Report

Natixis : Tendances de fond inchangées malgré les commissions de performance

>Prévisions inchangées malgré un T4 supérieur aux attentes - Le bénéfice net T4 2018 publié est supérieur de 29.5% aux attentes. Pourtant, nous ne révisons pas nos prévisions 2019/2020 et nous doutons que le consensus reflète cette performance. A cela deux raisons :L’essentiel provient de commissions de performances très supérieures aux attentes : elles atteignent 249 M€ vs environ 160 M€ attendus et 149 M€ en T4 2017. Elles proviennent en quasi-totalité des bout...
Underlying
NATIXIS

Natixis is a player in the European banking industry. As the banking partner of large companies in France, Co. also plays an active role in serving financial institutions (banks, insurance companies, pension funds, etc.). Co.'s activities are divided into in three main business lines: Wholesale Banking, Investment Solutions (Asset Management, Private Banking, Insurance, and Private Equity) and Specialized Financial Services. Co. operates in four geographical regions: France; other EU countries; North America (Canada, USA); and other OECD countries. As of Dec. 31 2013 Co.'s total assets totaled Euro510,131,000,000.

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.

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch