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BNP Paribas Reports Q3 Profit Above Forecast, Announces €1.3 Billion Buyback

BNP Paribas reported third-quarter profit above forecasts and announced a €1.3 billion share buyback.

BNP

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05:45:10 AM UTC
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BNP - TO LAUNCH A €1.3 BLN SHARE BUY-BACK IN NOVEMBER 2026
05:46:42 AM UTC
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BNP Paribas 3Q Net Pft EUR3.46B
05:46:45 AM UTC
SquawkNews
BNP Paribas 3Q Oper Pft EUR4.76B
05:46:53 AM UTC
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By Michael HennesseyBNP Paribas reported an increase in earnings for the third quarter, boosted by a strong performance for its equities and prime brokerage arm.The French bank said Wednesday that net profit climbed to 3.46 billion euros ($3.85 billion) for the third quarter, up from 3.04 billion e…
05:57:19 AM UTC
SquawkNews
BNP Paribas will start a share repurchase of up to €1.3B on Nov. 2, 2026, under an irrevocable instruction to an independent provider. All shares bought will be cancelled.Material DetailsContext by AI AnalystThis is a continuation of European banks returning capital as balance sheets normalize, rei…

By Mateusz RabiegaBNP Paribas EURONEXT:BNP posted a forecast-beating rise in third-quarter profit on Wednesday, aided by its investment bankers, as the lender announced a €1.3 billion ($1.45 billion) share buyback and played down the impact of soaring government bond yields.France's BNP said quarte…