- BNP Paribas press release ( OTCQX:BNPQF ): Q4 net income of €2,150M
- Revenue of €12.11B (+7.8% Y/Y).
- As of 31 December 2022, the Common Equity Tier 1 ratio stood at 12.3%.
- The Group reaffirms its objective of generating a positive jaws effect each year and for an average of 2 points. It reinforces its targeted cumulative recurring cost savings of up to 2.3 billion euros by 2025. The Group thus targets a stepped-up return on tangible equity ( OTC:ROTE ) of around 12% in 2025.
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BNP Paribas reports Q4 results; reaffirms long-term goals