|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||50.74 - 51.00|
|52 Week Range||40.91 - 77.65|
|Beta (5Y Monthly)||1.89|
|PE Ratio (TTM)||6.94|
|Forward Dividend & Yield||3.94 (8.04%)|
|Ex-Dividend Date||May 23, 2022|
|1y Target Est||N/A|
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Higher trading income in its investment bank and growing demand for loans from businesses have helped BNP Paribas beat earnings forecasts in the second quarter. The eurozone’s biggest bank has expanded its equities business with acquisitions in recent years, and is reaping the benefits in its investment bank. Corporate and investment bank revenues increased 10.6 per cent to €4.1bn, despite a slowdown in dealmaking and stock market listings during the period.
French bank BNP Paribas reported better than expected profit in the second quarter after bad loan provisions dipped and business remained buoyant in both investment and retail banking, amid torrid global markets and an economic slowdown. BNP shares jumped over 4% in morning trading, outperforming the European banking sector which was rising at only about half that pace.