANSITION SOCIAL €12.6bn outstanding €7.2bn outstanding Renewable Energy Green buildings Social housing Sport infrastructure Energy Efficiency Sustainable Agriculture Local Economic & sport econom
Slide 34: ESG Ambitions
01 06 ESG AMBITIONS Investor Presentation Q2-26 34
Slide 35: Helping Clients Accelerate Transitions and Emergency Support
A GROUP COMMITTED TO HELPING ITS CLIENTS ACCELERATE TRANSITIONS AND DEDICATED TO EMERGENCY SUPPORT SPEEDING UP THE ECOLOGICAL TRANSITION WILDFIRES IN FRANCE: GROUPE BPCE DEPLOYS FOR PROFESSIONALS AND CORPORATE CLIENTS AN EMERGENCY RESPONSE PLAN TO SUPPORT CLIENTS FRANCE Simplified insurance procedur
Slide 36: Publication of Net Zero Trajectories
PUBLICATION OF NET ZERO TRAJECTORIES ACTION PLANS TO REDUCE GREENHOUSE GAS EMISSIONS BPCE has developed decarbonization targets and action plans on the most emissions-intensive sectors of the economy. This global ESG approach: • fosters understanding of decarbonation levers • catalyzes efforts in th
Slide 37: Conclusion
CONCLUSION Record revenues Net income1: CET1 ratio 84% of 2026 MLT STRONG FUNDAMENTALS at €7.2bn, +13% €1.3bn, +38% at 15.5% funding plan YoY in Q2-26 YoY in Q2-26 at end-June 2026 completed GROUPE BPCE IS DELIVERING HIGH PERFORMANCE RESULTS THANKS TO SOLID COMMERCIAL ACTIVITY ACROSS ALL THE BUSINES
Slide 38: Additional Information
01 07 ADDITIONAL INFORMATION Investor Presentation Q2-26 38
Slide 39: Annexes: Group Internal Solidarity & Guarantee System
ANNEXES Group internal solidarity & guarantee system call Internal solidarity and guarantee system defined by law between all affiliated French Regulated Credit Institutions (FRCI) within the group DESCRIPTION BPCE SA has the legal obligation to take all necessary measures to guarantee the liquidity
Slide 40: French Housing Market Risk Profile
FRENCH HOUSING MARKET RISK PROFILE The rise in housing prices has slowed down in most countries(6) High structural demand for housing in France • Supported by the real housing needs of the population (not by speculation) 30% 30% Germany • Population growth, fertility rate(1) at 1.61 in France (versu
Slide 41: French Housing Market Risk Profile
FRENCH HOUSING MARKET RISK PROFILE Lending practices in France are based on Home loans’ structural factors limit the risks for the lender(1) solvency… LENDING CRITERIA • 99% of new French home loans and 98% of the total outstanding amount are fixed-rate loans (for loan’s whole life) and are almost •
Slide 42: Measuring the Climate Impact of Our Activities
A PIONEERING SYSTEM FOR MEASURING THE CLIMATE IMPACT OF OUR ACTIVITIES Green Weighting Factor (GWF) Methodology Climate impact assessment methodology Each funding operation is rated on a 7-step color scale ranging from brown to Scope: Corporate & Investment Banking portfolios, excluding green financ
Slide 43: Measuring the Climate Impact of Our Activities
A PIONNERING SYSTEM FOR MEASURING THE CLIMATE IMPACT OF OUR ACTIVITIES Dedicated Purpose Financing General Purpose Financing Objective Objective determine the “color” (rating) of each loan depending on the determine the “color” (rating) of each client depending on their environmental impact of the o
Slide 44: Recent Updates to Sustainable Development Funding Program
