BNP Paribas Outpaces Peers -- Market Talk

Dow Jones

05/26

0830 GMT - BNP Paribas stood out from peers at the start of the year though some headwinds could wait ahead, Deutsche Bank's Sharath Kumar tells clients in a note. The French lender booked a 9% rise in net profit for the first three months of the year, beating analysts' expectations and, Kumar says, outshining peers like Societe Generale and Credit Agricole. Higher capital requirements from next year are a headwind, but should be at least in part mitigated by other factors, he says. Deutsche lifts its target price on BNP shares to 98 euros from 96 euros, keeping a hold rating. (joshua.kirby@wsj.com; @joshualeokirby)

(END) Dow Jones Newswires

May 26, 2026 04:31 ET (08:31 GMT)

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