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BNP Paribas’ Q4 2024 net income increases by 15.7% to €2.3bn

07.02.2025
admin2025-02-07T08:44:12+03:00

The French bank’s total revenues amounted to €12.1bn in the reported quarter that ended 31 December 2024. BNP Paribas has reported a 15.7% increase in its net income for the fourth quarter of 2024 (Q4 2024) at €2.32bn, compared to...

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ICICI Bank’s net profit up by 14.8% YoY to $1.4b in Q3

07.02.2025
admin2025-02-07T08:41:27+03:00

Its domestic loan portfolio also grew by 15.1%. ICICI Bank’s net profit increased by 14.8% year-on-year (YoY) to $1.4b in Q3 2025, or the quarter ending 31 December 2024. Core operating profit grew by 13.1% YoY to $1.9b during the same...

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Credit Agricole reports 27% Q4 profit jump, aided by Amundi and trading

07.02.2025
admin2025-02-07T08:38:24+03:00

The lender is the latest to benefit from soaring demand from clients wanting to trade in global markets. Credit Agricole, France’s second-biggest listed bank, blew past quarterly earnings forecasts with a 27 per cent jump in profit, driven by insurance...

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UBS Group Q4 Earnings & Revenues Increase Y/Y

07.02.2025
admin2025-02-07T08:35:03+03:00

UBS Group AG UBS reported a fourth-quarter 2024 net profit attributable to shareholders of $770 million against a net loss of $279 million in the prior-year quarter. Results were driven by the strong performances of the Global Wealth Management, Asset...

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Japan’s Nomura doubles Q3 profit on revived markets and IB divisions

07.02.2025
admin2025-02-07T08:25:40+03:00

It reported a 101% increase in net profit. Japan’s top brokerage and investment bank, Nomura Holdings, reported a 101 per cent increase in net profit on strong demand for equity offerings and mergers and acquisitions advisory services. Nomura posted its seventh...

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Italy’s Intesa strengthens 2025 profit goal, increases buyback size

06.02.2025
admin2025-02-06T05:45:04+03:00

Italy's biggest bank Intesa Sanpaolo (ISP.MI), opens new tab strengthened its profit outlook on Tuesday, forecasting rising revenue and lower costs this year, after incentives for early staff exits weighed on fourth quarter income. Intesa, which kicked off the reporting...

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Japan’s biggest lender MUFG posts 32% jump in Q3 profit

06.02.2025
admin2025-02-06T05:42:25+03:00

Profit in the October-December period came in at 490.74 billion yen (US$3.186 billion) versus 370.64 billion yen a year earlier. Japan’s largest lender Mitsubishi UFJ Financial Group reported a 32 per cent increase in quarterly net profit. Profit in the October-December...

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Mexican economy posts contraction for 1st time in 3 years

06.02.2025
admin2025-02-06T05:39:02+03:00

Gross domestic product of Mexico fell by 0.6% in 4th quarter of 2024. The economy of Mexico shrank in the last quarter of 2024, marking the first quarterly contraction in three years, the national statistics agency INEGI reported in a...

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Japan’s Mizuho posts 28% rise in Q3 profit

06.02.2025
admin2025-02-06T05:35:49+03:00

Profit for the October-December period came in at 289.2 billion yen (US $1.874 billion). Mizuho Financial Group, Japan’s third-largest lender, booked a 28 per cent increase in quarterly net profit that has meant its nine-month figures now exceed forecasts for...

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Philippines Q4 GDP grows 5.2% y/y, below expectations

06.02.2025
admin2025-02-06T05:33:26+03:00

The Philippine economy expanded an annual 5.2 per cent in fourth quarter from a year earlier, official data showed, missing the median forecast of 5.4 per cent growth in a Reuters poll of economists. On a quarterly basis, the Philippines...

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