Report
Benoit Valleaux ...
  • Steven Gould

BNP Paribas : Net income and RoTE growth guidance ahead of expectations

>Revenues slightly lower than expected and costs higher - BNP Paribas reported its Q4 2021 results yesterday morning. Revenues came in at € 11.2bn (+3.7%), slightly short of expectations (consensus of € 11.3bn), due to weaker-than-anticipated revenues in market activities (-10.7% vs Q4 2020 but flat vs Q4 2019) and in southern Europe, whereas revenues beat expectations notably in retail banking in France, in other activities in domestic markets (including Arval and Ni...
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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