Interim Management Statement for Q3 2012
- RBS reports a Q3 2012 operating profit (1) of £1,047 million
- Core RBS Q3 2012 operating profit £1,633 million
- Year-to-date Core return on tangible equity 10%
- Q3 2012 net attributable loss of £1,384 million, after £1,455 million pre-tax accounting charge for improved own credit
- Core Tier 1 ratio 11.1%, loan:deposit ratio 102%, Non-Core assets down to £65 billion.
(1) Operating profit before tax, own credit adjustments, Asset Protection Scheme, Payment Protection Insurance costs, amortisation of purchased intangible assets, integration and restructuring costs, loss on redemption of own debt, strategic disposals and RFS Holdings minority interest (‘operating profit’). Statutory operating loss before tax was £2,763 million for the nine months ended 30 September 2012.
Interim Management statement documents Q3 2012
- Summary announcement (pdf)
- Full announcement (pdf)
- Financial supplement (xls)
- Presentation slides (ppt)
Conference call replays
To hear recordings of the conference calls, please dial:
UK free call: 0800 694 8082
- International: +44 (0) 1452 568 172
- USA free call: 1 866 966 8024
- Australia free call: 1 800 020 199
- Hong Kong free call: 8009 687 77
- Singapore free call: 8001 203 988
- India free call: 0008 001 006 741
Use the replay access numbers below:
"The RBS restructuring programme continues to make excellent progress as we take the action needed to make the bank safer and stronger. Our funding and capital position has been transformed, we have repaid all emergency loans from the Government and central banks, and we recently exited the Asset Protection Scheme without ever making a claim. At the same time, we are working to make sure the needs of our customers are central in our decision making. Economic pressures are restraining customer activity levels and as a result banks are running hard to stand still in this environment. Nevertheless, resilient Core bank performance at RBS provides resources for customers and for our cleanup, whilst signposting shareholder value in the future."
Stephen Hester, Chief Executive, RBS Group
A global “Who’s Who” descended on Davos this week for the World Economic Forum, but all the attention was on the ECB in Frankfurt. After all the waiting, Quantitative Easing arrived in the Eurozone. And across the Channel, the UK’s Monetary Policy Committee took two steps away from raising rates. European easing continues.
All news and opinion