BNP Paribas (BNP) AGM 2026 summary

Opening remarks and agenda

• The meeting was validly opened with 73% of capital stock present, ensuring quorum.

• The agenda included a review of 2025 results, strategic outlook to 2028, governance matters, and procedures for questions.

• The next AGM is scheduled for May 11, 2027.

Financial performance review

• Net profit for 2025 reached €12.225 billion, up 4.6%, with revenue up 4.9%.

• Revenues grew by 4.9%, with CIB up 5.6%, CPBS up 2.6%, and IPS up 19.6%.

• Cost of risk was contained at 36 basis points, reflecting portfolio quality and diversification.

• CET1 ratio stood at 12.6% at year-end 2025, rising to 12.8% in Q1 2026.

• Earnings per share increased by 7.5% to €10.29, with a 60% payout policy maintained.

Dividend announcements

• Dividend for 2025 set at €5.16 per share, with an interim of €2.59 paid in September 2025 and a balance of €2.57 in May 2026.

• Share buybacks of €1.15 billion were finalized in December 2025.

• Distribution policy maintained at 60% payout.