Investor Relations First Quarter 2018 Results
On April 25, 2018, Credit Suisse Group presented its first quarter 2018 results to investors and analysts as well as to media representatives.
* Adjusted results are non-GAAP financial measures. For a reconciliation of the adjusted results to the most directly comparable US GAAP measures, see the Appendix of this Media Release.
1 Referring to adjusted* pre-tax income.
2 Referring to adjusted* operating expenses.
3 Relating to SUB PC, IWM PB and APAC PB within WM&C.
4 Source: Dealogic as of March 31, 2018; includes Americas and EMEA only.
5 Excluding revenues from SMG of USD 7 million in 1Q18 and USD 80 million in 2Q16.
6 Based on currently available information and beliefs, expectations and opinions of management as of the date hereof. Actual tax rate for 2019 may differ. On the basis of the current analysis of the base erosion and anti-abuse tax (BEAT) regime, we continue to regard it as more likely than not that the Group will not be subject to this regime in 2018. However, there are significant uncertainties in the application of BEAT and this interpretation will be subject to review once further guidance has been issued by the US Department of Treasury.
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- Presentation to investors and analysts: 4691539
- Presentation to the media: EN: 1588148 | DE: 4398664