BNP Paribas : 2025 outlook upgraded
>Q4 net income slightly short of expectations - BNP Paribas reported its Q4 2022 earnings yesterday morning. Revenues came in at € 12.11bn (7.8%), in line with expectations, but with much better-than-expected revenues in CIB, particularly global banking, while revenues fell short of expectations in personal finance and were very slightly below forecasts in commercial banking. Management costs came to € 8.47bn (+6.9%), ahead of expectations (~3% above the consensus) du...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.
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