BNP Paribas: Q1 net income down by a third

(CercleFinance.com) - BNP Paribas has published Q1 2020 net income, group share of 1,282 million euros, down 33.
2% overall, although up 6.7% excluding the major impacts of the health crisis.

Gross operating income reached 2,731 million euros, up 1.3%, while net banking income was down 2.3% to 10,888 million euros - although this which have increased by 2.8% excluding specific impacts.

At 31 March 2020, its common equity Tier 1 ratio was 12% and leverage ratio was 3.9%. The liquidity reserve, which can be instantly mobilised, amounts to 339 billion euros, equivalent to over one year of room to manoeuvre in terms of wholesale resources.


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