Free Trial

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)

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.