Navigation

Navigation

About Us

Financial Highlights

Quarterly Highlights

In the following table we provide you with an overview of our most recent quarterly results and statistics. We systematically compare the numbers against the previous quarter (QoQ) and against the relevant quarter in the previous year (YoY). In addition, we provide the cumulated numbers for the current financial year and compare to the results for the same period of the previous year (YoY). For further information please refer to our

 
Financial results and statistics in / end of % change in / end of % change
4Q11 3Q11 4Q10 QoQ YoY 2011 2010 YoY

Net income (CHF million)
Net income/(loss) attributable to shareholders (637) 683 841 - - 1,953 5,098 (62)
of which from continuing operations (637) 683 841 - - 1,953 5,117 (62)

Earnings per share (CHF)

Basic earnings/(loss) per share (0.62) 0.54 0.59 - - 1.37 3.91 (65)
Diluted earnings/(loss) per share (0.62) 0.53 0.59 - - 1.36 3.89 (65)

Return on equity (%)
Return on equity attributable to shareholders (7.7) 8.7 9.8 - - 6.0 14.4 -

Core Results (CHF million) 1
Net revenues 4,473 6,817 6,960 (34) (36) 25,429 30,625 (17)
Provision for credit losses 97 84 (23) 15 – 187 (79) -
Total operating expenses 5,374 5,697 5,676 (6) (5) 22,493 23,904 (6)
Income/(loss) from continuing operations before taxes (998) 1,036 1,307 - - 2,749 6,800 (60)

Core Results statement of operations metrics (%) 1
Cost/income ratio 120.1 83.6 81.6 - - 88.5 78.1 -
Pre-tax income margin (22.3) 15.2 18.8 - - 10.8 22.2 -
Effective tax rate 39.8 32.0 31.0 - - 24.4 22.8 -
Net income margin 2 (14.2) 10.0 12.1 - - 7.7 16.6 -

Assets under management and net new assets (CHF billion)
Assets under management from continuing operations 1,229.5 1,196.8 1,253.0 2.7 (1.9) 1,229.5 1,253.0 (1.9)
Net new assets 0.4 7.1 13.9 (94.4) (97.1) 40.9 69.0 (40.7)

Balance sheet statistics (CHF million)
Total assets 1,049,165 1,061,521 1,032,005 (1) 2 1,049,165 1,032,005 2
Net loans 233,413 226,447 218,842 3 7 233,413 218,842 7
Total shareholders' equity 33,674 33,519 33,282 0 1 33,674 33,282 1
Tangible shareholders' equity 3 24,795 24,889 24,385 - 2 24,795 24,385 2

Book value per share outstanding (CHF)
Total book value per share 27.59 27.86 28.35 (1) (3) 27.59 28.35 (3)

Shares outstanding (million)
Common shares issued 1,224.3 1,203.0 1,186.1 2 3 1,224.3 1,186.1 3
Treasury shares (4.0) 0.0 (12.2) - (67) (4.0) (12.2) (67)
Shares outstanding 1,220.3 1,203.0 1,173.9 1 4 1,220.3 1,173.9 4

Market capitalization
Market capitalization (CHF million) 27,021 28,872 44,683 (6) (40) 27,021 44,683 (40)
Market capitalization (USD million) 28,747 31,567 47,933 (9) (40) 28,747 47,933 (40)

BIS statistics (Basel II.5) 4
Risk-weighted assets (CHF million) 241,753 243,758 247,702 - - 241,753 247,702 -
Tier 1 ratio (%) 15.1 14.3 14.2 - - 15.1 14.2 -
Core tier 1 ratio (%) 10.6 10.0 9.7 - - 10.6 9.7 -

Dividend per share (CHF)
Dividend per share - - -     0.65 5 1.30 6 -

Number of employees (full-time equivalents)
Number of employees 49,700 50,700 50,100 (2) (1) 49,700 50,100 (1)

1) For further information on Core Results, refer to in "Credit Suisse reporting structure and Core Results" in Credit Suisse Group's reports. 2) Based on amounts attributable to shareholders. 3) Tangible shareholders' equity, a non-GAAP financial measure, is calculated by deducting goodwill and other intangible assets from total shareholders' equity. 4) Under Basel II.5 since December 31, 2011. Previously reported under Basel II. For further information, refer to "Treasury management" in Credit Suisse Group's reports. 5) Proposal of the Board of Directors to the Annual General Meeting on April 27, 2012, to be paid out of reserves from capital contributions. 6) Paid out of reserves from capital contributions.

Secondary Content