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10/29/2021, 7:04 AM (Source: TeleTrader)
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BNP Paribas' Q3 revenue up 4.7% to €11.39 billion

BNP Paribas S.A. reported on Friday that its revenue increased 4.7% year-over-year climbing to €11.39 billion in the third quarter of 2021.

Meanwhile, the bank group's net income for this trimester jumped 32.2% when compared to the same period last year to €2.50 billion, while its operating income reached €3.28 billion, for a yearly gain of 31.1%.

BNP Paribas' CEO Jean-Laurent Bonnafé noted of the results: "BNP Paribas’ results are solid and confirm the potential for growth beyond the rebound that has already occurred. On the strength of its distinctive model, BNP Paribas continues to accelerate the development of its activities and to invest at the service of clients and the economy."

Baha Breaking News (BBN) / IB