Results and publications

View the latest publications of BNP Paribas Group’s results : press releases, quarterly series, financial statements, etc.
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  • Group of documents (8 documents)
    Results
    2024-07-24

    Results as at 30 June 2024

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  • Group of documents (6 documents)
    Results
    2024-04-25

    Results as at 31 March 2024

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  • Group of documents (7 documents)
    Results
    2024-02-01

    Results as at 31 December 2023

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Results as at 30 June 2024

A VERY SOLID FINANCIAL STRUCTURE AS OF 30 JUNE 2024 AND 2024 TRAJECTORY CONFIRMED
On the strength of its first half 2024 performances, BNP Paribas confirms its 2024 trajectory: revenue growth greater than 2% compared to 2023 distribuable(1) revenues (€46.9bn), a positive jaws effect(2), a cost of risk below 40 bps, and Net Income, Group share greater than the 2023 distributable net income (€11.2bn).
With the second half of the year already under way, BNP Paribas benefits from key strengths in continuing its trajectory. These include its diversified and integrated model limiting its dependence on any one business or geographical region, and more broadly its scaled up positioning, its ability to grow through the cycle, and the quality of its relationships and its customer portfolio. Furthermore, its model is suited to a scenario of gradual decline in interest rates, while feegenerating activities continue to develop.

On the strength of its diversified and integrated model, the Group performed very well in the 2nd quarter 2024 thanks to the business momentum of its operating divisions.

Jean-Laurent Bonnafé, BNP PARIBAS CEO

                                               consult the press release  

The latest figures (2Q24)

  • REVENUES
    €12,270 m
  • GOI
    €5.094 m
  • COST OF RISK (3)
    33 bps
  • NET INCOME, GROUP SHARE
    €3,395 m
  • EPS (4)
    €2.81
  • CET1
    13,0 %

The results in a few words

  • Revenues (€12,270m) up by +3.9% vs. 2Q23(1)
    • Excellent quarter at CIB (+12.1% vs. 2Q23(1)) in particular at Global Markets (+17.6% vs. 2Q23(1))
    • Stable revenues at CPBS, with positive trends at Commercial & Personal Banking (fees: +7.4% vs. 2Q23(1)) and headwinds that will fade in the second half 2024
    • Good performance at IPS, particularly at Insurance (+5.2% vs. 2Q23(1)) and Asset Management(5) (+9.8% vs. 2Q23(1)) 
  • Operating efficiency and cost control (€7,176m)
  • Gross operating income (€5,094m) up by +3.4% vs. 2Q23(1)
  • Cost of risk(3) below 40 bps (33 bps), thanks to the quality of the asset portfolio, despite a specific credit situation this quarter
  • Net Income, group share (€3,395m) up by +1.6% vs. 2Q23(1), driven by very good operating performances 
  • Earnings per share(4) (€2.81) up sharply by +8.1% vs. 2Q23(1)
  • A very solid financial structure (CET1 ratio of 13.0%)

______________________________
(1) 2023 distributable income based on the restatement of quarterly series released on 29 February 2024. Results serving as a basis for calculating the 2023 distribution reflecting the Group’s intrinsic performance post impact of the Bank of the West divestment and post contribution to the build-up of the Single Resolution Unique (SRF) excluding extraordinary items.
(2) Increase in Group revenues between 2023 (distributable) and 2024 minus the increase in Group operating expenses between 2023 (distributable) and 2024.
(3) Cost of risk does not include “Other net losses for risk on financial instruments”.
(4) Earnings per share at end of period calculated on the basis of 2Q24 Net Income adjusted for the remuneration of undated super subordinated notes and the average number of shares outstanding during the period.
(5) Excluding Real Estate and Principal Investments.

Previous results

Results for the year:
for
  • Results Regulated information Press release 1st quarter
    2024-04-25

    1Q24 - Press release results

    pdf, EN, 2 mo
    View
  • Results Regulated information 1st quarter
    2024-04-25

    1Q24 - Appendices of the presentation

    pdf, EN, 6 mo
    View
  • Results Regulated information 1st quarter
    2024-04-25

    1Q24 - Slides of the presentation

    pdf, EN, 5 mo
    View
  • Results Regulated information 1st quarter
    2024-04-25

    1Q24 - Quarterly series

    xlsx, EN, 4 mo
    View
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BNP Paribas key figures

 

  2023 2022 2021 2020 2019
Total assets 2 591 499 2 666 376 2 634 444 2 488 491 2 164 713
Customer deposits 988 549 1 008 054 957 684 940 991 834 667
Customer loans gross 859 200 857 020 814 000 809 533 805 777
Common stockholders' equity 123 742 121 792 117 886 112 799 107 453
CET1 ratio 13.2% 12.3% 12.9% 12.8% 12.1%
Tier 1 capital ratio 15.3% 13.9% 14.0% 14.2% 13.5%
Total capital ratio 17.3% 16.2% 16.4% 16.4% 15.5%
  2023 2022 2021 2020 2019
Revenues 45 874 50 419 46 235 44 275 44 597
Gross operating income 14 918 16 717 15 124 14 081 13 260
Operating income 11 236 13 752 12 199 8 364 10 057
Pre-tax income 11 725 14 450 13 637 9 822 11 394
Net income Group share 10 975 10 196 9 488 7 067 8 173
  2023 2022 2021 2020 2019
Earnings per share (1) 9.21 7.80 7.26 5.31 6.21
Net book value per share (2) 96.0 89.0 88.0 82.3 79
Net dividen per share 4.60(8) 3.90(7) 3.67(6) 2.66(4) 0.0(3)
Pay-out ration (in %) (9) 50.00(8) 50.00(7) 50.00(6) 50.00(5) 0.0(3)
  • SHARE PRICE
High (10) 67.02 68.07 62.55 54.22 53.81
Low (10) 47.02 40.67 39.71 24.51 38.14
Year-end 62.59 53.25 60.77 43.105 52.83
CAC 40 Index on 31st December 7 543.18 6 473.76 7 153.03 5 551.41 5 978.06

 

(1) Based on the average number of shares outstanding during the year. Calculated in 2023 on the basis of the distributable 2023 earnings and the number of shares outstanding at year-end.
(2) Before distribution. Revalued net book value based on the number of shares outstanding at year-end 2023, net earnings per share calculated on a 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) UR 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 1 November 2021 and 6 December 2021. 
executed between 1st November 2021 and 6 December 2021.
(7) Taking into account only the distribution of the 2022 dividend and not taking into account the EUR 962 million share buyback programme in respect of the so-called “ordinary” distribution.
(8) Subject to approval by the Annual General Meeting of 14 May 2024 and not taking into account the EUR 1.05 billion share buyback programme planned for 2024.
(9) Cash dividend distribution recommended at the Annual General Meeting expressed as a percentage of distributable net income attributable to shareholders.
(10) Recorded intra-day during trading session.