BNP Paribas (OTCMKTS:BNPQY) Releases Earnings Results, Beats Estimates By $0.12 EPS

BNP Paribas (OTCMKTS:BNPQY) released its quarterly earnings data on Thursday. The financial services provider reported $1.46 EPS for the quarter, topping the consensus estimate of $1.34 by $0.12, Zacks reports. BNP Paribas had a return on equity of 8.56% and a net margin of 22.74%.

BNP Paribas Stock Up 1.2%

Shares of OTCMKTS BNPQY traded up $0.65 during mid-day trading on Thursday, hitting $54.32. 309,033 shares of the stock traded hands, compared to its average volume of 441,416. The company has a market cap of $119.68 billion, a price-to-earnings ratio of 9.79, a PEG ratio of 0.78 and a beta of 0.72. The stock has a fifty day moving average price of $48.42 and a 200-day moving average price of $45.50. BNP Paribas has a 52 week low of $34.77 and a 52 week high of $54.97. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.80 and a current ratio of 0.80.

Analyst Ratings Changes

BNPQY has been the subject of several recent research reports. Barclays downgraded BNP Paribas from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, October 22nd. Keefe, Bruyette & Woods raised shares of BNP Paribas from a “moderate sell” rating to a “hold” rating in a research report on Monday, December 15th. Royal Bank Of Canada restated an “outperform” rating on shares of BNP Paribas in a research report on Friday, October 10th. DZ Bank lowered shares of BNP Paribas from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 29th. Finally, Zacks Research raised BNP Paribas from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 20th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

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.