BNP Paribas Considers 70 Percent Payout Ratio

BNP Paribas may increase its annual earnings payout ratio from 60 to 70 percent. CEO Jean-Laurent Bonnafe noted the move is under board review after strong earnings and a new share buyback.

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Jean-Laurent Bonnafe, chief executive officer of BNP Paribas, attends the bank's annual results news conference in Paris, France, February 5, 2020. REUTERS/Benoit Tessier

BNP Paribas could raise its payout ratio to 70% of annual earnings from 60%, CEO Jean-Laurent Bonnafe said Wednesday afternoon. The shift follows a strong financial period for lenders based in France and across Europe. Higher interest rates have driven record profits since 2024, leaving major institutions with excess capital to distribute.