Natixis released markedly improved results for 2017
Natixis’ net revenues rose 9% to €9.5 billion in 2017 and 7% to €2.5 billion in the fourth quarter. Natixis’ net income made significant progress, advancing 21% to €1.7 billion over the full year and 5% to €518 million in the fourth quarter.
Revenues from Natixis’ business lines grew 10% to €8.8 billion during the year and by 6% to €2.3 billion in the fourth quarter. profitability improved further this year, with business-line ROE advancing 160 basis points to 13.8% (excluding exceptional items) in 2017. Provisions for credit losses were also kept well under control.
Net revenues from Natixis’ Asset & Wealth Management business line amounted to €3.1 billion in 2017, an increase of 15%, while AWM’s ROE also improved 130 bps to 12.8%. Our assets under management reached €831 billion at end-December 2017, thereby breaking the 1 trillion mark in dollar terms. We recorded €24 billion of net inflow during the year, thanks particularly to H2O and DNCA in Europe, and Harris in the US. Our results in the wealth management field also made progress, with revenues rising 4% during the year.
Source: Natixis at Natixis Investment Managers
Natixis Investment Managers
RCS Paris 453 952 681
Capital: €178 251 690
21 quai d’Austerlitz, 75013 Paris
www.im.natixis.com
This communication is for information only and is intended for investment service providers or other Professional Clients. The analyses and opinions referenced herein represent the subjective views of the author as referenced unless stated otherwise and are subject to change. There can be no assurance that developments will transpire as may be forecasted in this material.
Revenues from Natixis’ business lines grew 10% to €8.8 billion during the year and by 6% to €2.3 billion in the fourth quarter. profitability improved further this year, with business-line ROE advancing 160 basis points to 13.8% (excluding exceptional items) in 2017. Provisions for credit losses were also kept well under control.
Net revenues from Natixis’ Asset & Wealth Management business line amounted to €3.1 billion in 2017, an increase of 15%, while AWM’s ROE also improved 130 bps to 12.8%. Our assets under management reached €831 billion at end-December 2017, thereby breaking the 1 trillion mark in dollar terms. We recorded €24 billion of net inflow during the year, thanks particularly to H2O and DNCA in Europe, and Harris in the US. Our results in the wealth management field also made progress, with revenues rising 4% during the year.
Natixis Investment Managers
RCS Paris 453 952 681
Capital: €178 251 690
21 quai d’Austerlitz, 75013 Paris
www.im.natixis.com
This communication is for information only and is intended for investment service providers or other Professional Clients. The analyses and opinions referenced herein represent the subjective views of the author as referenced unless stated otherwise and are subject to change. There can be no assurance that developments will transpire as may be forecasted in this material.