April 25, 2024 05:46 GMT
BNP Results Initial Reaction: Small Beat But Revenues Missed
FINANCIALS
BNP 1Q24 results headlines look marginally ahead on revenues and loan losses. One FY24 guidance headline looks like an upgrade:
- BNP PARIBAS 1Q CET1 RATIO 13.1%, EST. 13.2%
- BNP PARIBAS 1Q NET INCOME EU3.10B, EST. EU2.48B
- BNP PARIBAS 1Q LOAN-LOSS PROVISION EU640M, EST. EU858M
- BNP PARIBAS 1Q REV. EU12.48B, EST. EU12.23B
- BNP PARIBAS 1Q FICC SALES & TRADING REV EU1.60B, EST. EU1.74B
- BNP Paribas Sees 2024 Net Income Higher Than 2023's EUR11.2B (cons is for lower)
Keep reading...Show less
70 words