2024-03-19 16:57:08 ET
Summary
- BNP Paribas SA is offering a sustainable high dividend yield, making it an attractive income play for long-term investors.
- The bank has a strong position in the Corporate and Investment Banking segment and is one of the best European banks in this segment.
- BNP's financial performance has been solid, with strong cost control, sound credit quality, and a good level of profitability compared to peers.
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BNP Paribas: A Good Income Play In The European Banking Sector