Erste Group Bank Expects Stronger Earnings for BNP Paribas

BNP Paribas SA (OTCMKTS:BNPQY) – Equities research analysts at Erste Group Bank increased their FY2027 EPS estimates for shares of BNP Paribas in a research note issued on Tuesday, May 12th. Erste Group Bank analyst S. Lingnau now forecasts that the financial services provider will post earnings per share of $7.64 for the year, up from their prior forecast of $7.56. The consensus estimate for BNP Paribas’ current full-year earnings is $6.70 per share.

BNP Paribas (OTCMKTS:BNPQY) last issued its quarterly earnings data on Thursday, April 30th. The financial services provider reported $1.60 earnings per share for the quarter, beating the consensus estimate of $1.47 by $0.13. BNP Paribas had a net margin of 23.86% and a return on equity of 9.61%. The firm had revenue of $86.05 billion for the quarter, compared to the consensus estimate of $15.85 billion.

Several other analysts have also recently commented on the company. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of BNP Paribas in a research report on Tuesday, February 17th. Royal Bank Of Canada reissued an “outperform” rating on shares of BNP Paribas in a research note on Friday, February 6th. Zacks Research lowered BNP Paribas from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 3rd. Citigroup reaffirmed a “buy” rating on shares of BNP Paribas in a report on Thursday, April 23rd. Finally, Keefe, Bruyette & Woods raised shares of BNP Paribas from a “hold” rating to a “moderate buy” rating in a research note on Friday, March 6th. Three research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, BNP Paribas presently has a consensus rating of “Hold”.

BNP Paribas Stock Performance

BNPQY opened at $51.74 on Tuesday. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 1.75. The business’s 50 day moving average is $51.27 and its 200-day moving average is $49.01. The stock has a market cap of $113.99 billion, a PE ratio of 8.30, a price-to-earnings-growth ratio of 0.64 and a beta of 0.77. BNP Paribas has a twelve month low of $37.50 and a twelve month high of $57.31.

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.