BNP Paribas (OTCPK:BNPQF)
$ 58.5 0.5 (0.86%) Market Cap: 66.18 Bil Enterprise Value: 230.32 Bil PE Ratio: 6.70 PB Ratio: 0.50 GF Score: 71/100
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Q1 2019 BNP Paribas SA Earnings Call Transcript

May 02, 2019 / 12:00PM GMT
Release Date Price: $53.41
Operator

Good afternoon, ladies and gentlemen, and welcome to the presentation of BNP Paribas first quarter 2019 results. For your information, this conference call is being recorded. Supporting slides are available on BNP Paribas IR website, invest.bnpparibas.com. (Operator Instructions)

I would like now to hand the call over to Lars Machenil, Group Chief Financial Officer. Please go ahead, sir.

Lars Machenil
BNP Paribas SA - CFO

Thank you. Good afternoon, fine ladies and gentlemen. I trust you are doing well. And in the usual way, I'll take you through the first 2 chapters of the result presentation, which I trust you have under your eyes and then hand it over to you for Q&A.

So looking at our first quarter key messages on Slide 3. BNP Paribas businesses activity progressed in all 3 operating divisions, which if you look at loans outstanding, are up 4.2% year-on-year. At the beginning of the quarter, the market backdrop was still affected by the extreme market condition that we've seen at the end of 2018, but showed a gradual improvement

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