BNP Paribas Bank Polska S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 11:27 am IST
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BNP Paribas Bank Polska S.A. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was PLN 1,371.1 million compared to PLN 126.21 million a year ago. Net income was PLN 445.48 million compared to net loss of PLN 346.6 million a year ago. Basic earnings per share from continuing operations was PLN 3.02 compared to basic loss per share from continuing operations of PLN 2.35 a year ago. Diluted earnings per share from continuing operations was PLN 3.02 compared to diluted loss per share from continuing operations of PLN 2.35 a year ago.
For the nine months, net interest income was PLN 3,814.61 million compared to PLN 2,286.73 million a year ago. Net income was PLN 1,393.11 million compared to PLN 188.81 million a year ago. Basic earnings per share from continuing operations was PLN 9.44 compared to PLN 1.28 a year ago. Diluted earnings per share from continuing operations was PLN 9.43 compared to PLN 1.28 a year ago.
BNP Paribas Bank Polska SA, formerly Bank BGZ BNP Paribas SA and Gospodarki Zywnosciowej SA, is a Poland-based bank. The Bank divides its operations into three segments: Retail Banking includes sales of products and services for individuals, such as current and deposit accounts, term deposits, granting of housing loans and cash loans, mortgage loans, revolving loans, overdrafts, issuing debit and credit cards, service of foreign cash transfers, entering into foreign exchange transactions, among others; Institutional Banking includes sales of products and services for enterprises, companies and cooperatives, individual entrepreneurs, individual farmers, non-profit institutions and public sector entities; and Financial Markets, Assets and Liabilities Management covers activity in the area of financial markets and liquidity management.