Report
Benoit Valleaux ...
  • Steven Gould

BNP Paribas : Net profit expected to fall in Q1, but BNP remains very solid amid the crisis

>Marginal drop in revenues, but rise in the cost of the SRF - BNP Paribas is due to report Q1 2022 results on 3 May. We forecast revenues of € 11.8bn (-0.2%), marginally above the consensus estimate (€ 11.72bn), including expected revenue growth in French retail banking (+7.1%e), Arval and leasing activities (+9.9%e), private banking (+1.6%e) and CIB (+3.7%e), especially in interest-rate and forex activities. In contrast, we forecast lower revenues in retail banking ...
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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