For the three months ended on 31 March 2013, its income before taxes stood at €2.4bn, up by 28% from €1.9bn during the comparable period earlier year.
Diluted earnings per share for the quarter stood at €1.71, compared to €1.45, while post-tax return on average active equity was 12%, versus 10% in the first quarter 2012.
Net revenues grew by 2% in the first quarter €9.4bn, as against €9.2bn during the same period a year ago.
Revenues in Corporate Banking & Securities (CB&S) were €4.6bn, down by 4%, from first quarter of 2012 as a less favorable market environment led to reduced client activity compared to the prior year quarter.
Global Transaction Banking (GTB) revenues rose by €25m to €992m, while Asset & Wealth Management (AWM) revenues grew by 8%, to €1.2bn during the first quarter of 2013.
Its Private & Business Clients (PBC) revenues stood at €2.4bn, down by €12m, or 1%, compared to the first quarter 2012.
At the end of the first quarter, the bank’s Core Tier 1 capital ratio was 12.1%, up from 11.4% at the end of the fourth quarter 2012.
