BNP Paribas Posts Record Q1 Profit, Confirms 2028 Targets Boosting France 40

BNP Paribas capped its Q1 2026 earnings with a record net income above €3.2bn and revenue of €14.06bn, up 8.5% year-over-year and beating consensus by ~€210m, while confirming 2028 targets. Earlier reports detailed a 9% profit rise to €3.22bn on €14.1bn revenues, fueled by retail banking despite weaker investment bank trading (up 2.5%) and higher credit provisions at €922m. The strong results and reaffirmed CET1 goal of 13% by 2027 signal stability, likely providing positive momentum for France 40 amid European bank optimism.