Investor Relations Second Quarter 2017 Results

Second Quarter 2017 Results

Credit Suisse reports profitable growth through positive operating leverage

The second-quarter results confirm that the new strategy of Credit Suisse is working: We recorded strong profit growth across our core businesses.

Group highlights

  • Adjusted* net revenues of CHF 10.7 billion in 1H17, up 9% year on year (2Q17: CHF 5.2 billion)
  • Adjusted* operating expenses at constant FX rates of CHF 9.1 billion in 1H17, down 6% year on year (2Q17: CHF 4.5 billion)
  • Adjusted* non-compensation expenses at constant FX rates of CHF 3.8 billion in 1H17, down 13% year on year (2Q17: CHF 1.9 billion)
  • Reported pre-tax income of CHF 1.3 billion in 1H17, compared to a pre-tax loss of CHF 285 million in 1H16 (2Q17: CHF 582 million)
  • Adjusted* pre-tax income of CHF 1.6 billion in 1H17, compared to adjusted* pre-tax income of CHF 117 million in 1H16 (2Q17: CHF 684 million)
  • Net income attributable to shareholders of CHF 899 million in 1H17, compared to a net loss of CHF 132 million in 1H16 (2Q17: CHF 303 million)
   

Webcast Replay

  • Presentation to investors and analysts / Q&A (English)
  • Presentation to the media (English | German)

Telephone Conference Replay

  • Switzerland: +41 44 580 34 56
  • Europe: +44 1452 550 000
  • USA: +1 866 247 4222

The telephone replay function will be available for 10 days.

Conference IDs

  • Presentation to investors and analysts: 52074003#
  • Presentation to the media: EN: 52135148# | DE: 52180181#