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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| BNP Paribas | EU:BNP | Euronext | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.59 | 0.87% | 68.23 | 68.01 | 68.40 | 68.36 | 67.40 | 67.67 | 1,067,014 | 02:00:55 |
From May 2019 to May 2024
By Pietro Lombardi
BNP Paribas SA's (BNP.FR) second-quarter net profit rose, helped by slightly growing revenue, gains on a stake sale and lower income tax.
France's largest listed bank by assets had a net profit of 2.47 billion euros ($2.75 billion) for the quarter compared with EUR2.39 billion a year earlier, it said Wednesday.
Revenue edged up to EUR11.22 billion from EUR11.21 billion.
Analysts had expected the bank to achieve a net profit of EUR2.11 billion on revenue of EUR10.95 billion, according to a consensus forecast provided by FactSet.
The bank posted a gain on the sale of a stake in SBI Life Insurance, its Indian joint venture with the State Bank of India, and the deconsolidation of the remaining stake.
BNP's core Tier 1 capital ratio--a key measure of capital strength--increased to 11.9% in June from 11.7% in March.
Write to Pietro Lombardi at pietro.lombardi@dowjones.com
(END) Dow Jones Newswires
July 31, 2019 01:24 ET (05:24 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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