Cash flow BNP Paribas

Equities

BNP

FR0000131104

Banks

Real-time Euronext Paris Other stock markets 07:16:32 2024-09-12 EDT			5-day change	1st Jan Change
63.60 ^EUR	+1.58%		-0.03%	+1.60%

01:06pm	Germany's Springer Nature Plans EUR200 Million Frankfurt IPO	MT
12:38pm	Receiving swaps to get more profitable than adding bonds in India, BNP Paribas exec says	RE

9.oO9WNu58zaKjWKpbv2DA7BUMVtgm-v66CGsZfXLjkJQ.jbAFWqs74I_QEf0s9y2W2HxnZLNBqqjCYzpBEiu3oduUmRhhoASY-OsU2Q

Published financial data: BNP PARIBAS

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Interest Income On Loans	37.33B	33.59B	29.52B	41.08B	79.54B
Interest Income, Total	37.33B	33.59B	29.52B	41.08B	79.54B
Interest On Deposits	16.2B	12.28B	10.28B	20.25B	60.48B
Interest Expense, Total	16.2B	12.28B	10.28B	20.25B	60.48B
Net Interest Income	21.13B	21.31B	19.24B	20.83B	19.06B
Gain (Loss) on Sale of Assets	1.57B	1.03B	834M	-253M	-104M
Gain (Loss) on Sale of Invest. & Securities - (Rev)	466M	280M	501M	-827M	-511M
Income (Loss) on Equity Invest. (Income Block)	5M	-5M	1M	-4M	-6M
Total Other Non Interest Income	23B	22.69B	24.02B	27.63B	27.29B
Non Interest Income, Total	25.04B	23.99B	25.36B	26.55B	26.67B
Revenues Before Provison For Loan Losses	46.17B	45.3B	44.6B	47.38B	45.73B
Provision For Loan Losses	3.2B	5.72B	2.97B	2.8B	2.7B
Total Revenues	42.96B	39.59B	41.62B	44.58B	43.03B
Salaries And Other Employee Benefits	16.56B	16.09B	15.29B	16.61B	-
Occupancy Expense	2.42B	2.44B	2.34B	2.38B	2.24B
Selling General & Admin Expenses, Total	456M	338M	597M	498M	589M
(Income) Loss on Equity Invest.	-586M	-423M	-494M	-699M	-593M
Total Other Non Interest Expense	11.88B	11.33B	11.24B	12.19B	28.98B
Non Interest Expense, Total	30.72B	29.77B	28.97B	30.98B	31.22B
EBT, Excl. Unusual Items	12.24B	9.82B	12.65B	13.6B	11.8B
Impairment of Goodwill	-818M	5M	91M	249M	-
Asset Writedown	-30M	-	-	-18M	-
Legal Settlements	-	-	-	-	125M
Other Unusual Items	-	-	-	-204M	-204M
EBT, Incl. Unusual Items	11.39B	9.82B	12.74B	13.63B	11.72B
Income Tax Expense	2.81B	2.41B	3.58B	3.72B	3.27B
Earnings From Continuing Operations	8.58B	7.42B	9.16B	9.91B	8.46B
Earnings Of Discontinued Operations	-	-	720M	686M	2.95B
Net Income to Company	8.58B	7.42B	9.88B	10.6B	11.41B
Minority Interest	-410M	-348M	-392M	-401M	-431M
Net Income - (IS)	8.17B	7.07B	9.49B	10.2B	10.98B
Preferred Dividend and Other Adjustments	428M	441M	436M	575M	677M
Net Income to Common Incl Extra Items	7.74B	6.63B	9.05B	9.62B	10.3B
Net Income to Common Excl. Extra Items	7.74B	6.63B	8.33B	8.94B	7.35B
Per Share Items
Net EPS - Basic	6.21	5.31	7.26	7.8	8.58
Basic EPS - Continuing Operations	6.21	5.31	6.68	7.25	6.12
Basic Weighted Average Shares Outstanding	1.25B	1.25B	1.25B	1.23B	1.2B
Net EPS - Diluted	6.21	5.31	7.26	7.8	8.58
Diluted EPS - Continuing Operations	6.21	5.31	6.68	7.24	6.12
Diluted Weighted Average Shares Outstanding	1.25B	1.25B	1.25B	1.23B	1.2B
Normalized Basic EPS	5.8	4.64	6.03	6.57	5.79
Normalized Diluted EPS	5.8	4.64	6.03	6.57	5.79
Dividend Per Share	-	2.66	3.67	3.9	4.6
Payout Ratio	46.15	6.03	4.34	48.07	49.18
American Depositary Receipts Ratio (ADR)	0.5	0.5	0.5	0.5	0.5
Supplemental Items
Effective Tax Rate - (Ratio)	24.67	24.51	28.12	27.27	27.86
Total Current Taxes	2.62B	2.39B	2.81B	2.84B	3.06B
Total Deferred Taxes	196M	16M	778M	872M	203M
Normalized Net Income	7.24B	5.79B	7.52B	8.1B	6.95B
