The net profit of Bnp Paribas decreases: -26% to 4,8 billion euros in 2013, under the weight of extraordinary charges for 1,21 billion. The result is lower than analysts' expectations which aimed at an average of 5,72 billion. Among the non-recurring items, in particular, there are 798 million euros set aside in the fourth quarter in relation to the investigation by the American authorities into payments in dollars made in countries subject to embargo by the United States.
The last quarter of the year thus showed a drop in net profit of 75,5% to 127 million. In 2012, extraordinary items had made a positive contribution to the result of 184 million euro. Even net of non-recurring items, the net profit for 2013 is down (-5,3%). The intermediation margin totaled 38,82 billion euros (-0,6%), a level slightly above expectations. The board of directors will propose to the shareholders' meeting a stable dividend of 1,50 euro per share, with a payout of 40,8%.
