Results and publications

View the latest publications of BNP Paribas Group’s results : press releases, quarterly series, financial statements, etc.
View the latest publications
  • Group of documents (5 documents)
    Results
    2022-11-03

    Results as at 30 September 2022

  • Group of documents (3 documents)
    Others
    2022-05-03

    GTS 2025 Strategic Plan: “Operational Efficiency and Technology” and “Sustainable Finance and CSR” components

  • Group of documents (5 documents)
    Results
    2022-02-08

    Results as at 31 December 2021

Results as at 30 September 2022

A SOLID PERFORMANCE: GROWTH IN REVENUES, A POSITIVE JAWS EFFECT AND A PRUDENT RISK MANAGEMENT

The Group’s diversified and integrated model and its ability to accompany clients and the economy in a comprehensive way continued to drive strong growth in revenues and results in the third quarter 2022.
Thanks to its solid model, reinforced by its long-term approach, BNP Paribas achieved +10.3% growth in net income compared to the third quarter of 2021, while enhancing its profitability with a ROTE of
11.4%(1). These performances reflect the Group’s unique positioning in Europe stemming from its leading platforms.
The Group’s growth potential is proven and is being sustained through robust business momentum and strategic developments crystalised in 2021 and 2022. Growth is disciplined and accompanied by positive jaws effect in all divisions. In addition, the Group benefits from long-term prudent and proactive risk management, as illustrated, for example, in its ratio of cost of risk to gross operating income, which is one of the lowest in Europe.
The Group strengthens its policy of engaging with society through a group-wide approach and is engaged with clients to support them in their transition towards a sustainable economy. It is strengthening its steering tools, processes and governance. And it has taken the measures necessary for aligning its loan portfolios to meet its carbon-neutrality commitment.
_____________________
(1) Non-revaluated

On the strength of its model, the Group has achieved solid third quarter results. These results demonstrate our ability to expand and develop leading platforms at the service of the European economy. They reflect the dynamism of our clients who are adapting to economic developments, and BNP Paribas’ ability to support individuals, corporates and institutionals in all phases of the economic cycle.

Jean-Laurent Bonnafé, BNP PARIBAS CEO

                                               consult the press release  

The latest figures

  • REVENUES
    8.0 %
    vs. 3Q21
  • OPERATING EXPENSES
    6.0 %
    vs. 3Q21
  • UNDERLYING COST OF RISK
    31 bps
  • NET INCOME
    2,761 M€
    +10.3% vs. 3Q21
  • CET1 RATIO
    12.1 %

The results in a few words

  • A solid performance. Revenue growth, positive jaws effect and prudent risk management
  • Strong growth in revenues supported by all divisions
    Positive jaws effet (2.0 points)
  • Prudent, proactive and long-term risk management reflected in low cost of risk
  • Very good level of net income
  • Robust balance sheet and increase in profitability

 

BNP Paribas key figures

 

  2021 2020 2019 2018 2017
Total assets 2 634 444 2 488 491 2 164 713 2 040 836 1 960 252
Customer deposits 957 684 940 991 834 667 796 548 766 890
Customer loans gross 814 000 809 533 805 777 765 871 727 675
Common stockholders' equity 117 886 112 799 107 453 101 467 101 983
CET1 ratio 12.9% 12.8% 12.1% 11.8% 11.8%
Tier 1 capital ratio 14.1% 14.2% 13.5% 13.1% 13.2%
Total capital ratio 16.4% 16.4% 15.5% 15.0% 14.8%
  2021 2020 2019 2018 2017
Revenues 46 235 44 275 44 597 42 516 43 161
Gross operating income 15 124 14 081 13 260 11 933 13 217
Operating income 12 199 8 364 10 057 9 169 10 310
Pre-tax income 13 637 9 822 11 394 10 208 11 310
Net income Group share 9 488 7 067 8 173 7 526 7 759
  2021 2020 2019 2018 2017
Earnings per share (1) 7.26 5.31 6.21 5.73 6.05
Net book value per share (2) 88.0 82.3 79 74.7(*) 75.1
Net dividen per share 3.67(6) 2.66(4) 0.0(3) 3.02 3.02
Pay-out ration (in %) (7) 50.00(6) 50.00(5) 0.0(3) 52.72 50
  • SHARE PRICE
High (8) 62.55 54.22 53.81 68.66 68.89
Low (8) 39.71 24.51 38.14 38.18 54.68
Year-end 60.77 43.105 52.83 39.48 62.25
CAC 40 Index on 31st December 7 153 5 551.41 5 978.06 4 730.69 5 312.56

 

(1)   Based on the average number of shares outstanding during the fiscal 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 approval by 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)    Subject to approval at the Annual General Meeting of 17 May 2022, and not taking into account the EUR 900 million share buyback programme, executed between 1 November 2021 and 6 December 2021.
(7)    Dividend distribution recommended at the Annual General Meeting expressed as a percentage of net income attributable to shareholders
(8)   Recorded during the meeting.
(*)   Impact of the first application of IFRS 9 on shareholders’ equity at 1 January 2018: - EUR 2.5 billion, i.e. EUR 2 per share.