The BNP Paribas group published today its third-quarter results.
During the quarter under review BNP Paribas posted 1.3 million euros in net income, up sharply compared to what it was in the third quarter 2011 (541 million euros). This increase in the profit-generation capacity was backed by the results on bond trading and a substantial decrease in losses on investments in ailing eurozone countries.
Net bank income stood at 9.7 billion euros, breaking down into:
- 6.2 billion for Retail Banking
- 1.5 billion for Investment Solutions
- 2.4 billion for CIB.
The fully loaded1 Basel 3 common equity Tier 1 ratio was 9.5% as at 30 September 2012 and the 9% target was therefore surpassed.
More in the press release and the financial reports: http://www.bnpparibasfortis.com/en/pid5745/financial-reports-2012.html