RECENT UPDATES TO SUSTAINABLE DEVELOPMENT FUNDING PROGRAM Green & Social Funding Frameworks and European Green Bond Factsheet published Recent Green & Social Funding European Green Bond Factsheet BPCE Inaugural European Green Bond Frameworks SFH May 2026 Factsheet • Publication of Green Funding Fram
Slide 45: Green & Social Funding Frameworks Overview
GREEN & SOCIAL FUNDING FRAMEWORKS OVERVIEW Alignment with four core components of the Green & Social Bond Principles (GBP/SBP) USE OF PROCEEDS PROCESS for PROJECT VALUATION & SELECTION • Net proceeds of green or social funding instruments, or equivalent amount, allocated to financing or refinancing
Slide 46: Retail Banking in France
RETAIL BANKING IN FRANCE LOANS DYNAMIC COMMERCIAL ACTIVITY, Outstandings Production H1-26 DRIVEN BY OFF-BALANCE SHEET SAVINGS Residential mortgages €8.0bn +2% AND CORPORATE LENDING €306bn June 2026 Average rate 3.3% +0.1pp SOLID FINANCIAL RESULTS AND STRONG GROWTH Consumers loans1 €2.9bn stable Aver
Slide 47: Retail Banking in France
RETAIL BANKING IN FRANCE LOANS DYNAMIC CLIENT ACQUISITION Outstandings Production H1-26 ESPECIALLY ON YOUNG PEOPLE, Residential mortgages €12.2bn +10% STRONG MOMENTUM IN SAVINGS AND FINANCING €386bn June 2026 Average rate 3.3% +0.1pp SOLID FAST-GROWING FINANCIAL RESULTS Consumers loans1 €4.8bn (2.5)
Slide 48: Retail Banking in France
RETAIL BANKING IN FRANCE REVENUE GROWTH ACROSS ALL SEGMENTS WHICH CONFIRMS THE GOOD MOMENTUM OF 2025 €m Q2-26 % Change H1-26 % Change Net banking income 296 4% 592 4% Solid commercial performance in Retail Banking services, both in consumer Operating expenses (146) 0% (296) 0% credit with average ou
Slide 49: Retail Banking in France
RETAIL BANKING IN FRANCE BUSINESS LINE P&L STRONG FINANCIAL RESULT UNDERPINNED BY A ROBUST COMMERCIAL ACTIVITY €m Q2-26 % Change H1-26 % Change Net interest margin1,2 growth: +27% in H1-26 YoY in the 2 networks Commissions2 up 4% in H1-26 YoY in the 2 networks Good control over operating expenses, +
Slide 50: Retail Banking in Europe
RETAIL BANKING IN EUROPE SOLID FINANCIAL RESULTS WITH STRONG COMMERCIAL MOMENTUM Strong credit origination (of which 30% green), driven by business momentum Resilient franchise with loyal clients and a deposit-driven balance sheet Overall market share increased to 9.4%, maintaining strong market sha
Slide 51: Retail Banking in Europe
RETAIL BANKING IN EUROPE GOOD MOMENTUM ACROSS ALL REGIONS % Strong growth of BPCE ES activity, with outstandings up 6% YoY in H1-26 €m Q2-26 % Change H1-26 Change across all countries. Sharp rise in production (+18% YoY over 6 months), particularly in Italy Net banking income 220 4% 441 24% Operatin
Slide 52: Retail Banking in Europe
RETAIL BANKING IN EUROPE BUSINESS LINE P&L GOOD COMMERCIAL ACTIVITY €m Q2-26 % Change H1-26 % Change GENERATING SOLID FINANCIAL RESULTS Net banking income 466 121% 687 94% Net revenues stand at €466m in Q2-26 Expenses up 86 % vs. Q2-25 and up 68% vs. H1-25 Operating expenses (240) 86% (381) 68% Stro
Slide 53: Insurance and Asset Management
INSURANCE AND ASSET MANAGEMENT DOUBLE DIGIT TURNOVER GROWTH INSURANCE1 REFLECTING STRONG COMMERCIAL MOMENTUM Life insurance AuM2 in €bn Life Insurance: Gross inflows reached €9.9bn in H1-26, up +13% YoY AuM2: stand at €133bn (+7% YTD) driven by high net inflows (€6.1bn YTD) 2.5 132.9 3.8 Share of UL
