The majority of Europe’s major banking groups have reported falling
overall earnings for the half-year period (see table).
Retail and consumer banking figures, plagued by rising bad debts
and decreasing wealth, were particularly badly hit.
Nevertheless, the results were largely viewed
positively, with many analysts forecasting upwards figures for the
second half of 2009.
RESULTS |
|||
Europe – interim 2009 results from |
|||
Group pre-tax profit |
% change ![]()
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Retail banking profit |
|
Santander |
5.9 |
-5.3 |
4.85 |
HSBC |
3.53 |
-51 |
-0.88 |
Barclays |
3.47 |
8 |
0.99 |
BNP Paribas |
3.16 |
-9.3 |
1,340 |
Deutsche Bank |
3.13 |
n/m |
0.26 |
BBVA |
4.03 |
-11 |
n/d |
Nordea |
1.65 |
-7 |
n/d |
la Caixa |
1.25 |
-3.8 |
1.10 |
UniCredit |
1.93 |
-57.4 |
1.61 |
DnB NOR |
0.66 |
-20 |
0.18 |
Société Générale |
0.32 |
-86.9 |
1.30 |
Sberbank |
0.16 |
-92.2 |
n/d |
Deutsche Postbank |
-0.16 |
n/m |
n/d |
Commerzbank |
-1.37 |
n/m |
0.004 |
Lloyds Banking Group |
-4.66 |
n/m |
0.429 |
Figures converted into euros. n/m=not |