Erste Group Bank Expects Increased Earnings for BNP Paribas

BNP Paribas SA (OTCMKTS:BNPQY) – Analysts at Erste Group Bank boosted their FY2027 earnings per share estimates for shares of BNP Paribas in a research report issued to clients and investors on Wednesday, August 5th. Erste Group Bank analyst S. Lingnau now forecasts that the financial services provider will post earnings per share of $7.60 for the year, up from their previous estimate of $7.44. The consensus estimate for BNP Paribas’ current full-year earnings is $6.70 per share.

BNP Paribas (OTCMKTS:BNPQY) last posted its earnings results on Thursday, July 23rd. The financial services provider reported $2.16 earnings per share for the quarter, topping the consensus estimate of $1.92 by $0.24. BNP Paribas had a return on equity of 10.32% and a net margin of 25.22%.The firm had revenue of $16.38 billion for the quarter, compared to analyst estimates of $15.44 billion.

Several other analysts also recently commented on BNPQY. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of BNP Paribas in a report on Wednesday, July 15th. Kepler Capital Markets raised shares of BNP Paribas from a “strong sell” rating to a “hold” rating in a research report on Monday, July 27th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of BNP Paribas in a research report on Monday, July 27th. Citigroup reiterated a “buy” rating on shares of BNP Paribas in a report on Monday, July 20th. Finally, DZ Bank upgraded BNP Paribas from a “hold” rating to a “strong-buy” rating in a report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

BNP Paribas Trading Down 1.0%

OTCMKTS BNPQY opened at $64.33 on Monday. BNP Paribas has a one year low of $37.50 and a one year high of $65.50. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.76 and a quick ratio of 0.76. The firm has a market cap of $141.73 billion, a P/E ratio of 9.53, a P/E/G ratio of 0.64 and a beta of 0.77. The stock’s 50-day moving average is $58.83 and its 200-day moving average is $54.74.

BNP Paribas Company Profile

BNP Paribas is a major international banking group headquartered in Paris, France, formed through the 2000 merger of Banque Nationale de Paris (BNP) and Paribas. The group provides a broad range of banking and financial services to retail, corporate and institutional clients, operating as one of the leading universal banks in Europe with a global footprint.

Its principal business activities encompass retail banking and services, corporate and institutional banking, and investment solutions.