Slide 54: Insurance and Asset Management
INSURANCE AND ASSET MANAGEMENT ASSET MANAGEMENT NET INFLOWS REMAIN VERY STRONG IN VOLATILE FINANCIAL MARKETS Assets under management1 in €bn H1-26 AM Fee rate in bps excluding performance fees AuMs growth driven by strong flows in a context of increased market volatility and by a significant market
Slide 55: Insurance and Asset Management
INSURANCE AND ASSET MANAGEMENT BUSINESS LINE P&L DOUBLE DIGIT GROWTH % % IN Q2-26 INCOME BEFORE TAX €m Q2-26 H1-26 Variation Variation Net revenues stand at €1.2bn in Q2-26 driven by Insurance Net banking income 1,194 9% 2,264 3% (+33% YoY) and AWM (+3% YoY) €2.3bn net revenues in H1-26 (+3% YoY) dr
Slide 56: Corporate and Investment Banking
CORPORATE AND INVESTMENT BANKING NET REVENUES IN €M RECORD QUARTER 1,310 2,449 2,560 DRIVEN BY THE STRONG PERFORMANCE OF EQUITY BUSINESS 1,221 1,250 1,129 1,066 GROSS OPERATING INCOME UP 12%1 VS. Q2-25 555 1,069 1,101 552 545 498 526 253 317 403 570 GLOBAL MARKETS: €760m net revenues in Q2-26 (+16%
Slide 57: Cost of Risk by Business Line
COST OF RISK BY BUSINESS LINE BANQUE POPULAIRE 38 40 29 31 30 CAISSE D’EPARGNE 29 21 24 21 19 RETAIL BANKING IN FRANCE 31 34 24 26 26 RETAIL BANKING IN EUROPE 28 CORPORATE AND INVESTMENT BANKING 30 29 30 28 28 Q2-25 Q3-25 Q4-25 Q1-26 Q2-26 1 Cost of risk expressed in annualized basis points on gross
Slide 58: Performing & Non-Performing Loans and Impairment
PERFORMING & NON-PERFORMING LOANS AND IMPAIRMENT €bn June 30, 2026(1) December 31, 2025 Gross outstanding loans to customers and credit institutions 1,067.9 1,017.7 O/w S1 outstandings 912.4 868.0 O/w S2 outstandings 125.8 122.3 O/w S3 outstandings 29.7 27.4 Non-performing loans/gross outstanding lo
Slide 59: Breakdown of Gross Exposures at June 30, 2026
BREAKDOWN OF GROSS EXPOSURES AT JUNE 30, 20261 DIVERSIFIED PORTFOLIO BREAKDOWN PER GEOGRAPHICAL REGION Breakdown of Group gross Financial institutions/ Central administrations/ Corporate customers exposure per counterparty Local governments Central banks and other sovereign exposures 30% 4% 3% Corpo
Slide 60: Groupe BPCE: Consolidated Balance Sheet
GROUPE BPCE: CONSOLIDATED BALANCE SHEET ASSETS LIABILITIES 30/06/2026 31/12/2025 31/06/2026 31/12/2025 €m €m Cash and amounts due from central banks 123,310 133,938 Amounts due to central banks 13 12 Financial assets at fair value through profit or loss 268,145 239,646 Financial liabilities at fair
Slide 61: Statement of Changes in Shareholders' Equity
GROUPE BPCE: STATEMENT OF CHANGES IN SHAREHOLDERS’ EQUITY Equity attributable to shareholders’ equity €m December 31, 2025 89,309 Distributions (676) Change in capital (cooperative shares) (368) Renumeration of TSSDI (5) Impact of acquisitions and disposals on non-controlling interests (minority int
Slide 62: Q2-26 & Q2-25 Underlying Cost to Income Ratio
Q2-26 & Q2-25 RESULTS UNDERLYING COST TO INCOME RATIO Underlying Net banking Operating €m cost income Income expenses ratio Q2-26 reported figures 7,162 (4,483) Impact of exceptional items (17) (115) Q2-26 underlying figures 7,179 (4,369) 60.9% Underlying Net banking Operating €m cost income income
