BNP Paribas (OTCMKTS:BNPQY) Posts Earnings Results, Beats Estimates By $0.24 EPS

BNP Paribas (OTCMKTS:BNPQYGet Free Report) announced its quarterly earnings results on Thursday. The financial services provider reported $2.16 earnings per share for the quarter, topping analysts’ consensus estimates of $1.92 by $0.24, Zacks reports. BNP Paribas had a net margin of 23.86% and a return on equity of 9.63%.

BNP Paribas Stock Performance

BNP Paribas stock traded down $2.08 during mid-day trading on Thursday, reaching $58.90. The company’s stock had a trading volume of 32,084 shares, compared to its average volume of 439,245. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 1.24. BNP Paribas has a twelve month low of $37.50 and a twelve month high of $61.18. The business has a 50 day moving average price of $55.95 and a 200-day moving average price of $53.42. The firm has a market cap of $129.77 billion, a price-to-earnings ratio of 9.45, a PEG ratio of 0.60 and a beta of 0.77.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on BNPQY shares. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of BNP Paribas in a research report on Wednesday, July 15th. Citigroup restated a “buy” rating on shares of BNP Paribas in a report on Monday. Three investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold”.

Check Out Our Latest Analysis on BNP Paribas

About BNP Paribas

(Get Free Report)

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.

Featured Articles

Earnings History for BNP Paribas (OTCMKTS:BNPQY)

Receive News & Ratings for BNP Paribas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BNP Paribas and related companies with MarketBeat.com's FREE daily email newsletter.