BNP Paribas : Robust net income expected for Q2
>Revenues should continue to increase - BNP Paribas is due to report Q2 2022 net income on 29 July. We forecast revenues of € 12,250m (+4.0%), close to the consensus, with notably a level of revenues expected to be virtually stable in France, but with strong growth forecast for retail banking revenues in the US (with a favourable forex effect) and to a lesser extent in Belgium. Revenues for specialised financial services, including Arval, should post strong growth and...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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