2018 Registration document and annual fi nancial report - BNP PARIBAS18
1 PRESENTATION OF THE BNP PARIBAS GROUP
1
BNP Paribas and its shareholders
➤ BNP PARIBAS SHARE PERFORMANCE BETWEEN 31 DECEMBER 2015 AND 31 DECEMBER 2018
Comparison with the EURO STOXX Banks, STOXX Banks and CAC 40 indexes (rebased on share price).
Euros
1 2/
31 /2
01 5
04 /3
0/ 20
16
08 /3
1/ 20
16
02 /2
8/ 20
17
06 /3
0/ 20
17
10 /3
1/ 20
17
02 /2
8/ 20
18
06 /3
0/ 20
18
10 /3
1/ 20
18
12 /3
1/ 20
18
30
35
40
45
50
55
60
65
70
DJ STOXX BANKS
DJ EURO STOXX BANKS
FRANCE CAC 40 BNP PARIBAS
02 /2
9/ 20
16
06 /3
0/ 20
16
10 /3
1/ 20
16
12 /3
1/ 20
16
04 /3
0/ 20
18
08 /3
1/ 20
18
04 /3
0/ 20
17
08 /3
1/ 20
17
12 /3
1/ 20
17
Source: Bloomberg
.
In the three-year period from 31 December 2015 to 31 December 2018, BNP Paribas share price fell 24.4% from EUR 52.23 to EUR 39.48, outperforming other euro zone banks (Euro Stoxx Banks: -31.9%), European banks (Stoxx Banks: -27.5%), but signifi cantly underperforming the CAC 40 (+2.0%).
In 2018, European bank shares were impacted by threats to world trade growth, concerns regarding slowing economic growth, as well as expectations of slower-than-expected growth rates, all of which led to a drop in valuations.
