French lender BNP Paribas (BNP.L,BNPQY.PK) reported a significant fall in first-quarter net income attributable to equity holders to 1.58 billion euros, from last year's 2.87 billion euros, with pre-tax income dropping year-over-year to 2.615 billion euros, from 3.94 billion euros.
Exceptional items did not have an impact on the recent quarter's netincome, but their impact in the previous year, after factoring in taxes and minority interests, was +829 million euros, the company said in a statement.
Quarterly Group revenues totaled 10.05 billion euros, up 1.7% compared with the prior-year figure of 9.89 billion euros. According to BNP Paribas, this quarter included the positive impact of two exceptional items for a net total of 149 million euros: -215 million euros in own credit adjustment and +364 million euros as a result of the first-time adoption of Debit Value Adjustment under IFRS 13.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.