BNP Paribas profit rises as bank announces €1.3 billion buyback
BNP Paribas reported third-quarter net income attributable to shareholders of €3.456 billion on 28 October 2026, up 13.5% from a year earlier. The French bank also announced a share buyback of up to €1.3 billion.
Revenue reached €13.757 billion, up 9.5% from the third quarter of 2025. Corporate and investment banking contributed to the increase, with revenue growth of 16.6%.
Cost of risk was €964 million, or 39 basis points of outstanding loans. Operating expenses rose more slowly than revenue and the cost-to-income ratio improved to 58.3%, according to the published accounts.
In a separate release, BNP Paribas said the buyback, authorised by the European Central Bank, would begin on 2 November. Purchased shares will be cancelled. The announcement does not mean the purchases have already taken place.