BNP Paribas stock price rises after record profit beat and a fresh cost-cut push
BNP Paribas shares rose 1.8% to 92.59 euros in Paris after the bank raised its 2028 profit targets and reported a 28% jump in quarterly net income to 2.97 billion euros. Management announced an extra 600 million euros in recurring savings for 2026. Investors are watching the ECB’s rate signals and BNP’s Feb. 9 appeal in a Sudan-related U.S. legal case.
