BGL BNP Paribas (009789111) H2 2025 earnings summary

Executive summary

• Consolidated net profit rose 8% year-over-year to €514.5 million, reflecting robust earnings growth in a challenging macroeconomic environment.

• Net banking income surpassed €2 billion, up 4% from 2024, driven by higher interest income and solid deposit volumes.

• The bank continued to invest in digital transformation, sustainability, and infrastructure, including the opening of a new energy-efficient headquarters.

• The GTS (Growth, Technology, Sustainability) plan reached key milestones, with increased digital adoption and successful IT migration to the group cloud.

Financial highlights

• Net banking income: €2,008.5 million (+4% year-over-year).

• Gross operating income: €1,086.7 million (+6% year-over-year).

• Operating costs: €921.8 million (up less than 1% year-over-year).

• Cost of risk: €175.4 million, up €33.6 million, mainly in real estate and industrial sectors.

• Net gains on fixed assets increased by €16.1 million, including a €10.7 million real estate capital gain.

Outlook and guidance

• Work has begun on the next strategic plan for 2027–2030, focusing on continued digitalisation and sustainability.

• The bank remains committed to supporting clients through economic transitions and evolving market conditions.