Report
Benoit Valleaux ...
  • Steven Gould

BNP Paribas : Good momentum on revenue and low cost of risk anticipated in Q3

>Revenue expected to be solid - BNP Paribas is due to publish its Q3 2021 earnings on 29 October. We forecast NBI of € 11,345m in Q3 2021 (+4.2% vs Q3 2020, but a sequential decline of 3.7% vs Q2 2021, when the group posted very high revenue levels including in CIB). Our forecast for NBI is a shade above the consensus (€ 11,158m). In retail banking on the domestic markets, we forecast a 4.6% increase in revenue, notably with good momentum on revenue in France (to € 1,...
Underlying
BNP Paribas SA Class A

BNP Paribas is engaged in the provision of banking and financial services. Co.'s business activities are divided into two segments: Retail Banking & Services and Corporate and Investment Banking. The Retail Banking and Services business includes domestic markets and international financial services. The Corporate and Institutional Banking comprises of corporate banking, global markets, and securities services. Other activities include principal investments, which related to Co.'s central treasury function, some costs related to crossbusiness projects, the residential mortgage lending business of personal finance, and certain investments.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Benoit Valleaux

Steven Gould

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