BNP Paribas (OTCMKTS:BNPQY) Issues Earnings Results

BNP Paribas (OTCMKTS:BNPQY) issued its earnings results on Thursday. The financial services provider reported $2.16 earnings per share for the quarter, topping analysts’ consensus estimates of $1.92 by $0.24, Zacks reports. BNP Paribas had a return on equity of 9.63% and a net margin of 23.86%.

BNP Paribas Stock Performance

Shares of BNP Paribas stock traded down $1.83 during trading hours on Thursday, hitting $59.15. 53,575 shares of the company’s stock traded hands, compared to its average volume of 439,313. The stock has a market capitalization of $130.32 billion, a price-to-earnings ratio of 9.49, a PEG ratio of 0.60 and a beta of 0.77. BNP Paribas has a 12-month low of $37.50 and a 12-month high of $61.18. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.78 and a quick ratio of 0.78. The company has a fifty day simple moving average of $55.95 and a 200-day simple moving average of $53.42.

Analyst Ratings Changes

Several research firms have recently commented on BNPQY. Citigroup reissued a “buy” rating on shares of BNP Paribas in a research report on Monday. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of BNP Paribas in a research report on Wednesday, July 15th. Three analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

About BNP Paribas

BNP Paribas is a major international banking group headquartered in Paris, France, formed through the 2000 merger of Banque Nationale de Paris (BNP) and Paribas. The group provides a broad range of banking and financial services to retail, corporate and institutional clients, operating as one of the leading universal banks in Europe with a global footprint.

Its principal business activities encompass retail banking and services, corporate and institutional banking, and investment solutions.