Slide 63: H1-26 & H1-25 Underlying Cost to Income Ratio
H1-26 & H1-25 RESULTS UNDERLYING COST TO INCOME RATIO Underlying Net banking Operating €m cost income income expenses ratio H1-26 reported figures 13,919 (8,973) Impact of exceptional items (19) (209) H1-26 underlying figures 13,938 (8,765) 62.9% Underlying Net banking Operating €m cost income incom
Slide 64: Q2 Reconciliation of Reported Data to APMs
Q2-26 & Q2-25 RESULTS: RECONCILIATION OF REPORTED DATA TO ALTERNATIVE PERFORMANCE MEASURES Share in net Gains or Net income Net banking Operating Income €m Cost of risk income of losses on – Group income expenses before tax associates others assets share Reported Q2-26 results 7,162 (4,483) (848) 25
Slide 65: H1 Reconciliation of Reported Data to APMs
H1-26 & H1-25 RESULTS: RECONCILIATION OF REPORTED DATA TO ALTERNATIVE PERFORMANCE MEASURES Share in net Gains or Net income Net banking Operating Income €m Cost of risk income of losses on – Group income expenses before tax associates others assets share Reported H1-26 results 13,919 (8,973) (1,502)
Slide 66: Quarterly Income Statement per Business Line
GROUPE BPCE: QUARTERLY INCOME STATEMENT PER BUSINESS LINE INSURANCE CORPORATE RETAIL BANKING RETAIL BANKING GROUPE AND ASSET AND INVESTMENT IN FRANCE IN EUROPE BPCE MANAGEMENT BANKING €m Q2-26 Q2-25 pf Q2-26 Q2-25 pf Q2-26 Q2-25 pf Q2-26 Q2-25 pf Q2-26 Q2-25 pf % Net banking income 4,253 3,750 466 2
Slide 67: Semester Income Statement per Business Lines
GROUPE BPCE: SEMESTER INCOME STATEMENT PER BUSINESS LINES INSURANCE CORPORATE RETAIL BANKING RETAIL BANKING GROUPE AND ASSET AND INVESTMENT IN FRANCE IN EUROPE BPCE MANAGEMENT BANKING €m H1-26 H1-25 pf H1-26 H1-25 pf H1-26 H1-25 pf H1-26 H1-25 pf H1-26 H1-25 pf % Net banking income 8,441 7,499 687 3
Slide 68: Groupe BPCE: Quarterly Series
GROUPE BPCE: QUARTERLY SERIES GROUPE BPCE €m Q1-25 Q2-25 Q3-25 Q4-25 Q1-26 Q2-26 Net banking income 6,305 6,315 6,410 6,693 6,758 7,162 Operating expenses (4,359) (4,304) (4,157) (4,471) (4,490) (4,483) Gross operating income 1,946 2,011 2,253 2,222 2,267 2,679 Cost of risk (651) (559) (587) (669) (
Slide 69: Financial Conglomerate
FINANCIAL CONGLOMERATE FINANCIAL CONGLOMERATE RATIO Financial conglomerate Restatements viewpoint +4.9 Banking CR1 (CRR/CRD IV) Regulatory capital + Total capital 90.8 95.7 Assurance CR1 (Solvency 2) in €bn RESTATEMENTS APPLIED - 1 2 3 82.1 +5.3 Shift from a Cancellation of the Inclusion of the prud
Slide 70: Main Issuers in the Market
MAIN ISSUERS IN THE MARKET Issuer Operator Short-term All instruments, all markets including CDs, ECP, USCP BPCE / Natixis Natixis & interbank deposits Medium & long-term BPCE SFH BPCE Compagnie de Financement Covered Bonds CFF Foncier (SCF) Natixis Pfandbriefbank Natixis Senior Preferred (Unsecured
Slide 71: Contact List
CONTACT LIST BPCE François Courtois Global Head of Financial Communication, [email protected] Investor Relations, ST Sales & Ratings Cédric Perrier Head of MLT Funding [email protected] France de Sury Global Head of Investor Relations [email protected] Anne Sadourny Head of Investor
Slide 72: groupeBPCE.com
groupeBPCE.com groupeBPCE.com
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