BNP Paribas net profit rises 9% to €3.22 billion in first quarter

11 articles · Updated · MarketWatch · Apr 30

Revenue reached €14.06 billion, exceeding forecasts, with insurance and asset management income up nearly one-third after integrating AXA Investment Managers.
Retail and consumer divisions showed strong momentum, while corporate and institutional banking remained stable and global markets improved slightly despite geopolitical uncertainty.
Operating expenses increased 5.5% due to restructuring charges, and the common equity tier 1 ratio rose to 12.8%. The bank reaffirmed its outlook through 2028, citing ongoing strategic initiatives.

Is the AXA IM acquisition a one-off profit boost or a sustainable new growth engine for the bank?

BNP Paribas is posting record profits, so why is it launching a 600 million euro cost-cutting plan?

Can BNP Paribas's retail arm defy Europe's credit crunch to sustain its record growth?

Beyond record profits, what risks do the bank's high-risk funding and bad loan ratio hide from investors?

Both BNP Paribas and Deutsche Bank thrived in Q1. Who is better positioned to navigate the looming geopolitical storm?