BNP Paribas PARYŻ Euronext: BNP największy bank strefy Euro

[slayer74]

BNP Paribas ogłosił wstrzymanie finansowania i doradzania spółkom z branży tytoniowej.
https://www.pb.pl/najwiekszy-francuski- ... wej-899204

[slayer74]

BNP Paribas USA płaci 90 mln USD za manipulację walutami CEEMA
https://www.pb.pl/rzad-usa-bnp-paribas- ... ami-904167

[slayer74]

Dwa największe banki francuskie, BNP Paribas SA i Credit Agricole SA, mają własne placówki handlowe we Włoszech

https://www.ticker.pl/2019/02/27/uwaga- ... inansowym/

[slayer74]

BNP Paribas chwali się rekordami

Aż 614 mln zł, czyli o prawie 71 proc. więcej niż przed rokiem, wyniósł skonsolidowany zysk netto BNP Paribas (Polska).

Gdyby nie jednorazowe zdarzenia, np. koszty integracji z Raiffeisenem, zeszłoroczny zysk wyniósłby ponad 950 mln zł. Kierujący spółką Przemysław Gdański twierdzi, że instytucja o takiej skali działania jak BNP Paribas [na koniec zeszłego roku aktywa banku warte były 110 mld zł — red.] jest w stanie zarobić miliard złotych rocznie. Na pytanie, czy to cel banku na bieżący rok, prezes odpowiada: „Nie dzielimy się prognozami z rynkiem”.
...
https://www.pb.pl/bnp-paribas-chwali-si ... ami-984037

[slayer74]

BNP Paribas: Q2 net income of €2.3B

Revenue of €11.68B (+4.0% Y/Y)

Q2 gross operating income was up 14.5% y/y to €4.34B.

[slayer74]

BNP Paribas pożyczył firmom 4 mld zł

opublikowano: wczoraj, 08-09-2020, 22:00
Przedsiębiorcy tylko na chwilę stanęli z inwestycjami, ale szybko się otrząsnęli. Bank sfinansował więcej transakcji niż rok temu.

Pogorszenie sytuacji ekonomicznej i trzy cięcia stóp z rzędu wywołały wśród firm obawy o dostępność finansowania z banków. Nie jest z tym źle — tak wynika z danych BNP Paribas za pierwsze półrocze. Jego zaangażowanie w bankowość korporacyjną i instytucjonalną (CIB), czyli w inwestycje firm oraz rządowe projekty strategiczne, w rok prawie się podwoiło — z 2,3 mld zł na koniec czerwca 2019 r. do 4 mld zł na koniec pierwszego półrocza br.

https://www.pb.pl/bnp-paribas-pozyczyl- ... zl-1001737

[slayer74]

BNP Paribas posts profit beat for third quarter and maintains guidance for the year
PUBLISHED TUE, NOV 3 20202:47 AM EST

The French bank reported 1.89 billion euros ($2.20 billion) in net income for the third quarter of 2020.
This after analysts had forecast a figure of 1.6 billion euros, according to Refinitiv.
The lender also said it has 472 billion euros available in liquidity reserves.

LONDON — BNP Paribas beat market expectations on Tuesday on the back of a solid performance in its investment banking unit.

The French bank reported 1.89 billion euros ($2.20 billion) in net income for the third quarter of 2020, after analysts had forecast a figure of 1.6 billion euros, according to Refinitiv. The lender also said it has 472 billion euros available in liquidity reserves.

Other highlights of the quarter:

Revenues dropped marginally (0.1%) from a year ago, reaching 10.88 billion euros.
CET 1 ratio (a measure of bank solvency) rose to 12.6%, vs. 12% a year ago.
Operating expenses fell 3.8% from a year ago.
Lars Machenil, the chief financial officer of BNP Paribas, told CNBC’s Charlotte Reed that the results were a “tribute” to the diversification of the business.

“The revenues are basically back to the level of a year ago. Secondly, if you look at the costs, they (are) going down, fully in line with our aim to reduce the cost by more than a billion (euros) this year,” Machenil said, while adding that looking at the year-to-date performance, the bank is “ahead” in its original outlook for the full year.

BNP Paribas reported revenue growth in all its three divisions, but CIB (Corporate and Institutional Banking) experienced the highest increase by 17% year-on-year. Though on a quarterly basis, the same unit saw revenues fall by 18.2%.

“What we see is that in the first half of the year, there was a demand which was well above what you would normally have. And basically, the levels tapered a bit off, but are still representing a very solid demand,” Machenil said.

Fixed Income, Commodities and Currencies (FICC) contributed with a 34.6% jump in revenues from a year ago on the back of a “sharp rise in credit,” a “rebound in forex and emerging markets and a good performance of rates.”

On the other hand, the Equity and Prime Services’ unit saw a 15.1% fall in revenues due to a “lackluster market.”

Second lockdown
The results come at a time when governments across Europe step up social restrictions as they grapple with a second wave of coronavirus infections. However, BNP Paribas played down the impact of further restrictions, arguing that the second lockdowns are slightly different from those imposed back in March.

“The lockdowns are of a different nature than what we saw in the past. So that’s why we feel comfortable to reiterate our guidance for the full year,” Machenil said.

At the end of the second quarter, the French lender had suggested that its bottom line should drop between 15% and 20% by the end of the year due to the coronavirus crisis.

BNP Paribas shares are down about 42% since the start of the year.

https://www.cnbc.com/2020/11/03/bnp-par ... nings.html

[slayer74]

Francuski bank, który jest właścicielem 50 proc. akcji w firmie inwestycyjnej Exane, chce przejąć nad nią pełną kontrolę, aby wzmocnić swoją pozycję na rynku akcji.

