BNP Paribas: Fails to Meet Annual Expectations | Deep-Dive

BNP Paribas, the leading bank in Europe by market value, recently revised its financial goals for 2025.

The adjustment comes in the wake of a lower-than-expected net profit in the fourth quarter, primarily due to increased costs.

The bank now forecasts an average annual growth in net profit of about 8% from 2022 to 2025. This is a step down from its earlier projection, which was over 9%.

The adjustment was announced on February 1,