BNP Paribas Posts Reasonable Third-Quarter Results, Analysts Say
Keefe, Bruyette and Woods analysts say stronger revenue more than offset higher costs and credit losses, with little scope for estimate changes.
BNP Paribas's third-quarter results were reasonable and there is little scope for estimate changes, Keefe, Bruyette and Woods analysts write. Stronger revenue for the French bank more than offset higher costs and credit losses, the analysts say. BNP Paribas brought forward 1.3 billion euros of buyb…