BNP Paribas Shares Climb 2.59% to €91.08 One Week Before AGM
BNP Paribas shows a strong start in Wednesday's session on May 6, 2026, opening at €91.08. The stock benefits from a favorable market environment in Europe, with the CAC 40 up 1.23% during the session. The bank is now very close to its technical resistance, just one week away from its annual general meeting.
A Rebound Bringing the Stock Close to Its Resistance
BNP Paribas stock gains 2.59% to €91.08 at the opening, following a previous close at €88.78. The price is approaching the resistance identified at €94.08, near the upper boundary of the Bollinger Bands at €94.35. The stock is trading in the upper part of the band, at 61% of the range. The RSI at 48 remains in the neutral zone and does not indicate any overbought or oversold conditions. Today's rebound is part of a broader market movement: the SBF 120 is up 1.19% and the DAX has gained 1.08%. Over three months, the stock shows a limited decline of 0.98%, but maintains a gain of 19.28% over one year. The potential crossing of the €94 zone remains the next technical level to watch.
AGM Scheduled for May 12, Following a Month Full of Strategic Announcements
The financial calendar sets the annual general meeting for May 12, 2026. This event follows several significant announcements. On April 30, the bank formalized the sale of 67% of BMCI to Holmarcom, with completion expected in the fourth quarter of 2026. The day before, the group finalized its partnership with Ageas, selling its 25% stake in AG Insurance for €1.9 billion and increasing its share in Ageas to 22.5%. On April 28, BNP Paribas also confirmed its capital trajectory despite a raised O-SII buffer to 2.0%. During the Q3 2025 earnings release, management reiterated its ROTE targets of 12% in 2026 and 13% in 2028, with an average net profit growth exceeding 7% over 2024-2026. Second quarter results are expected on July 23, 2026.
