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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.

BNP Paribas Corporate and Institutional Banking (CIB) is the global investment banking arm of BNP Paribas. Photo: Getty Images
BNP Paribas Corporate and Institutional Banking (CIB) is the global investment banking arm of BNP Paribas. Photo: Getty Images

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,  

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