BNP Paribas GAAP EPS of €7.79, revenue of €12.57B; reaffirms 2024-2026 trajectory

Published 2 weeks ago Positive
BNP Paribas GAAP EPS of €7.79, revenue of €12.57B; reaffirms 2024-2026 trajectory
Auto
* BNP Paribas press release (OTCQX:BNPQF [https://seekingalpha.com/symbol/BNPQF]): Q3 GAAP EPS of €7.79.
* Revenue of €12.57B (+5.3% Y/Y).
* “The Group achieved good operating performance in all three of its divisions in the third quarter and displays a very solid financial structure, with a CET1 ratio of 12.5%, as well as organic capital generation of 30 bps. Our results are in line with our 2025 net income target of more than 12.2 billion euros and with our 2026 growth trajectory."
* Group net banking income stood at €12,569m, up by 5.3% compared to the 3rd quarter 2024.
* The Common Equity Tier 1 ratio5 (hereinafter: CET1 ratio) stood at 12.5% as of 30 September 2025, far above SREP requirements (10.51%) and stable compared to 30 June 2025.
* As of 30 September 2025, the liquidity coverage ratio9 (end-of-period) stood at 138%, high quality liquid assets at €380bn, and the immediately available liquidity reserve10 at €481bn.
* 2024-2026 TRAJECTORY AND AMBITION 2028: Based on the positive momentum so far in 2025, we confirm the Group’s 2026 trajectory. That momentum will help improve shareholder return. • Revenues: compound average growth rate above 5% for 2024-2026 • Jaws effect: ~+1.5 points/year on average • Cost of risk: below 40 bps in 2025 and 2026 • Net income: CAGR above 7% for 2024-2026 • Earnings per share: CAGR above 8% for 2024-2026 • 2025 RoTE: 11.5%; 2026 RoTE: 12%; 2028 RoTE: 13%

MORE ON BNP PARIBAS SA

* BNP Paribas: Neutral On Rising France Risk, And Full Valuation (Rating Downgrade) [https://seekingalpha.com/article/4829079-bnp-paribas-neutral-on-rising-france-risk-and-full-valuation-rating-downgrade]
* Historical earnings data for BNP Paribas SA [https://seekingalpha.com/symbol/BNP:CA/earnings]
* Dividend scorecard for BNP Paribas SA [https://seekingalpha.com/symbol/BNP:CA/dividends/scorecard]
* Financial information for BNP Paribas SA [https://seekingalpha.com/symbol/BNP:CA/income-statement]