Non-Cash Pension Expense	5M	-48M	6M	7M	-25M
Supplemental Operating Expense Items
Stock-Based Comp., SG&A Exp. (Total)	456M	338M	597M	498M	589M
Total Stock-Based Compensation	456M	338M	597M	498M	589M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	164B	317B	358B	330B	297B
Investment Securities, Total	616B	686B	678B	582B	497B
Trading Asset Securities, Total	394B	465B	443B	515B	683B
Total investments	1,010B	1,151B	1,121B	1,097B	1,180B
Gross Loans	841B	843B	848B	897B	897B
Allowance For Loan Losses	-21.28B	-21.55B	-20.03B	-17.3B	-17.61B
Other Adjustments to Gross Loans	-2.32B	-2.68B	-2.8B	-3.03B	-4.72B
Net Loans	817B	819B	825B	877B	875B
Gross Property Plant And Equipment	51.56B	53.26B	55.02B	59.82B	66.38B
Accumulated Depreciation	-19.87B	-20.37B	-20.51B	-21.88B	-21.65B
Net Property Plant And Equipment	31.68B	32.9B	34.51B	37.94B	44.74B
Goodwill	7.82B	7.49B	5.12B	5.29B	5.55B
Other Intangibles, Total	3.85B	3.9B	3.66B	3.79B	4.14B
Investment in Real Estate	7.17B	7.19B	7.8B	7.79B	7.98B
Accrued Interest Receivable	6.16B	3.98B	4.62B	7.03B	5.4B
Other Receivables	33.46B	35.06B	39.98B	48.27B	48.34B
Other Current Assets, Total	75.48B	103B	227B	242B	119B
Deferred Tax Assets Long-Term (Collected)	4.96B	4.54B	4B	4.21B	3.61B
Other Long-Term Assets, Total	3.14B	3.46B	2.81B	5.44B	1.43B
Total Assets	2,165B	2,488B	2,634B	2,666B	2,591B
Liabilities
Accrued Expenses, Total	8.03B	6.7B	7.74B	10.87B	8.26B
Interest Bearing Deposits	320B	328B	324B	419B	450B
Non-Interest Bearing Deposits	526B	622B	644B	605B	553B
Total Deposits	846B	951B	967B	1,023B	1,002B
Short-Term Borrowings	326B	361B	307B	388B	411B
Current Portion of Long-Term Debt	-	-	-	-	-
Long-Term Debt	252B	319B	347B	297B	281B
Long-Term Leases	3.3B	3.6B	3.25B	3.08B	3.06B
Current Income Taxes Payable	2.1B	1.67B	1.79B	2.04B	2.72B
Other Current Liabilities - (Bank / Utility Template)	281B	384B	481B	411B	380B
Pension & Other Post Retirement Benefits	4.29B	4.19B	3.84B	3.24B	3.28B
Deferred Tax Liability Non-Current	1.46B	1.33B	1.32B	1.01B	1.1B
Other Non Current Liabilities	329B	339B	392B	400B	370B
Total Liabilities	2,053B	2,371B	2,512B	2,540B	2,463B
Common Stock, Total	2.5B	2.5B	2.5B	2.5B	2.29B
Additional Paid In Capital	24.57B	24.55B	23.85B	23.69B	18.91B
Retained Earnings	69.55B	76.29B	82.11B	87.36B	92.11B
Comprehensive Income and Other	10.83B	9.45B	9.43B	8.25B	10.43B
Total Common Equity	107B	113B	118B	122B	124B
Minority Interest	4.39B	4.55B	4.62B	4.76B	5.12B
Total Equity	112B	117B	123B	127B	129B
Total Liabilities And Equity	2,165B	2,488B	2,634B	2,666B	2,591B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.25B	1.25B	1.23B	1.23B	1.15B
ECS Total Common Shares Outstanding	1.25B	1.25B	1.23B	1.23B	1.15B
Book Value / Share	86.03	82.34	88.1	89.17	96.18
Tangible Book Value	95.78B	101B	109B	113B	114B
Tangible Book Value Per Share	76.68	73.22	80.98	81.81	87.73
Tangible Book Value Per Share (As Reported)	69.7	73.2	78.7	79.3	87.6
Total Debt	581B	684B	657B	688B	695B
Deposits at Interest - Cash	152M	89M	14.71B	2.78B	92M
Debt Equivalent of Unfunded Proj. Benefit Obligation	527M	508M	46M	-187M	-10M
Net Debt	-171B	-339B	-385B	-339B	-501B
Equity Method Investments, Total	6.31B	6.75B	6.88B	6.6B	6.84B
Full Time Employees	199K	193K	190K	190K	183K
Assets on Operating Lease - Gross	28.12B	30.44B	33.89B	38.82B	45.72B
Assets on Operating Lease - Accumulated Depreciation	-7.55B	-8.2B	-9.28B	-10.66B	-10.57B

