BNP Paribas's Results Look Mixed -- Market Talk

Dow Jones

2025/04/24

0741 GMT - BNP Paribas delivered a mixed set of first-quarter results and its outlook seems uncertain, RBC Capital Markets' Anke Reingen and Matthew Russell say in a research note. The French bank posted mixed divisional trends, the analysts say. The group's corporate and institutional banking arm did better than expected, but other parts of the business either in line with forecasts or worse, they add. "BNP reiterated it is on track to deliver its targeted 2024-26 growth trajectory but the outlook is uncertain in our view," Reingen and Russell say. Shares fall 2.8%. (adria.calatayud@wsj.com)

(END) Dow Jones Newswires

April 24, 2025 03:41 ET (07:41 GMT)

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