- BNP Paribas
- Share price
BNP Paribas achieved a very good performance in 2023 that reflects the solidity of our diversified model, the efficiency of our platforms, and the Group’s ability to continue its development in order to address the needs of its individual, corporate and institutional clients. On the strength of our teams’ mobilisation and expertise and our technological advances, BNP Paribas will continue to grow and gain market share.
2023 also featured a strong acceleration in financing the production of low-carbon energies while exiting the financing of the production of fossil fuels in order to contribute towards transitioning our economies and our societies. Alongside all our teams, whom I wish to thank for their commitment, we remain focused on our mission of supporting clients and partners on a long term basis and, more broadly, of serving the European economy.
Jean-Laurent Bonnafé, BNP PARIBAS CEO
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(1) Based on distributable Net Income serving as the basis for calculating the 2023 distribution and reflecting the Group’s intrinsic performance
post impact of the sale of Bank of the West and post contribution to the ramp-up of the Single Resolution Fund (SRF) and excluding extraordinary
items as detailed on slide 11 of the 2023 results presentation – Variations calculated on this basis; (2) Distributable earnings per share at end of
period; (3) After taking remuneration of TSSDI (undated super-subordinated notes) into account.
2022 | 2021 | 2020 | 2019 | 2018 | |
---|---|---|---|---|---|
Total assets | 2 666 376 | 2 634 444 | 2 488 491 | 2 164 713 | 2 040 836 |
Customer deposits | 1 008 054 | 957 684 | 940 991 | 834 667 | 796 548 |
Customer loans gross | 857 020 | 814 000 | 809 533 | 805 777 | 765 871 |
Common stockholders' equity | 121 792 | 117 886 | 112 799 | 107 453 | 101 467 |
CET1 ratio | 12.3% | 12.9% | 12.8% | 12.1% | 11.8% |
Tier 1 capital ratio | 13.9% | 14.0% | 14.2% | 13.5% | 13.1% |
Total capital ratio | 16.2% | 16.4% | 16.4% | 15.5% | 15.0% |
2022 | 2021 | 2020 | 2019 | 2018 | |
---|---|---|---|---|---|
Revenues | 50 419 | 46 235 | 44 275 | 44 597 | 42 516 |
Gross operating income | 16 717 | 15 124 | 14 081 | 13 260 | 11 933 |
Operating income | 13 752 | 12 199 | 8 364 | 10 057 | 9 169 |
Pre-tax income | 14 450 | 13 637 | 9 822 | 11 394 | 10 208 |
Net income Group share | 10 196 | 9 488 | 7 067 | 8 173 | 7 526 |
2022 | 2021 | 2020 | 2019 | 2018 | |
---|---|---|---|---|---|
Earnings per share (1) | 7.80 | 7.26 | 5.31 | 6.21 | 5.73 |
Net book value per share (2) | 89.0 | 88.0 | 82.3 | 79 | 74.7(*) |
Net dividen per share | 3.90(7) | 3.67(6) | 2.66(4) | 0.0(3) | 3.02 |
Pay-out ration (in %) (7) | 50.00(7) | 50.00(6) | 50.00(5) | 0.0(3) | 52.72 |
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High (8) | 68.07 | 62.55 | 54.22 | 53.81 | 68.66 |
Low (8) | 40.67 | 39.71 | 24.51 | 38.14 | 38.18 |
Year-end | 53.25 | 60.77 | 43.105 | 52.83 | 39.48 |
CAC 40 Index on 31st December | 6 473.76 | 7 153.03 | 5 551.41 | 5 978.06 | 4 730.69 |
(1) Based on the average number of shares outstanding during the year.
(2) Before distribution. Revalued net book value based on the number of shares outstanding at year-end.
(3) Following ECB/2020/19 recommendation of the European Central Bank of 27 March 2020 on dividend distribution policies during the Covid-19 pandemic, the distribution of EUR 3.10 per share initially proposed to the Annual General Meeting of 19 May 2020, was appropriated to “Other reserves”.
(4) EUR 1.11 distributed following the approval of the Shareholders’ Combined General Meeting of 18 May 2021, plus EUR 1.55 distributed following the approval of the Ordinary Annual General Meeting of 24 September 2021; taking into account only the distribution of the 2020 dividend.
(5) Taking into account only the distribution of the 2020 dividend.
(6) Taking into account only the distribution of the 2021 dividend and not taking into account the EUR 900 million share buyback programme,
executed between 1st November 2021 and 6 December 2021.
(7) Subject to approval by the Annual General Meeting of 16 May 2023 and taking into account only the distribution of the 2022 dividend and not taking into account the planned EUR 962 million share buyback programme related to the ordinary distribution.
(8) Cash dividend distribution recommended at the Annual General Meeting expressed as a percentage of distributable net income attributable to shareholders.
(9) Recorded during the meeting.
(*) Impact of the first application of IFRS 9 on shareholders’ equity at 1 January 2018 - EUR 2.5 billion, ie EUR 2 per share.