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BNP Paribas Plans to Return Around $22 Billion to Shareholders

By Adria Calatayud

 

BNP Paribas said it aims to return about 20 billion euros ($21.86 billion ) to shareholders between 2024 and 2026 as it raised its cost-efficiency target.

The French bank on Wednesday said it expects 2024 net profit will be higher than 2023 distributable net profit and confirmed its profitability target for 2025.

 

Write to Adria Calatayud at adria.calatayud@wsj.com

 

(END) Dow Jones Newswires

March 13, 2024 02:38 ET (06:38 GMT)

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