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	8.17B	7.07B	9.49B	10.2B	10.98B
Depreciation, Depletion & Amortization	6.11B	6.32B	6.78B	6.52B	6.24B
Total Depreciation, Depletion & Amortization	6.11B	6.32B	6.78B	6.52B	6.24B
Total Asset Writedown	796M	24M	22M	91M	-32M
(Income) Loss On Equity Investments - (CF)	-586M	-423M	-494M	-699M	-593M
Change In Income Taxes	-1.93B	-2.59B	-2.36B	-2B	-3.36B
Change in Other Net Operating Assets (Collected)	-73.71B	126B	4.76B	-86.71B	-54.76B
Other Operating Activities	10.32B	2.57B	23.28B	18.95B	3.62B
Net Cash From Discontinued Operations	-	-	893M	823M	3.66B
Cash from Operations	-50.84B	139B	42.38B	-52.84B	-34.24B
Capital Expenditure	-2B	-773M	-1.66B	-2.53B	-2.22B
Cash Acquisitions	-	-	-	-	-
Divestitures	1.68B	-	-	366M	9.52B
Investment in Marketable and Equity Securities, Total	-	-78M	482M	-	-
Cash from Investing	-323M	-851M	-1.18B	-2.16B	7.3B
Issuance of Common Stock	1.6B	1.62B	1.24B	5.02B	1.67B
Repurchase of Common Stock	-1.08B	-340M	-2.69B	-2.86B	-5.22B
Common Dividends Paid	-3.77B	-	-	-4.53B	-4.74B
Preferred Dividends Paid	-	-426M	-412M	-374M	-654M
Common & Preferred Stock Dividends Paid	-3.77B	-426M	-412M	-4.9B	-5.4B
Other Financing Activities, Total	23.4B	17.68B	16.38B	11.99B	4.28B
Cash from Financing	20.14B	18.52B	14.52B	9.25B	-4.68B
Foreign Exchange Rate Adjustments	714M	-2.61B	107M	1.03B	-3.51B
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	-30.3B	154B	55.82B	-44.72B	-35.12B
Supplemental Items
Cash Income Tax Paid (Refund)	1.93B	2.59B	2.36B	2B	3.36B

