Report
Benoit Valleaux ...
  • Steven Gould

BNP Paribas : Solid underlying results, in line with the group’s guidance

>Revenues set to be virtually stable - BNP Paribas is due to report its Q4 2023 results on 1 February. We forecast revenues of € 11.339bn (in line with the consensus), down 6.4% in reported terms, mainly due to the sale of BankWest and, to a lesser extent, the shift to IFRS 17. Adjusted for these factors, revenues are set to be more or less stable on a high base. By business line, we forecast: 1/ revenues of € 3.9bn in CPBS (retail banking), down 12.6% in reported te...
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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