BNP Paribas: Annual EPS up 9%.
(CercleFinance.com) - BNP Paribas reports EPS up 8.
9% to E9.57 for FY 2024, with cost of risk up slightly to three billion euros and gross operating income up 7.4% to over E18.6bn.
Operating expenses rose by 2.1% to E30.2bn, but net banking income increased by 4.1% to E48.8bn, driven in particular by the CIB division (+8.4%), which benefited from the strong performance of its three business lines: global banking, global markets and securities services.
The Board of Directors will propose a dividend of E4.79 for 2024, with the introduction of an half-yearly interim dividend, to the AGM on 13 May. In addition, a E1.08bn share buyback program will be launched in Q2 2025.
Having exceeded its 2024 targets, BNP Paribas confirms its ROTE trajectory to 2026, with growth drivers in place beyond that date, as well as its distribution policy for 2025 and 2026 (pay-out ratio of 60%, including a minimum of 50% in dividends).
Copyright (c) 2025 CercleFinance.com. All rights reserved.
9% to E9.57 for FY 2024, with cost of risk up slightly to three billion euros and gross operating income up 7.4% to over E18.6bn.
Operating expenses rose by 2.1% to E30.2bn, but net banking income increased by 4.1% to E48.8bn, driven in particular by the CIB division (+8.4%), which benefited from the strong performance of its three business lines: global banking, global markets and securities services.
The Board of Directors will propose a dividend of E4.79 for 2024, with the introduction of an half-yearly interim dividend, to the AGM on 13 May. In addition, a E1.08bn share buyback program will be launched in Q2 2025.
Having exceeded its 2024 targets, BNP Paribas confirms its ROTE trajectory to 2026, with growth drivers in place beyond that date, as well as its distribution policy for 2025 and 2026 (pay-out ratio of 60%, including a minimum of 50% in dividends).
Copyright (c) 2025 CercleFinance.com. All rights reserved.