BNP Paribas SA (BNPQY)
| Previous close | 35.01 |
| Open | 34.95 |
| Bid | 35.13 x 40000 |
| Ask | 35.16 x 40000 |
| Day's range | 34.95 - 35.21 |
| 52-week range | 28.24 - 39.32 |
| Volume | |
| Avg. volume | 273,796 |
| Market cap | 79.545B |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | 7.91 |
| EPS (TTM) | 4.45 |
| Earnings date | 24 Jul 2024 |
| Forward dividend & yield | 2.49 (7.10%) |
| Ex-dividend date | 17 May 2024 |
| 1y target est | 48.57 |
ReutersAnalysis-BNP Paribas aims at 'usual suspect' status in hard-to-crack UK market
When acquisitive Czech billionaire Daniel Kretinsky set his eyes earlier this year on one of Britain's most iconic companies, the Royal Mail, he chose BNP Paribas along with two Wall Street giants to advise him. The 3.57 billion pound ($4.63 billion) takeover of Royal Mail's owner still needs UK government approval, but the mandate shows the French bank's ambition to become a player in the fiercely competitive City market dominated by local and U.S. "bulge bracket" investment banks. To accomplish that, the eurozone's biggest bank by assets has been beefing up its M&A teams and expanding the ranks of its corporate broking clients.
ReutersGoogle's Vertex AI to use Mistral AI's Codestral
Google Cloud will use Mistral AI's Codestral artificial intelligence model for Google's Vertex AI service, Google Cloud said on Wednesday. WHY IT'S IMPORTANT: The partnership highlights the rapid growth and popularity of Mistral AI, which many analysts view as the European alternative to the Microsoft-backed OpenAI. Google, meanwhile, is building its own generative AI product Vertex AI.
ReutersEuro zone banks see investment banking boost but outlook stalls shares
PARIS/FRANKFURT/MILAN (Reuters) -The euro zone's biggest banks largely beat second quarter earnings expectations on Wednesday, benefiting from still-high interest rates and bumper investment banking business, although concerns about a tougher outlook held back their shares. European banking shares, pinned lower for a decade by poor profitability when central bank interest rates were stuck at zero, have risen 20% since January and trade near nine-year highs. On Wednesday, the STOXX Europe 600 Banks index was down 0.5% by 1510 GMT after a raft of bank earnings fed into analyst and investor concerns about the sustainability of the sector's profit growth.
