BNP Paribas
Market Cap
€45.0b
Last Updated
2020/06/05 10:01 UTC
Data Sources
Company Financials +
Executive Summary
BNP Paribas SA provides a range of banking and financial services in France and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Very undervalued with mediocre balance sheet.
Similar Companies
Share Price & News
How has BNP Paribas's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BNP's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
11.7%
BNP
6.5%
FR Banks
4.7%
FR Market
1 Year Return
-11.7%
BNP
-17.3%
FR Banks
-3.8%
FR Market
Return vs Industry: BNP exceeded the French Banks industry which returned -17.3% over the past year.
Return vs Market: BNP underperformed the French Market which returned -3.8% over the past year.
Shareholder returns
| BNP | Industry | Market | |
|---|---|---|---|
| 7 Day | 11.7% | 6.5% | 4.7% |
| 30 Day | 28.6% | 22.5% | 12.1% |
| 90 Day | -6.5% | -12.5% | -1.8% |
| 1 Year | -11.7%-11.7% | -17.3%-17.3% | -2.1%-3.8% |
| 3 Year | -36.7%-44.2% | -41.2%-48.3% | 8.8%0.05% |
| 5 Year | -19.3%-34.9% | -28.5%-42.9% | 26.5%10.3% |
Price Volatility Vs. Market
How volatile is BNP Paribas's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
How Much Did BNP Paribas SA's (EPA:BNP) CEO Pocket Last Year?1 month ago | Simply Wall St
What Type Of Shareholder Owns BNP Paribas SA's (EPA:BNP)?2 months ago | Simply Wall St
Should You Think About Buying BNP Paribas SA (EPA:BNP) Now?Valuation
Is BNP Paribas undervalued compared to its fair value and its price relative to the market?
27.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BNP (€36.02) is trading below our estimate of fair value (€49.92)
Significantly Below Fair Value: BNP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BNP is good value based on its PE Ratio (6.3x) compared to the Banks industry average (8.9x).
PE vs Market: BNP is good value based on its PE Ratio (6.3x) compared to the French market (15.1x).
Price to Earnings Growth Ratio
PEG Ratio: BNP is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: BNP is good value based on its PB Ratio (0.4x) compared to the XE Banks industry average (0.6x).
Next Steps
Future Growth
How is BNP Paribas forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?
13.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BNP's forecast earnings growth (13.7% per year) is above the savings rate (0.6%).
Earnings vs Market: BNP's earnings (13.7% per year) are forecast to grow faster than the French market (13.6% per year).
High Growth Earnings: BNP's earnings are forecast to grow, but not significantly.
Revenue vs Market: BNP's revenue (2.9% per year) is forecast to grow slower than the French market (3.9% per year).
High Growth Revenue: BNP's revenue (2.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BNP's Return on Equity is forecast to be low in 3 years time (6.8%).
Next Steps
Past Performance
How has BNP Paribas performed over the past 5 years?
7.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BNP has high quality earnings.
Growing Profit Margin: BNP's current net profit margins (17.1%) are lower than last year (18.3%).
Past Earnings Growth Analysis
Earnings Trend: BNP's earnings have grown by 7.6% per year over the past 5 years.
Accelerating Growth: BNP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BNP had negative earnings growth (-5.5%) over the past year, making it difficult to compare to the Banks industry average (-5.5%).
Return on Equity
High ROE: BNP's Return on Equity (7%) is considered low.
Next Steps
Financial Health
How is BNP Paribas's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: BNP's Assets to Equity ratio (23.6x) is very high.
Allowance for Bad Loans: BNP has a low allowance for bad loans (73%).
Low Risk Liabilities: 57% of BNP's liabilities are made up of primarily low risk sources of funding.
Loan Level: BNP has an appropriate level of Loans to Assets ratio (33%).
Low Risk Deposits: BNP's Loans to Deposits ratio (61%) is appropriate.
Level of Bad Loans: BNP has a high level of bad loans (2.6%).
Next Steps
Dividend
What is BNP Paribas's current dividend yield, its reliability and sustainability?
6.18%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BNP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BNP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BNP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BNP's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: BNP is not paying a notable dividend for the French market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BNP's dividend in 3 years as they are not forecast to pay a notable one for the French market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
8.3yrs
Average management tenure
CEO
Jean-Laurent Bonnafé (58yo)
8.5yrs
Tenure
€3,858,171
Compensation
Mr. Jean-Laurent Bonnafé has been the Chief Executive Officer at BNP Paribas SA since December 1, 2011. Mr. Bonnafé serves as the Chief Executive Officer at BNP Paribas España S.A. He served as Chief Execu ...
CEO Compensation Analysis
Compensation vs Market: Jean-Laurent's total compensation ($USD4.37M) is about average for companies of similar size in the French market ($USD3.89M).
