Report

BNP Paribas : Q1 2019 - An improvement… which will likely be confirmed

>Downturn in the cost-income ratio beginning to take shape… slowly - BNP Paribas was expected to report a downturn in its cost-income ratio. Q1 2019 results for operating units reflect a decline of around 100bp in the cost-income ratio year-on-year. However, by attempting to normalise the “revenues” for the insurance division, the improvement is probably more modest. The trends are positive for the retail France, Europe-Mediterranean, CIB and various retail activities...
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.

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