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BNP Paribas beats third-quarter forecasts and unveils €1.3 billion share buyback

By ChordNews · First written (new coverage , updated )

BNP Paribas beats Q3 profit forecasts, unveils €1.3 billion share buyback
Image: investing.com
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Summary

BNP Paribas beat its third-quarter forecasts, according to two business news sites, and announced a share buyback of €1.3 billion. Investing.com reports that the bank beat its third-quarter profit forecast and unveiled the €1.3 billion buyback. Seeking Alpha reports that third-quarter revenue topped forecasts by €160 million, with ROTE reaching 13.2%, and that the bank confirmed its 2026 and 2028 objectives. Both reports are based on headlines only, so neither gives the profit figure, the forecast values, or the buyback timing.

This continues an earlier story: HSBC's third-quarter pre-tax profit rises 32% as bank announces US$1 billion share buy-back

Timeline

  1. Seeking Alpha

    Source ↗

    Seeking Alpha reports that BNP Paribas's third-quarter revenue topped forecasts by €160 million, with ROTE reaching 13.2%, and that the bank confirmed its 2026 and 2028 objectives.

  2. Investing.com

    Source ↗

    Investing.com reports that BNP Paribas beat its third-quarter profit forecast and unveiled a €1.3 billion share buyback.

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