BNP Paribas stock trades near EUR 100 after Google AI deal

Published on 09/28/2026 at 14:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BNP Paribas stock carries a five-year Google Cloud agreement dated September 24, 2026. Second-quarter net income reached EUR 4.345 billion, up 33.40 percent year over year.

Fotorealistisches Panorama von La Défense Paris, Hochhäuser im Abendlicht — BNP Paribas S.A. FR0000131104 – Luftaufnahme des Pariser Finanzviertels La Défense im Abendlicht, Illustration mit AI erstellt.

BNP Paribas (ISIN FR0000131104) was trading at EUR 99.23 on Euronext Paris on September 28, 2026, at 2:07 p.m. CEST, with a daily change of -0.07 percent. The latest company catalyst is a five-year Google Cloud partnership announced on September 24, 2026, focused on agentic artificial intelligence.

Google deal targets banking workflows

According to BNP Paribas, the agreement expands access to Google Cloud infrastructure, Gemini models and Gemini Enterprise. Initial work is planned within Corporate and Institutional Banking, including the integration of Gemini models into the bank's LLM@CIB assistant.

The partnership adds a concrete operating angle to the bank's AI strategy. The Star, citing Reuters on September 24, 2026, reported that sensitive customer data and critical operations will remain outside public cloud infrastructure, while BNP Paribas continues using open-source models and its partnership with Mistral.

Second-quarter profit rose 33.40 percent

BNP Paribas reported EUR 14.091 billion in net banking income for the second quarter of 2026, up 12.00 percent from the second quarter of 2025. Net income attributable to the Group rose 33.40 percent to EUR 4.345 billion from EUR 3.258 billion, while the cost-income ratio improved by 0.80 percentage points to 56.70 percent.

The quarter also showed capital strength. The CET1 ratio stood at 13.00 percent on June 30, 2026, and the 2026 interim dividend was EUR 3.23 per share, with payment scheduled for September 28, 2026.

Stock sits 12.82 percent below its high

At EUR 99.23, BNP Paribas stock was 12.82 percent below its 52-week high of EUR 113.82 and above its 52-week low of EUR 65.12. Trading volume stood at 361,386 shares at the September 28, 2026 quote timestamp, while market capitalization was EUR 108.8 billion.

Third-quarter results are dated

BNP Paribas has scheduled the release of third-quarter 2026 results for October 28, 2026. That date gives investors the next formal checkpoint for judging whether the double-digit revenue growth reported in the second quarter is continuing.