Economy

BNP Paribas Reports a Strong 12.5% Revenue Growth to €5.28B in Q1 2025 Amid Economic Uncertainties

BNP Paribas Q1 Financial Highlights

BNP Paribas has announced a significant 12.5% increase in its first-quarter revenue for the fiscal year 2025, reaching an impressive €5.28 billion. Despite this growth, the bank experienced a 4.9% decline in net income, which stood at €2.95 billion, compared to the same period in 2024.

Earnings and Strategic Developments

The bank's net earnings per share (EPS) saw a slight decrease of 2.8% year-on-year, totaling €2.44. On a brighter note, operating income rose by 10.1% to €2.26 billion, and net banking income (NBI) increased by 3.8% to €12.9 billion.

Leadership's Perspective on Future Growth

Jean-Laurent Bonnafe, Chief Executive Officer of BNP Paribas, expressed confidence in the bank's trajectory, stating, "We confirm our 2024-2026 trajectory, driven by the strength of our diversified model and our resilience in the face of economic cycles." He highlighted Europe's reinvestment efforts, including a new investment plan in Germany and the European Commission’s strategy for the Savings and Investments Union (SIU), as pivotal moments in March 2025.