logo
  

BNP Paribas Q4 Profit Down 13.9% - Quick Facts

French lender BNP Paribas (BNPQY.PK,BNP.L) reported that its fourth-quarter net income attributable to equity holders declined 13.9% to 1.59 billion euros, from the prior year. Net income, excluding exceptional items, was down 31.8%.

Pre-tax income was 2.23 billion euros, down 11.8% from the previous year.

Operating income decreased 28.6% year-over-year to 1.67 billion euros.

Quarterly revenues were 10.83 billion euros down 4.5% from last year.

The company said its board will propose to the shareholders' annual general meeting to pay out a dividend of 1.11 euros per share in May 2021 in cash, equivalent to 21% of 2020 net income, maximum amount based on the European Central Bank recommendation of 15 December 2020.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
MTD Products Inc. is recalling 1,774 units of walk-behind self-propelled lawn mowers for potential risk of fire hazard, a statement by the U.S. Consumer Product Safety Commission (CPSC) showed. The company said the lawn mower can leak fuel when it is stored in the upright (vertical) storage position to pose a fire hazard. Nike Inc. announced its plans to exit the Russian market completely following Russia's ongoing war against Ukraine, reports said. The sportswear major, with more than 100 stores in the country, had suspended operations there in March. Earlier in March, while suspending operations temporarily, the company had said its customers that it couldn't guarantee product shipments. The U.S. Food and Drug Administration unveiled its action plan to advance drug development for rare neurodegenerative diseases, including Amyotrophic Lateral Sclerosis or ALS, in five years. The FDA plans specific actions such as regulatory science initiatives, enhancements to existing programs and new policy initiatives for the purpose. It will use public-private partnerships...
RELATED NEWS
Follow RTT