Natixis releases Q4 2019 financial results, delivering growth across the board

Natixis has released its financial results for the fourth quarter of 2019, showing net profit more than doubled, driven by a sharp increase in fixed income and equity trading.

Fourth quarter net income rose to €371 million from €181 million a year ago. Revenues rose to €2.5 billion from €2.04 billion in the same period a year ago. Underlying revenues for CIB were up 16% YoY in Q4, primarily driven by global markets and a historically high quarter for investment banking and M&A.

François Riahi, Natixis’ Chief Executive Officer said: “In 2019, Natixis recorded very sound results with each of our four businesses growing revenues faster than costs. The fourth quarter of 2019 notably represented Natixis’ best-ever quarter in terms of revenue and gross operating income generated”.

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