Investment Banking

BNP Paribas reports Q4 profit fall, €5bn in buybacks

The French bank, the largest in the eurozone by market capitalisation, reported net profit of €2.15bn in the three months to December

BNP Paribas SA's fourth-quarter profit fell but revenue rose on bumper net interest income, as it raised its targets to 2025 and said it would launch a €5bn share buyback.

The French bank, the largest in the eurozone by market capitalisation, reported net profit of €2.15bn in the three months to December, down from €2.31bn in the same period in 2021.

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