BNP Paribas (OTCMKTS:BNPQY) Issues Earnings Results

BNP Paribas (OTCMKTS:BNPQY) announced its quarterly earnings data on Thursday. The financial services provider reported $1.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.96 by $0.14, Zacks reports. BNP Paribas had a net margin of 21.92% and a return on equity of 8.09%.

BNP Paribas Trading Down 0.4 %

BNPQY traded down $0.15 during trading on Thursday, reaching $34.63. The company had a trading volume of 195,404 shares, compared to its average volume of 382,586. The stock has a market cap of $78.26 billion, a P/E ratio of 6.56, a PEG ratio of 0.28 and a beta of 1.36. The business has a 50 day simple moving average of $31.38 and a 200-day simple moving average of $32.98. BNP Paribas has a 52 week low of $28.53 and a 52 week high of $39.32. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 1.79.

Analysts Set New Price Targets

Separately, Royal Bank of Canada upgraded BNP Paribas to a “moderate buy” rating in a research report on Wednesday, October 9th.

BNP Paribas Company Profile

BNP Paribas SA provides various banking and financial products and services in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates through three divisions: Corporate & Institutional Banking; Commercial, Personal Banking & Services; and Investment & Protection Services.