BNP Paribas profit rises 53 percent for the quarter to $2.8 billion

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French bank BNP Paribas reported Wednesday a net income growth of 53 percent from the previous quarter at 2.39 billion euros ($2.79 billion).

French bank BNP Paribas reported Wednesday a net income growth of 53 percent from the previous quarter at 2.39 billion euros ($2.79 billion).

From a year ago however, net income came in slightly lower, by 0.1 percent.

The bank said that its business increased in the context of higher economic growth in Europe.

Here are some of the highlights in the second-quarter:

  • Revenues at 11.2 billion euros ($13.08 billion)
  • Net income at 2.39 billion euros ($2.79 billion)
  • Outstanding loans up by 3.7 percent from a year ago

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