The French financial services major, BNP Paribas, disclosed on Thursday a first-quarter pre-tax income of €4.36 billion ($4.67 billion), showing growth from €4.06 billion in the corresponding quarter of the previous year.
Net income, however, slightly declined to €3.10 billion from €3.17 billion last year. Earnings per share for the quarter stood at €2.51.
Revenue for the quarter amounted to €12.48 billion, marginally down from €12.53 billion last year.
The board is expected to propose a dividend of €4.60 per share.
The company also confirmed the finalization of a share buyback program totaling €1.05 billion on April 23.
Looking ahead, BNP Paribas anticipates a 2% increase in full-year revenue compared to the €46.9 billion achieved last year, with net income expected to surpass last year's €11.2 billion.
