This morning BNP Paribas released its numbers for Q319. The beat in revenues versus expectations was mostly driven by a decent quarter in investment banking (both financing and capital markets). Costs were under control with a limited 2% increase YoY (despite revenues 5% higher). The CET1 ratio at 12% this quarter was in line with BNP Paribas’ quarterly capital generation (10bps).
31 Oct 2019
A reassuring CIB...
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A reassuring CIB...
BNP Paribas S.A. Class A (BNP:WBO) | 0 0 0.8% | Mkt Cap: 80,389m
- Published:
31 Oct 2019 -
Author:
Farhad Moshiri -
Pages:
2
This morning BNP Paribas released its numbers for Q319. The beat in revenues versus expectations was mostly driven by a decent quarter in investment banking (both financing and capital markets). Costs were under control with a limited 2% increase YoY (despite revenues 5% higher). The CET1 ratio at 12% this quarter was in line with BNP Paribas’ quarterly capital generation (10bps).