Erste Group Bank Lowers Earnings Estimates for BNP Paribas
by Danessa Lincoln · The Markets DailyBNP Paribas SA (OTCMKTS:BNPQY – Free Report) – Erste Group Bank decreased their FY2027 EPS estimates for shares of BNP Paribas in a research note issued to investors on Wednesday, March 4th. Erste Group Bank analyst S. Lingnau now expects that the financial services provider will post earnings per share of $7.58 for the year, down from their previous estimate of $7.66. The consensus estimate for BNP Paribas’ current full-year earnings is $5.02 per share.
BNP Paribas (OTCMKTS:BNPQY – Get Free Report) last announced its quarterly earnings data on Thursday, February 5th. The financial services provider reported $1.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.34 by $0.12. BNP Paribas had a net margin of 23.53% and a return on equity of 9.18%. The business had revenue of $15.27 billion for the quarter, compared to analysts’ expectations of $15.27 billion.
A number of other equities analysts have also recently commented on the company. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of BNP Paribas in a report on Tuesday, February 17th. Royal Bank Of Canada reiterated an “outperform” rating on shares of BNP Paribas in a research report on Friday, February 6th. Keefe, Bruyette & Woods raised shares of BNP Paribas from a “hold” rating to a “moderate buy” rating in a report on Friday. Citigroup restated a “buy” rating on shares of BNP Paribas in a research note on Thursday, January 22nd. Finally, Zacks Research cut shares of BNP Paribas from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 3rd. Three investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold”.
View Our Latest Research Report on BNP Paribas
BNP Paribas Trading Up 0.2%
Shares of BNPQY stock opened at $50.75 on Monday. BNP Paribas has a fifty-two week low of $34.77 and a fifty-two week high of $57.31. The stock’s fifty day moving average price is $52.49 and its two-hundred day moving average price is $46.73. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.80 and a current ratio of 0.80. The company has a market cap of $111.81 billion, a PE ratio of 8.59, a P/E/G ratio of 0.60 and a beta of 0.69.
About BNP Paribas
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.