Natixis: 2019 net income reaches E1,897m
(CercleFinance.com) - In 2019 Underlying NBI rose year-on-year at all divisions, with strong revenue growth in Payments (up 9% y-o-y), Asset and Wealth Management (up 7% y-o-y), Insurance (up 7% y-o-y) and Major Corporate Clients (up 4% y-o-y).
"2019 revenue evolution reflecting an improved momentum throughout the year with 52% of Natixis' top-line generated during the second semester vs. an average 49% over the last 5 years," the group said.
Net income, group share, excluding exceptional items amounted to 1,370 million euros in 2019. Including exceptional items (527 million euros net of tax in 201-2019), 2019 net income, group share reached 1,897 million euros.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
"2019 revenue evolution reflecting an improved momentum throughout the year with 52% of Natixis' top-line generated during the second semester vs. an average 49% over the last 5 years," the group said.
Net income, group share, excluding exceptional items amounted to 1,370 million euros in 2019. Including exceptional items (527 million euros net of tax in 201-2019), 2019 net income, group share reached 1,897 million euros.
Copyright (c) 2020 CercleFinance.com. All rights reserved.