Compensation vs Earnings: Jean-Laurent's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 8.5yrs | €3.86m | 0.0055% €2.5m | |
| Chief Operating Officer | 8.5yrs | €2.43m | 0.0061% €2.8m | |
| Business Manager of Real Estate & Employee Representative Director | 2.33yrs | €103.73k | no data | |
| Chief Financial Officer | 8.25yrs | no data | no data | |
| Global Head of Investments | 1.08yrs | no data | no data | |
| Head of Investor Relations & Financial Information | 8.42yrs | no data | no data | |
| Head of the Group Compliance Function | 2.67yrs | no data | no data | |
| Head of Group Communications & Deputy Director of Company Engagement Department | no data | no data | no data | |
| Head of Group Human Resources | 0.083yr | no data | no data | |
| Managing Director of Investment Banking Europe | no data | no data | no data |
8.3yrs
Average Tenure
57yo
Average Age
Experienced Management: BNP's management team is seasoned and experienced (8.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 8.5yrs | €3.86m | 0.0055% €2.5m | |
| Business Manager of Real Estate & Employee Representative Director | 2.33yrs | €103.73k | no data | |
| Chairman of Exane Inc and Chief Executive Officer of Exane Inc | no data | no data | no data | |
| Chairman of Corporate and Institutional Banking - Americas & CEO of BNP Paribas - USA | 2yrs | no data | no data | |
| Independent Director | 6.33yrs | €124.27k | 0.00077% €346.4k | |
| Honorary Chairman | 8.5yrs | no data | no data | |
| Independent Director | 20.08yrs | €100.40k | 0.00021% €94.5k | |
| Chairman of the Board | 5.5yrs | €1.01m | 0.0025% €1.1m | |
| Vice Chairman of CIB Americas | no data | no data | no data | |
| Chairman of BNP Paribas Securities (Japan) Limited | no data | no data | no data |
6.3yrs
Average Tenure
61.5yo
Average Age
Experienced Board: BNP's board of directors are considered experienced (6.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
BNP Paribas SA's company bio, employee growth, exchange listings and data sources
Key Information
- Name: BNP Paribas SA
- Ticker: BNP
- Exchange: ENXTPA
- Founded: 1848
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: €44.989b
- Shares outstanding: 1.25b
- Website: https://group.bnpparibas
Number of Employees
Location
- BNP Paribas SA
- 16 boulevard des Italiens
- Paris
- Ile-de-France
- 75009
- France
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BNPQ.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Oct 1993 |
| BNP | ENXTPA (Euronext Paris) | Yes | Ordinary Shares | FR | EUR | Oct 1993 |
| BNP | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Oct 1993 |
| BNP | SWX (SIX Swiss Exchange) | Yes | Ordinary Shares | CH | CHF | Oct 1993 |
| 0HB5 | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Oct 1993 |
| BNP | BIT (Borsa Italiana) | Yes | Ordinary Shares | IT | EUR | Oct 1993 |
| BNP | XTRA (XETRA Trading Platform) | Yes | Ordinary Shares | DE | EUR | Oct 1993 |
| BNPP | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Oct 1993 |
| BNP N | BMV (Bolsa Mexicana de Valores) | Yes | Ordinary Shares | MX | MXN | Oct 1993 |
| BNP | WBAG (Wiener Boerse AG) | Yes | Ordinary Shares | AT | EUR | Oct 1993 |
| BNPM | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Oct 1993 |
| BNPQ.Y | OTCPK (Pink Sheets LLC) | ADR EACH REPR 1/2 ORD LVL I(SPON) | US | USD | Nov 2000 | |
| BNPH | DB (Deutsche Boerse AG) | ADR EACH REPR 1/2 ORD LVL I(SPON) | DE | EUR | Nov 2000 |
Biography
BNP Paribas SA provides a range of banking and financial services in France and internationally. It operates through two divisions, Retail Banking and Services, and Corporate and Institutional Banking. The company offers long-term corporate vehicle leasing, and rental and other financing solutions; and digital banking and investment services, cash management, and factoring services to corporate clients, as well as wealth management services. It also provides credit solutions for individuals under the Cetelem, Cofinoga, and Findomestic brands; savings and protection solutions, including insuring individuals, and their personal projects and assets; and asset management, private banking, and real estate services. In addition, the company offers global market services, including investment, hedging, financing, research, and market intellingence across asset classes; security services comprising clearing, custody, and asset and fund services, as well as corporate trust, and market and financing services; and corporate trade and treasury, debt financing, specialized financing, strategic advisory, mergers and acquisition, and equity capital market services for institutional and corporate clients. The company was formerly known as Banque Nationale de Paris and changed its name to BNP Paribas SA in May 2000. BNP Paribas SA was founded in 1848 and is headquartered in Paris, France.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/06/05 10:01 |
| End of Day Share Price | 2020/06/04 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.