BNP Paribas : The results-driven re-rating begins to take shape
>When the consensus wakes up... - The broad validation of the group’s forecasts by the Q3 2020 publication confirms that the consensus needs to raise its estimates. A revision for 2020 has become inevitable (9M 2020 = 87% consensus for FY 2020). This revision should also affect 2021:Confirmation of forecasts for the cost of risk: H2 2020 < H1 2020 and 2021 < 2020 This sequence implies cumulative provisions for H2 2020 + FY 2021 of around € 7.5bn. Prior to the Q3 ...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.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.