BNP Paribas stock reaches historic record at €113.46
BNP Paribas is pushing its own absolute ceiling today, touching €113.46 during the session to secure a new all-time high. The share is advancing in a rising CAC 40, supported by a French banking sector that is moving in tandem.
Historic record broken as share exceeds moving averages by more than 7%
The BNP Paribas share gains 0.96% during the session at €113.20, after touching €113.46 intraday, erasing the previous all-time high of €113.38 established in recent sessions. This new absolute peak is part of a bullish dynamic that has considerably accelerated in recent weeks: the share is up nearly 6% over one week and more than 10% over one month. Over three months, the gain exceeds 27%. The CAC 40 advances 0.67% during the session, in a context of broadly well-oriented European markets, with the DAX also in positive territory.
The RSI at 71 signals an overbought configuration, consistent with the amplitude of the recent move. The price stands well above the 20-day MA at €105.64 (spread of more than 7%) and the 50-day MA at €101.12 (nearly 12% above), demonstrating the strength of the rally underway since spring. The next prospective reference level is located around the psychological threshold of €115, a level the share has yet to reach.
Favorable rate environment and reinforced Arval subsidiary to sustain momentum
The French banking sector is performing well this Thursday, with Société Générale and Crédit Agricole each advancing by approximately 1% during the session. For BNP Paribas, the rate environment remains a fundamental parameter: the 3-month Euribor stands at 2.43% as of July 1, 2026, up 0.40 basis points year-on-year, a configuration historically favorable to banking intermediation margins. Furthermore, Arval's acquisition of Athlon, finalized in early August, brought the combined fleet of the long-term rental subsidiary to 2.3 million vehicles, strengthening the group's scope.
The VIX, a barometer of implied volatility on American markets, falls to 15.85, a sign of easing tensions. In this context, analyst views on the share remain an indicator to monitor to assess whether consensus is accompanying the rise beyond €113. Today's record at €113.46 now constitutes the high reference point to watch for the remainder of the session.
