BNP Paribas announced this morning its numbers for Q4 17. Total income at €10.53bn was 0.5% higher than expected while total expenses were 2.8% above expectations. Adjusted for higher than expected expenses in the corporate centre, total expenses were just 0.5% short of expectations. (Adjusted) profit before loan losses and taxes at €3.085bn is therefore 0.6% above expectations. Guidance for 2020 was reiterated and the CET1 ratio was flat qoq at 11.8%.
06 Feb 2018
In line with expectations...
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In line with expectations...
BNP Paribas S.A. Class A (BNP:WBO) | 0 0 0.8% | Mkt Cap: 80,389m
- Published:
06 Feb 2018 -
Author:
Farhad Moshiri -
Pages:
3
BNP Paribas announced this morning its numbers for Q4 17. Total income at €10.53bn was 0.5% higher than expected while total expenses were 2.8% above expectations. Adjusted for higher than expected expenses in the corporate centre, total expenses were just 0.5% short of expectations. (Adjusted) profit before loan losses and taxes at €3.085bn is therefore 0.6% above expectations. Guidance for 2020 was reiterated and the CET1 ratio was flat qoq at 11.8%.