“Pełna integracja z Exane wzmocniłaby zakres usług gotówkowych i instrumentów pochodnych, jakie może zaoferować nasz bank“ - stwierdził BNP Paribas w czwartkowym oświadczeniu.

https://www.pb.pl/bnp-paribas-chce-wyku ... ne-1110815

[slayer74]

BNP Paribas reporting a 26% rise in net income in the second quarter allowing the French bank to pay an additional dividend.

[slayer74]

BNP Paribas Earnings, Revenue Beat in Q2

Investing.com - BNP Paribas (OTC:BNPQY) reported on Friday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.

BNP Paribas announced earnings per share of €2.07 on revenue of €11.78B. Analysts polled by Investing.com anticipated EPS of €1.81 on revenue of €11.22B.

BNP Paribas shares are down 9% from the beginning of the year, still down 10.77% from its 52 week high of €57.92 set on May 18. They are under-performing the S&P Global 100 which is up 16.26% from the start of the year.

BNP Paribas shares lost 0.75% in intra-day trade following the report.

BNP Paribas follows other major Financial sector earnings this month
BNP Paribas's report follows an earnings beat by Euronext on Thursday, who reported EPS of €1.43 on revenue of €328.8M, compared to forecasts EPS of €1.21 on revenue of €286.53M.

https://www.investing.com/news/bnp-pari ... q2-2574314

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France-based bank BNP Paribas agrees to purchase a majority stake in Dynamic Credit Group, a Dutch asset manager and specialist lender with 9B euros ($10.6B) of assets under management.

The price of the acquisition wasn't disclosed.
"Given their attractive risk-return profile and low capital charge under Solvency II, Dutch mortgages are a very attractive investment for institutional investors in the ongoing low interest rate environment," said BNP Paribas. "Investments in Dutch mortgages are expected to continue to grow steadily."
For BNP Paribas Asset Management, the deal expands its investment platform, particularly in the private markets sector.
The deal would allow Dynamic Credit access to a larger distribution network across Europe, said Tonko Gast, founder and CEO of Dynamic Credit.

[slayer74]

BNP Paribas stock rose 0.3% after the French bank, the largest in Europe, launched a share buyback program for a maximum total of 900 million euros ($1 billion). It posted a strong rise in third-quarter profit on lower provisions for pandemic-related loan losses and a sharp rise in equity trading.

[slayer74]

PARIS (Reuters) -French lender BNP Paribas on Tuesday posted fourth-quarter net income that beat analysts’ estimates on lower pandemic-related provisions and said it expected net profit to grow by more than 7% each year on average from 2022 to 2025.

PARIS (Reuters) -BNP Paribas raised profitability targets and pledged higher shareholder returns after beating profit expectations in the fourth quarter on the back of lower pandemic-related provisions.

Unveiling a new strategic plan, the euro zone’s largest listed bank said on Tuesday it would return 60% of net income to investors through 2025 compared to 50% previously and targeted a return on tangible equity — a key measure of profitability — of more than 11% in four years’ time, from 10% last year.

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The prospect of higher interest rates has prompted European lenders to raise returns on shareholder capital to double digit levels with Nordea last week aiming for over 13% for 2025.

In the fourth quarter of last year, BNP posted a near 45% rise in net income from a year ago to 2.31 billion euros ($2.64 billion), beating a mean forecast for 2.03 billion euros in a poll of analysts compiled by Refinitiv.

Revenue was up 3.7% at 11.23 billion euros, slightly below the 11.37 billion expected by analysts due to a drop in corporate and investment banking sales.

Its cost of risk, reflecting provisions against bad loans, fell by 68.1% in the quarter.

The bank is targeting an average annual growth rate of more than 7% for net income through 2025 as well as a 3.5% increase in revenue over that period.

In its corporate and investment banking division, BNP is targeting an annual rise of almost 3% on average from 2022 to 2025.

BNP Paribas said in December it had agreed to sell its U.S. unit Bank of the West to Canada’s BMO Financial Group for around $16.3 billion.

[slayer74]

French lender BNP Paribas on Tuesday posted a 19.2% rise in net income in the first quarter, helped by a sharp increase in trading activities and said it kept 2025 targets amid Russia’s Feb. 24 invasion of Ukraine and a worsening economic growth

https://www.fxempire.com/news/article/f ... fit-987279

[slayer74]

BNP Paribas ogłosił, że z uwagi na „aktualną sytuację rynkową” zaprzestaje udzielania kredytów hipotecznych nowym klientom. Zamierza z kolei skupić się na stałych klientach i zabezpieczyć ich przed ryzykiem nadmiernego zadłużenia się.

BNP Paribas jako pierwszy bank w Polsce podjął taką decyzję. Jak tłumaczy, była ona motywowana obecną sytuacją rynkową, a więc rosnącą inflacją i stopami procentowymi. Bank nie będzie udzielał nowym klientom kredytów hipotecznych, z jednym wyjątkiem – od czerwca mogą korzystać z oferty „zielonej hipoteki”, polegającej na finansowaniu przyjaznych środowisku nieruchomości.

Od czerwca, aby zaciągnąć hipotekę będąc nowym klientem, należy przez trzy miesiące „budować relacje” z bankiem i korzystać z dowolnego produktu – dopiero wtedy klient uzyska dostęp do pełnej oferty hipotecznej.

Bank wyjaśnia, że chce skupić się na swoich klientach korzystających z kredytów hipotecznych, oferując im szereg rozwiązań wspierających obsługę ich potrzeb i zobowiązań finansowych. Przygotowuje się również do wdrożenia Programów Wsparcia Kredytobiorców, aby pomóc w razie potrzeby w skorzystaniu z Funduszu Wsparcia Kredytobiorców i wakacji kredytowych.

https://www.msn.com/pl-pl/finanse/najpo ... 957f8a40aa