Professional
Added to YB: 2024-02-29
Pitch date: 2024-02-22
BNPQY [bullish]
BNP Paribas SA
+62.18%
current return
Author Info
No bio for this author
Company Info
BNP Paribas SA provides various banking and financial products and services in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.
Market Cap
EUR 77.4B
Pitch Price
EUR 48.15
Price Target
46.00 (-41%)
Dividend
6.99%
EV/EBITDA
N/A
P/E
7.16
EV/Sales
N/A
Sector
Banks
Category
value
BNP Paribas SA: BNP Paribas Is a Stable Performer Through the Cycle
BNPQY: Scholtz sets €85 FV on solid '24 earnings recovery, 10% midcycle ROTE. Trades at discount despite stable history & diversified IB/AM biz. Asset mgmt growth & cost cuts to offset French retail challenges. €1B buybacks, 50% div payout. Risks: retail focus, trading, but managed. $46 PT = 9.5x '23 EPS, TBV. Underappreciated IB growth & prudent mgmt.
Read full article (12 min)