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	0.41	0.32	0.36	0.37	0.32
Return On Equity %	7.89	6.47	7.64	7.96	6.64
Return on Common Equity	7.41	6.02	7.22	7.46	6
Shareholders Value Added	-4.36B	-6.15B	-4.35B	-4.18B	-3.72B
Margin Analysis
SG&A Margin	45.22	47.65	43.8	43.71	6.58
Net Interest Income / Total Revenues %	49.17	53.83	46.22	46.73	44.29
EBT Excl. Non-Recurring Items Margin %	28.49	24.8	30.4	30.51	27.43
Income From Continuing Operations Margin %	19.98	18.73	22.01	22.23	19.66
Net Income Margin %	19.02	17.85	22.79	22.87	25.51
Net Avail. For Common Margin %	18.03	16.74	20.02	20.04	17.08
Normalized Net Income Margin	16.85	14.62	18.06	18.17	16.14
Asset quality
Nonperforming Loans / Total Loans %	3.54	3.57	3.28	2.82	2.82
Nonperforming Loans / Total Assets %	1.38	1.21	1.06	0.95	0.98
Nonperforming Assets / Total Assets %	1.38	1.21	1.06	0.95	0.98
NPAs / Loans and OREO	3.54	3.57	3.28	2.82	2.82
NPAs / Equity	26.63	25.63	22.71	19.97	19.64
Allowance for Credit Losses / Net Charge-offs %	348	574.56	471.58	386.37	492.62
Allowance for Credit Losses / Nonperforming Loans %	71.43	71.65	71.99	68.44	69.59
Allowance for Credit Losses / Total Loans %	2.53	2.56	2.36	1.93	1.96
Provision for Loan Losses / Net Charge-offs %	52.39	152.45	69.96	62.54	75.61
Capital And Funding
Total Average Common Equity / Total Average Assets %	4.97	4.73	4.5	4.52	4.66
Total Average Equity / Total Average Assets %	5.17	4.93	4.68	4.7	4.85
Total Equity + Allowance for Loan Losses / Total Loans %	15.31	15.94	16.26	15.5	15.76
Gross Loans / Total Deposits %	99.45	88.69	87.66	87.67	89.48
Net Loans / Total Deposits %	96.66	86.14	85.3	85.68	87.25
Tier 1 Capital Ratio %	13.5	14.2	14.05	13.89	15.28
Total Capital Ratio %	15.5	16.4	16.43	16.19	17.3
Core Tier 1 Capital Ratio	12.1	12.8	12.89	12.33	13.2
Tier 2 Capital Ratio	2.06	2.16	2.38	2.3	2.02
Coverage Ratio	71.43	71.65	71.99	68.44	69.59
Interbank Ratio	252.96	175.15	158.55	166.11	25.57
Fixed Charges Coverage
EBT + Interest Expense / Interest Expense	1.7	1.8	2.24	1.67	1.19
Growth Over Prior Year
Net Interest Income, 1 Yr. Growth %	0.31	0.88	-0.25	8.28	-8.96
Non Interest Income, 1 Yr. Growth %	14.79	-4.18	7.8	4.69	9.59
Provision For Loan Losses, 1 Yr. Growth %	15.88	78.49	-44.93	-5.76	-3.43
Total Revenues, 1 Yr. Growth %	7.11	-7.86	11.26	7.09	1.31
Earnings From Cont. Operations, 1 Yr. Growth %	7.22	-13.61	30.19	8.2	-11.53
Net Income, 1 Yr. Growth %	8.6	-13.53	34.26	7.46	11.44
Normalized Net Income, 1 Yr. Growth %	23.38	-19.87	37.04	7.68	-11.29
Diluted EPS Before Extra, 1 Yr. Growth %	8.31	-14.44	33.43	8.38	-12.07
Dividend Per Share, 1 Yr. Growth %	-	-	37.97	6.27	17.95
Gross Loans, 1 Yr. Growth %	4.79	0.26	0.6	5.94	-0.15
Allowance For Loan Losses, 1 Yr. Growth %	-12.19	1.26	-7.05	-8.52	-4.19
Net Loans, 1 Yr. Growth %	5.36	0.19	0.79	6.26	-0.25
Non Performing Loans, 1 Yr. Growth %	-12.28