Report
Steven Gould

BNP Paribas : T4 2019 – Clarification sur le capital

>Conclusion – Biais positif confirmé - L’analyse des résultats et des indications conduit à une conclusion plutôt positive :(+) Solvabilité et capital : il devient de plus en plus clair que BNP Paribas dégagera un excédent de fonds propres même après impact de Bâle 3 dans son intégralité.(+) Cost / Income: le consensus table sur -300 pb ce qui paraît réaliste compte tenu des économies programmées. L’hypothèse d’inflation de 3.5% de BNPP paraît élevée.(+...
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
Steven Gould

Other Reports on these Companies
Other Reports from Oddo BHF
Ghada Ben Sedrine ... (+2)
  • Ghada Ben Sedrine
  • Nicolas David
Benoit Valleaux ... (+5)
  • Benoit Valleaux
  • Roland Pfaender
  • MBA
  • CFA
  • CCRA
Ghada Ben Sedrine ... (+2)
  • Ghada Ben Sedrine
  • Nicolas David

ResearchPool Subscriptions

Get the most out of your insights

Get in touch