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Press Release

Credit Suisse Group announces first quarter 2020 results

Resilient performance amid market dislocation


  • Pre-tax income of CHF 1.2 billion, up 13% year on year
  • Net income of CHF 1.3 billion, up 75% year on year
  • Net revenues of CHF 5.8 billion, up 7% year on year
  • Return on Tangible Equity (RoTE) of 13.1%, up from 8.6% in the previous quarter
  • CET1 ratio of 12.1%, down from 12.7% at the end of the previous quarter, and Tier 1 leverage ratio of 5.8%[1], up from 5.5% at the end of the previous quarter
  • Average Liquidity Coverage Ratio (LCR) of 182% as of the end of the quarter

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