BNP Paribas SA
BNP Paribas SA News
BNP Paribas SA is a leader in European banking and features among the top 6 strongest banks in the world. Along with Société Générale and Crédit Agricole, it forms one third of France’s Big Three. Having started back in 1848, the company has been around for more than 100 years. However, it was only after the 2000 merger of Banque Nationale de Paris (BNP) and the investment bank Paribas that the BNP Paribas Group was born.
The bank has a presence in North America, Europe, Africa and the Asia Pacific region, offering a wide range of banking services to its clients worldwide.
In April 2019, the ratings agency S&P Global Ratings upgraded BNP Paribas’ long-term international issuer rating from “A” to “A+” with a “stable” outlook.
Then, in June 2019, Fitch Ratings affirmed BNP Paribas’ international long-term issuing rating of “A+”, with a “stable” outlook.
BNP Paribas SA Shares
Following the financial crisis, the company’s stock has been trading in a wide range of prices between €40-60 per share. In 2016, they rose by more than 60%, before falling by the same amount in 2018. This kind of price behaviour means investors can build a trading strategy around this price range.
Revenue of the company
According to its 2018 financial results, the company posted revenue of €73.68 million (up 2%), while its net profit fell by 3% to €7.53 million.