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BNP Paribas
(OTC:BNPQY)
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Rating:69Neutral
Price Target:
$57.00
â–¼(-6.47% Downside)
Action:Reiterated
Date:07/24/26
The score is driven by a positive earnings-call outlook (reconfirmed growth and profitability targets, improved efficiency ambition, and strong capital metrics) and supportive technical/valuation signals (uptrend with positive MACD; low P/E and high yield). These are meaningfully offset by weaker fundamental quality signals from the financial statements—particularly highly volatile operating/free cash flow and elevated leverage—reducing confidence in consistency across cycles.
Positive Factors
Diversified financial-services platform
BNP Paribas operates across multiple banking and financial-services businesses, serving retail, corporate, and institutional clients. This breadth diversifies revenue sources across interest income, fees, markets, custody, insurance, and asset management, supporting resilience through different economic cycles.
Negative Factors
Elevated leverage and uneven cash generation
High leverage increases sensitivity to funding conditions and credit losses, while the sharp swings in operating and free cash flow make underlying cash conversion less predictable. Together, these factors can constrain flexibility during downturns or periods of higher financing stress.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified financial-services platform
BNP Paribas operates across multiple banking and financial-services businesses, serving retail, corporate, and institutional clients. This breadth diversifies revenue sources across interest income, fees, markets, custody, insurance, and asset management, supporting resilience through different economic cycles.
Read all positive factors
BNP Paribas (BNPQY) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$114.22B
Dividend Yield6.63%
Average Volume (3M)286.73K
Price to Earnings (P/E)8.0
Beta (1Y)0.75
Revenue Growth15.41%
EPS Growth31.50%
CountryUS
Employees177,990
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)5.79
Shares Outstanding2,209,300,300
10 Day Avg. Volume55,624
30 Day Avg. Volume286,728
Financial Highlights & Ratios
PEG Ratio1.04
Price to Book (P/B)0.72
Price to Sales (P/S)0.76
P/FCF Ratio7.66
Enterprise Value/Market Cap8.17
Enterprise Value/Revenue9.28
Enterprise Value/Gross Profit12.38
Enterprise Value/Ebitda42.73
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)6.75
Revenue Forecast (FY)$63.12B
BNP Paribas Business Overview & Revenue Model
Company Description
BNP Paribas S.A., a prominent financial services institution established in 1822 and based in Paris, France, offers a comprehensive suite of banking and financial solutions across the globe, with a significant presence in Europe, North America, an...
How the Company Makes Money
BNP Paribas primarily makes money by earning net interest income and fee-based revenues across its banking and financial services activities. (1) Net interest income: A core earnings driver is the spread between interest earned on assets (e.g., co...
BNP Paribas Earnings Call Summary
Earnings Call Date:Jul 23, 2026
(Q2-2026)
| % Change Since: |
Next Earnings Date:Oct 28, 2026
Earnings Call Sentiment Positive
The call presented a predominantly positive operational and financial picture: strong top‑line growth (group revenues +12%), improved profitability metrics (operating income +~16%), a meaningful capital uplift (CET1 at 13% and EUR 858m AGI/Ageas capital gain), and upgraded efficiency ambitions. These positives were balanced against near‑term headwinds: sizable restructuring charges tied to AXA IM, volatility in the Corporate Center, used‑car resale pressure at Arval, slower asset management inflows quarter‑to‑quarter, and execution risk on ambitious cost targets. Management has concrete plans to deploy excess capital, improve cost efficiency, and pursue strategic integrations, and it characterized most challenges as manageable and already addressed in provisioning and planning.Positive Updates
Strong Group Revenue Growth
Group revenues up 12% year‑on‑year (10.4% at constant scope and FX) — the highest rate in a decade, driving a nearly 16% increase in operating income.
Negative Updates
Restructuring and Integration Charges
Significant restructuring charges linked to AXA IM integration: EUR 800 million of restructuring costs are expected this year (around half related to AXA IM), contributing volatility to reported costs and the jaws metric.
Read all updates
Q2-2026 Updates
Positive
Negative
Strong Group Revenue Growth
Group revenues up 12% year‑on‑year (10.4% at constant scope and FX) — the highest rate in a decade, driving a nearly 16% increase in operating income.
