BNP Paribas: earnings per share of €2.88 expected in the third quarter
The board of directors of BNP Paribas, which met on October 27, 2026 under the chairmanship of Jean Lemierre, reviewed the group's results for the third quarter of 2026. This meeting comes as consensus anticipates growth in earnings per share over one year, following several weeks of decline in the stock price on the stock exchange.
According to the pre-publication consensus as of October 23, 2026, analysts expected earnings per share of €2.88 for the quarter, compared to €2.62 a year earlier. However, these expectations were revised downward by 2.9% over the past thirty days.
A board meeting on October 27 to review the third quarter
The bank published on October 27, 2026 its press release "BNP Paribas Group: Results as of September 30, 2026". It is accompanied by an infographic and two sets of slides in English, one dedicated to the group, the other to business segments and appendices.
The group is present in 64 countries and territories and has more than 180,000 employees, of which more than 146,000 in Europe. Its historical markets in the euro zone are France, Italy, Belgium and Luxembourg.
Its activities are structured around three operational divisions: Commercial, Personal Banking & Services, which brings together retail banks and several specialized business segments; Investment & Protection Services, for savings, investment and protection; and Corporate & Institutional Banking, focused on enterprises and institutional clients.
Consensus anticipated €2.88 of earnings per share for the quarter
For the quarter, consensus expected average revenue of €13.61 billion, in a range of €13.45 billion to €13.84 billion, compared to €12.57 billion in the third quarter of 2025. Expected earnings per share ranged between €2.80 and €2.91.
Expectations for the fourth quarter were also lowered by 2.4% over thirty days, to €2.66 per share on average. For the entire fiscal year 2026, analysts anticipated revenue of €55.15 billion, after €51.22 billion in 2025.
Expected earnings per share for 2026 stood at an average of €11.54. For fiscal year 2025, whose accounts were published on March 24, 2026, the dividend was €5.16 per share.
A stock declining ahead of the deadline, valued at 7.5 times expected earnings
On the stock exchange, the security approached this deadline following a decline initiated since the end of summer. On October 19, 2026, it fell below its support level of €88.94, then below its 200-day moving average on October 20, with the RSI falling to 28.
After a 3% decline on October 22, the stock rebounded by 2.5% on October 26, among the strongest gains in the CAC 40. According to the consensus of surveyed analysts, it trades at approximately 7.5 times the earnings expected for 2026 and 6.5 times those for 2027.
This consensus incorporates expected growth in earnings per share of 14.8% from one fiscal year to the next. The quarterly publication thus represents a milestone in the earnings trajectory that analysts attribute to the bank.
