BNP Paribas: Q1 earnings down 17.3%
(CercleFinance.com) - BNP Paribas has published Q1 net income, group share that is down 17.
3% at 1,567 million euros, with EBITDA that is down 20.1% at 2,538 million euros (-7.3% for operating divisions).
Net banking income fell by 4.4% to 10,798 million euros, including a 1.4% fall at operating divisions, with a 0.4% increase in domestic markets, 3.8% growth in international financial services and a 9.8% fall at its CIB division.
As of 31 March 2018, the group's Basel 3 full common equity Tier 1 ratio reached 11.6%, which takes into account the full transition to IFRS 9. The Basel 3 full gearing ratio reaches 4.1%, while its liquidity ratio is 120%.
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3% at 1,567 million euros, with EBITDA that is down 20.1% at 2,538 million euros (-7.3% for operating divisions).
Net banking income fell by 4.4% to 10,798 million euros, including a 1.4% fall at operating divisions, with a 0.4% increase in domestic markets, 3.8% growth in international financial services and a 9.8% fall at its CIB division.
As of 31 March 2018, the group's Basel 3 full common equity Tier 1 ratio reached 11.6%, which takes into account the full transition to IFRS 9. The Basel 3 full gearing ratio reaches 4.1%, while its liquidity ratio is 120%.
Copyright (c) 2018 CercleFinance.com. All rights reserved.