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Severance and restructuring costs totaled $1.5 billion.
Excluding restructuring costs, profit was 74 cents a share.
The company expects more restructuring costs in the coming months.
And it estimates restructuring costs around $400 million.
The year-earlier period included charges related to restructuring costs.
Who is going to assume the restructuring costs?
Excluding restructuring costs, earnings per share were 85 cents.
In total, restructuring costs will reach 3.3 billion francs by 2015.
The restructuring costs incurred have been heavy—$12 billion over a decade.
Belfius would also adequately contribute to its own restructuring costs, the commission statement added.
Restructuring costs linked to those job cuts amounted to €471 million in 2012.
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