BNP Paribas Q1 Net Profit Up 10%

by Monica Gerson, Benzinga Staff Writer
May 4, 2012 4:36 AM | 17 seconds read |
BNP Paribas SA BNPQY posted a 10% rise in its first-quarter net profit. BNP Paribas' quarterly net profit climbed to EUR2.87 billion, from EUR2.62 billion in the year-ago period, beating analysts' estimates of EUR2.5 billion. BNP Paribas' revenue dropped 15% to EUR9.89 billion. BNP Paribas shares closed at $18.98 yesterday.
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