Report
Benoit Valleaux ...
  • Steven Gould

BNP Paribas : Solid net income forecast for Q2, as expected

>Anticipated 5% increase in revenue in Q2 - BNP Paribas is due to report Q2 2024 net income on 24 July. We forecast revenue of € 11,913m (+4.8%) in line with the consensus, despite the continuation in Q2 of a negative comparison effect of around € 150m on interest income (remuneration of regulated reserves, deposits down in Belgium, end of hedging gains on inflation in France) with:1/ revenue of € 4bn at CPBS (retail banking), up very slightly (+0.6%) vs Q2 2023,...
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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