French bank giant BNP Bank Fourth Quarter 2024 The fourth quarter on the basis of distribution increased by 10.8 % over 2023, with an intermediate margin of the group of 12,137 million euros. Net profit The group is equal 2,322 million euros In the fourth quarter 2024, with one 15.7 % increase Compared to the same period of 2023 (2,007 million euros).
For the whole Exercise 2024The intermediate margin is 48,831 million euros, which has increased to 4.1 percent, while the group’s net profit is 11.688 million euros (compared to 11,232 million euros in 2023).
Guidance 2024 passed
The goals of 2024 have been exceeded: +4.1 %/2023 increased income (purpose: 2 %/2023 growth); Scissors effect +2.0 points (purpose: positive scissors effect); Risk price on 33 pb (Purpose: Less than 40 pb); Net profit 11.7 billion euros (purpose: 11.2 billion euros)
“In the fourth quarter 2024, the group records an excellent performance and exceeds its goals for 2024, with solid financial structure. Route tracter is confirmed by 2026 And the axis of Nim has already been praised beyond 2026 – commenting on it CEO Jean Laurent Bonafi.
“I also make a prediction Strong ExceptionThe Xa IM project is driven by the outdoor growth process with the process of management and progress in life insurance – he added – thanks to its diverse and integrated models, BNP is in the derbus. Favorable position To face The new phase of the economic cycle“.
The unusual results of BNL
BNL Commercial Bank It closed with the year one Significant growth of profitWhich reflects the good quality of bank activity and its solid risk management. Intermediate margin It is 724 million euros (+2.8 %). The interest margin is increasing 2.5 %. The commissions have increased by 3.2 %. The overall management results in 263 million (+10.0 %), while the profitability is 202 million, the same period has increased stronger than the same period of 2023 and, after the attribution of a third of the private results, the Business Wealth Management Line I produce banking, BNLBC Useful doors of 195 million, above +94.2 %.
I Deposit They are increasing 2.1 % in the fourth quarter, with the development of corporate clients and private banking classes. Jobs They are falling 2.9 % compared to the fourth quarter of 2023 (1.8 % on the bad credit frame net). Stable use, however, at the layout level (+0.1 %).
Indirect combination (Life Insurance, Common Funds and Administrative Savings) Records 6.2 % increase over 31/12/2023
Thanks to the growth of mutual funds and its collection. Pure deposit in private banking is 1.9 billion in 2024 and its reflection is in the growth of the managed by 4.7 % over the year.
Politics of profitable profit
BNP He confirms One Distribution policy (Payout Ratio Dell 60 %, Which of the minimum of which 50 % in profit) 2024, 2025 and 2026 E for exercises Introduction to Down Payment For the first half of the semester, with the first payment on September 30, 2025, semi -annual on profit starting from 2025.
On this basis, the Board of Directors will propose to pay the General Assembly of the shareholders of May 13, 2025 4.79 Euro ProfitPayed in cash, equivalent to a 50 % distribution rate of the year 2024. There will be a history of profitability 19 Magio 2025With payment on May 21, 2025. In addition, a program in the second quarter of 2025 Improve reactions for 1.08 billion Euro.