Thursday, February 5, 2026 at 6:27 AM
BNP Paribas has revised its mid-term performance targets, increasing its return on tangible equity target and lowering its cost-to-income ratio target, while anticipating significant net profit growth through 2028.
The lender issued more ambitious targets for the period through 2028 and expects revenue to grow more than 5% a year.
The bank is projecting higher revenue and lower costs, after reporting a stronger net profit for the fourth quarter.
Eurozone banks tightened their conditions for loans to businesses in the last quarter of last year, an unexpected development lenders expect will continue in the early months of 2026.
The lender is looking to strike a balance between expanding its top and bottom lines while continuing to hand excess capital to shareholders.