Read all positive updates
Company Guidance
BNP Paribas reconfirmed its ’26 and ’28 trajectories: management expects double‑digit earnings/EPS CAGR (>10% over 2025–28) with return on tangible equity to exceed 13% in 2028 (15% target by 2030) and cost/income to fall below 56% in 2028 and toward ~50% by 2030 (≈2 percentage points p.a. improvement from 2027). Q2 momentum underpins this — group revenues +12% ( +10.4% at constant scope/exch.), jaws +3.7pp at constant scope (+1.6pp reported), CIB +13% (Global Markets +17%, Equity & Prime +43%), CPBS +5%, CPB +9%, IPS +27% (≈+8% organic) — and cost discipline will be amplified by raising annual efficiency targets from €700m to €1bn (addressable cost base €15bn; ~80% of IT savings identified; ~25% of savings to be delivered in 2027). Prudential guidance: CET1 13% (up 20bps this quarter), LCR 149% (operating around 130–135%), cost of risk <40bps for 2026 (Q2: 39bps with €95m added to S2 provisions), Corporate Center gross operating loss revised to -€1.2bn (vs -€1.4bn) with ~€800m restructuring this year, Athlon to consume ~13bps CET1 in Q3 (offset by BMCI divestment in Q4), interim dividend €3.23 (50% of H1 ’26 EPS) and a minimum 60% payout policy from ’27 (50% dividend + 10% buyback) with the Board to consider annual distributions of excess capital above the 13% CET1 target.BNP Paribas Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
58
Neutral
Cash Flow
44
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 100.51B | 119.13B | 45.74B | 43.03B | 77.63B | 107.81B |
| Gross Profit | 75.39B | 68.80B | 65.87B | 59.73B | 57.48B | 41.63B |
| EBITDA | 21.84B | 23.70B | 23.46B | 18.28B | 19.68B | 13.65B |
| Net Income | 13.53B | 11.74B | 11.69B | 10.97B | 9.85B | 9.49B |
Balance Sheet | ||||||
| Total Assets | 3.08T | 2.79T | 2.70T | 2.59T | 2.67T | 2.63T |
| Cash, Cash Equivalents and Short-Term Investments | 212.91B | 326.96B | 308.05B | 296.61B | 474.92B | 484.27B |
| Total Debt | 855.64B | 822.34B | 727.82B | 673.44B | 293.98B | 718.22B |
| Total Liabilities | 2.96T | 2.66T | 2.57T | 2.46T | 2.55T | 2.52T |
| Stockholders Equity | 131.92B | 125.51B | 128.14B | 123.74B | 121.24B | 117.89B |
Cash Flow | ||||||
| Free Cash Flow | 15.37B | 11.80B | -99.51B | -36.46B | -55.37B | 26.18B |
| Operating Cash Flow | 18.47B | 14.56B | -97.38B | -34.24B | -52.84B | 27.84B |
| Investing Cash Flow | 18.60B | -6.06B | -180.00M | 7.30B | -2.16B | 13.35B |
| Financing Cash Flow | -11.89B | -6.82B | -6.42B | -4.68B | 9.25B | 14.52B |
BNP Paribas Technical Analysis
Negative
60.94
Price Trends
59.12
Negative
56.94
Negative
53.09
Negative
Market Momentum
-1.75
Positive
27.14
Positive
4.45
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BNPQY, the sentiment is Negative. The current price of 60.94 is above the 20-day moving average (MA) of 56.26, above the 50-day MA of 59.12, and above the 200-day MA of 53.09, indicating a bearish trend. The MACD of -1.75 indicates Positive momentum. The RSI at 27.14 is Positive, neither overbought nor oversold. The STOCH value of 4.45 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BNPQY.
BNP Paribas Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
84 Outperform | $97.42B | 16.71 | 15.71% | 0.91% | -1.31% | -1.68% | |
75 Outperform | $115.29B | 14.04 | 13.74% | 5.39% | -4.47% | 4.55% | |
72 Outperform | $69.50B | 6.98 | 16.16% | 5.34% | 6.60% | 29.61% | |
69 Neutral | $114.22B | 7.96 | 11.06% | 6.63% | 15.41% | 31.50% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
66 Neutral | $130.57B | 15.06 | 12.28% | 1.69% | 2.65% | 54.00% | |
62 Neutral | $79.06B | 12.90 | 11.05% | 3.91% | -13.48% | 25.29% |
* Financial Sector Average
BNPQY
BNP Paribas
51.99
9.68
22.87%
HDB
Hdfc Bank
22.11
-12.20
-35.56%
IBN
Icici Bank
27.75
-2.77
-9.08%
LYG
Lloyds Banking
5.46
1.04
23.61%
MFG
Mizuho Financial
11.03
4.55
70.22%
NWG
NatWest Group
17.50
3.55
25.40%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.