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Note 04 - Management Report - Corporate Divisions - Corporate Bank (Detail) - Corporate Bank [Member]
€ in Millions
12 Months Ended
Dec. 31, 2023
EUR (€)
Dec. 31, 2022
EUR (€)
Dec. 31, 2021
EUR (€)
Net revenues [Abstract]      
Corporate Treasury Services € 4,366 € 3,821 € 3,072
Institutional Client Services 1,906 1,587 1,299
Business Banking 1,445 930 781
Total net revenues 7,716 6,337 5,153
Of which: [Abstract]      
Net Interest Income 5,113 3,628 2,605
Commissions and Fee Income 2,328 2,356 2,204
Remaining Income 275 354 343
Provision for credit losses 266 335 (3)
Noninterest expenses [Abstract]      
Compensation and benefits 1,537 1,422 1,447
General and administrative expenses 2,934 2,786 3,053
Impairment of goodwill and other intangible assets 0 0 5
Restructuring activities (4) (19) 42
Total noninterest expenses 4,466 4,188 4,547
Noncontrolling interests 0 0 0
Profit (loss) before tax € 2,984 € 1,814 € 609
Employees (front office full time equivalent) [1] 7,859 7,444 7,441
Employees (business aligned operations full time equivalent) [1] 7,853 6,508 5,838
Employees (allocated central infrastructure, full-time equivalent) [1] 9,808 8,209 7,282
Total employees (full-time equivalent) [1] 25,520 22,161 20,560
Total assets [1],[2] € 264,000 € 258,000 € 246,000
Risk weighted assets (RWA) [1] 69,000 74,000 65,000
of which operational risk RWA [1] 6,000 5,000 6,000
Leverage exposure [1] 307,000 321,000 300,000
Deposits [1] 289,000 289,000 270,000
Loans (gross of allowance for loan losses) In Divisions [1] € 117,000 € 122,000 € 122,000
Cost Income Ratio 57.90% [3] 66.10% [4] 88.20% [5]
Post-tax return on average shareholders equity 15.20% [6] 10.00% [6] 3.20%
Post-tax return on average tangible shareholders' equity 16.60% [6] 10.90% [6] 3.50%
[1] As of year-end
[2] Segment assets are presented on a consolidated basis, i.e., the amounts do not include intersegment balances
[3] Noninterest expenses as a percentage of total net revenues, which are defined as net interest income before provision for credit losses plus noninterest income
[4] Noninterest expenses as a percentage of total net revenues, which are defined as net interest income before provision for credit losses plus noninterest income
[5] Noninterest expenses as a percentage of total net revenues, which are defined as net interest income before provision for credit losses plus noninterest income
[6] For the post-tax return on average shareholders’ equity and average tangible shareholders’ equity of the segments, the Group effective tax rate was adjusted to exclude the impact of permanent differences not attributed to the segments, so that the segment tax rates were 28 % for the years 2023, 2022 and 2021; for further information, please refer to “Supplementary Information (Unaudited): Non-GAAP Financial Measures” of this report